GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Retail Properties Inc (NYSE:NNNpF.PFD) » Definitions » PB Ratio

National Retail Properties (National Retail Properties) PB Ratio : (As of Apr. 30, 2024)


View and export this data going back to 2016. Start your Free Trial

What is National Retail Properties 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 (2024-04-30), National Retail Properties's share price is $25.12. National Retail Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, National Retail Properties's PB Ratio of today is .

The historical rank and industry rank for National Retail Properties's PB Ratio or its related term are showing as below:

NNNpF.PFD' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.01   Max: 2.61
Current: 1.79

During the past 13 years, National Retail Properties's highest PB Ratio was 2.61. The lowest was 1.15. And the median was 2.01.

NNNpF.PFD's PB Ratio is ranked worse than
90.59% of 850 companies
in the REITs industry
Industry Median: 0.83 vs NNNpF.PFD: 1.79

During the past 12 months, National Retail Properties's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Retail Properties was 13.10% per year. The lowest was -2.20% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio


National Retail Properties PB Ratio Historical Data

The historical data trend for National Retail Properties'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.

National Retail Properties PB Ratio Chart

National Retail Properties 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 - - - - -

National Retail Properties 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 - - - - -

Competitive Comparison of National Retail Properties's PB Ratio

For the REIT - Retail subindustry, National Retail Properties'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.


National Retail Properties's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Retail Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Retail Properties's PB Ratio falls into.



National Retail Properties 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.

National Retail Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=25.12/
=

* 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.


National Retail Properties  (NYSE:NNNpF.PFD) 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.


National Retail Properties PB Ratio Related Terms

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


National Retail Properties (National Retail Properties) Business Description

Traded in Other Exchanges
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.