Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.8), the stock would be worth CA$12.9 (6% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.8 | CA$13.8 |
0%
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| 3-Year Average | 0.8 | CA$12.9 |
-6%
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| 5-Year Average | 0.8 | CA$13.28 |
-4%
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| Industry Average | 0.8 | CA$13.53 |
-2%
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| Country Average | 2.7 | CA$43.32 |
+214%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
|
4.1B CAD | 0.8 | 23.9 | |
| US |
|
Prologis Inc
NYSE:PLD
|
131.6B USD | 2.5 | 35.4 | |
| AU |
|
Goodman Group
ASX:GMG
|
56.2B AUD | 2.9 | 32.3 | |
| UK |
|
SEGRO PLC
LSE:SGRO
|
9.4B GBP | 0.8 | 17.1 | |
| SG |
|
ESR-REIT
OTC:CGIUF
|
12.8B USD | 6.5 | 2 892.7 | |
| SG |
|
Ascendas Real Estate Investment Trust
SGX:A17U
|
11.7B | 0 | 0 | |
| US |
|
Eastgroup Properties Inc
NYSE:EGP
|
10.9B USD | 3 | 37.2 | |
| US |
|
First Industrial Realty Trust Inc
NYSE:FR
|
8.3B USD | 3.1 | 24.2 | |
| US |
|
Lineage Inc
NASDAQ:LINE
|
8.3B USD | 1 | -84.8 | |
| US |
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Rexford Industrial Realty Inc
NYSE:REXR
|
8.1B USD | 1 | 36.9 | |
| MX |
P
|
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
|
136.4B MXN | 1.1 | 12.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Dream Industrial Real Estate Investment Trust
Glance View
Dream Industrial Real Estate Investment Trust is an intriguing player in the realm of industrial properties, capitalizing on the burgeoning demand for logistics and distribution spaces. The trust specializes in acquiring strategically located industrial assets, which range from warehouses to distribution centers and light manufacturing facilities. By curating a portfolio across prime markets in Canada, the United States, and Europe, Dream Industrial caters to the essential backbone of global commerce—businesses needing efficient spaces to store, process, and move goods. This strategic focus on high-quality locations ensures a steady stream of rental income, which forms the foundation of its revenue model. The trust is well-versed in optimizing the value of its properties through active management, capital improvements, and fostering strong tenant relationships, thereby enhancing both occupancy rates and rental yield. Revenue generation for Dream Industrial hinges on a meticulous approach to property management and leasing. By negotiating robust leasing agreements with tenants, the trust secures long-term streams of income, often benefiting from contractual rent escalations. This is coupled with a keen eye for market opportunities, enabling the trust to balance its portfolio through acquisitions and divestitures aligned with emerging industrial trends. The firm's adeptness in adjusting to shifts in tenant demands means Dream Industrial can swiftly recalibrate spaces for industries ranging from e-commerce giants to third-party logistics providers. By leveraging economies of scale and maintaining high occupancy, the trust maximizes its operational efficiencies, which in turn, supports stable, and potentially growing, distributions to its investors. Through this disciplined approach, Dream Industrial crafts a resilient model built to adapt and thrive in the evolving landscape of supply chain logistics.