As of today (2024-04-19), New York Mortgage Trust's share price is $6.82. New York Mortgage Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.49. Hence, New York Mortgage Trust's Price to Tangible Book Ratio of today is 0.59.
The historical rank and industry rank for New York Mortgage Trust's Price-to-Tangible-Book or its related term are showing as below:
NYMT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 0.93 Max: 1.11
Current: 0.59
During the past 13 years, New York Mortgage Trust's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.59. And the median was 0.93.
NYMT's Price-to-Tangible-Book is ranked better than 76.63% of 843
companies
in the REITs industry
Industry Median: 0.83
vs NYMT: 0.59
A closely related ratio is called PB Ratio. As of today, New York Mortgage Trust's share price is $6.82. New York Mortgage Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.52. Hence, New York Mortgage Trust's P/B Ratio of today is 0.59.
New York Mortgage Trust Price-to-Tangible-Book Historical Data
The historical data trend for New York Mortgage 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.
New York Mortgage Trust Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.08
0.78
0.80
0.76
0.74
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
Price-to-Tangible-Book
0.76
0.76
0.78
0.74
0.74
Competitive Comparison
For the REIT - Mortgage subindustry, New York Mortgage 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.
New York Mortgage Trust Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, New York Mortgage Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where New York Mortgage Trust's Price-to-Tangible-Book falls into.
New York Mortgage Trust Price-to-Tangible-Book Calculation
New York Mortgage Trust's price-to-tangible-book ratio for today is calculated as:
* 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.
New York Mortgage Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of New York Mortgage Trust's Price-to-Tangible-Book 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
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.
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