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SOSiLA Logistics REIT (TSE:2979) Tangible Book per Share : 円106,963.54 (As of Nov. 2023)


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What is SOSiLA 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. SOSiLA Logistics REIT's tangible book value per share for the quarter that ended in Nov. 2023 was 円106,963.54.

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.


SOSiLA Logistics REIT Tangible Book per Share Historical Data

The historical data trend for SOSiLA 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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SOSiLA Logistics REIT Tangible Book per Share Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22
Tangible Book per Share
452.65 101,354.81 102,105.54 105,731.18

SOSiLA Logistics REIT Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Tangible Book per Share Get a 7-Day Free Trial 102,105.54 105,923.76 105,731.18 107,072.16 106,963.54

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

For the REIT - Industrial subindustry, SOSiLA 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.


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

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

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



SOSiLA Logistics REIT Tangible Book per Share Calculation

SOSiLA Logistics REIT's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(73878.393-0-1809.909)/0.68162
=105,731.18

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

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(79594.339-0-1778.365)/0.7275
=106,963.54

* 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.


SOSiLA Logistics REIT  (TSE:2979) 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.


SOSiLA Logistics REIT Tangible Book per Share Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Traded in Other Exchanges
N/A
Address
Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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