Global One Real Estate Investment (TSE:8958) Price-to-Tangible-Book : 1.04 (As of May. 15, 2024)

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What is Global One Real Estate Investment Price-to-Tangible-Book?

As of today (2024-05-15), Global One Real Estate Investment's share price is 円105800.00. Global One Real Estate Investment's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was 円101,559.13. Hence, Global One Real Estate Investment's Price to Tangible Book Ratio of today is 1.04.

The historical rank and industry rank for Global One Real Estate Investment's Price-to-Tangible-Book or its related term are showing as below:

TSE:8958' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.04 Max: 1.44
Current: 1.04

During the past 13 years, Global One Real Estate Investment's highest Price to Tangible Book Ratio was 1.44. The lowest was 0.79. And the median was 1.04.

TSE:8958's Price-to-Tangible-Book is ranked worse than
69.49% of 839 companies
in the REITs industry
Industry Median: 0.83 vs TSE:8958: 1.04

A closely related ratio is called PB Ratio. As of today, Global One Real Estate Investment's share price is 円105800.00. Global One Real Estate Investment's Book Value per Sharefor the quarter that ended in Sep. 2023 was 円101,559.91. Hence, Global One Real Estate Investment's P/B Ratio of today is 1.04.

Global One Real Estate Investment Price-to-Tangible-Book Historical Data

The historical data trend for Global One Real Estate 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.

Global One Real Estate Investment Price-to-Tangible-Book Chart

Global One Real Estate Investment Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.44

0.99

1.15

1.09

1.13

Global One Real Estate Investment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.15	1.12	1.09	1.03	1.13

Competitive Comparison of Global One Real Estate Investment's Price-to-Tangible-Book

For the REIT - Office subindustry, Global One Real Estate 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.

Global One Real Estate Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Global One Real Estate Investment's Price-to-Tangible-Book falls into.

Global One Real Estate Investment Price-to-Tangible-Book Calculation

Global One Real Estate Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	105800.00	/	101559.125
	=	1.04

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.

Global One Real Estate Investment Price-to-Tangible-Book Related Terms

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

Global One Real Estate Investment (TSE:8958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global One Real Estate Investment Corp (TSE:8958) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN

Website

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

Global One Real Estate Investment Corp is a real estate investment company based in Japan. It invests in the properties from long-term standpoint and properties that continue to boost demand for a certain period after the acquisition. The company selects investment properties with following criteria: easy accessibility from train stations, newly built and large buildings with extensive office space. It mainly invests in class-A office buildings in the Tokyo metropolitan area, the Chubu area and the Kinki area of Japan.

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