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Paramount Group (Paramount Group) Price-to-Tangible-Book : 0.33 (As of May. 10, 2024)


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What is Paramount Group Price-to-Tangible-Book?

As of today (2024-05-10), Paramount Group's share price is $4.83. Paramount Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $14.43. Hence, Paramount Group's Price to Tangible Book Ratio of today is 0.33.

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

PGRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 0.86   Max: 1.28
Current: 0.33

During the past 13 years, Paramount Group's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.28. And the median was 0.86.

PGRE's Price-to-Tangible-Book is ranked better than
93.31% of 837 companies
in the REITs industry
Industry Median: 0.84 vs PGRE: 0.33

A closely related ratio is called PB Ratio. As of today, Paramount Group's share price is $4.83. Paramount Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was $14.72. Hence, Paramount Group's P/B Ratio of today is 0.33.


Paramount Group Price-to-Tangible-Book Historical Data

The historical data trend for Paramount Group'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.

Paramount Group Price-to-Tangible-Book Chart

Paramount Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.57 0.53 0.37 0.36

Paramount Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.28 0.28 0.30 0.36 0.32

Competitive Comparison of Paramount Group's Price-to-Tangible-Book

For the REIT - Office subindustry, Paramount Group'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.


Paramount Group's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Paramount Group Price-to-Tangible-Book Calculation

Paramount Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.83/14.432
=0.33

* 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.


Paramount Group Price-to-Tangible-Book Related Terms

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


Paramount Group (Paramount Group) Business Description

Traded in Other Exchanges
Address
1633 Broadway, Suite 1801, New York, NY, USA, 10019
Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district ("CBD") submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants. The company's New York City assets generate the majority of its total revenue.
Executives
Albert P. Behler director, officer: Chairman, CEO and President PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gage R. Johnson officer: SVP, GC and Secretary PARAMOUNT GROUP, INC., 1633 BROADWAY, NEW YORK NY 10018
Thomas Armbrust director WERNER OTTO STRASSE 1-7, D-22179 HAMBURG 2M D-22179
Martin Bussmann director C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Hitoshi Saito director PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Ermelinda Berberi officer: See Remarks 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gregory S Wright director FOUR EMBARCADERO CENTER, SUITE 3200, SAN FRANCISCO CA 94111
Katharina Otto-bernstein director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Alexander Otto 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Maren Otto 10 percent owner WERNER-OTTO-STR. 1-7, HAMBURG 2M D-22179
Dyer Colin director JONES LANG LASALLE INCORPORATED, 200 EAST RANDOLPH DRIVE, CHICAGO IL 60601
David Zobel officer: See Remarks 144 E. 84TH STREET #6D, NEW YORK NY 10028
Mark R Patterson director 40 MINNISINK ROAD, SHORT HILLS NJ 07078
Brindley Peter R.c. officer: EVP, Leasing 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019

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