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Mapletree Pan Asia Commercial Trust (SGX:N2IU) PB Ratio : 0.69 (As of May. 03, 2024)


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What is Mapletree Pan Asia Commercial 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 (2024-05-03), Mapletree Pan Asia Commercial Trust's share price is S$1.22. Mapletree Pan Asia Commercial Trust's Book Value per Share for the quarter that ended in Dec. 2023 was S$1.78. Hence, Mapletree Pan Asia Commercial Trust's PB Ratio of today is 0.69.

Good Sign:

Mapletree Pan Asia Commercial Trust stock PB Ratio (=0.71) is close to 10-year low of 0.68

The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's PB Ratio or its related term are showing as below:

SGX:N2IU' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.13   Max: 1.47
Current: 0.68

During the past 13 years, Mapletree Pan Asia Commercial Trust's highest PB Ratio was 1.47. The lowest was 0.68. And the median was 1.13.

SGX:N2IU's PB Ratio is ranked better than
65.49% of 849 companies
in the REITs industry
Industry Median: 0.84 vs SGX:N2IU: 0.68

During the past 12 months, Mapletree Pan Asia Commercial Trust's average Book Value Per Share Growth Rate was -2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mapletree Pan Asia Commercial Trust was 28.40% per year. The lowest was 1.10% per year. And the median was 6.85% per year.

Back to Basics: PB Ratio


Mapletree Pan Asia Commercial Trust PB Ratio Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust PB Ratio Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.05 1.23 1.08 1.00

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.00 0.90 0.80 0.88

Competitive Comparison of Mapletree Pan Asia Commercial Trust's PB Ratio

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's PB Ratio falls into.



Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.22/1.777
=0.69

* 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.


Mapletree Pan Asia Commercial Trust  (SGX:N2IU) 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.


Mapletree Pan Asia Commercial Trust PB Ratio Related Terms

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


Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

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