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American Residential Properties (American Residential Properties) PB Ratio : 0.98 (As of May. 06, 2024)


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What is American Residential Properties PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-06), American Residential Properties's share price is $15.89. American Residential Properties's Book Value per Share for the quarter that ended in Sep. 2015 was $16.21. Hence, American Residential Properties's PB Ratio of today is 0.98.

The historical rank and industry rank for American Residential Properties's PB Ratio or its related term are showing as below:

ARPI's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


American Residential Properties PB Ratio Historical Data

The historical data trend for American Residential Properties's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Residential Properties PB Ratio Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
PB Ratio
- 0.92 1.01

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.01 1.05 1.11 1.07

Competitive Comparison of American Residential Properties's PB Ratio

For the REIT - Residential subindustry, American Residential Properties's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Residential Properties's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Residential Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where American Residential Properties's PB Ratio falls into.



American Residential Properties PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

American Residential Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2015)
=15.89/16.213
=0.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


American Residential Properties  (NYSE:ARPI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


American Residential Properties PB Ratio Related Terms

Thank you for viewing the detailed overview of American Residential Properties's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


American Residential Properties (American Residential Properties) Business Description

Traded in Other Exchanges
N/A
Address
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

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