As of today (2024-04-24), ARMOUR Residential REIT's share price is $18.99. ARMOUR Residential REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $26.05. Hence, ARMOUR Residential REIT's Price to Tangible Book Ratio of today is 0.73.
The historical rank and industry rank for ARMOUR Residential REIT's Price-to-Tangible-Book or its related term are showing as below:
ARR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.75 Max: 0.82
Current: 0.73
During the past 13 years, ARMOUR Residential REIT's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.65. And the median was 0.75.
ARR's Price-to-Tangible-Book is ranked better than 64.07% of 846
companies
in the REITs industry
Industry Median: 0.84
vs ARR: 0.73
A closely related ratio is called PB Ratio. As of today, ARMOUR Residential REIT's share price is $18.99. ARMOUR Residential REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.05. Hence, ARMOUR Residential REIT's P/B Ratio of today is 0.73.
ARMOUR Residential REIT Price-to-Tangible-Book Historical Data
The historical data trend for ARMOUR Residential REIT'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.
For the REIT - Mortgage subindustry, ARMOUR Residential REIT'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.
ARMOUR Residential REIT Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, ARMOUR Residential REIT's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ARMOUR Residential REIT's Price-to-Tangible-Book falls into.
* 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.
ARMOUR Residential REIT Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ARMOUR Residential REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ARR has been successfully added to your 