Price to Book ratio Analysis of Global Medical REIT Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Very Good PB
0.982
Period Ending - Dec-22
Very Good PB
0.916
Growth
7.28 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Good PB
0.963
Most recent Quarter PB
Period Ending - Mar-24
Very Good PB
0.997
PB Analysis of Global Medical REIT Inc
| PB Ratio of GMRE has grown by 7.28 % Compared to previous Financial Year. |
| PB Ratio with value of 0.982 was highest in Year Dec-23 in last Five Years. |
| PB Ratio with value of 0.668 was lowest in Year Dec-19 in last Five Years. |
| Latest PB Ratio with value of 0.982 is Greater than Average PB of 0.869 in last five years. |
Other PB Related Info of GMRE that may interest you.
Global Medical REIT Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GMRE | 9.08 | 9.02 | 0.665 % | REIT-Healthcare Facilities |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Mild Value | |
FY - Historical Price to Book of Global Medical REIT Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.982 | 0.916 | 0.864 | 0.918 | 0.668 | 0.666 | 0.688 |
| Change | 7.28 % | 6.04 % | -5.88 % | 37.36 % | 0.362 % | -3.22 % | 26.22 % |
FY Chart of Price to Book of Global Medical REIT Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)