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LondonMetric Property (LSE:LMP) Price-to-Tangible-Book : 1.03 (As of May. 22, 2024)


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What is LondonMetric Property Price-to-Tangible-Book?

As of today (2024-05-22), LondonMetric Property's share price is £2.08. LondonMetric Property's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £2.02. Hence, LondonMetric Property's Price to Tangible Book Ratio of today is 1.03.

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

LSE:LMP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.11   Max: 1.26
Current: 1.03

During the past 13 years, LondonMetric Property's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.75. And the median was 1.11.

LSE:LMP's Price-to-Tangible-Book is ranked worse than
68.53% of 839 companies
in the REITs industry
Industry Median: 0.83 vs LSE:LMP: 1.03

A closely related ratio is called PB Ratio. As of today, LondonMetric Property's share price is £2.08. LondonMetric Property's Book Value per Sharefor the quarter that ended in Sep. 2023 was £2.02. Hence, LondonMetric Property's P/B Ratio of today is 1.03.


LondonMetric Property Price-to-Tangible-Book Historical Data

The historical data trend for LondonMetric Property'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.

LondonMetric Property Price-to-Tangible-Book Chart

LondonMetric Property 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 1.15 1.03 1.12 1.05 0.88

LondonMetric Property 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 1.12 1.05 0.75 0.88 0.85

Competitive Comparison of LondonMetric Property's Price-to-Tangible-Book

For the REIT - Diversified subindustry, LondonMetric Property'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.


LondonMetric Property's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where LondonMetric Property's Price-to-Tangible-Book falls into.



LondonMetric Property Price-to-Tangible-Book Calculation

LondonMetric Property's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=2.08/2.015
=1.03

* 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.


LondonMetric Property Price-to-Tangible-Book Related Terms

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


LondonMetric Property (LSE:LMP) Business Description

Traded in Other Exchanges
Address
One Curzon Street, London, GBR, W1J 5HB
LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The company focuses on properties in the retail and distribution businesses. The company categorizes its property portfolios in six segments: Distribution, retail parks, Long income, Office, Residential, and Development. The company generates its revenue mainly from contracted leases.

LondonMetric Property (LSE:LMP) Headlines

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