GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RAIT Financial Trust (OTCPK:RASLQ.PFD) » Definitions » Price-to-Tangible-Book

RAIT Financial Trust (RAIT Financial Trust) Price-to-Tangible-Book : (As of Apr. 30, 2024)


View and export this data going back to 2007. Start your Free Trial

What is RAIT Financial Trust Price-to-Tangible-Book?

As of today (2024-04-30), RAIT Financial Trust's share price is $0.01. RAIT Financial Trust's Tangible Book per Share of Jun. 2019 for the quarter that ended in Jun. 2019 was $0.00. Hence, RAIT Financial Trust's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for RAIT Financial Trust's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, RAIT Financial Trust's highest Price to Tangible Book Ratio was 2.33. The lowest was 0.00. And the median was 0.90.

RASLQ.PFD's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, RAIT Financial Trust's share price is $0.01. RAIT Financial Trust's Book Value per Sharefor the quarter that ended in Jun. 2019 was $0.00. Hence, RAIT Financial Trust's P/B Ratio of today is .


RAIT Financial Trust Price-to-Tangible-Book Historical Data

The historical data trend for RAIT Financial 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.

RAIT Financial Trust Price-to-Tangible-Book Chart

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 - - - - -

Competitive Comparison of RAIT Financial Trust's Price-to-Tangible-Book

For the REIT - Diversified subindustry, RAIT Financial 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.


RAIT Financial Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where RAIT Financial Trust's Price-to-Tangible-Book falls into.



RAIT Financial Trust Price-to-Tangible-Book Calculation

RAIT Financial Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2019 )
=0.01/
=

* 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.


RAIT Financial Trust Price-to-Tangible-Book Related Terms

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


RAIT Financial Trust (RAIT Financial Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust (RAIT Financial Trust) Headlines

From GuruFocus

RAIT Financial Trust (RAS) COO & Secretary Raphael Licht sells 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009

RAIT Financial Trust (RAS) CEO Scott Schaeffer buys 25,000 Shares

By GuruFocus Research GuruFocus Editor 11-24-2009

RAIT Financial Trust (RAS) CFO Jack Salmon buys 10,000 Shares

By GuruFocus Research GuruFocus Editor 12-01-2010

RAIT Financial Trust (RAS) Chairman & Trustee Betsy Z Cohen buys 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009