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Argo Properties NV (XTAE:ARGO) Price-to-Tangible-Book : 0.96 (As of May. 16, 2024)


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What is Argo Properties NV Price-to-Tangible-Book?

As of today (2024-05-16), Argo Properties NV's share price is ₪72.71. Argo Properties NV's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₪75.85. Hence, Argo Properties NV's Price to Tangible Book Ratio of today is 0.96.

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

XTAE:ARGO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 0.96   Max: 1.23
Current: 0.94

During the past 4 years, Argo Properties NV's highest Price to Tangible Book Ratio was 1.23. The lowest was 0.57. And the median was 0.96.

XTAE:ARGO's Price-to-Tangible-Book is ranked worse than
55.05% of 1724 companies
in the Real Estate industry
Industry Median: 0.84 vs XTAE:ARGO: 0.94

A closely related ratio is called PB Ratio. As of today, Argo Properties NV's share price is ₪72.71. Argo Properties NV's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₪75.85. Hence, Argo Properties NV's P/B Ratio of today is 0.96.


Argo Properties NV Price-to-Tangible-Book Historical Data

The historical data trend for Argo Properties NV'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.

Argo Properties NV Price-to-Tangible-Book Chart

Argo Properties NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
- - 1.24 0.90

Argo Properties NV Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.02 0.90 0.57 0.58 0.74

Competitive Comparison of Argo Properties NV's Price-to-Tangible-Book

For the Real Estate Services subindustry, Argo Properties NV'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.


Argo Properties NV's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Argo Properties NV Price-to-Tangible-Book Calculation

Argo Properties NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=72.71/75.848
=0.96

* 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.


Argo Properties NV Price-to-Tangible-Book Related Terms

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


Argo Properties NV (XTAE:ARGO) Business Description

Traded in Other Exchanges
N/A
Address
Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107
Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.

Argo Properties NV (XTAE:ARGO) Headlines

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