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NexPoint Real Estate Finance (NexPoint Real Estate Finance) Price-to-Tangible-Book : 0.66 (As of May. 12, 2024)


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What is NexPoint Real Estate Finance Price-to-Tangible-Book?

As of today (2024-05-12), NexPoint Real Estate Finance's share price is $13.36. NexPoint Real Estate Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.16. Hence, NexPoint Real Estate Finance's Price to Tangible Book Ratio of today is 0.66.

The historical rank and industry rank for NexPoint Real Estate Finance's Price-to-Tangible-Book or its related term are showing as below:

NREF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65   Med: 0.73   Max: 0.78
Current: 0.66

During the past 8 years, NexPoint Real Estate Finance's highest Price to Tangible Book Ratio was 0.78. The lowest was 0.65. And the median was 0.73.

NREF's Price-to-Tangible-Book is ranked better than
70.61% of 837 companies
in the REITs industry
Industry Median: 0.84 vs NREF: 0.66

A closely related ratio is called PB Ratio. As of today, NexPoint Real Estate Finance's share price is $13.36. NexPoint Real Estate Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.16. Hence, NexPoint Real Estate Finance's P/B Ratio of today is 0.66.


NexPoint Real Estate Finance Price-to-Tangible-Book Historical Data

The historical data trend for NexPoint Real Estate Finance'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.

NexPoint Real Estate Finance Price-to-Tangible-Book Chart

NexPoint Real Estate Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 0.65 0.74 0.71 0.78

NexPoint Real Estate Finance Quarterly Data
Mar17 Jun17 Sep17 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.71 0.72 0.82 0.78

Competitive Comparison of NexPoint Real Estate Finance's Price-to-Tangible-Book

For the REIT - Mortgage subindustry, NexPoint Real Estate Finance'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.


NexPoint Real Estate Finance's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where NexPoint Real Estate Finance's Price-to-Tangible-Book falls into.



NexPoint Real Estate Finance Price-to-Tangible-Book Calculation

NexPoint Real Estate Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=13.36/20.156
=0.66

* 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.


NexPoint Real Estate Finance Price-to-Tangible-Book Related Terms

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


NexPoint Real Estate Finance (NexPoint Real Estate Finance) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Real Estate Finance Inc is a real estate investment trust. It provides structured financing solutions by investing in mid-sized multifamily, storage and select-service, and extended-stay hospitality properties. Its investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term.
Executives
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts director, 10 percent owner, officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Real Estate Opportunities, Llc 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain director C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero director, officer: President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653