What is Simon Property Group Price-to-Tangible-Book?
As of today (2024-04-25), Simon Property Group's share price is $142.93. Simon Property Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.06. Hence, Simon Property Group's Price to Tangible Book Ratio of today is 15.78.
The historical rank and industry rank for Simon Property Group's Price-to-Tangible-Book or its related term are showing as below:
SPG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.52 Med: 15.02 Max: 19.14
Current: 15.78
During the past 13 years, Simon Property Group's highest Price to Tangible Book Ratio was 19.14. The lowest was 9.52. And the median was 15.02.
SPG's Price-to-Tangible-Book is ranked worse than 99.64% of 841
companies
in the REITs industry
Industry Median: 0.84
vs SPG: 15.78
A closely related ratio is called PB Ratio. As of today, Simon Property Group's share price is $142.93. Simon Property Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.15. Hence, Simon Property Group's P/B Ratio of today is 15.62.
Simon Property Group Price-to-Tangible-Book Historical Data
The historical data trend for Simon Property 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.
Competitive Comparison of Simon Property Group's Price-to-Tangible-Book
For the REIT - Retail subindustry, Simon Property 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.
Simon Property Group's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Simon Property Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Simon Property Group's Price-to-Tangible-Book falls into.
Simon Property Group Price-to-Tangible-Book Calculation
Simon Property Group's price-to-tangible-book ratio for today is calculated as:
* 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.
Simon Property Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Simon Property Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Simon Property Group (Simon Property Group) Business Description
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
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