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CT Real Estate Investment Trust (TSX:CRT.UN) Price-to-Tangible-Book : 1.85 (As of Jan. 18, 2025)


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

As of today (2025-01-18), CT Real Estate Investment Trust's share price is C$13.95. CT Real Estate Investment Trust's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was C$7.55. Hence, CT Real Estate Investment Trust's Price to Tangible Book Ratio of today is 1.85.

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

TSX:CRT.UN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.77   Med: 2.37   Max: 2.95
Current: 1.85

During the past 11 years, CT Real Estate Investment Trust's highest Price to Tangible Book Ratio was 2.95. The lowest was 1.77. And the median was 2.37.

TSX:CRT.UN's Price-to-Tangible-Book is ranked worse than
90.02% of 902 companies
in the REITs industry
Industry Median: 0.79 vs TSX:CRT.UN: 1.85

A closely related ratio is called PB Ratio. As of today, CT Real Estate Investment Trust's share price is C$13.95. CT Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Sep. 2024 was C$7.55. Hence, CT Real Estate Investment Trust's P/B Ratio of today is 1.85.


CT Real Estate Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for CT 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.

CT Real Estate Investment Trust Price-to-Tangible-Book Chart

CT 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 Premium Member Only Premium Member Only 2.51 2.44 2.49 2.15 2.02

CT Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 2.02 1.94 1.77 2.10

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

For the REIT - Retail subindustry, CT 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.


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

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

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



CT Real Estate Investment Trust Price-to-Tangible-Book Calculation

CT 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: Sep. 2024 )
=13.95/7.55
=1.85

* 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.


CT Real Estate Investment Trust Price-to-Tangible-Book Related Terms

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


CT Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The important portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

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