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KKR Real Estate Finance Trust (KKR Real Estate Finance Trust) PB Ratio : 0.48 (As of May. 12, 2024)


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What is KKR Real Estate Finance 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 (2024-05-12), KKR Real Estate Finance Trust's share price is $9.60. KKR Real Estate Finance Trust's Book Value per Share for the quarter that ended in Mar. 2024 was $19.92. Hence, KKR Real Estate Finance Trust's PB Ratio of today is 0.48.

Good Sign:

KKR Real Estate Finance Trust Inc stock PB Ratio (=0.48) is close to 10-year low of 0.46

The historical rank and industry rank for KKR Real Estate Finance Trust's PB Ratio or its related term are showing as below:

KREF' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.97   Max: 1.84
Current: 0.48

During the past 9 years, KKR Real Estate Finance Trust's highest PB Ratio was 1.84. The lowest was 0.46. And the median was 0.97.

KREF's PB Ratio is ranked better than
86.79% of 848 companies
in the REITs industry
Industry Median: 0.84 vs KREF: 0.48

During the past 12 months, KKR Real Estate Finance Trust's average Book Value Per Share Growth Rate was -9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of KKR Real Estate Finance Trust was 53.90% per year. The lowest was -1.70% per year. And the median was 4.65% per year.

Back to Basics: PB Ratio


KKR Real Estate Finance Trust PB Ratio Historical Data

The historical data trend for KKR Real Estate Finance 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.

KKR Real Estate Finance Trust PB Ratio Chart

KKR Real Estate Finance Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.05 0.96 0.94 0.61 0.65

KKR Real Estate Finance Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.58 0.56 0.65 0.50

Competitive Comparison of KKR Real Estate Finance Trust's PB Ratio

For the REIT - Mortgage subindustry, KKR Real Estate Finance 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.


KKR Real Estate Finance Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where KKR Real Estate Finance Trust's PB Ratio falls into.



KKR Real Estate Finance 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.

KKR Real Estate Finance Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=9.60/19.922
=0.48

* 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.


KKR Real Estate Finance Trust  (NYSE:KREF) 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.


KKR Real Estate Finance Trust PB Ratio Related Terms

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


KKR Real Estate Finance Trust (KKR Real Estate Finance Trust) Business Description

Traded in Other Exchanges
Address
30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
Executives
Lee Christen E.j. officer: Co-CEO and Co-President C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
W Patrick Mattson officer: Chief Operating Off. and Secr C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Matthew A Salem officer: Co-CEO and Co-President C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Reft Holdings L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kendra Decious officer: CFO and Treasurer C/O KKR REAL ESTATE FINANCE TRUST INC., 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001
Vincent J. Napolitano officer: General Counsel and Secretary C/O KKR REAL ESTATE FINANCE TRUST INC., 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001
Tactical Value Spn-kref Holdings L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Makena U.s. Real Estate Master Fund B, L.p. 10 percent owner 2755 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Kkr Management Holdings L.p. 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Kkr Group Holdings Corp. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Paula Madoff director C/O KKR REAL ESTATE FINANCE TRUST INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Mostafa Nagaty officer: CFO and Treasurer C/O KKR REAL ESTATE FINANCE TRUST INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019