Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code VCX' and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code VCD'.
P/B ratio for Vicinity Centres (VCX.AX)
P/B ratio as of 2024: 0.80
According to Vicinity Centres's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.80. At the end of 2023 the company had a P/B ratio of 0.79.
P/B ratio history for Vicinity Centres from 2011 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 0.80 |
| 2023 | 0.79 |
| 2022 | 0.77 |
| 2021 | 0.70 |
| 2020 | 0.62 |
| 2019 | 0.98 |
| 2018 | 0.97 |
| 2017 | 1.00 |
| 2016 | 1.39 |
| 2015 | 1.25 |
| 2014 | 3.16 |
| 2013 | 3.11 |
| 2012 | 2.69 |
| 2011 | 2.36 |