GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cromwell European REIT (SGX:CWBU) » Definitions » Price-to-Tangible-Book

Cromwell European REIT (SGX:CWBU) Price-to-Tangible-Book : 0.67 (As of May. 03, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Cromwell European REIT Price-to-Tangible-Book?

As of today (2024-05-03), Cromwell European REIT's share price is €1.49. Cromwell European REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.23. Hence, Cromwell European REIT's Price to Tangible Book Ratio of today is 0.67.

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

SGX:CWBU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 0.9   Max: 1.05
Current: 0.67

During the past 6 years, Cromwell European REIT's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.59. And the median was 0.90.

SGX:CWBU's Price-to-Tangible-Book is ranked better than
69.13% of 839 companies
in the REITs industry
Industry Median: 0.84 vs SGX:CWBU: 0.67

A closely related ratio is called PB Ratio. As of today, Cromwell European REIT's share price is €1.49. Cromwell European REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.23. Hence, Cromwell European REIT's P/B Ratio of today is 0.67.


Cromwell European REIT Price-to-Tangible-Book Historical Data

The historical data trend for Cromwell European 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.

Cromwell European REIT Price-to-Tangible-Book Chart

Cromwell European REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.05 0.93 0.96 0.59 0.64

Cromwell European REIT Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.96 0.74 0.59 0.65 0.64

Competitive Comparison of Cromwell European REIT's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Cromwell European 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.


Cromwell European REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Cromwell European REIT's Price-to-Tangible-Book falls into.



Cromwell European REIT Price-to-Tangible-Book Calculation

Cromwell European 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 )
=1.49/2.232
=0.67

* 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.


Cromwell European REIT Price-to-Tangible-Book Related Terms

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


Cromwell European REIT (SGX:CWBU) Business Description

Traded in Other Exchanges
Address
50 Collyer Quay, No. 07-02, OUE Bayfront, Singapore, SGP, 049321
Cromwell European REIT is a real estate investment trust with a diversified Pan-European Portfolio. The company invests in a diversified IPO portfolio with a balanced focus on the office and light industrial/logistics and other sectors across the Netherlands, Italy, Poland, France, Germany, Finland, and Denmark. The company earns the majority of its revenue from leases.

Cromwell European REIT (SGX:CWBU) Headlines

No Headlines