Quality Houses Hotel and Residence Freehold and Leasehold REIT (BKK:QHHRREIT) Price-to-Tangible-Book : 0.53 (As of Jun. 16, 2024)

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What is Quality Houses Hotel and Residence Freehold and Leasehold REIT Price-to-Tangible-Book?

As of today (2024-06-16), Quality Houses Hotel and Residence Freehold and Leasehold REIT's share price is ฿6.75. Quality Houses Hotel and Residence Freehold and Leasehold REIT's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ฿12.64. Hence, Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price to Tangible Book Ratio of today is 0.53.

The historical rank and industry rank for Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book or its related term are showing as below:

BKK:QHHRREIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 0.73 Max: 0.8
Current: 0.79

During the past 12 years, Quality Houses Hotel and Residence Freehold and Leasehold REIT's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.70. And the median was 0.73.

BKK:QHHRREIT's Price-to-Tangible-Book is ranked better than
52.56% of 841 companies
in the REITs industry
Industry Median: 0.81 vs BKK:QHHRREIT: 0.79

A closely related ratio is called PB Ratio. As of today, Quality Houses Hotel and Residence Freehold and Leasehold REIT's share price is ฿6.75. Quality Houses Hotel and Residence Freehold and Leasehold REIT's Book Value per Sharefor the quarter that ended in Mar. 2024 was ฿12.64. Hence, Quality Houses Hotel and Residence Freehold and Leasehold REIT's P/B Ratio of today is 0.53.

Quality Houses Hotel and Residence Freehold and Leasehold REIT Price-to-Tangible-Book Historical Data

The historical data trend for Quality Houses Hotel and Residence Freehold and Leasehold REIT'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.

Quality Houses Hotel and Residence Freehold and Leasehold REIT Price-to-Tangible-Book Chart

Quality Houses Hotel and Residence Freehold and Leasehold REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.67

0.43

0.40

0.45

0.49

Quality Houses Hotel and Residence Freehold and Leasehold REIT 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															0.50	0.54	0.49	0.49	0.52

Competitive Comparison of Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book

For the REIT - Hotel & Motel subindustry, Quality Houses Hotel and Residence Freehold and Leasehold REIT'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.

Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book falls into.

Quality Houses Hotel and Residence Freehold and Leasehold REIT Price-to-Tangible-Book Calculation

Quality Houses Hotel and Residence Freehold and Leasehold REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	6.75	/	12.642
	=	0.53

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.

Quality Houses Hotel and Residence Freehold and Leasehold REIT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Quality Houses Hotel and Residence Freehold and Leasehold REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Quality Houses Hotel and Residence Freehold and Leasehold REIT (BKK:QHHRREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Quality Houses Hotel and Residence Freehold and Leasehold REIT (BKK:QHHRREIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Sathon Road, 11 Q.House Sathon Building, 14th Floor, Thungmahamek Sathon, Bangkok, THA, 10120

Website

https://www.qhhr-pf.com

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund is a closed-end property fund. The fund assembles money from general investors with the objective of purchasing and/or taking on leasing and/or subleasing of immovable properties and/or accepting the transfer of leasehold rights of immovable properties and/or the transfer of sub-leasehold rights of immovable properties such as hotel and serviced apartment. All the revenue for the company is derived from renting immovable properties. Geographically, it operates in Thailand. The Fund has invested in freehold right on Centre Point Hotel and Residence Petchburi Project, Centre Point Hotel and Residence Sukhumvit Project and has invested in leasehold right on Centre Point Hotel and Residence Langsuan Project.

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