London & Associated Properties (LSE:LAS) Price-to-Tangible-Book : 0.34 (As of Jun. 07, 2024)

View and export this data going back to 1944. Start your Free Trial

What is London & Associated Properties Price-to-Tangible-Book?

As of today (2024-06-07), London & Associated Properties's share price is £0.115. London & Associated Properties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.33. Hence, London & Associated Properties's Price to Tangible Book Ratio of today is 0.34.

The historical rank and industry rank for London & Associated Properties's Price-to-Tangible-Book or its related term are showing as below:

LSE:LAS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.49 Max: 0.78
Current: 0.35

During the past 13 years, London & Associated Properties's highest Price to Tangible Book Ratio was 0.78. The lowest was 0.23. And the median was 0.49.

LSE:LAS's Price-to-Tangible-Book is ranked better than
81.21% of 1708 companies
in the Real Estate industry
Industry Median: 0.82 vs LSE:LAS: 0.35

A closely related ratio is called PB Ratio. As of today, London & Associated Properties's share price is £0.115. London & Associated Properties's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.33. Hence, London & Associated Properties's P/B Ratio of today is 0.34.

London & Associated Properties Price-to-Tangible-Book Historical Data

The historical data trend for London & Associated Properties'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.

London & Associated Properties Price-to-Tangible-Book Chart

London & Associated Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.50

0.23

0.34

0.52

0.37

London & Associated Properties 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															0.34	0.51	0.52	0.38	0.37

Competitive Comparison of London & Associated Properties's Price-to-Tangible-Book

For the Real Estate Services subindustry, London & Associated Properties'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.

London & Associated Properties's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, London & Associated Properties's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where London & Associated Properties's Price-to-Tangible-Book falls into.

London & Associated Properties Price-to-Tangible-Book Calculation

London & Associated Properties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.115	/	0.334
	=	0.34

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.

London & Associated Properties Price-to-Tangible-Book Related Terms

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

London & Associated Properties (LSE:LAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » London & Associated Properties PLC (LSE:LAS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ

Website

https://www.lap.co.uk

London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail property. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, and Dragon operations. LAP is focused on property activities but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. Dragon Retail Property segment is a property investment company and derives its income from property rentals. All the operations function through UK region.

London & Associated Properties (LSE:LAS) Headlines

No Headlines