GURUFOCUS.COM » STOCK LIST » USA » NYSE » Preferred Apartment Communities Inc (NYSE:APTS) » Definitions » PB Ratio
Switch to:

Preferred Apartment Communities PB Ratio

: 1.36 (As of Today)
View and export this data going back to 2011. Start your Free Trial

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 (2022-08-08), Preferred Apartment Communities's share price is $25.00. Preferred Apartment Communities's Book Value per Share for the quarter that ended in Mar. 2022 was $18.34. Hence, Preferred Apartment Communities's PB Ratio of today is 1.36.

Warning Sign:

Preferred Apartment Communities Inc stock PB Ratio (=1.36) is close to 10-year high of 1.39

The historical rank and industry rank for Preferred Apartment Communities's PB Ratio or its related term are showing as below:

APTS' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.55   Max: 1.39
Current: 1.36

During the past 12 years, Preferred Apartment Communities's highest PB Ratio was 1.39. The lowest was 0.15. And the median was 0.55.

APTS's PB Ratio is ranked worse than
74.12% of 769 companies
in the REITs industry
Industry Median: 0.95 vs APTS: 1.36

During the past 12 months, Preferred Apartment Communities's average Book Value Per Share Growth Rate was -33.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Preferred Apartment Communities was 45.80% per year. The lowest was -20.50% per year. And the median was 22.50% per year.

Back to Basics: PB Ratio


Preferred Apartment Communities PB Ratio Historical Data

The historical data trend for Preferred Apartment Communities'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.

Preferred Apartment Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.37 0.32 0.26 0.93

Preferred Apartment Communities Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.36 0.37 0.61 0.93 1.36

Competitive Comparison

For the REIT - Diversified subindustry, Preferred Apartment Communities'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.

   

Preferred Apartment Communities PB Ratio Distribution

For the REITs industry and Real Estate sector, Preferred Apartment Communities's PB Ratio distribution charts can be found below:

* The bar in red indicates where Preferred Apartment Communities's PB Ratio falls into.



Preferred Apartment Communities 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.

Preferred Apartment Communities's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=25.00/18.34
=1.36

* 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.


Preferred Apartment Communities  (NYSE:APTS) 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.


Preferred Apartment Communities PB Ratio Related Terms

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


Preferred Apartment Communities Business Description

Preferred Apartment Communities logo
Traded in Other Exchanges
Address
3284 Northside Parkway NW, Suite 150, Atlanta, GA, USA, 30327
Preferred Apartment Communities Inc is a real estate investment trust that acquires and operates multifamily properties in select targeted markets throughout the United States. It operates through the following segments: The Multifamily Communities segment being the highest revenue generating segment; Financing segment refers to the portfolio of real estate loans, bridge loans, other instruments, and other real estate related assets; New Market Properties segment covers a portfolio of grocery-anchored shopping centers, as well as the financial results from the retail real estate loans; and Preferred Office properties segment relates to the office buildings.
Executives
Sherman Jeffrey David officer: PRESIDENT - MULTIFAMILY 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Aide Michael officer: PRESIDENT - RETAIL 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Isakson John A officer: CHIEF FINANCIAL OFFICER 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Sprain Jeffrey R officer: EVP, GENERAL COUNSEL AND SEC. 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Jackson Daphne Bryson director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Cannon John M director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Dupree Parker Boone officer: President - Office 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Finley Sara director ONE CVS DRIVE WOONSOCKET RI 02895
Wiens John M. director 3284 NORTHSIDE PARKWAY NW STE. 150 ATLANTA GA 30327
Murphy Joel T director, officer: See Remarks 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339
Gresham William J Jr director 1010 RICHMOND HILL DRIVE MARIETTA GA 30068
Williams Opportunity Fund Llc 10 percent owner 3625 CUMBERLAND BLVD SUITE 400 ATLANTA GA 30339
Williams Realty Fund I Llc 10 percent owner 3625 CUMBERLAND BLVD STE 400 ATLANTA GA 30339
Dupree Daniel M director 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339
Leseman William F officer: See Remarks 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339

Preferred Apartment Communities Headlines

From GuruFocus

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)