Citycon Oyj (LTS:0A0F) Price-to-Tangible-Book : 0.72 (As of Jun. 23, 2024)

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What is Citycon Oyj Price-to-Tangible-Book?

As of today (2024-06-23), Citycon Oyj's share price is €7.42. Citycon Oyj's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €10.32. Hence, Citycon Oyj's Price to Tangible Book Ratio of today is 0.72.

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

LTS:0A0F' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.82 Max: 1.13
Current: 0.38

During the past 13 years, Citycon Oyj's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.37. And the median was 0.82.

LTS:0A0F's Price-to-Tangible-Book is ranked better than
78.97% of 1717 companies
in the Real Estate industry
Industry Median: 0.8 vs LTS:0A0F: 0.38

A closely related ratio is called PB Ratio. As of today, Citycon Oyj's share price is €7.42. Citycon Oyj's Book Value per Sharefor the quarter that ended in Mar. 2024 was €11.07. Hence, Citycon Oyj's P/B Ratio of today is 0.67.

Citycon Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Citycon Oyj'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.

Citycon Oyj Price-to-Tangible-Book Chart

Citycon Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.77

0.71

0.53

0.57

0.68

Citycon Oyj 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															0.60	0.60	0.62	0.68	0.72

Competitive Comparison of Citycon Oyj's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Citycon Oyj'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.

Citycon Oyj's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Citycon Oyj Price-to-Tangible-Book Calculation

Citycon Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	7.42	/	10.324
	=	0.72

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.

Citycon Oyj Price-to-Tangible-Book Related Terms

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

Citycon Oyj (LTS:0A0F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citycon Oyj (LTS:0A0F) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CTY1S:Finland TY2B:Germany

Address

Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230

Website

https://www.citycon.com

Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Citycon's business operations are divided into 3 business units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.

Citycon Oyj (LTS:0A0F) Headlines

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