ESR Group (HKSE:01821) Price-to-Tangible-Book : 1.37 (As of May. 02, 2024)

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

As of today (2024-05-02), ESR Group's share price is HK$8.70. ESR Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$6.33. Hence, ESR Group's Price to Tangible Book Ratio of today is 1.37.

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

HKSE:01821' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36 Med: 2.66 Max: 3.5
Current: 1.37

During the past 8 years, ESR Group's highest Price to Tangible Book Ratio was 3.50. The lowest was 1.36. And the median was 2.66.

HKSE:01821's Price-to-Tangible-Book is ranked worse than
70.95% of 1718 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:01821: 1.37

A closely related ratio is called PB Ratio. As of today, ESR Group's share price is HK$8.70. ESR Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$15.35. Hence, ESR Group's P/B Ratio of today is 0.57.

ESR Group Price-to-Tangible-Book Historical Data

The historical data trend for ESR 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.

ESR Group Price-to-Tangible-Book Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.66

3.50

2.94

2.36

1.71

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								2.94	2.84	2.36	1.97	1.71

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

For the Real Estate Services subindustry, ESR 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.

ESR Group's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

ESR Group Price-to-Tangible-Book Calculation

ESR 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 )
	=	8.70	/	6.329
	=	1.37

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.

ESR Group Price-to-Tangible-Book Related Terms

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

ESR Group (HKSE:01821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESR Group Ltd (HKSE:01821) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ESRCF:USA

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

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