As of today (2024-04-23), Invitation Homes's share price is $34.135. Invitation Homes's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $16.17. Hence, Invitation Homes's Price to Tangible Book Ratio of today is 2.11.
The historical rank and industry rank for Invitation Homes's Price-to-Tangible-Book or its related term are showing as below:
INVH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 2.04 Max: 2.86
Current: 2.11
During the past 10 years, Invitation Homes's highest Price to Tangible Book Ratio was 2.86. The lowest was 1.31. And the median was 2.04.
INVH's Price-to-Tangible-Book is ranked worse than 92.08% of 846
companies
in the REITs industry
Industry Median: 0.84
vs INVH: 2.11
A closely related ratio is called PB Ratio. As of today, Invitation Homes's share price is $34.135. Invitation Homes's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.60. Hence, Invitation Homes's P/B Ratio of today is 2.06.
Invitation Homes Price-to-Tangible-Book Historical Data
The historical data trend for Invitation Homes'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 - Residential subindustry, Invitation Homes'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.
Invitation Homes Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, Invitation Homes's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Invitation Homes's Price-to-Tangible-Book falls into.
Invitation Homes Price-to-Tangible-Book Calculation
Invitation Homes'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.
Invitation Homes Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Invitation Homes's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Invitation Homes (Invitation Homes) Business Description
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
INVH has been successfully added to your 