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CRE (TSE:3458) Price-to-Tangible-Book : 1.04 (As of Jun. 03, 2024)


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What is CRE Price-to-Tangible-Book?

As of today (2024-06-03), CRE's share price is 円1313.00. CRE's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was 円1,263.19. Hence, CRE's Price to Tangible Book Ratio of today is 1.04.

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

TSE:3458' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.53   Max: 2.11
Current: 1.04

During the past 9 years, CRE's highest Price to Tangible Book Ratio was 2.11. The lowest was 0.96. And the median was 1.53.

TSE:3458's Price-to-Tangible-Book is ranked worse than
61.48% of 1711 companies
in the Real Estate industry
Industry Median: 0.83 vs TSE:3458: 1.04

A closely related ratio is called PB Ratio. As of today, CRE's share price is 円1313.00. CRE's Book Value per Sharefor the quarter that ended in Jan. 2024 was 円1,299.21. Hence, CRE's P/B Ratio of today is 1.01.


CRE Price-to-Tangible-Book Historical Data

The historical data trend for CRE'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.

CRE Price-to-Tangible-Book Chart

CRE Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 1.81 1.95 1.66 1.41 1.08

CRE Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.96 1.01 1.08 1.27 1.13

Competitive Comparison of CRE's Price-to-Tangible-Book

For the Real Estate Services subindustry, CRE'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.


CRE's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



CRE Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=1313.00/1263.194
=1.04

* 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.


CRE Price-to-Tangible-Book Related Terms

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


CRE (TSE:3458) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-10-1, Toranomon, 19th Floor, Toranomon Twin Building, Minato-ku, Tokyo, JPN, 105-1001
CRE Inc operates in the real estate sector in Japan. The company leases warehouses and other commercial properties; provides property management and asset utilization services; and develops logistics facilities. It also offers asset management services that support operational aspects of real estate financing and securitization.

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