Parkway Life Real Estate Investment Trust (SGX:C2PU) Price-to-Tangible-Book : 1.51 (As of Apr. 30, 2024)

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What is Parkway Life Real Estate Investment Trust Price-to-Tangible-Book?

As of today (2024-04-30), Parkway Life Real Estate Investment Trust's share price is S$3.54. Parkway Life Real Estate Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$2.34. Hence, Parkway Life Real Estate Investment Trust's Price to Tangible Book Ratio of today is 1.51.

The historical rank and industry rank for Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

SGX:C2PU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 1.59 Max: 2.16
Current: 1.51

During the past 13 years, Parkway Life Real Estate Investment Trust's highest Price to Tangible Book Ratio was 2.16. The lowest was 1.38. And the median was 1.59.

SGX:C2PU's Price-to-Tangible-Book is ranked worse than
86.65% of 839 companies
in the REITs industry
Industry Median: 0.83 vs SGX:C2PU: 1.51

A closely related ratio is called PB Ratio. As of today, Parkway Life Real Estate Investment Trust's share price is S$3.54. Parkway Life Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$2.34. Hence, Parkway Life Real Estate Investment Trust's P/B Ratio of today is 1.51.

Parkway Life Real Estate Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Parkway Life Real Estate Investment Trust'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.

Parkway Life Real Estate Investment Trust Price-to-Tangible-Book Chart

Parkway Life Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.70

1.98

2.16

1.61

1.57

Parkway Life Real Estate Investment Trust Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.16	2.02	1.61	1.68	1.57

Competitive Comparison of Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book

For the REIT - Healthcare Facilities subindustry, Parkway Life Real Estate Investment Trust'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.

Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book falls into.

Parkway Life Real Estate Investment Trust Price-to-Tangible-Book Calculation

Parkway Life Real Estate Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.54	/	2.338
	=	1.51

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.

Parkway Life Real Estate Investment Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Parkway Life Real Estate Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Parkway Life Real Estate Investment Trust (SGX:C2PU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Life Real Estate Investment Trust (SGX:C2PU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PRKWF:USA 3P51:Germany

Address

80 Robinson Road, Number 02-00, Singapore, SGP, 068898

Website

https://plifereit.com

Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Majority of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Majority of the company's revenuen is generated from Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.

Parkway Life Real Estate Investment Trust (SGX:C2PU) Headlines

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