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Apartmentome REIT (Apartmentome REIT) Price-to-Tangible-Book : 2.40 (As of Apr. 28, 2024)


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What is Apartmentome REIT Price-to-Tangible-Book?

As of today (2024-04-28), Apartmentome REIT's share price is $38.41. Apartmentome REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.99. Hence, Apartmentome REIT's Price to Tangible Book Ratio of today is 2.40.

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

AIRC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.17   Med: 4.09   Max: 5.07
Current: 2.4

During the past 13 years, Apartmentome REIT's highest Price to Tangible Book Ratio was 5.07. The lowest was 2.17. And the median was 4.09.

AIRC's Price-to-Tangible-Book is ranked worse than
94.77% of 841 companies
in the REITs industry
Industry Median: 0.83 vs AIRC: 2.40

A closely related ratio is called PB Ratio. As of today, Apartmentome REIT's share price is $38.41. Apartmentome REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.21. Hence, Apartmentome REIT's P/B Ratio of today is 2.37.


Apartmentome REIT Price-to-Tangible-Book Historical Data

The historical data trend for Apartmentome REIT'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.

Apartmentome REIT Price-to-Tangible-Book Chart

Apartmentome REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 4.49 4.83 2.41 2.17

Apartmentome REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.41 2.64 2.74 1.82 2.17

Competitive Comparison of Apartmentome REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, Apartmentome REIT'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.


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

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

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



Apartmentome REIT Price-to-Tangible-Book Calculation

Apartmentome REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=38.41/15.992
=2.40

* 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.


Apartmentome REIT Price-to-Tangible-Book Related Terms

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


Apartmentome REIT (Apartmentome REIT) Business Description

Traded in Other Exchanges
Address
4582 South Ulster Street, Suite 1700, Denver, CO, USA, 80237
Apartment Investment and Management Co. owns a portfolio of 73 apartment communities with over 25,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.
Executives
Molly Syke officer: VP & Chief Accounting Officer 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Devin Ignatius Murphy director 104 MAIN STREET, SOUTHPORT CT 06890
John D Rayis director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Keith M Kimmel officer: President, Property Operations 4582 S ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Joshua Minix officer: Executive Vice President 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Matthew O'grady officer: SVP 4582 SOUTH ULSTER STREET, SUITE 1700, SUITE 1700, DENVER CO 80237
Paul Beldin officer: EVP & CFO 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Thomas N Bohjalian director C/O APARTMENT INCOME REIT CORP., 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Ann Sperling director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Thomas L. Keltner director P.O. BOX 2030, SILVERTHORNE CO 80498
Nina A Tran director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Lisa R Cohn officer: President & General Counsel 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Terry Considine director, officer: CEO 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Kristin R. Finney-cooke director 4582 SOUTH ULSTER STREET, SUITE 1700, DENVER CO 80237