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Activia Properties (TSE:3279) PB Ratio : 1.15 (As of May. 23, 2024)


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What is Activia Properties 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 (2024-05-23), Activia Properties's share price is 円389000.00. Activia Properties's Book Value per Share for the quarter that ended in May. 2023 was 円339,532.44. Hence, Activia Properties's PB Ratio of today is 1.15.

Good Sign:

Activia Properties Inc stock PB Ratio (=1.16) is close to 3-year low of 1.08

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

TSE:3279' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.52   Max: 2.18
Current: 1.14

During the past 11 years, Activia Properties's highest PB Ratio was 2.18. The lowest was 0.74. And the median was 1.52.

TSE:3279's PB Ratio is ranked worse than
76.47% of 850 companies
in the REITs industry
Industry Median: 0.83 vs TSE:3279: 1.14

During the past 12 months, Activia Properties's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Activia Properties was 8.60% per year. The lowest was 0.60% per year. And the median was 4.25% per year.

Back to Basics: PB Ratio


Activia Properties PB Ratio Historical Data

The historical data trend for Activia Properties'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.

Activia Properties PB Ratio Chart

Activia Properties Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.70 1.18 1.28 1.26

Activia Properties Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 1.50 1.28 1.21 1.26 1.16

Competitive Comparison of Activia Properties's PB Ratio

For the REIT - Diversified subindustry, Activia Properties'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.


Activia Properties's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Activia Properties's PB Ratio falls into.



Activia Properties 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.

Activia Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: May. 2023)
=389000.00/339532.435
=1.15

* 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.


Activia Properties  (TSE:3279) 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.


Activia Properties PB Ratio Related Terms

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


Activia Properties (TSE:3279) Business Description

Traded in Other Exchanges
N/A
Address
1-16-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. Most of these properties are either urban retail units near major train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's major tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.

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