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Great Portland Estates (LSE:GPE) Price-to-Tangible-Book : 0.66 (As of May. 16, 2024)


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What is Great Portland Estates Price-to-Tangible-Book?

As of today (2024-05-16), Great Portland Estates's share price is £4.305. Great Portland Estates's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £6.51. Hence, Great Portland Estates's Price to Tangible Book Ratio of today is 0.66.

The historical rank and industry rank for Great Portland Estates's Price-to-Tangible-Book or its related term are showing as below:

LSE:GPE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 0.84   Max: 1.17
Current: 0.66

During the past 13 years, Great Portland Estates's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.56. And the median was 0.84.

LSE:GPE's Price-to-Tangible-Book is ranked better than
73.54% of 839 companies
in the REITs industry
Industry Median: 0.83 vs LSE:GPE: 0.66

A closely related ratio is called PB Ratio. As of today, Great Portland Estates's share price is £4.305. Great Portland Estates's Book Value per Sharefor the quarter that ended in Sep. 2023 was £6.51. Hence, Great Portland Estates's P/B Ratio of today is 0.66.


Great Portland Estates Price-to-Tangible-Book Historical Data

The historical data trend for Great Portland Estates'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.

Great Portland Estates Price-to-Tangible-Book Chart

Great Portland Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.78 0.88 0.86 0.67

Great Portland Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book 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 0.94 0.86 0.56 0.67 0.64

Competitive Comparison of Great Portland Estates's Price-to-Tangible-Book

For the REIT - Office subindustry, Great Portland Estates'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.


Great Portland Estates's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Great Portland Estates's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Great Portland Estates's Price-to-Tangible-Book falls into.



Great Portland Estates Price-to-Tangible-Book Calculation

Great Portland Estates's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=4.305/6.511
=0.66

* 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 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.


Great Portland Estates Price-to-Tangible-Book Related Terms

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


Great Portland Estates (LSE:GPE) Business Description

Traded in Other Exchanges
Address
33 Cavendish Square, London, GBR, W1G 0PW
Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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