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Lument Finance Trust (Lument Finance Trust) Price-to-Tangible-Book : 0.68 (As of Apr. 28, 2024)


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What is Lument Finance Trust Price-to-Tangible-Book?

As of today (2024-04-28), Lument Finance Trust's share price is $2.37. Lument Finance Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.50. Hence, Lument Finance Trust's Price to Tangible Book Ratio of today is 0.68.

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

LFT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54   Med: 0.72   Max: 0.91
Current: 0.68

During the past 12 years, Lument Finance Trust's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.54. And the median was 0.72.

LFT's Price-to-Tangible-Book is ranked better than
67.9% of 841 companies
in the REITs industry
Industry Median: 0.83 vs LFT: 0.68

A closely related ratio is called PB Ratio. As of today, Lument Finance Trust's share price is $2.37. Lument Finance Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.51. Hence, Lument Finance Trust's P/B Ratio of today is 0.68.


Lument Finance Trust Price-to-Tangible-Book Historical Data

The historical data trend for Lument Finance Trust'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.

Lument Finance Trust Price-to-Tangible-Book Chart

Lument Finance Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.86 0.54 0.67

Lument Finance Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.54 0.58 0.55 0.60 0.67

Competitive Comparison of Lument Finance Trust's Price-to-Tangible-Book

For the REIT - Mortgage subindustry, Lument Finance Trust'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.


Lument Finance Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Lument Finance Trust's Price-to-Tangible-Book falls into.



Lument Finance Trust Price-to-Tangible-Book Calculation

Lument Finance Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.37/3.498
=0.68

* 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.


Lument Finance Trust Price-to-Tangible-Book Related Terms

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


Lument Finance Trust (Lument Finance Trust) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
Executives
William A Houlihan director 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
James J Henson officer: PRESIDENT LUMENT FINANCE TRUST, INC., 10 W BROAD ST., 8TH FLOOR, COLUMBUS OH 43215
Walter C Keenan director C/O FIVE OAKS INVESTMENT CORP., 540 MADISON AVE, 19TH FLOOR, NEW YORK NY 10022
James Christopher Hunt director 4401 NORTH MESA, EL PASO TX 79902
James A Briggs officer: Chief Financial Officer C/O HUNT COMPANIES FINANCE TRUST INC., 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
James Peter Flynn officer: Chief Executive Officer 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Companies, Inc. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Orec Investment Holdings, Llc 10 percent owner 2001 ROSS AVENUE, SUITE 1900, DALLAS TX 75201
Hunt Capital Holdings Investments, Llc 10 percent owner 4401 NORTH MESA STREET, EL PASO TX 79902
Hunt Companies Equity Holdings, Llc 10 percent owner 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Company, Llc 10 percent owner 9120 DOUBLE DIAMOND PARKWAY, RENO NV 89521
Hb Gp, Llc 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Hunt Elp, Ltd. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Woody L Hunt 10 percent owner 4401 NORTH MESA, EL PASO TX 79902