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Hatteras Financial (Hatteras Financial) PB Ratio : 0.87 (As of May. 13, 2024)


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What is Hatteras Financial 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 (2024-05-13), Hatteras Financial's share price is $16.29. Hatteras Financial's Book Value per Share for the quarter that ended in Mar. 2016 was $18.69. Hence, Hatteras Financial's PB Ratio of today is 0.87.

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

HTS'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


Hatteras Financial PB Ratio Historical Data

The historical data trend for Hatteras Financial'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.

Hatteras Financial PB Ratio Chart

Hatteras Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.97 0.88 0.76 0.83 0.68

Hatteras Financial Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.82 0.77 0.77 0.68 0.76

Competitive Comparison of Hatteras Financial's PB Ratio

For the REIT - Residential subindustry, Hatteras Financial'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.


Hatteras Financial's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Hatteras Financial's PB Ratio falls into.



Hatteras Financial 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.

Hatteras Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2016)
=16.29/18.694
=0.87

* 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.


Hatteras Financial  (NYSE:HTS) 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.


Hatteras Financial PB Ratio Related Terms

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


Hatteras Financial (Hatteras Financial) Business Description

Traded in Other Exchanges
N/A
Address
Hatteras Financial Corp a Maryland Corp was incorporated on September 19, 2007. The Company is an externally-managed mortgage REIT that invests primarily in single-family residential mortgage real estate assets. In acquiring agency securities, the Company competes with mortgage REITs, mortgage finance and specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, other lenders, governmental bodies and other entities.
Executives
Jeffrey Douglas Miller director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Vicki W Mcelreath director PO BOX 33068, CHARLOTTE NC 28233
Michael R Hough director, officer: Chief Executive Officer 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Benjamin M Hough director, officer: President 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Thomas D Wren director C/O RAIT FINANCIAL TRUST, 2 LOGAN SQUARE, 100 N. 18TH ST., 23RD FL, PHILADELPHIA PA 19103
David W Berson director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Boos Frederick J Ii officer: Chief Investment Officer 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Kenneth A Steele officer: Chief Financial Officer 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Ira G Kawaller director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Nutt William V Jr director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Michael P Lau officer: President of Wind River 751 W. FOURTH STREET, SUITE 400, WINSTON-SALEM NC 27101
Gibbs William H Jr officer: EVP and Co-CIO 110 OAKWOOD DRIVE, SUITE 340, WINSTON SALEM NC 27103