GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AG Mortgage Investment Trust Inc (NYSE:MITT) » Definitions » Book Value per Share

AG Mortgage Investment Trust (AG Mortgage Investment Trust) Book Value per Share : $10.46 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is AG Mortgage Investment Trust Book Value per Share?

AG Mortgage Investment Trust's book value per share for the quarter that ended in Dec. 2023 was $10.46.

During the past 12 months, AG Mortgage Investment Trust's average Book Value Per Share Growth Rate was -8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -29.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.20% 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 AG Mortgage Investment Trust was -0.50% per year. The lowest was -40.50% per year. And the median was -3.90% per year.

AG Mortgage Investment Trust's current price is $5.65. Its book value per share for the quarter that ended in Dec. 2023 was $10.46. Hence, today's PB Ratio of AG Mortgage Investment Trust is 0.54.

During the past 13 years, the highest P/B Ratio of AG Mortgage Investment Trust was 1.96. The lowest was 0.22. And the median was 0.89.


AG Mortgage Investment Trust Book Value per Share Historical Data

The historical data trend for AG Mortgage Investment Trust'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.

AG Mortgage Investment Trust Book Value per Share Chart

AG Mortgage Investment Trust 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 52.83 12.40 14.64 11.39 10.46

AG Mortgage Investment Trust 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 11.39 11.85 11.89 11.37 10.46

Competitive Comparison of AG Mortgage Investment Trust's Book Value per Share

For the REIT - Mortgage subindustry, AG Mortgage Investment Trust'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.


AG Mortgage Investment Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AG Mortgage Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where AG Mortgage Investment Trust's PB Ratio falls into.



AG Mortgage Investment Trust Book Value per Share Calculation

AG Mortgage Investment Trust'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)
=(528.37-220.47)/29.44
=10.46

AG Mortgage Investment Trust'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)
=(528.37-220.47)/29.44
=10.46

* 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.


AG Mortgage Investment Trust  (NYSE:MITT) 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.


AG Mortgage Investment Trust Book Value per Share Related Terms

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


AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.
Executives
Matthew Jozoff director C/O AG MORTGAGE INVESTMENT TRUST, INC., 245 PARK AVENUE, FL. 26, NEW YORK NY 10167
Joseph Lamanna director 226 NORTH LINCOLN STREET, HINSDALE IL 60521
David N Roberts director, officer: Chief Executive Officer 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Nicholas P Smith officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENEUE, 26TH FL., NEW YORK NY 10167
Jenny B Neslin officer: General Counsel & Secretary C/O NORTHSTAR ASSET MANAGEMENT GROUP, 399 PARK AVENUE 18TH FLOOR, NEW YORK NY 10022
Anthony William Rossiello officer: Chief Financial Officer 245 PARK AVENUE 26TH FLOOR, C/O ANGELO, GORDON & CO., L.P., NEW YORK NY 10167
Dianne Hurley director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Thomas Durkin director, officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Alison Halpern officer: Chief Accounting Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Brian Chad Sigman officer: Chief Financial Officer 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Debra Ann Hess director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Andrew L Berger director 860 UNITED NATIONS PLAZA, #15G, NEW YORK NY 10017
Arthur S Ainsberg director C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Raul Enrique Moreno officer: General Counsel and Secretary C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167