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Dynex Capital (Dynex Capital) Price-to-Tangible-Book : 0.89 (As of Apr. 30, 2024)


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What is Dynex Capital Price-to-Tangible-Book?

As of today (2024-04-30), Dynex Capital's share price is $11.80. Dynex Capital's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $13.26. Hence, Dynex Capital's Price to Tangible Book Ratio of today is 0.89.

The historical rank and industry rank for Dynex Capital's Price-to-Tangible-Book or its related term are showing as below:

DX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64   Med: 0.93   Max: 0.99
Current: 0.89

During the past 13 years, Dynex Capital's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.64. And the median was 0.93.

DX's Price-to-Tangible-Book is ranked worse than
54.95% of 839 companies
in the REITs industry
Industry Median: 0.84 vs DX: 0.89

A closely related ratio is called PB Ratio. As of today, Dynex Capital's share price is $11.80. Dynex Capital's Book Value per Sharefor the quarter that ended in Mar. 2024 was $13.26. Hence, Dynex Capital's P/B Ratio of today is 0.89.


Dynex Capital Price-to-Tangible-Book Historical Data

The historical data trend for Dynex Capital's Price-to-Tangible-Book 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.

Dynex Capital Price-to-Tangible-Book Chart

Dynex Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.92 0.92 0.86 0.94

Dynex Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.88 0.97 0.94 0.94

Competitive Comparison of Dynex Capital's Price-to-Tangible-Book

For the REIT - Mortgage subindustry, Dynex Capital's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Dynex Capital's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dynex Capital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dynex Capital's Price-to-Tangible-Book falls into.



Dynex Capital Price-to-Tangible-Book Calculation

Dynex Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.80/13.259
=0.89

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


Be Aware

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


Dynex Capital Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dynex Capital's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Dynex Capital (Dynex Capital) Business Description

Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is a real estate investment trust. The company primarily invests in residential and commercial mortgage-backed securities. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Executives
David H. Stevens director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Joy D Palmer director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Michael R Hughes director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Robert S Colligan officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Jeffrey L Childress officer: Vice President and Controller C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DR., SUITE 100, GLEN ALLEN VA 23060
Byron L Boston director, officer: CEO and Co-CIO 4231 WALNUT RD, JACKSONVILLE FL 32257
Smriti Laxman Popenoe officer: President and Co-CIO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Stephen J Benedetti officer: Exec. V.P., CFO, Treas & Sec.
Barry Igdaloff director
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Wheat James C Iii director 901 EAST BYRD STREET 13TH FLOOR, RIVERFRONT PLAZA, RICHMOND VA 23219
Daniel K Osborne director 4551 COX ROAD, SUITE 300, GLEN ALLEN VA 23060