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Ichigo Hotel REIT Investment (TSE:3463) Price-to-Tangible-Book : 0.92 (As of May. 15, 2024)


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What is Ichigo Hotel REIT Investment Price-to-Tangible-Book?

As of today (2024-05-15), Ichigo Hotel REIT Investment's share price is 円116400.00. Ichigo Hotel REIT Investment's Tangible Book per Share of Jul. 2023 for the quarter that ended in Jul. 2023 was 円126,758.65. Hence, Ichigo Hotel REIT Investment's Price to Tangible Book Ratio of today is 0.92.

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

TSE:3463' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45   Med: 0.87   Max: 1.47
Current: 0.92

During the past 8 years, Ichigo Hotel REIT Investment's highest Price to Tangible Book Ratio was 1.47. The lowest was 0.45. And the median was 0.87.

TSE:3463's Price-to-Tangible-Book is ranked worse than
56.73% of 839 companies
in the REITs industry
Industry Median: 0.83 vs TSE:3463: 0.92

A closely related ratio is called PB Ratio. As of today, Ichigo Hotel REIT Investment's share price is 円116400.00. Ichigo Hotel REIT Investment's Book Value per Sharefor the quarter that ended in Jul. 2023 was 円126,758.65. Hence, Ichigo Hotel REIT Investment's P/B Ratio of today is 0.92.


Ichigo Hotel REIT Investment Price-to-Tangible-Book Historical Data

The historical data trend for Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment Price-to-Tangible-Book Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.98 0.45 0.73 0.75 0.86

Ichigo Hotel REIT Investment Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 0.73 0.62 0.75 0.90 0.86

Competitive Comparison of Ichigo Hotel REIT Investment's Price-to-Tangible-Book

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.


Ichigo Hotel REIT Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Ichigo Hotel REIT Investment's Price-to-Tangible-Book falls into.



Ichigo Hotel REIT Investment Price-to-Tangible-Book Calculation

Ichigo Hotel REIT Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jul. 2023 )
=116400.00/126758.646
=0.92

* 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.


Ichigo Hotel REIT Investment Price-to-Tangible-Book Related Terms

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


Ichigo Hotel REIT Investment (TSE:3463) Business Description

Traded in Other Exchanges
N/A
Address
Uchisaiwaicho 1-1-1, Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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