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Daiwa House Logistics Trust (SGX:DHLU) Price-to-Tangible-Book : 0.74 (As of May. 13, 2024)


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What is Daiwa House Logistics Trust Price-to-Tangible-Book?

As of today (2024-05-13), Daiwa House Logistics Trust's share price is S$0.585. Daiwa House Logistics Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$0.80. Hence, Daiwa House Logistics Trust's Price to Tangible Book Ratio of today is 0.74.

The historical rank and industry rank for Daiwa House Logistics Trust's Price-to-Tangible-Book or its related term are showing as below:

SGX:DHLU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73   Med: 0.79   Max: 0.82
Current: 0.73

During the past 5 years, Daiwa House Logistics Trust's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.73. And the median was 0.79.

SGX:DHLU's Price-to-Tangible-Book is ranked better than
61.86% of 839 companies
in the REITs industry
Industry Median: 0.84 vs SGX:DHLU: 0.73

A closely related ratio is called PB Ratio. As of today, Daiwa House Logistics Trust's share price is S$0.585. Daiwa House Logistics Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$0.80. Hence, Daiwa House Logistics Trust's P/B Ratio of today is 0.74.

Daiwa House Logistics Trust Price-to-Tangible-Book Historical Data

The historical data trend for Daiwa House Logistics Trust'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.

Daiwa House Logistics Trust Price-to-Tangible-Book Chart

Daiwa House Logistics Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Price-to-Tangible-Book
- - - 0.75 0.82

Daiwa House Logistics Trust Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - 0.79 0.82

Competitive Comparison of Daiwa House Logistics Trust's Price-to-Tangible-Book

For the REIT - Industrial subindustry, Daiwa House Logistics Trust'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.

Daiwa House Logistics Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa House Logistics Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Daiwa House Logistics Trust's Price-to-Tangible-Book falls into.


Daiwa House Logistics Trust Price-to-Tangible-Book Calculation

Daiwa House Logistics Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.585/0.795
=0.74

* 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:

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.

Daiwa House Logistics Trust Price-to-Tangible-Book Related Terms

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

Daiwa House Logistics Trust (SGX:DHLU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House Logistics Trust (SGX:DHLU) » Definitions » Price-to-Tangible-Book
Comparable Companies
SGX:M1GU SGX:BWCU SGX:O5RU PLD PSA EXR LSE:SGRO REXR SGX:A17U EGP CUBE COLD STAG FR SGX:M44U ASX:NSR XBRU:WDP TRNO TSE:3281 SGX:ME8U
Traded in Other Exchanges
N/A
Address
8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960
Website
https://www.daiwahouse-logisticstrust.com
Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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