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Plaza Retail REIT (TSX:PLZ.UN) Book Value per Share : C$4.97 (As of Mar. 2024)


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What is Plaza Retail REIT Book Value per Share?

Plaza Retail REIT's book value per share for the quarter that ended in Mar. 2024 was C$4.97.

During the past 12 months, Plaza Retail REIT's average Book Value Per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% 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 Plaza Retail REIT was 86.20% per year. The lowest was -3.70% per year. And the median was 3.75% per year.

Plaza Retail REIT's current price is C$3.62. Its book value per share for the quarter that ended in Mar. 2024 was C$4.97. Hence, today's PB Ratio of Plaza Retail REIT is 0.73.

During the past 13 years, the highest P/B Ratio of Plaza Retail REIT was 1.25. The lowest was 0.60. And the median was 0.96.

Good Sign:

Plaza Retail REIT stock PB Ratio (=0.73) is close to 3-year low of 0.69


Plaza Retail REIT Book Value per Share Historical Data

The historical data trend for Plaza Retail 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.

* Premium members only.

Plaza Retail REIT Book Value per Share Chart

Plaza Retail REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.57 4.15 4.85 5.10 4.95

Plaza Retail REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 5.05 5.10 5.06 4.95 4.97

Competitive Comparison of Plaza Retail REIT's Book Value per Share

For the REIT - Retail subindustry, Plaza Retail 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.


Plaza Retail REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Plaza Retail REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Plaza Retail REIT's PB Ratio falls into.



Plaza Retail REIT Book Value per Share Calculation

Plaza Retail REIT's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(546.5-0.0)/110.4
=4.95

Plaza Retail REIT's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(548.1-0.0)/110.4
=4.97

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Plaza Retail REIT  (TSX:PLZ.UN) 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.


Plaza Retail REIT Book Value per Share Related Terms

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Plaza Retail REIT (TSX:PLZ.UN) Business Description

Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT (TSX:PLZ.UN) Headlines

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