Triple Point Social Housing REIT (LSE:SOHO) Price-to-Tangible-Book : 0.50 (As of Jun. 23, 2024)

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What is Triple Point Social Housing REIT Price-to-Tangible-Book?

As of today (2024-06-23), Triple Point Social Housing REIT's share price is £0.57. Triple Point Social Housing REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £1.14. Hence, Triple Point Social Housing REIT's Price to Tangible Book Ratio of today is 0.50.

The historical rank and industry rank for Triple Point Social Housing REIT's Price-to-Tangible-Book or its related term are showing as below:

LSE:SOHO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 0.89 Max: 1.05
Current: 0.5

During the past 7 years, Triple Point Social Housing REIT's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.50. And the median was 0.89.

LSE:SOHO's Price-to-Tangible-Book is ranked better than
83.08% of 845 companies
in the REITs industry
Industry Median: 0.81 vs LSE:SOHO: 0.50

A closely related ratio is called PB Ratio. As of today, Triple Point Social Housing REIT's share price is £0.57. Triple Point Social Housing REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.14. Hence, Triple Point Social Housing REIT's P/B Ratio of today is 0.50.

Triple Point Social Housing REIT Price-to-Tangible-Book Historical Data

The historical data trend for Triple Point Social Housing 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.

Triple Point Social Housing REIT Price-to-Tangible-Book Chart

Triple Point Social Housing REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.85

1.05

0.89

0.56

Triple Point Social Housing REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.89	0.80	0.56	0.44	0.56

Competitive Comparison of Triple Point Social Housing REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, Triple Point Social Housing 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.

Triple Point Social Housing REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Triple Point Social Housing REIT's Price-to-Tangible-Book falls into.

Triple Point Social Housing REIT Price-to-Tangible-Book Calculation

Triple Point Social Housing 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 )
	=	0.57	/	1.138
	=	0.50

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.

Triple Point Social Housing REIT Price-to-Tangible-Book Related Terms

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

Triple Point Social Housing REIT (LSE:SOHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Triple Point Social Housing REIT PLC (LSE:SOHO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SOHOl:UK

Address

1 King William Street, London, GBR, EC4N 7AF

Website

https://www.triplepointreit.com

Triple Point Social Housing REIT PLC is an investment company, which invests in UK social housing assets, in particular homes in the Supported Housing sector which have been adapted to provide care and support to vulnerable tenants. It has invested in a diverse range of investment sectors, including property, central and local government, NHS Hospital Trusts and infrastructure including lease and asset finance, and small and medium-sized businesses.