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Waypoint REIT (ASX:WPR) PB Ratio : 0.87 (As of May. 06, 2024)


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What is Waypoint REIT PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-06), Waypoint REIT's share price is A$2.36. Waypoint REIT's Book Value per Share for the quarter that ended in Dec. 2023 was A$2.73. Hence, Waypoint REIT's PB Ratio of today is 0.87.

The historical rank and industry rank for Waypoint REIT's PB Ratio or its related term are showing as below:

ASX:WPR' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1   Max: 1.36
Current: 0.87

During the past 7 years, Waypoint REIT's highest PB Ratio was 1.36. The lowest was 0.70. And the median was 1.00.

ASX:WPR's PB Ratio is ranked worse than
53.07% of 848 companies
in the REITs industry
Industry Median: 0.84 vs ASX:WPR: 0.87

During the past 12 months, Waypoint REIT's average Book Value Per Share Growth Rate was -9.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Waypoint REIT was 8.00% per year. The lowest was 0.90% per year. And the median was 5.85% per year.

Back to Basics: PB Ratio


Waypoint REIT PB Ratio Historical Data

The historical data trend for Waypoint REIT's PB Ratio 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.

Waypoint REIT PB Ratio Chart

Waypoint REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.16 1.10 0.96 0.91 0.89

Waypoint REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 193.33 0.91 199.23 0.89

Competitive Comparison of Waypoint REIT's PB Ratio

For the REIT - Specialty subindustry, Waypoint REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Waypoint REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Waypoint REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Waypoint REIT's PB Ratio falls into.



Waypoint REIT PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Waypoint REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.36/2.728
=0.87

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Waypoint REIT  (ASX:WPR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Waypoint REIT PB Ratio Related Terms

Thank you for viewing the detailed overview of Waypoint REIT's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Waypoint REIT (ASX:WPR) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 15, Docklands, VIC, AUS, 3008
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.

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