S

Shinhan Alpha REIT Co Ltd
KRX:293940

Watchlist Manager
Shinhan Alpha REIT Co Ltd
KRX:293940
Watchlist
Price: 6 200 KRW -0.16% Market Closed
Market Cap: ₩749.8B

P/B

1.2
Current
13%
More Expensive
vs 3-y average of 1.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
₩699B
/
Total Equity
₩617.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
₩699B
/
Total Equity
₩617.1B

Valuation Scenarios

Shinhan Alpha REIT Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.1), the stock would be worth ₩5 509.24 (11% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-11%
Maximum Upside
+5%
Average Downside
5%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.2 ₩6 200
0%
3-Year Average 1.1 ₩5 509.24
-11%
5-Year Average 1.1 ₩5 811.03
-6%
Industry Average 1.3 ₩6 501.19
+5%
Country Average 1.1 ₩5 723.66
-8%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
KR
S
Shinhan Alpha REIT Co Ltd
KRX:293940
Average P/E: 8 543.8
54.2
42%
1.3
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.5
1%
10.5
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 458.7
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Coupang Inc
F:788
174.8
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 291.8 N/A N/A
US
Q
Qnity Electronics Inc
NYSE:Q
Not Available
15%
N/A

Market Distribution

In line with most companies in Korea
Percentile
52nd
Based on 1 345 companies
52nd percentile
1.2
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

Shinhan Alpha REIT Co Ltd
Glance View

Market Cap
749.8B KRW
Industry
N/A

Shinhan Alpha REIT Co., Ltd. operates as real estate indirect investment organization that collects funds from a number of investors, invests, and manages real estate and securities related to real estate. The company is headquartered in Seoul, Seoul. The company went IPO on 2018-08-08. The Trust secures funds from institutional and individual investors. The company aims to provide investment profit to investors through investing in Pangyo Alpharium Tower IV and Yongsan The Prime Office located in Seoul, Korea.

Intrinsic Value
8 891.88 KRW
Undervaluation 30%
Intrinsic Value
Price ₩6 200
S
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett