GLP J-REIT (TSE:3281) PB Ratio : 1.34 (As of May. 04, 2024)

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What is GLP J-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 (2024-05-04), GLP J-REIT's share price is 円128900.00. GLP J-REIT's Book Value per Share for the quarter that ended in Aug. 2023 was 円95,895.15. Hence, GLP J-REIT's PB Ratio of today is 1.34.

Good Sign:

GLP J-REIT stock PB Ratio (=1.35) is close to 3-year low of 1.22

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

TSE:3281' s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.74 Max: 2.39
Current: 1.35

During the past 11 years, GLP J-REIT's highest PB Ratio was 2.39. The lowest was 0.97. And the median was 1.74.

TSE:3281's PB Ratio is ranked worse than
83.86% of 849 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3281: 1.35

During the past 12 months, GLP J-REIT's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of GLP J-REIT was 6.00% per year. The lowest was 3.50% per year. And the median was 4.85% per year.

Back to Basics: PB Ratio

GLP J-REIT PB Ratio Historical Data

The historical data trend for GLP J-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.

GLP J-REIT PB Ratio Chart

GLP J-REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

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1.58

1.94

2.16

1.85

1.43

GLP J-REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
PB Ratio	Get a 7-Day Free Trial															1.88	1.85	1.52	1.43	-

Competitive Comparison of GLP J-REIT's PB Ratio

For the REIT - Industrial subindustry, GLP J-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.

GLP J-REIT's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where GLP J-REIT's PB Ratio falls into.

GLP J-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.

GLP J-REIT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Aug. 2023)
	=	128900.00	/	95895.15
	=	1.34

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.

GLP J-REIT (TSE:3281) 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.

GLP J-REIT PB Ratio Related Terms

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

GLP J-REIT (TSE:3281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GLP J-REIT (TSE:3281) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN

Website

http://www.glpjreit.com

GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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