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Delta Property Fund (JSE:DLT) Price-to-Tangible-Book : 0.07 (As of Jun. 20, 2024)


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What is Delta Property Fund Price-to-Tangible-Book?

As of today (2024-06-20), Delta Property Fund's share price is R0.26. Delta Property Fund's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was R3.53. Hence, Delta Property Fund's Price to Tangible Book Ratio of today is 0.07.

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

JSE:DLT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.04   Med: 0.24   Max: 0.88
Current: 0.07

During the past 12 years, Delta Property Fund's highest Price to Tangible Book Ratio was 0.88. The lowest was 0.04. And the median was 0.24.

JSE:DLT's Price-to-Tangible-Book is ranked better than
99.29% of 844 companies
in the REITs industry
Industry Median: 0.81 vs JSE:DLT: 0.07

A closely related ratio is called PB Ratio. As of today, Delta Property Fund's share price is R0.26. Delta Property Fund's Book Value per Sharefor the quarter that ended in Feb. 2024 was R3.53. Hence, Delta Property Fund's P/B Ratio of today is 0.07.


Delta Property Fund Price-to-Tangible-Book Historical Data

The historical data trend for Delta Property Fund'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.

Delta Property Fund Price-to-Tangible-Book Chart

Delta Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.13 0.07 0.04

Delta Property Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.13 0.10 0.07 0.03 0.04

Competitive Comparison of Delta Property Fund's Price-to-Tangible-Book

For the REIT - Office subindustry, Delta Property Fund'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.


Delta Property Fund's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Delta Property Fund Price-to-Tangible-Book Calculation

Delta Property Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.26/3.53
=0.07

* 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.


Delta Property Fund Price-to-Tangible-Book Related Terms

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


Delta Property Fund (JSE:DLT) Business Description

Traded in Other Exchanges
N/A
Address
10 Muswell Road South, Postnet Suite 210, Private Bag X21, Silver Stream Office Park, Bryanston, Sandton, GT, ZAF, 2021
Delta Property Fund Ltd engages in long-term investment in rental-generating properties. The company operates through the following segments: head office; industrial; office sovereign; office other and retail. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets; single tenanted by the national government, provincial government, state-owned enterprises, and large blue chip corporates under long leases.

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