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Invesco Mortgage CapitalLTS:0JD3 -0.12%39 PB Ratio is 0.99 as of Jul. 20, 2026, which is 8% above its 10-year median of 0.92. GuruFocus rates LTS:0JD3 with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 928 REITs companies, Invesco Mortgage Capital ranks worse than 64.33% on this metric.
Invesco Mortgage Capital Inc stock PB Ratio (=1) is close to 3-year high of 1.07.
The historical rank and industry rank for Invesco Mortgage Capital's PB Ratio or its related term are showing as below:
LTS:0JD3'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.92 Max: 1.15
Current: 1
During the past 13 years, Invesco Mortgage Capital's highest PB Ratio was 1.15. The lowest was 0.29. And the median was 0.92.
LTS:0JD3's PB Ratio is ranked worse than 64.33% of 928
companies
in the REITs industry
Industry Median: 0.86
vs LTS:0JD3: 1.00
During the past 12 months, Invesco Mortgage Capital's average Book Value Per Share Growth Rate was -8.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -27.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -31.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Invesco Mortgage Capital was 4.80% per year. The lowest was -57.00% per year. And the median was -5.20% per year.
Back to Basics: PB Ratio
Invesco Mortgage Capital (LTS:0JD3) PB Ratio Explanation
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.
* 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, Invesco Mortgage Capital'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.
Invesco Mortgage Capital PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Invesco Mortgage Capital's PB Ratio distribution charts can be found below:
* The bar in red indicates where Invesco Mortgage Capital's PB Ratio falls into.
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.
* 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.
Invesco Mortgage Capital (LTS:0JD3) has a PB Ratio of 0.99 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Invesco Mortgage Capital and its competitors. This is near median its historical median of 0.92. Over the past decade, Invesco Mortgage Capital's PB Ratio has ranged from 0.29 to 1.15. According to the industry distribution chart, Invesco Mortgage Capital ranks #597 out of 928 companies in the REITs industry, placing it in the top 64.3%.
Is Invesco Mortgage Capital's PB Ratio too high?
Invesco Mortgage Capital's current PB Ratio of 0.99 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.15. The REITs industry median PB Ratio is 0.86. Invesco Mortgage Capital's value of 0.99 is 15.1% above this industry median. Based on the distribution chart, Invesco Mortgage Capital ranks #597 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Invesco Mortgage Capital has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Mortgage Capital's PB Ratio compare to BRSP and ADAM?
According to the REITs industry distribution chart, Invesco Mortgage Capital ranks #597 out of 928 companies for PB Ratio. This places Invesco Mortgage Capital in the lower half of its industry. The industry median PB Ratio is 0.86. Invesco Mortgage Capital's value of 0.99 is 15.1% above this benchmark. Historically, Invesco Mortgage Capital's own PB Ratio has ranged from 0.29 to 1.15 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.86, Invesco Mortgage Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invesco Mortgage Capital's current PB Ratio of 0.99 is 15.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Invesco Mortgage Capital and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invesco Mortgage Capital's current PB Ratio is 0.99, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Mortgage Capital stock overvalued right now?
Invesco Mortgage Capital (LTS:0JD3) has a current PB Ratio of 0.99. The current PB Ratio is 0.99, which is near median its 10-year median of 0.92 and 15.1% above the REITs industry median of 0.86. Invesco Mortgage Capital's overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Invesco Mortgage Capital (LTS:0JD3), the current PB Ratio is 0.99 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Invesco Mortgage Capital Inc is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. The company's portfolio consists of residential mortgage-backed securities (RMBS) that are guaranteed by a U.S. government agency such as the Government National Mortgage Association, or a federally chartered corporation such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; Commercial mortgage-backed securities (CMBS) that are not guaranteed by a U.S. government agency or a federally chartered corporation; RMBS that are not guaranteed by a U.S. government agency or a federally chartered corporation; and other real estate-related financing arrangements.
39GF Score
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