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SK REIT Co (XKRX:395400) Tangible Book per Share : ₩4,466.69 (As of Jun. 2024)


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What is SK REIT Co 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. SK REIT Co's tangible book value per share for the quarter that ended in Jun. 2024 was ₩4,466.69.

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.


SK REIT Co Tangible Book per Share Historical Data

The historical data trend for SK REIT Co'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.

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SK REIT Co Tangible Book per Share Chart

SK REIT Co Annual Data
Trend Jun21 Mar22 Mar23 Mar24
Tangible Book per Share
6.17 4,781.09 4,794.33 4,517.20

SK REIT Co Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
Tangible Book per Share 6.17 4,767.01 4,746.97 4,466.69

Competitive Comparison of SK REIT Co's Tangible Book per Share

For the REIT - Office subindustry, SK REIT Co'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.


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

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

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


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SK REIT Co Tangible Book per Share Calculation

SK REIT Co's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1220244.593-0-0)/270.133
=4,517.20

SK REIT Co'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)
=(1206599.214-0-0)/270.133
=4,466.69

* 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.


SK REIT Co  (XKRX:395400) 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.


SK REIT Co Tangible Book per Share Related Terms

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SK REIT Co Business Description

Traded in Other Exchanges
N/A
Address
136 Sejong-daero, 15th Floor, Taepyeong-ro 1-ga, Finance Building, Jung-gu, Seoul, KOR
SK REIT Co Ltd operates as a Real Estate Investment Trust. Its assets investment comprises of SK Seorin Building which is an integrated office building and SK gas station assets comprising its land and building.

SK REIT Co Headlines

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