Piedmont Office Realty Trust Inc

NYSE PDM

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Piedmont Office Realty Trust Inc Price to Book Ratio (P/B) on June 03, 2024: 0.55

Piedmont Office Realty Trust Inc Price to Book Ratio (P/B) is 0.55 on June 03, 2024, a 27.11% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Piedmont Office Realty Trust Inc 52-week high Price to Book Ratio (P/B) is 0.55 on July 19, 2023, which is 0.46% above the current Price to Book Ratio (P/B).
  • Piedmont Office Realty Trust Inc 52-week low Price to Book Ratio (P/B) is 0.36 on October 27, 2023, which is -35.08% below the current Price to Book Ratio (P/B).
  • Piedmont Office Realty Trust Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.47.
NYSE: PDM

Piedmont Office Realty Trust Inc

CEO Mr. Christopher Brent Smith
IPO Date Feb. 10, 2010
Location United States
Headquarters 5565 Glenridge Connector, Atlanta, GA, United States, 30342
Employees 150
Sector Real Estate
Industry Reit - office
Description

Piedmont Office Realty Trust, Inc. (also referred to herein as Piedmont or the Company) (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.

StockViz Staff

September 19, 2024

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