Equity Commonwealth (Equity Commonwealth) Price-to-Tangible-Book : (As of May. 04, 2024)

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What is Equity Commonwealth Price-to-Tangible-Book?

As of today (2024-05-04), Equity Commonwealth's share price is $24.85. Equity Commonwealth's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.00. Hence, Equity Commonwealth's Price to Tangible Book Ratio of today is .

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

EQCpD.PFD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 1.2 Max: 1.28
Current: 0.88

During the past 13 years, Equity Commonwealth's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.88. And the median was 1.20.

EQCpD.PFD's Price-to-Tangible-Book is ranked worse than
53.64% of 839 companies
in the REITs industry
Industry Median: 0.84 vs EQCpD.PFD: 0.88

A closely related ratio is called PB Ratio. As of today, Equity Commonwealth's share price is $24.85. Equity Commonwealth's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.00. Hence, Equity Commonwealth's P/B Ratio of today is .

Equity Commonwealth Price-to-Tangible-Book Historical Data

The historical data trend for Equity Commonwealth'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.

Equity Commonwealth Price-to-Tangible-Book Chart

Equity Commonwealth Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Equity Commonwealth 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															-	-	-	-	-

Competitive Comparison of Equity Commonwealth's Price-to-Tangible-Book

For the REIT - Office subindustry, Equity Commonwealth'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.

Equity Commonwealth's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Equity Commonwealth Price-to-Tangible-Book Calculation

Equity Commonwealth's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	24.85	/
	=

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.

Equity Commonwealth Price-to-Tangible-Book Related Terms

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

Equity Commonwealth (Equity Commonwealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Commonwealth (NYSE:EQCpD.PFD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

EQC:USA

Address

Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606

Website

https://www.eqcre.com

Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.