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Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) PB Ratio : 0.74 (As of May. 01, 2024)


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What is Cherry Hill Mortgage Investment PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), Cherry Hill Mortgage Investment's share price is $3.4401. Cherry Hill Mortgage Investment's Book Value per Share for the quarter that ended in Dec. 2023 was $4.67. Hence, Cherry Hill Mortgage Investment's PB Ratio of today is 0.74.

The historical rank and industry rank for Cherry Hill Mortgage Investment's PB Ratio or its related term are showing as below:

CHMI' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.87   Max: 1.13
Current: 0.74

During the past 12 years, Cherry Hill Mortgage Investment's highest PB Ratio was 1.13. The lowest was 0.21. And the median was 0.87.

CHMI's PB Ratio is ranked better than
59.91% of 848 companies
in the REITs industry
Industry Median: 0.83 vs CHMI: 0.74

During the past 12 months, Cherry Hill Mortgage Investment's average Book Value Per Share Growth Rate was -25.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -25.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -24.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.80% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Cherry Hill Mortgage Investment was -1.10% per year. The lowest was -28.20% per year. And the median was -12.10% per year.

Back to Basics: PB Ratio


Cherry Hill Mortgage Investment PB Ratio Historical Data

The historical data trend for Cherry Hill Mortgage Investment's PB Ratio 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.

Cherry Hill Mortgage Investment PB Ratio Chart

Cherry Hill Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.80 0.94 0.93 0.87

Cherry Hill Mortgage Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 0.93 0.97 0.90 0.72 0.87

Competitive Comparison of Cherry Hill Mortgage Investment's PB Ratio

For the REIT - Mortgage subindustry, Cherry Hill Mortgage Investment's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Cherry Hill Mortgage Investment's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cherry Hill Mortgage Investment's PB Ratio falls into.



Cherry Hill Mortgage Investment PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Cherry Hill Mortgage Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.4401/4.667
=0.74

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Cherry Hill Mortgage Investment  (NYSE:CHMI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Cherry Hill Mortgage Investment PB Ratio Related Terms

Thank you for viewing the detailed overview of Cherry Hill Mortgage Investment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Business Description

Traded in Other Exchanges
Address
1451 Route 34, Suite 303, Farmingdale, NJ, USA, 07727
Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
Executives
Jay Lown director, officer: President and CEO 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Sharon L Cook director CHERRY HILL MORTGAGE INVESTMENT CORP, 1451 ROUTE 34, SUITE 303, FARMINGDALE NJ 07727
Regina Lowrie director 155 INVERNESS DRIVE, BLUE BELL PA 19422
Julian Evans officer: Chief Investment Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Michael Andrew Hutchby officer: Chief Financial Officer CHERRY HILL MORTGAGE MANAGEMENT, 1451 HIGHWAY 34, SUITE 303, FARMINGDALE NJ 07727
Martin Levine officer: Chief Financial Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Mercer Robert C Jr director 1256 OVERTON CIRCLE, GALLATIN TN 37066
Joseph J Murin director 6528 KAISER DRIVE, FREMONT CA 94555
Jonathan Kislak director 800 BRICKELL AVENUE, SUITE 400, MIAMI FL 33131
Stanley C. Middleman director, 10 percent owner 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Calc Iii Lp 10 percent owner 131 S. DEARBORN STREET, 32ND FLOOR, CHICAGO IL 60603
Kenneth C Griffin 10 percent owner CITADEL INVESTMENT GROUP LLC, 131 S DEARBORN STREET 32ND FL, CHICAGO IL 60603
Citadel Securities Llc 10 percent owner 131 SOUTH DEARBORN STREET, CHICAGO IL 60603

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