Paramount Group Inc

NYSE:PGRE USA REIT - Office
Market Cap
$1.46 Billion
Market Cap Rank
#6469 Global
#3625 in USA
Share Price
$6.60
Change (1 day)
+0.15%
52-Week Range
$3.94 - $7.55
All Time High
$13.96
About

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its… Read more

Paramount Group Inc (PGRE) - Net Assets

Latest net assets as of September 2025: $4.08 Billion USD

Based on the latest financial reports, Paramount Group Inc (PGRE) has net assets worth $4.08 Billion USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.97 Billion) and total liabilities ($3.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $4.08 Billion
% of Total Assets 51.12%
Annual Growth Rate 7.21%
5-Year Change -11.21%
10-Year Change -24.5%
Growth Volatility 48.94

Paramount Group Inc - Net Assets Trend (2012–2024)

This chart illustrates how Paramount Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Paramount Group Inc (2012–2024)

The table below shows the annual net assets of Paramount Group Inc from 2012 to 2024.

Year Net Assets Change
2024-12-31 $4.01 Billion -0.13%
2023-12-31 $4.01 Billion -8.98%
2022-12-31 $4.41 Billion -0.99%
2021-12-31 $4.46 Billion -1.34%
2020-12-31 $4.52 Billion -2.49%
2019-12-31 $4.63 Billion -5.33%
2018-12-31 $4.89 Billion -2.60%
2017-12-31 $5.02 Billion +2.79%
2016-12-31 $4.89 Billion -8.00%
2015-12-31 $5.31 Billion -4.40%
2014-12-31 $5.55 Billion +174.26%
2013-12-31 $2.03 Billion +16.52%
2012-12-31 $1.74 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Paramount Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 100562700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $2.17 Million 0.07%
Other Comprehensive Income $428.00K 0.01%
Other Components $4.14 Billion 131.93%
Total Equity $3.14 Billion 100.00%

Paramount Group Inc Competitors by Market Cap

The table below lists competitors of Paramount Group Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Paramount Group Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,203,285,000 to 3,141,277,000, a change of -62,008,000 (-1.9%).
  • Net loss of 46,288,000 reduced equity.
  • Dividend payments of 22,826,000 reduced retained earnings.
  • Share repurchases of 186,000 reduced equity.
  • Other comprehensive income decreased equity by 10,818,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-46.29 Million -1.47%
Dividends Paid $22.83 Million -0.73%
Share Repurchases $186.00K -0.01%
Other Comprehensive Income $-10.82 Million -0.34%
Other Changes $18.11 Million +0.58%
Total Change $- -1.94%

Book Value vs Market Value Analysis

This analysis compares Paramount Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.46x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 3.83x to 0.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 $1.72 $6.60 x
2013-12-31 $1.32 $6.60 x
2014-12-31 $18.44 $6.60 x
2015-12-31 $17.73 $6.60 x
2016-12-31 $18.30 $6.60 x
2017-12-31 $17.67 $6.60 x
2018-12-31 $16.70 $6.60 x
2019-12-31 $16.35 $6.60 x
2020-12-31 $16.42 $6.60 x
2021-12-31 $16.41 $6.60 x
2022-12-31 $16.23 $6.60 x
2023-12-31 $14.77 $6.60 x
2024-12-31 $14.46 $6.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Paramount Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -1.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.11%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 2.51x
  • Recent ROE (-1.47%) is below the historical average (0.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 0.55% 4.23% 0.02x 6.21x $-39.75 Million
2013 5.13% 28.16% 0.02x 9.08x $-15.66 Million
2014 8.31% 77.38% 0.05x 2.31x $-66.19 Million
2015 -0.12% -0.67% 0.08x 2.34x $-380.52 Million
2016 -0.25% -1.45% 0.08x 2.22x $-408.93 Million
2017 2.07% 12.01% 0.08x 2.14x $-331.29 Million
2018 0.23% 1.21% 0.09x 2.19x $-390.93 Million
2019 -0.78% -3.85% 0.09x 2.31x $-408.18 Million
2020 -0.39% -1.98% 0.08x 2.34x $-379.44 Million
2021 -0.57% -2.80% 0.09x 2.37x $-379.17 Million
2022 -1.01% -4.92% 0.09x 2.35x $-395.63 Million
2023 -8.11% -34.97% 0.09x 2.50x $-580.07 Million
2024 -1.47% -6.11% 0.10x 2.51x $-360.42 Million

Industry Comparison

This section compares Paramount Group Inc's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

  • Industry: REIT - Office
  • Average net assets among peers: $1,287,555,700
  • Average return on equity (ROE) among peers: 2.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Paramount Group Inc (PGRE) $4.08 Billion 0.55% 0.96x $1.24 Billion
Allied Properties Real Estate Investment Trust (APYRF) $215.70 Million 3.58% 1.33x $973.59 Million
Alexandria Real Estate Equities Inc (ARE) $1.58 Billion 5.93% 1.94x $7.61 Billion
Brandywine Realty Trust (BDN) $1.69 Billion 2.03% 1.41x $496.31 Million
BTB Real Estate Investment Trust (BTBIF) $248.95 Million 11.32% 2.06x $199.14 Million
Boston Properties Inc (BXP) $3.00 Billion 14.79% 1.81x $7.87 Billion
COPT Defense Properties (CDP) $1.68 Billion 4.55% 1.53x $3.58 Billion
City Office (CIO) $772.63 Million -0.35% 0.96x $2.76 Million
CLS Holdings plc (CLIHF) $929.20 Million -26.88% 1.33x $263.93 Million
Creative Media & Community Trust Corporation (CMCT) $42.90 Million 0.00% 0.01x $114.98K
Cromwell Property Group (CMWCF) $2.71 Billion 9.71% 0.86x $445.64 Million