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Alexandria Real Estate Equities (Alexandria Real Estate Equities) Price-to-Tangible-Book : 1.10 (As of Apr. 29, 2024)


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What is Alexandria Real Estate Equities Price-to-Tangible-Book?

As of today (2024-04-29), Alexandria Real Estate Equities's share price is $118.20. Alexandria Real Estate Equities's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $107.05. Hence, Alexandria Real Estate Equities's Price to Tangible Book Ratio of today is 1.10.

The historical rank and industry rank for Alexandria Real Estate Equities's Price-to-Tangible-Book or its related term are showing as below:

ARE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 1.93   Max: 2.31
Current: 1.1

During the past 13 years, Alexandria Real Estate Equities's highest Price to Tangible Book Ratio was 2.31. The lowest was 0.92. And the median was 1.93.

ARE's Price-to-Tangible-Book is ranked worse than
73.78% of 839 companies
in the REITs industry
Industry Median: 0.83 vs ARE: 1.10

A closely related ratio is called PB Ratio. As of today, Alexandria Real Estate Equities's share price is $118.20. Alexandria Real Estate Equities's Book Value per Sharefor the quarter that ended in Mar. 2024 was $107.05. Hence, Alexandria Real Estate Equities's P/B Ratio of today is 1.10.


Alexandria Real Estate Equities Price-to-Tangible-Book Historical Data

The historical data trend for Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities Price-to-Tangible-Book Chart

Alexandria Real Estate Equities 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 2.20 2.08 2.18 1.31 1.18

Alexandria Real Estate Equities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.14 1.03 0.92 1.18 1.20

Competitive Comparison of Alexandria Real Estate Equities's Price-to-Tangible-Book

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.


Alexandria Real Estate Equities's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Alexandria Real Estate Equities's Price-to-Tangible-Book falls into.



Alexandria Real Estate Equities Price-to-Tangible-Book Calculation

Alexandria Real Estate Equities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=118.20/107.045
=1.10

* 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.


Alexandria Real Estate Equities Price-to-Tangible-Book Related Terms

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


Alexandria Real Estate Equities (Alexandria Real Estate Equities) Business Description

Traded in Other Exchanges
Address
26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Executives
James P Cain director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Kristina Fukuzaki-carlson officer: EVP - Business Operations C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Daniel J Ryan officer: EVP - San Diego C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Madeleine Thorp Alsbrook officer: EVP - Talent Management C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Joel S Marcus director, officer: Chief Executive Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
John H Cunningham officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Hunter Kass officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVE., PASADENA CA 91101
Orraparn C. Lee officer: EVP - Accounting C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Marc E Binda officer: EVP - Finance & Treasurer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Vincent Ciruzzi officer: Chief Development Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Dean A Shigenaga officer: Chief Financial Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Peter M Moglia officer: Chief Investment Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Maria C Freire director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Jackie B. Clem officer: General Counsel & Secretary C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Stephen Richardson officer: Chief Operating Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101