GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Monogram Residential Trust Inc (NYSE:MORE) » Definitions » PB Ratio

Monogram Residential Trust (Monogram Residential Trust) PB Ratio : 3.14 (As of May. 07, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Monogram Residential Trust 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 (2024-05-07), Monogram Residential Trust's share price is $22.3348. Monogram Residential Trust's Book Value per Share for the quarter that ended in Jun. 2017 was $7.11. Hence, Monogram Residential Trust's PB Ratio of today is 3.14.

The historical rank and industry rank for Monogram Residential Trust's PB Ratio or its related term are showing as below:

MORE's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Monogram Residential Trust PB Ratio Historical Data

The historical data trend for Monogram Residential Trust'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.

Monogram Residential Trust PB Ratio Chart

Monogram Residential Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
PB Ratio
Get a 7-Day Free Trial - - 1.29 1.39 1.60

Monogram Residential Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 1.51 1.59 1.60 1.39 1.37

Competitive Comparison of Monogram Residential Trust's PB Ratio

For the REIT - Residential subindustry, Monogram Residential Trust'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.


Monogram Residential Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Monogram Residential Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Monogram Residential Trust's PB Ratio falls into.



Monogram Residential Trust 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.

Monogram Residential Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2017)
=22.3348/7.112
=3.14

* 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.


Monogram Residential Trust  (NYSE:MORE) 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.


Monogram Residential Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Monogram Residential Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Monogram Residential Trust (Monogram Residential Trust) Business Description

Traded in Other Exchanges
N/A
Address
Monogram Residential Trust Inc was organized in Maryland on August 4, 2006. It is a fully integrated self-managed real estate investment trust ("REIT") that invests in, develops and operates high quality multifamily communities offering location and lifestyle amenities. It invests in stabilized operating properties and properties in various phases of development, with a focus on communities in select markets across the United States. The Company competes with many third parties engaged in real estate investment activities including other REITs, regional and national developers, specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, lenders, hedge funds, governmental bodies and other entities. The Company's investments are subject to various federal, state, local and foreign laws, ordinances and regulations, including, among other things, zoning regulations, construction and occupancy permits, construction codes, land use controls, environmental controls relating to air and water quality, noise pollution and indirect environmental impacts, rent controls, business licenses and fair housing regulations.
Executives
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Howard Steven Garfield officer: SVP, CAO, Treas & Asst Sec. 15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024
Swanstrom Daniel E Ii officer: Executive VP and CFO C/O MONOGRAM RESIDENTIAL TRUST, INC. 5800 GRANITE PARKWAY, SUITE 1000 PLANO TX 75024
Michael D Cohen director 15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75201
Sami S Abbasi director 3600 JP MORGAN CHASE TOWER, 2200 ROSS AVE, DALLAS TX 75201
Murray J. Mccabe director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Robert J Chapman officer: President 125 S WACKER DR 3100, CHICAGO IL 60606
Reihsen Gerald J Iii officer: Ex VP-Corp Dev & Lgl, Asst Sec 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
M Jason Mattox officer: Executive Vice President 1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207

Monogram Residential Trust (Monogram Residential Trust) Headlines