GLP J-REIT (TSE:3281) Price-to-Tangible-Book : 1.35 (As of May. 04, 2024)

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What is GLP J-REIT Price-to-Tangible-Book?

As of today (2024-05-04), GLP J-REIT's share price is 円128900.00. GLP J-REIT's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was 円95,311.86. Hence, GLP J-REIT's Price to Tangible Book Ratio of today is 1.35.

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

TSE:3281' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.35 Med: 1.72 Max: 2.17
Current: 1.35

During the past 11 years, GLP J-REIT's highest Price to Tangible Book Ratio was 2.17. The lowest was 1.35. And the median was 1.72.

TSE:3281's Price-to-Tangible-Book is ranked worse than
82.72% of 839 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3281: 1.35

A closely related ratio is called PB Ratio. As of today, GLP J-REIT's share price is 円128900.00. GLP J-REIT's Book Value per Sharefor the quarter that ended in Aug. 2023 was 円95,895.15. Hence, GLP J-REIT's P/B Ratio of today is 1.34.

GLP J-REIT Price-to-Tangible-Book Historical Data

The historical data trend for GLP J-REIT'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.

GLP J-REIT Price-to-Tangible-Book Chart

GLP J-REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.58

1.94

2.17

1.86

1.44

GLP J-REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.89	1.86	1.53	1.44	-

Competitive Comparison of GLP J-REIT's Price-to-Tangible-Book

For the REIT - Industrial subindustry, GLP J-REIT'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.

GLP J-REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where GLP J-REIT's Price-to-Tangible-Book falls into.

GLP J-REIT Price-to-Tangible-Book Calculation

GLP J-REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	128900.00	/	95311.859
	=	1.35

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.

GLP J-REIT Price-to-Tangible-Book Related Terms

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

GLP J-REIT (TSE:3281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GLP J-REIT (TSE:3281) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN

Website

http://www.glpjreit.com

GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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