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RLJ Lodging Trust (RLJ Lodging Trust) PB Ratio : (As of May. 10, 2024)


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What is RLJ Lodging Trust 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 (2024-05-10), RLJ Lodging Trust's share price is $24.915. RLJ Lodging Trust's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00. Hence, RLJ Lodging Trust's PB Ratio of today is .

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

RLJpA.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.14   Max: 2
Current: 0.83

During the past 13 years, RLJ Lodging Trust's highest PB Ratio was 2.00. The lowest was 0.28. And the median was 1.14.

RLJpA.PFD's PB Ratio is ranked better than
51.3% of 848 companies
in the REITs industry
Industry Median: 0.84 vs RLJpA.PFD: 0.83

During the past 12 months, RLJ Lodging Trust's average Book Value Per Share Growth Rate was -0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of RLJ Lodging Trust was 52.30% per year. The lowest was -11.90% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


RLJ Lodging Trust PB Ratio Historical Data

The historical data trend for RLJ Lodging 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.

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RLJ Lodging Trust PB Ratio Chart

RLJ Lodging Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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RLJ Lodging Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of RLJ Lodging Trust's PB Ratio

For the REIT - Hotel & Motel subindustry, RLJ Lodging 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.


RLJ Lodging Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where RLJ Lodging Trust's PB Ratio falls into.



RLJ Lodging 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.

RLJ Lodging Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=24.915/
=

* 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.


RLJ Lodging Trust  (NYSE:RLJpA.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.


RLJ Lodging Trust PB Ratio Related Terms

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RLJ Lodging Trust (RLJ Lodging Trust) Business Description

Traded in Other Exchanges
Address
3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.