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LTC Properties (LTC Properties) Book Value per Share : $20.49 (As of Dec. 2023)


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What is LTC Properties Book Value per Share?

LTC Properties's book value per share for the quarter that ended in Dec. 2023 was $20.49.

During the past 12 months, LTC Properties's average Book Value Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LTC Properties was 19.60% per year. The lowest was -16.60% per year. And the median was 2.70% per year.

LTC Properties's current price is $32.56. Its book value per share for the quarter that ended in Dec. 2023 was $20.49. Hence, today's PB Ratio of LTC Properties is 1.59.

During the past 13 years, the highest P/B Ratio of LTC Properties was 3.40. The lowest was 1.34. And the median was 2.23.

Good Sign:

LTC Properties Inc stock PB Ratio (=1.59) is close to 3-year low of 1.51


LTC Properties Book Value per Share Historical Data

The historical data trend for LTC Properties's Book Value per Share 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.

LTC Properties Book Value per Share Chart

LTC Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.55 19.56 18.71 20.08 20.49

LTC Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share 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 20.08 20.26 19.92 19.93 20.49

Competitive Comparison of LTC Properties's Book Value per Share

For the REIT - Healthcare Facilities subindustry, LTC 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.


LTC Properties's PB Ratio Distribution in the REITs Industry

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

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



LTC Properties Book Value per Share Calculation

LTC Properties's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(881.3-0.0)/43.0
=20.48

LTC Properties's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(881.3-0.0)/43.0
=20.48

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


LTC Properties  (NYSE:LTC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


LTC Properties Book Value per Share Related Terms

Thank you for viewing the detailed overview of LTC Properties's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LTC Properties (LTC Properties) Business Description

Traded in Other Exchanges
Address
2829 Townsgate Road, Suite 350, Westlake Village, CA, USA, 91361
LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.
Executives
Boyd W Hendrickson director 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Pamela Shelley-kessler officer: VP & Controller 300 ESPLANADE DR #1860, OXNARD CA 93036
David L Gruber director 2829 TOWNSGATE RD, STE 350, WESTLAKE VILLAGE CA 91361
Wendy Simpson director, officer: CFO & Treasurer 300 ESPLANADE DR #1860, OXNARD CA 93036
Caroline Wong officer: VP, Controller & Treasurer 2829 TOWNSGATE RD, SUITE 350, WESTLAKE VILLAGE CA 91361
Timothy Triche director 2358 NORTH VERMONT AVE, LOS ANGELES CA 90027
Cheng Cornelia director 2829 TOWNSGATE RD, STE 350, STE 350, WESTLAKE VILLAGE CA 91361
James Pieczynski director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Clint B Malin officer: VP & CIO 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265
Brent P. Chappell officer: SVP, Inv. & Portfolio Mgmt 2829 TOWNSGATE RD #350, WESTLAKE VILLAGE CA 91361
Edmund King director 258 VINEYARD LANE, MESQUITE NV 89027
Thomas Andrew Stokes officer: VP, Marketing/Strat. Planning 31365 OAK CREST DRIVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Peter G Lyew officer: VP, Director of Taxes 31365 OAK CREST DRVE, SUITE 200, WESTLAKE VILLAGE CA 91361
Andre C Dimitriadis director, officer: CEO and President 9955 SE WASHINTON, SUITE 201, PORTLAND OR 97216
Devra G Shapiro director C/O IPC THE HOSPITALIST COMPANY, INC., 4605 LANKERSHIM BLVD SUITE 617, NORTH HOLLYWOOD CA 91602