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Home Properties (Home Properties) PB Ratio : 2.62 (As of Apr. 25, 2024)


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What is Home Properties 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 (2024-04-25), Home Properties's share price is $75.24. Home Properties's Book Value per Share for the quarter that ended in Jun. 2015 was $28.70. Hence, Home Properties's PB Ratio of today is 2.62.

The historical rank and industry rank for Home Properties's PB Ratio or its related term are showing as below:

HME's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.835
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Home Properties PB Ratio Historical Data

The historical data trend for Home Properties'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.

Home Properties PB Ratio Chart

Home Properties Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 2.41 2.39 1.87 2.29

Home Properties Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 2.25 2.07 2.29 2.40 2.55

Competitive Comparison of Home Properties's PB Ratio

For the REIT - Residential subindustry, Home Properties'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.


Home Properties's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Home Properties's PB Ratio falls into.



Home Properties 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.

Home Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2015)
=75.24/28.699
=2.62

* 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.


Home Properties  (NYSE:HME) 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.


Home Properties PB Ratio Related Terms

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


Home Properties (Home Properties) Business Description

Traded in Other Exchanges
N/A
Address
Home Properties Inc was formed in November 1993, as a Maryland corporation. The Company completed an initial public offering on August 4, 1994 It is a self-administered and self-managed real estate investment trust. It owns, operates, acquires, develops and rehabilitates apartment communities. The Company's properties are regionally focused, primarily in selected Northeast and Mid-Atlantic regions of the United States. The Company competes with other real estate investors in seeking property for acquisition and development. These competitors include pension and investment funds, insurance companies, private investors, local owners and developers, and other apartment REITs.
Executives
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Michael D Barnello director LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Stephen R Blank director 201 W NORTH RIVER DRIVE SUITE 100, SPOKANE WA 99201
Alan L Gosule director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Lydon Thomas P Jr director HOME PROPERTIES, INC., 850 CLINTON SQUARE, ROCHESTER NY 14604
Edward J Pettinella director, officer: CEO C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Amy L Tait director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Josh E Fidler director 4750 OWINGS MILLS BLVD., OWINGS MILLS MD 21117
Paul L Smith director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Thomas S Summer director C/O CONSTELLATION BRANDS, INC., 370 WOODCLIFF DRIVE, SUITE 300, FAIRPORT NY 14450

Home Properties (Home Properties) Headlines

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