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City Office REIT (City Office REIT) Price-to-Tangible-Book : 0.61 (As of May. 04, 2024)


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What is City Office REIT Price-to-Tangible-Book?

As of today (2024-05-04), City Office REIT's share price is $17.89. City Office REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $29.13. Hence, City Office REIT's Price to Tangible Book Ratio of today is 0.61.

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

CIOpA.PFD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 1.97   Max: 6.13
Current: 1.71

During the past 13 years, City Office REIT's highest Price to Tangible Book Ratio was 6.13. The lowest was 0.31. And the median was 1.97.

CIOpA.PFD's Price-to-Tangible-Book is ranked better than
93.8% of 839 companies
in the REITs industry
Industry Median: 0.84 vs CIOpA.PFD: 1.71

A closely related ratio is called PB Ratio. As of today, City Office REIT's share price is $17.89. City Office REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $31.13. Hence, City Office REIT's P/B Ratio of today is 0.57.


City Office REIT Price-to-Tangible-Book Historical Data

The historical data trend for City Office 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.

City Office REIT Price-to-Tangible-Book Chart

City Office REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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City Office REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of City Office REIT's Price-to-Tangible-Book

For the REIT - Office subindustry, City Office 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.


City Office REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



City Office REIT Price-to-Tangible-Book Calculation

City Office 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 )
=17.89/29.128
=0.61

* 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.


City Office REIT Price-to-Tangible-Book Related Terms

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


City Office REIT (City Office REIT) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.