AG Mortgage Investment Trust (AG Mortgage Investment Trust) PB Ratio

: (As of Today)

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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 (2024-04-19), AG Mortgage Investment Trust's share price is $19.6292. AG Mortgage Investment Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, AG Mortgage Investment Trust's PB Ratio of today is .

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

MITTpA.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.89 Max: 1.96
Current: 0.53

During the past 13 years, AG Mortgage Investment Trust's highest PB Ratio was 1.96. The lowest was 0.22. And the median was 0.89.

MITTpA.PFD's PB Ratio is ranked better than
82.55% of 854 companies
in the REITs industry
Industry Median: 0.83 vs MITTpA.PFD: 0.53

During the past 12 months, AG Mortgage Investment Trust's average Book Value Per Share Growth Rate was -8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -29.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AG Mortgage Investment Trust was -0.50% per year. The lowest was -40.50% per year. And the median was -3.90% per year.

Back to Basics: PB Ratio

AG Mortgage Investment Trust PB Ratio Historical Data

The historical data trend for AG Mortgage Investment 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.

AG Mortgage Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

AG Mortgage Investment 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																-	-	-	-	-

Competitive Comparison

For the REIT - Mortgage subindustry, AG Mortgage Investment 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.

AG Mortgage Investment Trust PB Ratio Distribution

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

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

AG Mortgage Investment 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.

AG Mortgage Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	19.6292	/
	=

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.

AG Mortgage Investment Trust (NYSE:MITTpA.PFD) 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.

AG Mortgage Investment Trust PB Ratio Related Terms

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AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AG Mortgage Investment Trust Inc (NYSE:MITTpA.PFD) » Definitions » PB Ratio

Comparable Companies

LFT AJX AAIC EARN CHMI ACR SACH SEVN LOAN WMC NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

MITTpC.PFD:USA MITTpB.PFD:USA MITT:USA

Address

245 Park Avenue, 26th Floor, New York, NY, USA, 10167

Website

https://www.agmit.com

AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.