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The PRS REIT (CHIX:PRSRL) Price-to-Tangible-Book : 0.63 (As of Jun. 03, 2024)


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What is The PRS REIT Price-to-Tangible-Book?

As of today (2024-06-03), The PRS REIT's share price is £0.776. The PRS REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £1.24. Hence, The PRS REIT's Price to Tangible Book Ratio of today is 0.63.

The historical rank and industry rank for The PRS REIT's Price-to-Tangible-Book or its related term are showing as below:

CHIX:PRSRl' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 0.94   Max: 1.06
Current: 0.62

During the past 6 years, The PRS REIT's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.62. And the median was 0.94.

CHIX:PRSRl's Price-to-Tangible-Book is ranked better than
74.52% of 840 companies
in the REITs industry
Industry Median: 0.82 vs CHIX:PRSRl: 0.62

A closely related ratio is called PB Ratio. As of today, The PRS REIT's share price is £0.776. The PRS REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.24. Hence, The PRS REIT's P/B Ratio of today is 0.63.


The PRS REIT Price-to-Tangible-Book Historical Data

The historical data trend for The PRS 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.

The PRS REIT Price-to-Tangible-Book Chart

The PRS REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 1.03 0.91 0.67

The PRS REIT Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.91 0.76 0.67 0.70

Competitive Comparison of The PRS REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, The PRS 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.


The PRS REIT's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, The PRS REIT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The PRS REIT's Price-to-Tangible-Book falls into.



The PRS REIT Price-to-Tangible-Book Calculation

The PRS REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.776/1.236
=0.63

* 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.


The PRS REIT Price-to-Tangible-Book Related Terms

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


The PRS REIT (CHIX:PRSRL) Business Description

Traded in Other Exchanges
Address
1 St. Ann Street, Floor 3, Manchester, GBR, M2 7LR
The PRS REIT PLC operates as a real estate investment trust to focus on the Private Rented Sector. The company aims to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly constructed private rented properties comprising mainly family homes. The company has only one operating segment named property, and the company only operates within the UK.

The PRS REIT (CHIX:PRSRL) Headlines

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