Vastned Retail NV (LTS:0LNJ) Price-to-Tangible-Book : 0.66 (As of Jun. 07, 2024)

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What is Vastned Retail NV Price-to-Tangible-Book?

As of today (2024-06-07), Vastned Retail NV's share price is €25.45. Vastned Retail NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €38.73. Hence, Vastned Retail NV's Price to Tangible Book Ratio of today is 0.66.

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

LTS:0LNJ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 0.63 Max: 0.99
Current: 0.66

During the past 13 years, Vastned Retail NV's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.51. And the median was 0.63.

LTS:0LNJ's Price-to-Tangible-Book is ranked better than
69.4% of 840 companies
in the REITs industry
Industry Median: 0.81 vs LTS:0LNJ: 0.66

A closely related ratio is called PB Ratio. As of today, Vastned Retail NV's share price is €25.45. Vastned Retail NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was €38.75. Hence, Vastned Retail NV's P/B Ratio of today is 0.66.

Vastned Retail NV Price-to-Tangible-Book Historical Data

The historical data trend for Vastned Retail NV'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.

Vastned Retail NV Price-to-Tangible-Book Chart

Vastned Retail NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.58

0.54

0.57

0.51

0.52

Vastned Retail NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.57	0.50	0.51	0.49	0.52

Competitive Comparison of Vastned Retail NV's Price-to-Tangible-Book

For the REIT - Retail subindustry, Vastned Retail NV'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.

Vastned Retail NV's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Vastned Retail NV's Price-to-Tangible-Book falls into.

Vastned Retail NV Price-to-Tangible-Book Calculation

Vastned Retail NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	25.45	/	38.734
	=	0.66

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.

Vastned Retail NV Price-to-Tangible-Book Related Terms

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

Vastned Retail NV (LTS:0LNJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vastned Retail NV (LTS:0LNJ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VASTN:Netherlands VB2:Germany

Address

Mercuriusplein 11, Hoofddorp, NH, NLD, 2132 HA

Website

https://www.vastned.com

Vastned Retail NV is a real estate company that focuses on retail properties, in shopping streets in old European towns. The company generates the majority of revenue from leasing properties to tenants, which include fashion and accessory chain stores, dining venues, and general retailers. The company operates through segments based on geography: Netherlands, France, Belgium, Spain. Vastned Retail generates the majority of its rental revenue from the Netherlands, France, and Belgium segments.

Vastned Retail NV (LTS:0LNJ) Headlines

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