GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Real Estate Credit Investments Ltd (LSE:RECI) » Definitions » PB Ratio

Real Estate Credit Investments (LSE:RECI) PB Ratio : 0.81 (As of Jun. 14, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Real Estate Credit Investments PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-14), Real Estate Credit Investments's share price is £1.20. Real Estate Credit Investments's Book Value per Share for the quarter that ended in Sep. 2023 was £1.48. Hence, Real Estate Credit Investments's PB Ratio of today is 0.81.

Good Sign:

Real Estate Credit Investments Ltd stock PB Ratio (=0.8) is close to 3-year low of 0.78

The historical rank and industry rank for Real Estate Credit Investments's PB Ratio or its related term are showing as below:

LSE:RECI' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.99   Max: 1.12
Current: 0.8

During the past 13 years, Real Estate Credit Investments's highest PB Ratio was 1.12. The lowest was 0.64. And the median was 0.99.

LSE:RECI's PB Ratio is ranked better than
73.44% of 1683 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:RECI: 0.80

During the past 12 months, Real Estate Credit Investments's average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Real Estate Credit Investments was 1.20% per year. The lowest was -30.70% per year. And the median was -2.90% per year.

Back to Basics: PB Ratio


Real Estate Credit Investments PB Ratio Historical Data

The historical data trend for Real Estate Credit Investments's PB Ratio 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.

Real Estate Credit Investments PB Ratio Chart

Real Estate Credit Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.79 0.92 1.01 0.91

Real Estate Credit Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio 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 1.03 1.01 0.91 0.91 0.89

Competitive Comparison of Real Estate Credit Investments's PB Ratio

For the Asset Management subindustry, Real Estate Credit Investments'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.


Real Estate Credit Investments's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Credit Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where Real Estate Credit Investments's PB Ratio falls into.



Real Estate Credit Investments PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Real Estate Credit Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=1.20/1.477
=0.81

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Real Estate Credit Investments  (LSE:RECI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Real Estate Credit Investments PB Ratio Related Terms

Thank you for viewing the detailed overview of Real Estate Credit Investments's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Real Estate Credit Investments (LSE:RECI) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Real Estate Credit Investments Ltd is a closed-ended company registered in Guernsey. Its investment objective is to provide a levered exposure to a portfolio and stable returns in the form of quarterly dividends. The company seeks to ensure that its investment portfolio is geographically diverse and backed by a broad range of financial assets. It mainly invests in secured residential and commercial debt by exploiting opportunities in publicly traded securities and real estate loans. In order to achieve its objective, the company will invest in real estate debt investments such as securitized tranches of secured real estate-related debt securities. The company holds two reportable segments the Market Bond Portfolio and Bilateral Loan and Bond Portfolio.

Real Estate Credit Investments (LSE:RECI) Headlines

No Headlines