GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Trade Estates Real Estate Investment Co (ATH:TRESTATES) » Definitions » Price-to-Tangible-Book

Trade Estates Real Estate Investment Co (ATH:TRESTATES) Price-to-Tangible-Book : 0.68 (As of Jun. 02, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Trade Estates Real Estate Investment Co Price-to-Tangible-Book?

As of today (2025-06-02), Trade Estates Real Estate Investment Co's share price is €1.70. Trade Estates Real Estate Investment Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €2.52. Hence, Trade Estates Real Estate Investment Co's Price to Tangible Book Ratio of today is 0.68.

The historical rank and industry rank for Trade Estates Real Estate Investment Co's Price-to-Tangible-Book or its related term are showing as below:

ATH:TRESTATES' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65   Med: 0.68   Max: 0.71
Current: 0.67

During the past 3 years, Trade Estates Real Estate Investment Co's highest Price to Tangible Book Ratio was 0.71. The lowest was 0.65. And the median was 0.68.

ATH:TRESTATES's Price-to-Tangible-Book is ranked better than
70.86% of 906 companies
in the REITs industry
Industry Median: 0.82 vs ATH:TRESTATES: 0.67

A closely related ratio is called PB Ratio. As of today, Trade Estates Real Estate Investment Co's share price is €1.70. Trade Estates Real Estate Investment Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was €2.52. Hence, Trade Estates Real Estate Investment Co's P/B Ratio of today is 0.67.


Trade Estates Real Estate Investment Co Price-to-Tangible-Book Historical Data

The historical data trend for Trade Estates Real Estate Investment Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trade Estates Real Estate Investment Co Price-to-Tangible-Book Chart

Trade Estates Real Estate Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 0.71

Trade Estates Real Estate Investment Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial - - - 0.71 0.65

Competitive Comparison of Trade Estates Real Estate Investment Co's Price-to-Tangible-Book

For the REIT - Office subindustry, Trade Estates Real Estate Investment Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trade Estates Real Estate Investment Co's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Trade Estates Real Estate Investment Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Trade Estates Real Estate Investment Co's Price-to-Tangible-Book falls into.


;
;

Trade Estates Real Estate Investment Co Price-to-Tangible-Book Calculation

Trade Estates Real Estate Investment Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=1.70/2.518
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Trade Estates Real Estate Investment Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Trade Estates Real Estate Investment Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Trade Estates Real Estate Investment Co Business Description

Traded in Other Exchanges
N/A
Address
3 Ch. Sabag - S, Khouri, Marousi, Athens, GRC, 15125
Trade Estates Real Estate Investment Co is engaged in acquisition and management of real estate property, the right to purchase property by preliminary agreement and in general the carrying out investments. It operates in real estate investments both in Greece and abroad, such as in Cyprus and Bulgaria.

Trade Estates Real Estate Investment Co Headlines

No Headlines