Clipper Realty (NYSE:CLPR) Price-to-Tangible-Book

: 22.69 (As of Today)

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As of today (2023-05-29), Clipper Realty's share price is $5.40. Clipper Realty's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $0.24. Hence, Clipper Realty's Price to Tangible Book Ratio of today is 22.69.

The historical rank and industry rank for Clipper Realty's Price-to-Tangible-Book or its related term are showing as below:

CLPR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.96 Med: 3.87 Max: 24.12
Current: 22.5

During the past 9 years, Clipper Realty's highest Price to Tangible Book Ratio was 24.12. The lowest was 1.96. And the median was 3.87.

CLPR's Price-to-Tangible-Book is ranked worse than
99.86% of 739 companies
in the REITs industry
Industry Median: 0.81 vs CLPR: 22.50

A closely related ratio is called PB Ratio. As of today, Clipper Realty's share price is $5.40. Clipper Realty's Book Value per Sharefor the quarter that ended in Mar. 2023 was $0.62. Hence, Clipper Realty's P/B Ratio of today is 8.67.

Clipper Realty Price-to-Tangible-Book Historical Data

The historical data trend for Clipper Realty'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.

Clipper Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

4.19

3.87

3.53

8.09

13.14

Clipper Realty Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Price-to-Tangible-Book																9.78	9.90	10.89	13.14	24.12

Competitive Comparison

For the REIT - Residential subindustry, Clipper Realty'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.

Annual Data Quarterly Data

Clipper Realty Price-to-Tangible-Book Distribution

For the REITs industry and Real Estate sector, Clipper Realty's Price-to-Tangible-Book distribution charts can be found below:

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

Clipper Realty Price-to-Tangible-Book Calculation

Clipper Realty's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	5.40	/	0.238
	=	22.69

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Clipper Realty Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Clipper Realty's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Clipper Realty (NYSE:CLPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Clipper Realty Inc (NYSE:CLPR) » Definitions » Price-to-Tangible-Book

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