Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Price-to-Tangible-Book : 0.76 (As of May. 07, 2024)

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What is Charter Hall Long WALE REIT Price-to-Tangible-Book?

As of today (2024-05-07), Charter Hall Long WALE REIT's share price is $2.63. Charter Hall Long WALE REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.44. Hence, Charter Hall Long WALE REIT's Price to Tangible Book Ratio of today is 0.76.

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

CHLWF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 0.99 Max: 1.22
Current: 0.66

During the past 7 years, Charter Hall Long WALE REIT's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.66. And the median was 0.99.

CHLWF's Price-to-Tangible-Book is ranked better than
70.61% of 837 companies
in the REITs industry
Industry Median: 0.84 vs CHLWF: 0.66

A closely related ratio is called PB Ratio. As of today, Charter Hall Long WALE REIT's share price is $2.63. Charter Hall Long WALE REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.44. Hence, Charter Hall Long WALE REIT's P/B Ratio of today is 0.76.

Charter Hall Long WALE REIT Price-to-Tangible-Book Historical Data

The historical data trend for Charter Hall Long WALE 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.

Charter Hall Long WALE REIT Price-to-Tangible-Book Chart

Charter Hall Long WALE REIT Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.94

0.86

0.99

Charter Hall Long WALE REIT Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										0.89	0.86	0.89	0.99	0.76

Competitive Comparison of Charter Hall Long WALE REIT's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Charter Hall Long WALE 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.

Charter Hall Long WALE REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Charter Hall Long WALE REIT's Price-to-Tangible-Book falls into.

Charter Hall Long WALE REIT Price-to-Tangible-Book Calculation

Charter Hall Long WALE 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 )
	=	2.63	/	3.443
	=	0.76

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.

Charter Hall Long WALE REIT Price-to-Tangible-Book Related Terms

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

Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Long WALE REIT (OTCPK:CHLWF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CLW:Australia

Address

No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000

Website

https://www.charterhall.com.au

Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.

Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Headlines

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Half Year 2024 Charter Hall Long WALE REIT Earnings Call Transcript

By GuruFocus Research • 02-10-2024