Derwent London (LSE:DLN) Price-to-Tangible-Book : 0.65 (As of Apr. 29, 2024)

View and export this data going back to 1984. Start your Free Trial

What is Derwent London Price-to-Tangible-Book?

As of today (2024-04-29), Derwent London's share price is £20.42. Derwent London's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £31.25. Hence, Derwent London's Price to Tangible Book Ratio of today is 0.65.

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

LSE:DLN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.83 Max: 1.04
Current: 0.65

During the past 13 years, Derwent London's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.65. And the median was 0.83.

LSE:DLN's Price-to-Tangible-Book is ranked better than
71.04% of 839 companies
in the REITs industry
Industry Median: 0.83 vs LSE:DLN: 0.65

A closely related ratio is called PB Ratio. As of today, Derwent London's share price is £20.42. Derwent London's Book Value per Sharefor the quarter that ended in Dec. 2023 was £31.25. Hence, Derwent London's P/B Ratio of today is 0.65.

Derwent London Price-to-Tangible-Book Historical Data

The historical data trend for Derwent London'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.

Derwent London Price-to-Tangible-Book Chart

Derwent London Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.01

0.81

0.86

0.65

0.76

Derwent London 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	0.65	0.65	0.59	0.76

Competitive Comparison of Derwent London's Price-to-Tangible-Book

For the REIT - Office subindustry, Derwent London'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.

Derwent London's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Derwent London Price-to-Tangible-Book Calculation

Derwent London's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	20.42	/	31.247
	=	0.65

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.

Derwent London Price-to-Tangible-Book Related Terms

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

Derwent London (LSE:DLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Derwent London PLC (LSE:DLN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DWVYF:USA DLNl:UK DVK:Germany

Address

25 Savile Row, London, GBR, W1S 2ER

Website

https://www.derwentlondon.com

Derwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.