GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SICO Saudi REIT Fund (SAU:4337) » Definitions » Tangible Book per Share

SICOudi REIT Fund (SAU:4337) Tangible Book per Share : ﷼4.47 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is SICOudi REIT Fund Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. SICOudi REIT Fund's tangible book value per share for the quarter that ended in Jun. 2024 was ﷼4.47.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


SICOudi REIT Fund Tangible Book per Share Historical Data

The historical data trend for SICOudi REIT Fund's Tangible Book per Share 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.

SICOudi REIT Fund Tangible Book per Share Chart

SICOudi REIT Fund Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
- - - 7.17 6.25

SICOudi REIT Fund Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.17 6.32 6.25 4.47

Competitive Comparison of SICOudi REIT Fund's Tangible Book per Share

For the REIT - Diversified subindustry, SICOudi REIT Fund'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.


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

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

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


;
;

SICOudi REIT Fund Tangible Book per Share Calculation

SICOudi REIT Fund's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(357.958-0-0)/57.240
=6.25

SICOudi REIT Fund's Tangible Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(255.85-0-0)/57.240
=4.47

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


SICOudi REIT Fund  (SAU:4337) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


SICOudi REIT Fund Tangible Book per Share Related Terms

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


SICOudi REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
7702 King Fahd Road, CMC Tower, 5th floor, Al Malqa District, Riyadh, SAU, 13524
SICO Saudi REIT Fund is a closed-ended Shariah-compliant real estate investment traded fund. The main objective of the Fund is to provide current income to investors by investing in real estate assets that have been developed with income generating and investment development by investing in real estate assets in Saudi Arabia (excluding Makkah and Madinah). The fund invests mainly in real estate in Saudi Arabia.

SICOudi REIT Fund Headlines

No Headlines