Charter Hall Retail REIT (ASX:CQR) Price-to-Tangible-Book : 0.75 (As of May. 22, 2024)

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What is Charter Hall Retail REIT Price-to-Tangible-Book?

As of today (2024-05-22), Charter Hall Retail REIT's share price is A$3.42. Charter Hall Retail REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$4.54. Hence, Charter Hall Retail REIT's Price to Tangible Book Ratio of today is 0.75.

The historical rank and industry rank for Charter Hall Retail REIT's Price-to-Tangible-Book or its related term are showing as below:

ASX:CQR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74 Med: 0.99 Max: 1.26
Current: 0.75

During the past 13 years, Charter Hall Retail REIT's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.74. And the median was 0.99.

ASX:CQR's Price-to-Tangible-Book is ranked better than
59.24% of 839 companies
in the REITs industry
Industry Median: 0.83 vs ASX:CQR: 0.75

A closely related ratio is called PB Ratio. As of today, Charter Hall Retail REIT's share price is A$3.42. Charter Hall Retail REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$4.54. Hence, Charter Hall Retail REIT's P/B Ratio of today is 0.75.

Charter Hall Retail REIT Price-to-Tangible-Book Historical Data

The historical data trend for Charter Hall Retail REIT's Price-to-Tangible-Book 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.

Charter Hall Retail REIT Price-to-Tangible-Book Chart

Charter Hall Retail REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.07

0.89

0.95

0.77

0.76

Charter Hall Retail REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.94	0.77	0.76	0.76	0.80

Competitive Comparison of Charter Hall Retail REIT's Price-to-Tangible-Book

For the REIT - Retail subindustry, Charter Hall Retail REIT's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Charter Hall Retail REIT's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Retail REIT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Charter Hall Retail REIT's Price-to-Tangible-Book falls into.

Charter Hall Retail REIT Price-to-Tangible-Book Calculation

Charter Hall Retail REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.42	/	4.538
	=	0.75

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Charter Hall Retail REIT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Charter Hall Retail REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Charter Hall Retail REIT (ASX:CQR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Retail REIT (ASX:CQR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MQV:Germany

Address

No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000

Website

https://www.charterhall.com.au

Charter Hall Retail Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighbourhood and subregional shopping centres, service stations, and some retail logistics properties. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 80% of supermarket tenants at or near thresholds for paying turnover-linked rent.

Charter Hall Retail REIT (ASX:CQR) Headlines

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