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NexPoint Real Estate FinanceNREF +1.39%44 Price-to-Tangible-Book is 0.87 as of Aug. 21, 2026, which is 18% above its 10-year median of 0.74. GuruFocus rates NREF with a GF Scoreâ„¢ of 44/100. The stock has 8 warning signs investors should review. Among 903 REITs companies, NexPoint Real Estate Finance ranks worse than 51.72% on this metric.
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.
NexPoint Real Estate Finance Price-to-Tangible-Book Related Terms
NexPoint Real Estate Finance Price-to-Tangible-Book Historical Data
* 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.
NexPoint Real Estate Finance Price-to-Tangible-Book Chart
NREF vs CMTG, RC, REFI: Price-to-Tangible-Book Comparison
For the REIT - Mortgage subindustry, NexPoint Real Estate Finance'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.
NexPoint Real Estate Finance Price-to-Tangible-Book vs REITs Industry
For the REITs industry and Real Estate sector, NexPoint Real Estate Finance's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NexPoint Real Estate Finance's Price-to-Tangible-Book falls into.
* 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.
NexPoint Real Estate Finance (NREF) has a Price-to-Tangible-Book of 0.87 as of Aug. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on NexPoint Real Estate Finance and its competitors. This is 18% above median its historical median of 0.74. Over the past decade, NexPoint Real Estate Finance's Price-to-Tangible-Book has ranged from 0.61 to 1.02. According to the industry distribution chart, NexPoint Real Estate Finance ranks #467 out of 903 companies in the REITs industry, placing it in the top 51.7%.
Is NexPoint Real Estate Finance's Price-to-Tangible-Book too high?
NexPoint Real Estate Finance's current Price-to-Tangible-Book of 0.87 is 18% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.02. The REITs industry median Price-to-Tangible-Book is 0.84. NexPoint Real Estate Finance's value of 0.87 is 3.6% above this industry median. Based on the distribution chart, NexPoint Real Estate Finance ranks #467 out of 903 companies in the REITs industry, which is below the industry midpoint. Overall, NexPoint Real Estate Finance has a GF Scoreâ„¢ of 44/100, reflecting its overall financial health beyond just this single metric.
How does NexPoint Real Estate Finance's Price-to-Tangible-Book compare to CMTG and RC?
According to the REITs industry distribution chart, NexPoint Real Estate Finance ranks #467 out of 903 companies for Price-to-Tangible-Book. This places NexPoint Real Estate Finance in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. NexPoint Real Estate Finance's value of 0.87 is 3.6% above this benchmark. Historically, NexPoint Real Estate Finance's own Price-to-Tangible-Book has ranged from 0.61 to 1.02 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.84, NexPoint Real Estate Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a REITs company?
The median Price-to-Tangible-Book among REITs companies is 0.84, based on 903 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NexPoint Real Estate Finance's current Price-to-Tangible-Book of 0.87 is 3.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on NexPoint Real Estate Finance and its competitors. For the REITs industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexPoint Real Estate Finance's current Price-to-Tangible-Book is 0.87, which is 18% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexPoint Real Estate Finance stock overvalued right now?
NexPoint Real Estate Finance (NREF) has a current Price-to-Tangible-Book of 0.87. The current Price-to-Tangible-Book is 0.87, which is 18% above median its 10-year median of 0.74 and 3.6% above the REITs industry median of 0.84. NexPoint Real Estate Finance's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For NexPoint Real Estate Finance (NREF), the current Price-to-Tangible-Book is 0.87 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NexPoint Real Estate Finance Inc is a commercial mortgage REIT focused on generating attractive, risk-adjusted returns for shareholders over the long term. The company invests mainly in first-lien mortgage loans, mezzanine loans, preferred equity, multifamily properties, and common equity investments, as well as multifamily and single-family rental CMBS securitizations, promissory notes, revolving credit facilities, and stock warrants. It focuses on real estate sectors where its management has operating expertise, including multifamily, single-family rental, self-storage, industrial, and life sciences, mainly in top metropolitan areas.
44GF Score
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