Fukuoka REIT (TSE:8968) Price-to-Tangible-Book : 1.41 (As of May. 04, 2024)

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What is Fukuoka REIT Price-to-Tangible-Book?

As of today (2024-05-04), Fukuoka REIT's share price is 円170500.00. Fukuoka REIT's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was 円121,077.94. Hence, Fukuoka REIT's Price to Tangible Book Ratio of today is 1.41.

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

TSE:8968' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13 Med: 1.41 Max: 1.72
Current: 1.41

During the past 13 years, Fukuoka REIT's highest Price to Tangible Book Ratio was 1.72. The lowest was 1.13. And the median was 1.41.

TSE:8968's Price-to-Tangible-Book is ranked worse than
84.03% of 839 companies
in the REITs industry
Industry Median: 0.84 vs TSE:8968: 1.41

A closely related ratio is called PB Ratio. As of today, Fukuoka REIT's share price is 円170500.00. Fukuoka REIT's Book Value per Sharefor the quarter that ended in Aug. 2023 was 円128,048.31. Hence, Fukuoka REIT's P/B Ratio of today is 1.33.

Fukuoka REIT Price-to-Tangible-Book Historical Data

The historical data trend for Fukuoka 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.

Fukuoka REIT Price-to-Tangible-Book Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.47

1.13

1.45

1.41

1.34

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.30	1.41	1.36	1.34	-

Competitive Comparison of Fukuoka REIT's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Fukuoka 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.

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

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

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

Fukuoka REIT Price-to-Tangible-Book Calculation

Fukuoka REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	170500.00	/	121077.943
	=	1.41

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.

Fukuoka REIT Price-to-Tangible-Book Related Terms

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

Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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