GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RE/MAX Holdings Inc (NYSE:RMAX) » Definitions » Price-to-Tangible-Book

RE/MAX Holdings (RE/MAX Holdings) Price-to-Tangible-Book : 2.68 (As of Apr. 25, 2024)


View and export this data going back to 2013. Start your Free Trial

What is RE/MAX Holdings Price-to-Tangible-Book?

As of today (2024-04-25), RE/MAX Holdings's share price is $7.21. RE/MAX Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.69. Hence, RE/MAX Holdings's Price to Tangible Book Ratio of today is 2.68.

The historical rank and industry rank for RE/MAX Holdings's Price-to-Tangible-Book or its related term are showing as below:

RMAX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.11   Med: 4.11   Max: 9.13
Current: 2.68

During the past 13 years, RE/MAX Holdings's highest Price to Tangible Book Ratio was 9.13. The lowest was 2.11. And the median was 4.11.

RMAX's Price-to-Tangible-Book is ranked worse than
86.3% of 1723 companies
in the Real Estate industry
Industry Median: 0.81 vs RMAX: 2.68

A closely related ratio is called PB Ratio. As of today, RE/MAX Holdings's share price is $7.21. RE/MAX Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.50. Hence, RE/MAX Holdings's P/B Ratio of today is 0.32.


RE/MAX Holdings Price-to-Tangible-Book Historical Data

The historical data trend for RE/MAX Holdings'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.

RE/MAX Holdings Price-to-Tangible-Book Chart

RE/MAX Holdings 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 2.95 2.65 9.13 4.35 4.95

RE/MAX Holdings 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 4.35 4.39 4.13 7.40 4.95

Competitive Comparison of RE/MAX Holdings's Price-to-Tangible-Book

For the Real Estate Services subindustry, RE/MAX Holdings'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.


RE/MAX Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Price-to-Tangible-Book falls into.



RE/MAX Holdings Price-to-Tangible-Book Calculation

RE/MAX Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.21/2.693
=2.68

* 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.


RE/MAX Holdings Price-to-Tangible-Book Related Terms

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


RE/MAX Holdings (RE/MAX Holdings) Business Description

Traded in Other Exchanges
Address
5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham director 5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans officer: VP, Chief Accounting Officer 5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison director 5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon officer: Chief Information Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders officer: Vice President General Counsel 5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan director 5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich director 5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly director PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708