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Broadstone Net Lease (Broadstone Net Lease) PB Ratio : 0.88 (As of Apr. 25, 2024)


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What is Broadstone Net Lease 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), Broadstone Net Lease's share price is $14.35. Broadstone Net Lease's Book Value per Share for the quarter that ended in Dec. 2023 was $16.25. Hence, Broadstone Net Lease's PB Ratio of today is 0.88.

Good Sign:

Broadstone Net Lease Inc stock PB Ratio (=0.89) is close to 5-year low of 0.83

The historical rank and industry rank for Broadstone Net Lease's PB Ratio or its related term are showing as below:

BNL' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.15   Max: 1.73
Current: 0.88

During the past 9 years, Broadstone Net Lease's highest PB Ratio was 1.73. The lowest was 0.83. And the median was 1.15.

BNL's PB Ratio is ranked worse than
55.52% of 852 companies
in the REITs industry
Industry Median: 0.835 vs BNL: 0.88

During the past 12 months, Broadstone Net Lease's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Broadstone Net Lease was 24.80% per year. The lowest was 1.00% per year. And the median was 19.70% per year.

Back to Basics: PB Ratio


Broadstone Net Lease PB Ratio Historical Data

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease PB Ratio Chart

Broadstone Net Lease Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - 1.24 1.56 0.98 1.06

Broadstone Net Lease 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 0.98 1.03 0.93 0.86 1.06

Competitive Comparison of Broadstone Net Lease's PB Ratio

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's PB Ratio distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's PB Ratio falls into.



Broadstone Net Lease 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.

Broadstone Net Lease's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=14.35/16.253
=0.88

* 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.


Broadstone Net Lease  (NYSE:BNL) 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.


Broadstone Net Lease PB Ratio Related Terms

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


Broadstone Net Lease (Broadstone Net Lease) Business Description

Traded in Other Exchanges
Address
800 Clinton Square, Rochester, NY, USA, 14604
Broadstone Net Lease Inc is an internally-managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
Executives
John David Moragne officer: See Remarks 800 CLINTON SQUARE, ROCHESTER NY 14604
Ryan M Albano officer: See Remarks 800 CLINTON SQUARE, ROCHESTER NY 14604
Michael B. Caruso officer: SVP, Finance BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kevin Fennell officer: SVP - Capital Markets BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Roderick Pickney officer: SVP - Acquisitions BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Michael A Coke director TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jennie O'brien officer: SVP - Accounting & Controller BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Jessica Duran director BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Laura L. Felice director C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Lessard Laurier J Jr officer: SVP - Asset Management BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Molly Wiegel officer: SVP - Human Resources BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Denise Brooks-williams director BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Andrea T. Wright officer: SVP, Property Management BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kristen Duckles officer: SVP & Chief Admin. Officer BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Christopher J Czarnecki director, officer: Chief Executive Officer 800 CLINTON SQUARE, ROCHESTER NY 14604