New York Mortgage Trust (FRA:NKZ0) PB Ratio : 0.63 (As of Apr. 25, 2024)

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What is New York Mortgage 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 (2024-04-25), New York Mortgage Trust's share price is €6.60. New York Mortgage Trust's Book Value per Share for the quarter that ended in Dec. 2023 was €10.56. Hence, New York Mortgage Trust's PB Ratio of today is 0.63.

Good Sign:

New York Mortgage Trust Inc stock PB Ratio (=0.62) is close to 1-year low of 0.6

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

FRA:NKZ0' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.98 Max: 1.26
Current: 0.62

During the past 13 years, New York Mortgage Trust's highest PB Ratio was 1.26. The lowest was 0.27. And the median was 0.98.

FRA:NKZ0's PB Ratio is ranked better than
73.94% of 852 companies
in the REITs industry
Industry Median: 0.835 vs FRA:NKZ0: 0.62

During the past 12 months, New York Mortgage Trust's average Book Value Per Share Growth Rate was -14.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -15.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New York Mortgage Trust was 46.80% per year. The lowest was -57.80% per year. And the median was -4.60% per year.

Back to Basics: PB Ratio

New York Mortgage Trust PB Ratio Historical Data

The historical data trend for New York Mortgage 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.

New York Mortgage Trust PB Ratio Chart

New York Mortgage Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.05

0.74

0.78

0.75

0.74

New York Mortgage Trust 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															0.75	0.71	0.78	0.73	0.74

Competitive Comparison of New York Mortgage Trust's PB Ratio

For the REIT - Mortgage subindustry, New York Mortgage 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.

New York Mortgage Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where New York Mortgage Trust's PB Ratio falls into.

New York Mortgage 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.

New York Mortgage Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	6.60	/	10.56
	=	0.63

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

New York Mortgage Trust (FRA:NKZ0) 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.

New York Mortgage Trust PB Ratio Related Terms

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

New York Mortgage Trust (FRA:NKZ0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New York Mortgage Trust Inc (FRA:NKZ0) » Definitions » PB Ratio

Comparable Companies

KREF TRTX DX RWT IVR ORC BRSP ACRE ARR EFC NLY AGNC STWD RITM BXMT ABR ARI RC LADR TWO

Traded in Other Exchanges

NYMTM.PFD:USA NYMTN.PFD:USA NYMT:USA

Address

90 Park Avenue, New York, NY, USA, 10016

Website

https://www.nymtrust.com

New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.

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