DCT Industrial Trust (DCT Industrial Trust) PB Ratio : 2.03 (As of May. 05, 2024)

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What is DCT Industrial Trust 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 (2024-05-05), DCT Industrial Trust's share price is $42.78. DCT Industrial Trust's Book Value per Share for the quarter that ended in Jun. 2018 was $21.05. Hence, DCT Industrial Trust's PB Ratio of today is 2.03.

The historical rank and industry rank for DCT Industrial Trust's PB Ratio or its related term are showing as below:

DCT's PB Ratio is not ranked ^*
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

DCT Industrial Trust PB Ratio Historical Data

The historical data trend for DCT Industrial Trust'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.

DCT Industrial Trust PB Ratio Chart

DCT Industrial Trust Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

PB Ratio

Get a 7-Day Free Trial

1.48

1.79

1.88

2.35

2.82

DCT Industrial Trust Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
PB Ratio	Get a 7-Day Free Trial															2.58	2.80	2.82	2.67	3.17

Competitive Comparison of DCT Industrial Trust's PB Ratio

For the REIT - Industrial subindustry, DCT Industrial Trust'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.

DCT Industrial Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where DCT Industrial Trust's PB Ratio falls into.

DCT Industrial Trust 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.

DCT Industrial Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2018)
	=	42.78	/	21.046
	=	2.03

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

DCT Industrial Trust (NYSE:DCT) 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.

DCT Industrial Trust PB Ratio Related Terms

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

DCT Industrial Trust (DCT Industrial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » DCT Industrial Trust Inc (NYSE:DCT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.dctindustrial.com

DCT Industrial Trust Inc is a real estate investment trust engaged in the acquiring, leasing, and managing of large distribution and light industrial warehouses near large U.S. urban markets. The company segments its operations into East, Central, and West divisions. DCT's property portfolio is fairly evenly distributed amongst its three regional units both in terms of total square footage and the percent of total revenue derived from each. The largest cities in each region play host to the most buildings. The company generates nearly all of its revenue in the form of rental revenue from its fairly diversified base of tenants. Manufacturing, transportation and warehousing, and wholesale trade companies account for most of DCT's revenue and total occupied square feet.

Executives

Philip L Hawkins	director, officer: President and CEO	C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Marcus L. Smith	director	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Mark Skomal	officer: Chief Accounting Officer	C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Raymond B Greer	director	1515 WEST 20TH STREET, P.O. BOX 612787, DFW INTERNATIONAL AIRPORT TX 75261
Thomas F August	director	6214 PARK LANE, DALLAS TX 75225
Marilyn A Alexander	director	565 DUNNEGAN DRIVE, LAGUNA BEACH CA 92651
Thomas G Wattles	director, officer: Chairman	ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Stuart B Brown	officer: Chief Financial Officer	518 17TH STREET, SUITE 1700, DENVER CO 80202