What is PennyMac Mortgage Investment Trust Price-to-Tangible-Book?
As of today (2024-04-24), PennyMac Mortgage Investment Trust's share price is $13.72. PennyMac Mortgage Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-28.90. Hence, PennyMac Mortgage Investment Trust's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for PennyMac Mortgage Investment Trust's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, PennyMac Mortgage Investment Trust's highest Price to Tangible Book Ratio was 10.91. The lowest was 1.09. And the median was 2.46.
PMT's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.84 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, PennyMac Mortgage Investment Trust's share price is $13.72. PennyMac Mortgage Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.34. Hence, PennyMac Mortgage Investment Trust's P/B Ratio of today is 0.84.
PennyMac Mortgage Investment Trust Price-to-Tangible-Book Historical Data
The historical data trend for PennyMac Mortgage Investment Trust'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.
Competitive Comparison of PennyMac Mortgage Investment Trust's Price-to-Tangible-Book
For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust'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.
PennyMac Mortgage Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PennyMac Mortgage Investment Trust's Price-to-Tangible-Book falls into.
* 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.
PennyMac Mortgage Investment Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of PennyMac Mortgage Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.
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