Scentre Group (ASX:SCG) Price-to-Tangible-Book : 0.92 (As of Apr. 30, 2024)

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What is Scentre Group Price-to-Tangible-Book?

As of today (2024-04-30), Scentre Group's share price is A$3.18. Scentre Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$3.44. Hence, Scentre Group's Price to Tangible Book Ratio of today is 0.92.

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

ASX:SCG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 0.88 Max: 1.26
Current: 0.92

During the past 13 years, Scentre Group's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.77. And the median was 0.88.

ASX:SCG's Price-to-Tangible-Book is ranked worse than
58.05% of 839 companies
in the REITs industry
Industry Median: 0.84 vs ASX:SCG: 0.92

A closely related ratio is called PB Ratio. As of today, Scentre Group's share price is A$3.18. Scentre Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$3.44. Hence, Scentre Group's P/B Ratio of today is 0.92.

Scentre Group Price-to-Tangible-Book Historical Data

The historical data trend for Scentre Group'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.

Scentre Group Price-to-Tangible-Book Chart

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.86

0.77

0.86

0.81

0.87

Scentre Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.86	0.70	0.81	0.75	0.87

Competitive Comparison of Scentre Group's Price-to-Tangible-Book

For the REIT - Retail subindustry, Scentre Group'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.

Scentre Group's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Scentre Group Price-to-Tangible-Book Calculation

Scentre Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.18	/	3.441
	=	0.92

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Scentre Group Price-to-Tangible-Book Related Terms

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

Scentre Group (ASX:SCG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.