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Real Estate Credit Investments (LSE:RECI) Price-to-Tangible-Book : 0.81 (As of Jun. 14, 2024)


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What is Real Estate Credit Investments Price-to-Tangible-Book?

As of today (2024-06-14), Real Estate Credit Investments's share price is £1.20. Real Estate Credit Investments's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.48. Hence, Real Estate Credit Investments's Price to Tangible Book Ratio of today is 0.81.

The historical rank and industry rank for Real Estate Credit Investments's Price-to-Tangible-Book or its related term are showing as below:

LSE:RECI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 1   Max: 1.06
Current: 0.81

During the past 13 years, Real Estate Credit Investments's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.79. And the median was 1.00.

LSE:RECI's Price-to-Tangible-Book is ranked better than
73.73% of 1618 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:RECI: 0.81

A closely related ratio is called PB Ratio. As of today, Real Estate Credit Investments's share price is £1.20. Real Estate Credit Investments's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.48. Hence, Real Estate Credit Investments's P/B Ratio of today is 0.81.


Real Estate Credit Investments Price-to-Tangible-Book Historical Data

The historical data trend for Real Estate Credit Investments's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Real Estate Credit Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
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
Price-to-Tangible-Book 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 Price-to-Tangible-Book

For the Asset Management subindustry, Real Estate Credit Investments's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Credit Investments's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Real Estate Credit Investments's Price-to-Tangible-Book falls into.



Real Estate Credit Investments Price-to-Tangible-Book Calculation

Real Estate Credit Investments's price-to-tangible-book ratio for today is calculated as:

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


Be Aware

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


Real Estate Credit Investments Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Real Estate Credit Investments's Price-to-Tangible-Book 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

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