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Blackstone Mortgage Trust (Blackstone Mortgage Trust) PB Ratio : 0.75 (As of Apr. 27, 2024)


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What is Blackstone Mortgage Trust 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 (2024-04-27), Blackstone Mortgage Trust's share price is $17.91. Blackstone Mortgage Trust's Book Value per Share for the quarter that ended in Mar. 2024 was $23.88. Hence, Blackstone Mortgage Trust's PB Ratio of today is 0.75.

The historical rank and industry rank for Blackstone Mortgage Trust's PB Ratio or its related term are showing as below:

BXMT' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.12   Max: 1.44
Current: 0.75

During the past 13 years, Blackstone Mortgage Trust's highest PB Ratio was 1.44. The lowest was 0.56. And the median was 1.12.

BXMT's PB Ratio is ranked better than
59.15% of 852 companies
in the REITs industry
Industry Median: 0.83 vs BXMT: 0.75

During the past 12 months, Blackstone Mortgage Trust's average Book Value Per Share Growth Rate was -9.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone Mortgage Trust was 67.90% per year. The lowest was -18.40% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Blackstone Mortgage Trust PB Ratio Historical Data

The historical data trend for Blackstone Mortgage Trust'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.

Blackstone Mortgage Trust PB Ratio Chart

Blackstone Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.04 1.12 0.80 0.84

Blackstone Mortgage Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.68 0.79 0.84 0.84 0.83

Competitive Comparison of Blackstone Mortgage Trust's PB Ratio

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust'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.


Blackstone Mortgage Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackstone Mortgage Trust's PB Ratio falls into.



Blackstone Mortgage Trust 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.

Blackstone Mortgage Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=17.91/23.878
=0.75

* 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.


Blackstone Mortgage Trust  (NYSE:BXMT) 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.


Blackstone Mortgage Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Blackstone Mortgage Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone Mortgage Trust (Blackstone Mortgage Trust) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.
Executives
Marone Anthony F. Jr officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Katharine A Keenan director, officer: CEO & President C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Lynne B Sagalyn director
Leonard W Cotton director 625 MADISON AVENUE, NEW YORK NY 10022
Henry N Nassau director 435 DEVON PARK DR, BLDG 600, WAYNE PA 19087
Thomas E Dobrowski director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Timothy Steven Johnson director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael B. Nash director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Jonathan Lee Pollack director C/O BLACKSTONE MORTGAGE TRUST, INC., 345 PARK AVE., 42ND FLOOR, NEW YORK NY 10154
Douglas N. Armer officer: Principal and Treasurer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Stephen D Plavin director, officer: CEO OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY SUITE 350, ANN ARBOR MI 48108
Thomas C Ruffing officer: CCO, Head of Asset Management C/O CAPITAL TRUST, INC. 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Paul D Quinlan officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154