Altarea SCA (XPAR:ALTA) PB Ratio : 1.12 (As of May. 05, 2024)

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What is Altarea SCA 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), Altarea SCA's share price is €94.60. Altarea SCA's Book Value per Share for the quarter that ended in Jun. 2023 was €84.83. Hence, Altarea SCA's PB Ratio of today is 1.12.

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

XPAR:ALTA' s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.46 Max: 1.98
Current: 1.12

During the past 13 years, Altarea SCA's highest PB Ratio was 1.98. The lowest was 0.57. And the median was 1.46.

XPAR:ALTA's PB Ratio is ranked worse than
70.55% of 849 companies
in the REITs industry
Industry Median: 0.84 vs XPAR:ALTA: 1.12

During the past 12 months, Altarea SCA's average Book Value Per Share Growth Rate was -3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% 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 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altarea SCA was 9.00% per year. The lowest was -12.90% per year. And the median was 0.85% per year.

Back to Basics: PB Ratio

Altarea SCA PB Ratio Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA PB Ratio Chart

Altarea SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.56

1.40

1.51

1.07

0.94

Altarea SCA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.51	1.18	1.07	0.95	0.94

Competitive Comparison of Altarea SCA's PB Ratio

For the REIT - Residential subindustry, Altarea SCA'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.

Altarea SCA's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Altarea SCA's PB Ratio falls into.

Altarea SCA 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.

Altarea SCA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	94.60	/	84.834
	=	1.12

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.

Altarea SCA (XPAR:ALTA) 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.

Altarea SCA PB Ratio Related Terms

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Altarea SCA (XPAR:ALTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (XPAR:ALTA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ALTAp:UK XAL:Germany

Address

8 avenue Delcasse, Paris, FRA, 75008

Website

https://www.altarea.com

Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.