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Hulic Reit (TSE:3295) Price-to-Tangible-Book : 1.13 (As of May. 13, 2024)


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What is Hulic Reit Price-to-Tangible-Book?

As of today (2024-05-13), Hulic Reit's share price is 円152700.00. Hulic Reit's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was 円135,018.25. Hence, Hulic Reit's Price to Tangible Book Ratio of today is 1.13.

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

TSE:3295' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08   Med: 1.36   Max: 1.56
Current: 1.13

During the past 9 years, Hulic Reit's highest Price to Tangible Book Ratio was 1.56. The lowest was 1.08. And the median was 1.36.

TSE:3295's Price-to-Tangible-Book is ranked worse than
74.49% of 839 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3295: 1.13

A closely related ratio is called PB Ratio. As of today, Hulic Reit's share price is 円152700.00. Hulic Reit's Book Value per Sharefor the quarter that ended in Aug. 2023 was 円139,090.94. Hence, Hulic Reit's P/B Ratio of today is 1.10.


Hulic Reit Price-to-Tangible-Book Historical Data

The historical data trend for Hulic 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.

Hulic Reit Price-to-Tangible-Book Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 1.54 1.08 1.41 1.23 1.20

Hulic Reit Semi-Annual Data
Apr14 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 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 1.16 1.23 1.13 1.20 -

Competitive Comparison of Hulic Reit's Price-to-Tangible-Book

For the REIT - Office subindustry, Hulic 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.


Hulic Reit's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Hulic Reit Price-to-Tangible-Book Calculation

Hulic 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 )
=152700.00/135018.247
=1.13

* 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.


Hulic Reit Price-to-Tangible-Book Related Terms

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


Hulic Reit (TSE:3295) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

Hulic Reit (TSE:3295) Headlines

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