Bangkok Commercial Property Fund (BKK:BKKCP) Price-to-Tangible-Book : 0.66 (As of May. 22, 2024)

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What is Bangkok Commercial Property Fund Price-to-Tangible-Book?

As of today (2024-05-22), Bangkok Commercial Property Fund's share price is ฿9.20. Bangkok Commercial Property Fund's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ฿13.84. Hence, Bangkok Commercial Property Fund's Price to Tangible Book Ratio of today is 0.66.

The historical rank and industry rank for Bangkok Commercial Property Fund's Price-to-Tangible-Book or its related term are showing as below:

BKK:BKKCP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 0.82 Max: 0.96
Current: 0.66

During the past 13 years, Bangkok Commercial Property Fund's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.66. And the median was 0.82.

BKK:BKKCP's Price-to-Tangible-Book is ranked better than
71.51% of 839 companies
in the REITs industry
Industry Median: 0.83 vs BKK:BKKCP: 0.66

A closely related ratio is called PB Ratio. As of today, Bangkok Commercial Property Fund's share price is ฿9.20. Bangkok Commercial Property Fund's Book Value per Sharefor the quarter that ended in Mar. 2024 was ฿13.84. Hence, Bangkok Commercial Property Fund's P/B Ratio of today is 0.66.

Bangkok Commercial Property Fund Price-to-Tangible-Book Historical Data

The historical data trend for Bangkok Commercial Property Fund'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.

Bangkok Commercial Property Fund Price-to-Tangible-Book Chart

Bangkok Commercial Property Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.96

0.85

0.78

0.74

0.69

Bangkok Commercial Property Fund Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.75	0.75	0.72	0.69	0.65

Competitive Comparison of Bangkok Commercial Property Fund's Price-to-Tangible-Book

For the REIT - Office subindustry, Bangkok Commercial Property Fund'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.

Bangkok Commercial Property Fund's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bangkok Commercial Property Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Property Fund's Price-to-Tangible-Book falls into.

Bangkok Commercial Property Fund Price-to-Tangible-Book Calculation

Bangkok Commercial Property Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	9.20	/	13.839
	=	0.66

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Bangkok Commercial Property Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Bangkok Commercial Property Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Bangkok Commercial Property Fund (BKK:BKKCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bangkok Commercial Property Fund (BKK:BKKCP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Rama 1 Road, 989 Siam Piwat Tower, 24th Floor, Patumwan, Bangkok, THA, 10330

Website

https://www.one-asset.com

Bangkok Commercial Property Fund is a closed-end fund investing in property and property lease rights. The primary objective of the fund is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the fund's establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Bangkok Commercial Property Fund (BKK:BKKCP) Headlines

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