GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Camden Property Trust (FRA:CAL) » Definitions » Price-to-Tangible-Book

Camden Property Trust (FRA:CAL) Price-to-Tangible-Book : 2.85 (As of Dec. 12, 2024)


View and export this data going back to . Start your Free Trial

What is Camden Property Trust Price-to-Tangible-Book?

As of today (2024-12-12), Camden Property Trust's share price is €114.00. Camden Property Trust's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €40.05. Hence, Camden Property Trust's Price to Tangible Book Ratio of today is 2.85.

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

FRA:CAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.08   Med: 2.58   Max: 4.4
Current: 2.71

During the past 13 years, Camden Property Trust's highest Price to Tangible Book Ratio was 4.40. The lowest was 2.08. And the median was 2.58.

FRA:CAL's Price-to-Tangible-Book is ranked worse than
94.91% of 904 companies
in the REITs industry
Industry Median: 0.8 vs FRA:CAL: 2.71

A closely related ratio is called PB Ratio. As of today, Camden Property Trust's share price is €114.00. Camden Property Trust's Book Value per Sharefor the quarter that ended in Sep. 2024 was €40.05. Hence, Camden Property Trust's P/B Ratio of today is 2.85.


Camden Property Trust Price-to-Tangible-Book Historical Data

The historical data trend for Camden Property Trust'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.

Camden Property Trust Price-to-Tangible-Book Chart

Camden Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.73 4.34 2.38 2.12

Camden Property Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 2.12 2.18 2.43 2.75

Competitive Comparison of Camden Property Trust's Price-to-Tangible-Book

For the REIT - Residential subindustry, Camden Property Trust'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.


Camden Property Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Camden Property Trust's Price-to-Tangible-Book falls into.



Camden Property Trust Price-to-Tangible-Book Calculation

Camden Property Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=114.00/40.054
=2.85

* 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.


Camden Property Trust Price-to-Tangible-Book Related Terms

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


Camden Property Trust Business Description

Traded in Other Exchanges
Address
11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.