Nippon Prologis REIT (TSE:3283) Price-to-Tangible-Book : 1.47 (As of May. 28, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Nippon Prologis REIT Price-to-Tangible-Book?

As of today (2024-05-28), Nippon Prologis REIT's share price is 円258100.00. Nippon Prologis REIT's Tangible Book per Share of May. 2022 for the quarter that ended in May. 2022 was 円175,287.63. Hence, Nippon Prologis REIT's Price to Tangible Book Ratio of today is 1.47.

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

TSE:3283's Price-to-Tangible-Book is not ranked ^*
in the REITs industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Nippon Prologis REIT's share price is 円258100.00. Nippon Prologis REIT's Book Value per Sharefor the quarter that ended in May. 2022 was 円175,397.33. Hence, Nippon Prologis REIT's P/B Ratio of today is 1.47.

Nippon Prologis REIT Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Prologis 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.

Nippon Prologis REIT Price-to-Tangible-Book Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.58

1.52

1.85

2.00

2.17

Nippon Prologis REIT Semi-Annual Data
	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22
Price-to-Tangible-Book	Get a 7-Day Free Trial														1.87	2.00	1.99	2.17	1.96

Competitive Comparison of Nippon Prologis REIT's Price-to-Tangible-Book

For the REIT - Industrial subindustry, Nippon Prologis 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.

Nippon Prologis REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Nippon Prologis REIT Price-to-Tangible-Book Calculation

Nippon Prologis REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: May. 2022 )
	=	258100.00	/	175287.63
	=	1.47

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.

Nippon Prologis REIT Price-to-Tangible-Book Related Terms

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

Nippon Prologis REIT (TSE:3283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (TSE:3283) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (TSE:3283) Headlines

No Headlines