As of today (2024-04-23), UMH Properties's share price is $15.59. UMH Properties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.10. Hence, UMH Properties's Price to Tangible Book Ratio of today is 2.56.
The historical rank and industry rank for UMH Properties's Price-to-Tangible-Book or its related term are showing as below:
UMH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.99 Med: 3.12 Max: 6.61
Current: 2.56
During the past 13 years, UMH Properties's highest Price to Tangible Book Ratio was 6.61. The lowest was 1.99. And the median was 3.12.
UMH's Price-to-Tangible-Book is ranked worse than 95.51% of 846
companies
in the REITs industry
Industry Median: 0.84
vs UMH: 2.56
A closely related ratio is called PB Ratio. As of today, UMH Properties's share price is $15.59. UMH Properties's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.10. Hence, UMH Properties's P/B Ratio of today is 2.56.
UMH Properties Price-to-Tangible-Book Historical Data
The historical data trend for UMH Properties'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.
For the REIT - Residential subindustry, UMH Properties'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.
UMH Properties Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, UMH Properties's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where UMH Properties's Price-to-Tangible-Book falls into.
UMH Properties Price-to-Tangible-Book Calculation
UMH Properties's price-to-tangible-book ratio for today is calculated as:
* 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.
UMH Properties Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of UMH Properties's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
UMH Properties (UMH Properties) Business Description
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.
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