Clipper Realty (NYSE:CLPR) Book Value per Share

: $0.62 (As of Mar. 2023)

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Clipper Realty's book value per share for the quarter that ended in Mar. 2023 was $0.62.

During the past 12 months, Clipper Realty's average Book Value Per Share Growth Rate was -53.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -35.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -25.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Clipper Realty was 27.70% per year. The lowest was -35.10% per year. And the median was -0.70% per year.

Clipper Realty's current price is $5.70. Its book value per share for the quarter that ended in Mar. 2023 was $0.62. Hence, today's PB Ratio of Clipper Realty is 9.15.

During the past 9 years, the highest P/B Ratio of Clipper Realty was 9.44. The lowest was 1.44. And the median was 3.35.

Warning Sign:

Clipper Realty Inc stock PB Ratio (=9.36) is close to 10-year high of 9.44

Clipper Realty Book Value per Share Historical Data

The historical data trend for Clipper Realty's Book Value per Share 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.

Clipper Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Book Value per Share

3.66

3.21

2.46

1.65

0.88

Clipper Realty Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Book Value per Share																1.34	1.19	1.04	0.88	0.62

Competitive Comparison

For the REIT - Residential subindustry, Clipper Realty's Book Value per Share, along with its competitors' market caps and Book Value per Share 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.

Annual Data Quarterly Data

Clipper Realty Book Value per Share Distribution

For the REITs industry and Real Estate sector, Clipper Realty's Book Value per Share distribution charts can be found below:

* The bar in red indicates where Clipper Realty's Book Value per Share falls in comparison to its industry or sector. The grey bar indicates the Book Value per Share's extreme value range as defined by GuruFocus.

Clipper Realty Book Value per Share Calculation

Clipper Realty's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(14.1	-	0.0)	/	16.1
	=	0.88

Clipper Realty's Book Value Per Share for the quarter that ended in Mar. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(10.0	-	0.0)	/	16.1
	=	0.62

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Clipper Realty (NYSE:CLPR) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Clipper Realty Book Value per Share Related Terms

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Clipper Realty (NYSE:CLPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Clipper Realty Inc (NYSE:CLPR) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

4611 12th Avenue, Suite 1L, Brooklyn, NY, USA, 11219

Website

https://www.clipperrealty.com

Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into commercial and residential rental properties. Clipper derives its revenue mostly from a Residential segment.

Executives

Michael Charles Frenz	officer: Chief Financial Officer	C/O CLIPPER REALTY INC, 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Howard M Lorber	director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Roberto Angelo Verrone	director	200 HIGHLAND AVENUE, SHORT HILLS NJ 07078
Robert Jay Ivanhoe	director	GREENBERG TRAURIG, LLP, 200 PARK AVENUE, NEW YORK NY 10166
Richard N Burger	director	P.O. BOX 28543, SCOTTSDALE AZ 85255
Harmon Spolan	director	OOZEN O CONNOR, 1900 MARKET ST 4TH FL, PHILADELPHIA PA 19103
Lawrence E Kreider	officer: Chief Financial Officer	600 GRANT STREET, SUITE 900, DENVER CO 80203
Sam Levinson	director, 10 percent owner	9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240
David Bistricer	director, 10 percent owner, officer: Co-Chairman and CEO	PO BOX 407, BROOKLIN NY 11219
Jacob Bistricer	officer: Chief Operating Officer	4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Jacob Schwimmer	officer: Chief PM Offcier	1738 47TH STREET, BROOKLYN NY 11204