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Urban Logistics REIT (LSE:SHED) Tangible Book per Share : £1.62 (As of Sep. 2023)


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What is Urban Logistics REIT Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Urban Logistics REIT's tangible book value per share for the quarter that ended in Sep. 2023 was £1.62.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Urban Logistics REIT Tangible Book per Share Historical Data

The historical data trend for Urban Logistics REIT's Tangible Book per Share 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.

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Urban Logistics REIT Tangible Book per Share Chart

Urban Logistics REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial 1.37 1.37 1.52 1.89 1.63

Urban Logistics REIT Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.89 1.85 1.63 1.62

Competitive Comparison of Urban Logistics REIT's Tangible Book per Share

For the REIT - Industrial subindustry, Urban Logistics REIT'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.


Urban Logistics REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Urban Logistics REIT Tangible Book per Share Calculation

Urban Logistics REIT's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(769.76-0-0.032)/471.975
=1.63

Urban Logistics REIT's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(766.111-0-0.026)/471.975
=1.62

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Urban Logistics REIT  (LSE:SHED) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Urban Logistics REIT Tangible Book per Share Related Terms

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Urban Logistics REIT (LSE:SHED) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Urban Logistics REIT PLC is a property investment company. The company invests in the United Kingdom based industrial and logistics properties with a view to delivering attractive dividends and capital return to its shareholders. Its investment strategy is focused on smaller single let industrial and logistics properties in key geographical locations servicing high-quality tenants. Investment returns will be generated by quality stock, asset management, and a strong occupational market.

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