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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Price-to-Tangible-Book : 0.95 (As of Apr. 27, 2024)


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What is Cohen & Steers REIT and Preferredome Fund Price-to-Tangible-Book?

As of today (2024-04-27), Cohen & Steers REIT and Preferredome Fund's share price is $19.77. Cohen & Steers REIT and Preferredome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.77. Hence, Cohen & Steers REIT and Preferredome Fund's Price to Tangible Book Ratio of today is 0.95.

The historical rank and industry rank for Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book or its related term are showing as below:

RNP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 0.97   Max: 1.01
Current: 0.95

During the past 7 years, Cohen & Steers REIT and Preferredome Fund's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.89. And the median was 0.97.

RNP's Price-to-Tangible-Book is ranked worse than
51.88% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs RNP: 0.95

A closely related ratio is called PB Ratio. As of today, Cohen & Steers REIT and Preferredome Fund's share price is $19.77. Cohen & Steers REIT and Preferredome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.77. Hence, Cohen & Steers REIT and Preferredome Fund's P/B Ratio of today is 0.95.


Cohen & Steers REIT and Preferredome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Cohen & Steers REIT and Preferredome Fund'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.

Cohen & Steers REIT and Preferredome Fund Price-to-Tangible-Book Chart

Cohen & Steers REIT and Preferredome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.96 0.97 0.98 1.01 0.97

Cohen & Steers REIT and Preferredome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.98 0.93 1.01 0.95 0.97

Competitive Comparison of Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund'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.


Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book falls into.



Cohen & Steers REIT and Preferredome Fund Price-to-Tangible-Book Calculation

Cohen & Steers REIT and Preferredome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=19.77/20.773
=0.95

* 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.


Cohen & Steers REIT and Preferredome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
Cohen & Steers REIT and Preferred Income Fund Inc is a diversified, closed-ended investment management fund. Its investment objective is to provide high current income with capital appreciation as its secondary objective. The Fund invests at least 80% of its total assets in common stocks issued by real estate investment trusts (REITs) and preferred securities under normal circumstances.
Executives
William F Scapell officer: Vice President, other: Portfolio Manager C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Elaine Zaharis-nikas other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Adam M Derechin director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

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