New York Mortgage Trust (New York Mortgage Trust) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)

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What is New York Mortgage Trust Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

New York Mortgage Trust does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

New York Mortgage Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for New York Mortgage Trust's Cyclically Adjusted 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.

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New York Mortgage Trust Cyclically Adjusted PB Ratio Chart

New York Mortgage Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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0.88

0.54

0.37

0.33

New York Mortgage Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.37	0.36	0.37	0.32	0.33

Competitive Comparison of New York Mortgage Trust's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, New York Mortgage Trust's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.

New York Mortgage Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where New York Mortgage Trust's Cyclically Adjusted PB Ratio falls into.

New York Mortgage Trust Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

New York Mortgage Trust does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

New York Mortgage Trust (NAS:NYMTP.PFD) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.

New York Mortgage Trust Cyclically Adjusted PB Ratio Related Terms

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

New York Mortgage Trust (New York Mortgage Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New York Mortgage Trust Inc (NAS:NYMTP.PFD) » Definitions » Cyclically Adjusted PB Ratio

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Traded in Other Exchanges

NYMTM.PFD:USA NYMTN.PFD:USA NYMT:USA NKZ0:Germany

Address

90 Park Avenue, New York, NY, USA, 10016

Website

https://www.nymtrust.com

New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.