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Novus Properties (XMAU:NOV) Price-to-Tangible-Book : 0.50 (As of Jun. 05, 2024)


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What is Novus Properties Price-to-Tangible-Book?

As of today (2024-06-05), Novus Properties's share price is MUR6.00. Novus Properties's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was MUR11.91. Hence, Novus Properties's Price to Tangible Book Ratio of today is 0.50.

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

XMAU:NOV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 0.94   Max: 1.02
Current: 0.5

During the past 9 years, Novus Properties's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.50. And the median was 0.94.

XMAU:NOV's Price-to-Tangible-Book is ranked better than
71.15% of 1709 companies
in the Real Estate industry
Industry Median: 0.83 vs XMAU:NOV: 0.50

A closely related ratio is called PB Ratio. As of today, Novus Properties's share price is MUR6.00. Novus Properties's Book Value per Sharefor the quarter that ended in Mar. 2024 was MUR11.91. Hence, Novus Properties's P/B Ratio of today is 0.50.


Novus Properties Price-to-Tangible-Book Historical Data

The historical data trend for Novus Properties'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.

Novus Properties Price-to-Tangible-Book Chart

Novus Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.95 0.97 1.01 0.98 0.79

Novus Properties Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.90 0.89 0.79 0.63 0.54

Competitive Comparison of Novus Properties's Price-to-Tangible-Book

For the Real Estate Services subindustry, Novus Properties'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.


Novus Properties's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Novus Properties Price-to-Tangible-Book Calculation

Novus Properties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=6.00/11.906
=0.50

* 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.


Novus Properties Price-to-Tangible-Book Related Terms

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


Novus Properties (XMAU:NOV) Business Description

Traded in Other Exchanges
N/A
Address
Le Caudan Waterfront, 6th/7th Floor, Dias Pier Building, Port Louis, MUS, 11307
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income.

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