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KKR Real Estate Finance Trust (KKR Real Estate Finance Trust) Price-to-Tangible-Book : 0.47 (As of Apr. 30, 2024)


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What is KKR Real Estate Finance Trust Price-to-Tangible-Book?

As of today (2024-04-30), KKR Real Estate Finance Trust's share price is $9.41. KKR Real Estate Finance Trust's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $19.92. Hence, KKR Real Estate Finance Trust's Price to Tangible Book Ratio of today is 0.47.

The historical rank and industry rank for KKR Real Estate Finance Trust's Price-to-Tangible-Book or its related term are showing as below:

KREF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47   Med: 0.96   Max: 1.08
Current: 0.47

During the past 9 years, KKR Real Estate Finance Trust's highest Price to Tangible Book Ratio was 1.08. The lowest was 0.47. And the median was 0.96.

KREF's Price-to-Tangible-Book is ranked better than
86.41% of 839 companies
in the REITs industry
Industry Median: 0.84 vs KREF: 0.47

A closely related ratio is called PB Ratio. As of today, KKR Real Estate Finance Trust's share price is $9.41. KKR Real Estate Finance Trust's Book Value per Sharefor the quarter that ended in Mar. 2024 was $19.92. Hence, KKR Real Estate Finance Trust's P/B Ratio of today is 0.47.


KKR Real Estate Finance Trust Price-to-Tangible-Book Historical Data

The historical data trend for KKR Real Estate Finance Trust'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.

KKR Real Estate Finance Trust Price-to-Tangible-Book Chart

KKR Real Estate Finance Trust 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 1.05 0.96 0.94 0.61 0.65

KKR Real Estate Finance Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.58 0.56 0.65 0.50

Competitive Comparison of KKR Real Estate Finance Trust's Price-to-Tangible-Book

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust'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.


KKR Real Estate Finance Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's Price-to-Tangible-Book falls into.



KKR Real Estate Finance Trust Price-to-Tangible-Book Calculation

KKR Real Estate Finance Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=9.41/19.922
=0.47

* 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.


KKR Real Estate Finance Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of KKR Real Estate Finance Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


KKR Real Estate Finance Trust (KKR Real Estate Finance Trust) Business Description

Traded in Other Exchanges
Address
30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
Executives
Lee Christen E.j. officer: Co-CEO and Co-President C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
W Patrick Mattson officer: Chief Operating Off. and Secr C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Matthew A Salem officer: Co-CEO and Co-President C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Reft Holdings L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kendra Decious officer: CFO and Treasurer C/O KKR REAL ESTATE FINANCE TRUST INC., 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001
Vincent J. Napolitano officer: General Counsel and Secretary C/O KKR REAL ESTATE FINANCE TRUST INC., 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001
Tactical Value Spn-kref Holdings L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Makena U.s. Real Estate Master Fund B, L.p. 10 percent owner 2755 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Kkr Management Holdings L.p. 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Kkr Group Holdings Corp. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Paula Madoff director C/O KKR REAL ESTATE FINANCE TRUST INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Mostafa Nagaty officer: CFO and Treasurer C/O KKR REAL ESTATE FINANCE TRUST INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019

KKR Real Estate Finance Trust (KKR Real Estate Finance Trust) Headlines