United Urban Investment (TSE:8960) Price-to-Tangible-Book : 1.34 (As of May. 14, 2024)

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What is United Urban Investment Price-to-Tangible-Book?

As of today (2024-05-14), United Urban Investment's share price is 円151500.00. United Urban Investment's Tangible Book per Share of May. 2023 for the quarter that ended in May. 2023 was 円113,294.07. Hence, United Urban Investment's Price to Tangible Book Ratio of today is 1.34.

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

TSE:8960' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 1.48 Max: 1.89
Current: 1.34

During the past 13 years, United Urban Investment's highest Price to Tangible Book Ratio was 1.89. The lowest was 1.00. And the median was 1.48.

TSE:8960's Price-to-Tangible-Book is ranked worse than
82.96% of 839 companies
in the REITs industry
Industry Median: 0.83 vs TSE:8960: 1.34

A closely related ratio is called PB Ratio. As of today, United Urban Investment's share price is 円151500.00. United Urban Investment's Book Value per Sharefor the quarter that ended in May. 2023 was 円116,336.85. Hence, United Urban Investment's P/B Ratio of today is 1.30.

United Urban Investment Price-to-Tangible-Book Historical Data

The historical data trend for United Urban 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.

United Urban Investment Price-to-Tangible-Book Chart

United Urban Investment Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.59

1.85

1.03

1.27

1.36

United Urban Investment Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.37	1.27	1.27	1.36	1.31

Competitive Comparison of United Urban Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, United Urban 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.

United Urban Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

United Urban Investment Price-to-Tangible-Book Calculation

United Urban Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: May. 2023 )
	=	151500.00	/	113294.071
	=	1.34

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.

United Urban Investment Price-to-Tangible-Book Related Terms

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

United Urban Investment (TSE:8960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » United Urban Investment Corp (TSE:8960) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3-1 Toranomon, Minato-ku, Tokyo, JPN, 105-0001

Website

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

United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.

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