What is Plymouth Industrial REIT Book Value per Share?
Plymouth Industrial REIT's book value per share for the quarter that ended in Mar. 2024 was $10.68.
During the past 12 months, Plymouth Industrial REIT's average Book Value Per Share Growth Rate was 2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Plymouth Industrial REIT was 94.10% per year. The lowest was 10.80% per year. And the median was 30.30% per year.
During the past 13 years, the highest P/B Ratio of Plymouth Industrial REIT was 17.26. The lowest was 1.34. And the median was 2.17.
Good Sign:
Plymouth Industrial REIT Inc stock PB Ratio (=1.91) is close to 1-year low of 1.77
Plymouth Industrial REIT Book Value per Share Historical Data
The historical data trend for Plymouth Industrial REIT's Book Value 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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Plymouth Industrial REIT Book Value per Share Chart
Competitive Comparison of Plymouth Industrial REIT's Book Value per Share
For the REIT - Industrial subindustry, Plymouth Industrial REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Plymouth Industrial REIT's PB Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Plymouth Industrial REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Plymouth Industrial REIT's PB Ratio falls into.
Plymouth Industrial REIT Book Value per Share Calculation
Plymouth Industrial REIT's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Plymouth Industrial REIT (NYSE:PLYM) Book Value 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.
Plymouth Industrial REIT Book Value per Share Related Terms
Thank you for viewing the detailed overview of Plymouth Industrial REIT's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
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