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Pioneer Highome Trust PB Ratio

: 1.09 (As of Today)
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As of today (2020-10-19), Pioneer Highome Trust's share price is $7.89. Pioneer Highome Trust's Book Value per Share for the fiscal year that ended in Mar. 2020 was $7.25. Hence, Pioneer Highome Trust's P/B Ratio of today is 1.09.

NYSE:PHT' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.89   Max: 1.11
Current: 1.09


During the past 3 years, Pioneer Highome Trust's highest P/B Ratio was 1.11. The lowest was 0.58. And the median was 0.89.

NYSE:PHT's PB Ratio is ranked lower than
70% of the 1709 Companies
in the Asset Management industry.

( Industry Median: 0.96 vs. NYSE:PHT: 1.09 )

During the past 12 months, Pioneer Highome Trust's average Book Value Per Share Growth Rate was -26.80% per year.

Back to Basics: P/B Ratio

Pioneer Highome Trust PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Pioneer Highome Trust Annual Data
Mar18 Mar19 Mar20
PB Ratio 0.89 0.90 0.89

Pioneer Highome Trust Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
PB Ratio Premium Member Only 0.89 0.90 0.90 0.92 0.89

Competitive Comparison
* 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.

Pioneer Highome Trust PB Ratio Distribution

* The bar in red indicates where Pioneer Highome Trust's PB Ratio falls into.

Pioneer Highome Trust PB Ratio Calculation

Pioneer Highome Trust's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Mar. 2020)

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.

Pioneer Highome Trust  (NYSE:PHT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Pioneer Highome Trust PB Ratio Related Terms

Pioneer Highome Trust PB Ratio Headlines

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