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Broadstone Net Lease (Broadstone Net Lease) Price-to-Tangible-Book : 1.14 (As of Apr. 29, 2024)


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What is Broadstone Net Lease Price-to-Tangible-Book?

As of today (2024-04-29), Broadstone Net Lease's share price is $14.66. Broadstone Net Lease's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.91. Hence, Broadstone Net Lease's Price to Tangible Book Ratio of today is 1.14.

The historical rank and industry rank for Broadstone Net Lease's Price-to-Tangible-Book or its related term are showing as below:

BNL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11   Med: 1.52   Max: 2.08
Current: 1.14

During the past 9 years, Broadstone Net Lease's highest Price to Tangible Book Ratio was 2.08. The lowest was 1.11. And the median was 1.52.

BNL's Price-to-Tangible-Book is ranked worse than
74.73% of 839 companies
in the REITs industry
Industry Median: 0.83 vs BNL: 1.14

A closely related ratio is called PB Ratio. As of today, Broadstone Net Lease's share price is $14.66. Broadstone Net Lease's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.25. Hence, Broadstone Net Lease's P/B Ratio of today is 0.90.


Broadstone Net Lease Price-to-Tangible-Book Historical Data

The historical data trend for Broadstone Net Lease's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Broadstone Net Lease Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 1.71 2.08 1.24 1.33

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
Price-to-Tangible-Book 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 1.24 1.31 1.18 1.08 1.33

Competitive Comparison of Broadstone Net Lease's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Broadstone Net Lease's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's Price-to-Tangible-Book falls into.



Broadstone Net Lease Price-to-Tangible-Book Calculation

Broadstone Net Lease's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.66/12.905
=1.14

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


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.


Broadstone Net Lease Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Broadstone Net Lease's Price-to-Tangible-Book 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

Broadstone Net Lease (Broadstone Net Lease) Headlines

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