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Farmland Partners (Farmland Partners) Price-to-Tangible-Book

: 0.99 (As of Today)
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As of today (2024-04-18), Farmland Partners's share price is $10.58. Farmland Partners's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.65. Hence, Farmland Partners's Price to Tangible Book Ratio of today is 0.99.

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

FPI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47   Med: 1.17   Max: 1.21
Current: 0.99

During the past 12 years, Farmland Partners's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.47. And the median was 1.17.

FPI's Price-to-Tangible-Book is ranked worse than
65.36% of 843 companies
in the REITs industry
Industry Median: 0.83 vs FPI: 0.99

A closely related ratio is called PB Ratio. As of today, Farmland Partners's share price is $10.58. Farmland Partners's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.75. Hence, Farmland Partners's P/B Ratio of today is 0.98.


Farmland Partners Price-to-Tangible-Book Historical Data

The historical data trend for Farmland Partners'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.

Farmland Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.92 1.20 1.17 1.17

Farmland Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 1.17 1.02 1.16 0.97 1.17

Competitive Comparison

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners Price-to-Tangible-Book Distribution

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

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



Farmland Partners Price-to-Tangible-Book Calculation

Farmland Partners's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=10.58/10.648
=0.99

* 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.


Farmland Partners Price-to-Tangible-Book Related Terms

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


Farmland Partners (Farmland Partners) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.
Executives
Paul A Pittman director, officer: President and CEO 4910 BIRCH ST., SUITE 102, NEWPORT BEACH CA 92660
Jennifer S Grafton director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Murray R Wise director 2407 S NEIL PO BOX 3009, CHAMPAIGN IL 61826
Luca Fabbri officer: CFO, Secretary and Treasurer C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Christine M. Garrison officer: General Counsel and Secretary C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
John A Good director C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
Danny D. Moore director C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
James Gilligan officer: Chief Financial Officer C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Thomas Heneghan director C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVER PLAZA #800, CHICAGO IL 60606
Toby Orourke director FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Erica Borenstein officer: General Counsel and Secretary C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Chris A Downey director C/O FARMLAND PARTNERS INC., : 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Jay Bartels director C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Joseph W Glauber director FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Dennie Dixon Boardman director C/O OPTIMA FUND MANAGEMENT LLC, 10 EAST 53RD STREET, NEW YORK NY 10022