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 (2024-04-23), Chimera Investment's share price is $4.185. Chimera Investment's Book Value per Share for the quarter that ended in Dec. 2023 was $10.60. Hence, Chimera Investment's PB Ratio of today is 0.39.
Good Sign:
Chimera Investment Corp stock PB Ratio (=0.39) is close to 10-year low of 0.38
The historical rank and industry rank for Chimera Investment's PB Ratio or its related term are showing as below:
CIM'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.89 Max: 1.21
Current: 0.39
During the past 13 years, Chimera Investment's highest PB Ratio was 1.21. The lowest was 0.38. And the median was 0.89.
CIM's PB Ratio is ranked better than 90.43% of 857
companies
in the REITs industry
Industry Median: 0.84
vs CIM: 0.39
During the past 12 months, Chimera Investment's average Book Value Per Share Growth Rate was -7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chimera Investment was 8.30% per year. The lowest was -37.00% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
Chimera Investment PB Ratio Historical Data
The historical data trend for Chimera Investment'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.
For the REIT - Mortgage subindustry, Chimera Investment'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.
Chimera Investment PB Ratio Distribution
For the REITs industry and Real Estate sector, Chimera Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chimera Investment's PB Ratio falls into.
Chimera Investment 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.
Chimera Investment's PB Ratio for today is calculated as follows:
* 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.
Chimera Investment (NYSE:CIM) PB Ratio Explanation
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.
Chimera Investment PB Ratio Related Terms
Thank you for viewing the detailed overview of Chimera Investment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Chimera Investment (Chimera Investment) Business Description
Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. The company generates nearly all of its income from interest payments derived from its investments.
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