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Meridia Real Estate III Socimi (XMAD:YMRE) Price-to-Tangible-Book : 0.88 (As of Jun. 22, 2024)


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What is Meridia Real Estate III Socimi Price-to-Tangible-Book?

As of today (2024-06-22), Meridia Real Estate III Socimi's share price is €0.79. Meridia Real Estate III Socimi's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.90. Hence, Meridia Real Estate III Socimi's Price to Tangible Book Ratio of today is 0.88.

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

XMAD:YMRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 0.76   Max: 1.52
Current: 0.88

During the past 8 years, Meridia Real Estate III Socimi's highest Price to Tangible Book Ratio was 1.52. The lowest was 0.60. And the median was 0.76.

XMAD:YMRE's Price-to-Tangible-Book is not ranked
in the REITs industry.
Industry Median: 0.81 vs XMAD:YMRE: 0.88

A closely related ratio is called PB Ratio. As of today, Meridia Real Estate III Socimi's share price is €0.79. Meridia Real Estate III Socimi's Book Value per Sharefor the quarter that ended in Mar. 2024 was €0.90. Hence, Meridia Real Estate III Socimi's P/B Ratio of today is 0.88.


Meridia Real Estate III Socimi Price-to-Tangible-Book Historical Data

The historical data trend for Meridia Real Estate III Socimi'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.

Meridia Real Estate III Socimi Price-to-Tangible-Book Chart

Meridia Real Estate III Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 1.17 1.21 1.13 1.52

Meridia Real Estate III Socimi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.71 0.76 0.85 1.52 0.88

Competitive Comparison of Meridia Real Estate III Socimi's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Meridia Real Estate III Socimi'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.


Meridia Real Estate III Socimi's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Meridia Real Estate III Socimi's Price-to-Tangible-Book falls into.



Meridia Real Estate III Socimi Price-to-Tangible-Book Calculation

Meridia Real Estate III Socimi's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.79/0.9
=0.88

* 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.


Meridia Real Estate III Socimi Price-to-Tangible-Book Related Terms

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


Meridia Real Estate III Socimi (XMAD:YMRE) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Diagonal, 640, Barcelona, ESP, 08017
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.

Meridia Real Estate III Socimi (XMAD:YMRE) Headlines

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