Derwent London (LSE:DLN) PB Ratio : 0.65 (As of Apr. 29, 2024)

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What is Derwent London 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 (2024-04-29), Derwent London's share price is £20.42. Derwent London's Book Value per Share for the quarter that ended in Dec. 2023 was £31.25. Hence, Derwent London's PB Ratio of today is 0.65.

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

LSE:DLN' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.83 Max: 1.41
Current: 0.65

During the past 13 years, Derwent London's highest PB Ratio was 1.41. The lowest was 0.49. And the median was 0.83.

LSE:DLN's PB Ratio is ranked better than
70.71% of 850 companies
in the REITs industry
Industry Median: 0.83 vs LSE:DLN: 0.65

During the past 12 months, Derwent London's average Book Value Per Share Growth Rate was -13.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Derwent London was 346.30% per year. The lowest was -21.00% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio

Derwent London PB Ratio Historical Data

The historical data trend for Derwent London'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.

Derwent London PB Ratio Chart

Derwent London Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.01

0.81

0.86

0.65

0.76

Derwent London 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															0.86	0.65	0.65	0.59	0.76

Competitive Comparison of Derwent London's PB Ratio

For the REIT - Office subindustry, Derwent London'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.

Derwent London's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Derwent London's PB Ratio falls into.

Derwent London 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.

Derwent London's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	20.42	/	31.247
	=	0.65

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.

Derwent London (LSE:DLN) 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.

Derwent London PB Ratio Related Terms

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Derwent London (LSE:DLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Derwent London PLC (LSE:DLN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

DWVYF:USA DLNl:UK DVK:Germany

Address

25 Savile Row, London, GBR, W1S 2ER

Website

https://www.derwentlondon.com

Derwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.