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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) PB Ratio : 0.92 (As of Apr. 28, 2024)


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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND 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 (2024-04-28), NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's share price is $3.16. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Book Value per Share for the quarter that ended in Apr. 2023 was $3.44. Hence, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio of today is 0.92.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio or its related term are showing as below:

NRO' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.9   Max: 1.35
Current: 0.92

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest PB Ratio was 1.35. The lowest was 0.45. And the median was 0.90.

NRO's PB Ratio is ranked better than
53.46% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs NRO: 0.92

During the past 12 months, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's average Book Value Per Share Growth Rate was -26.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND was 11.70% per year. The lowest was -16.70% per year. And the median was 0.35% per year.

Back to Basics: PB Ratio


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND PB Ratio Historical Data

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND PB Ratio Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.95 0.95 0.96 0.99

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 0.96 0.96 0.99 0.99 0.87

Competitive Comparison of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND'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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio falls into.



NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2023)
=3.16/3.44
=0.92

* 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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) 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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND PB Ratio Related Terms

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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. The fund invests in sectors, such as apartments, Data Centers, Infrastructure REITs, Manufactured Homes, Office, Regional Malls and others.
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Jack L Rivkin director 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6