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MTGE Investment (MTGE Investment) Price-to-Tangible-Book : 1.02 (As of May. 11, 2024)


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What is MTGE Investment Price-to-Tangible-Book?

As of today (2024-05-11), MTGE Investment's share price is $19.80. MTGE Investment's Tangible Book per Share of Jun. 2018 for the quarter that ended in Jun. 2018 was $19.32. Hence, MTGE Investment's Price to Tangible Book Ratio of today is 1.02.

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

MTGE's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, MTGE Investment's share price is $19.80. MTGE Investment's Book Value per Sharefor the quarter that ended in Jun. 2018 was $19.45. Hence, MTGE Investment's P/B Ratio of today is 1.02.


MTGE Investment Price-to-Tangible-Book Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Price-to-Tangible-Book Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.82 0.94 0.78 0.87 0.90

MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.94 0.95 0.90 0.91 1.01

Competitive Comparison of MTGE Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, MTGE Investment'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.


MTGE Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where MTGE Investment's Price-to-Tangible-Book falls into.



MTGE Investment Price-to-Tangible-Book Calculation

MTGE Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2018 )
=19.80/19.323
=1.02

* 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.


MTGE Investment Price-to-Tangible-Book Related Terms

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


MTGE Investment (MTGE Investment) Business Description

Traded in Other Exchanges
N/A
Address
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and CFO AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Kenneth L. Pollack officer: SVP, CCO and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Christopher Kuehl officer: EVP and CIO AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
Peter J Federico officer: EVP and CFO AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Gary D Kain director, officer: Dir., CEO, President and CIO AMERICAN CAPITAL, LTD., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Morris A. Davis director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Larry K Harvey director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO, 12TH FLOOR, BETHESDA MD 20814
John R Erickson director 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814