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NexPoint Residential Trust (NexPoint Residential Trust) Price-to-Tangible-Book : 1.73 (As of Apr. 28, 2024)


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What is NexPoint Residential Trust Price-to-Tangible-Book?

As of today (2024-04-28), NexPoint Residential Trust's share price is $33.27. NexPoint Residential Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.27. Hence, NexPoint Residential Trust's Price to Tangible Book Ratio of today is 1.73.

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

NXRT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 2.46   Max: 4.56
Current: 1.73

During the past 11 years, NexPoint Residential Trust's highest Price to Tangible Book Ratio was 4.56. The lowest was 1.26. And the median was 2.46.

NXRT's Price-to-Tangible-Book is ranked worse than
89.77% of 841 companies
in the REITs industry
Industry Median: 0.83 vs NXRT: 1.73

A closely related ratio is called PB Ratio. As of today, NexPoint Residential Trust's share price is $33.27. NexPoint Residential Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.27. Hence, NexPoint Residential Trust's P/B Ratio of today is 1.73.


NexPoint Residential Trust Price-to-Tangible-Book Historical Data

The historical data trend for NexPoint Residential 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.

NexPoint Residential Trust Price-to-Tangible-Book Chart

NexPoint Residential 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 2.70 2.60 4.56 2.14 1.79

NexPoint Residential 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 2.14 2.30 2.39 1.61 1.79

Competitive Comparison of NexPoint Residential Trust's Price-to-Tangible-Book

For the REIT - Residential subindustry, NexPoint Residential 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.


NexPoint Residential Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



NexPoint Residential Trust Price-to-Tangible-Book Calculation

NexPoint Residential 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 )
=33.27/19.265
=1.73

* 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.


NexPoint Residential Trust Price-to-Tangible-Book Related Terms

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


NexPoint Residential Trust (NexPoint Residential Trust) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.
Executives
Brian Mitts director, officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero director, 10 percent owner, officer: President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain director C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Fund Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Nexpoint Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Scott Ellington officer: General Counsel and Secretary 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Lp 10 percent owner 100 CRESCENT COURT, SUITE 1850, DALLAS TX 75201