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Redefine Properties (JSE:RDF) Price-to-Tangible-Book : 0.52 (As of Jun. 23, 2024)


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What is Redefine Properties Price-to-Tangible-Book?

As of today (2024-06-23), Redefine Properties's share price is R4.02. Redefine Properties's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was R7.78. Hence, Redefine Properties's Price to Tangible Book Ratio of today is 0.52.

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

JSE:RDF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 0.95   Max: 1.47
Current: 0.52

During the past 13 years, Redefine Properties's highest Price to Tangible Book Ratio was 1.47. The lowest was 0.35. And the median was 0.95.

JSE:RDF's Price-to-Tangible-Book is ranked better than
81.54% of 845 companies
in the REITs industry
Industry Median: 0.81 vs JSE:RDF: 0.52

A closely related ratio is called PB Ratio. As of today, Redefine Properties's share price is R4.02. Redefine Properties's Book Value per Sharefor the quarter that ended in Feb. 2024 was R7.78. Hence, Redefine Properties's P/B Ratio of today is 0.52.


Redefine Properties Price-to-Tangible-Book Historical Data

The historical data trend for Redefine Properties'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.

Redefine Properties Price-to-Tangible-Book Chart

Redefine Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.35 0.64 0.53 0.47

Redefine Properties 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 0.76 0.53 0.51 0.47 0.51

Competitive Comparison of Redefine Properties's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Redefine Properties Price-to-Tangible-Book Calculation

Redefine Properties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=4.02/7.779
=0.52

* 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.


Redefine Properties Price-to-Tangible-Book Related Terms

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


Redefine Properties (JSE:RDF) Business Description

Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties (JSE:RDF) Headlines

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