NREF (NexPoint Real Estate Finance) PS Ratio: 4.47 (As of Aug. 02, 2026) — 51% Below Median

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NREF NexPoint Real Estate Finance Inc NREF
44 GF Score
Price $16.96
! 8 Warning Signs
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What is NexPoint Real Estate Finance PS Ratio?

NexPoint Real Estate Finance NREF +0.41% 44 PS Ratio is 4.47 as of Aug. 02, 2026, which is 51% below its 10-year median of 9.15. GuruFocus rates NREF with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 902 REITs companies, NexPoint Real Estate Finance ranks better than 71.73% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, NexPoint Real Estate Finance's share price is $16.96. NexPoint Real Estate Finance's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $3.79. Hence, NexPoint Real Estate Finance's PS Ratio for today is 4.47.

The historical rank and industry rank for NexPoint Real Estate Finance's PS Ratio or its related term are showing as below:

NREF' s PS Ratio Range Over the Past 10 Years
Min: 3.09   Med: 9.15   Max: 149.15
Current: 4.47

During the past 10 years, NexPoint Real Estate Finance's highest PS Ratio was 149.15. The lowest was 3.09. And the median was 9.15.

NREF's PS Ratio is ranked better than
71.73% of 902 companies
in the REITs industry
Industry Median: 6.57 vs NREF: 4.47

NexPoint Real Estate Finance's Revenue per Sharefor the three months ended in Mar. 2026 was $0.48. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $3.79.

During the past 12 months, the average Revenue per Share Growth Rate of NexPoint Real Estate Finance was 55.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 65.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.60% per year.

During the past 10 years, NexPoint Real Estate Finance's highest 3-Year average Revenue per Share Growth Rate was 65.60% per year. The lowest was -57.20% per year. And the median was 14.70% per year.

Back to Basics: PS Ratio


NexPoint Real Estate Finance  (NYSE:NREF) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


NexPoint Real Estate Finance PS Ratio Related Terms


NexPoint Real Estate Finance PS Ratio Historical Data

* Premium members only.

The historical data trend for NexPoint Real Estate Finance's PS 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.

NexPoint Real Estate Finance PS Ratio Chart

NexPoint Real Estate Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.28 17.27 192.07 9.35 3.37

NexPoint Real Estate Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio 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 6.28 4.52 3.50 3.37 3.55

NREF vs CMTG, RC, REFI: PS Ratio Comparison

For the REIT - Mortgage subindustry, NexPoint Real Estate Finance's PS Ratio, along with its competitors' market caps and PS 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.


NexPoint Real Estate Finance PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, NexPoint Real Estate Finance's PS Ratio distribution charts can be found below:

* The bar in red indicates where NexPoint Real Estate Finance's PS Ratio falls into.


NREF
44GF Score
NexPoint Real Estate Finance Inc NREF
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NexPoint Real Estate Finance PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

NexPoint Real Estate Finance's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=16.96/3.793
=4.47

NexPoint Real Estate Finance's Share Price of today is $16.96.
NexPoint Real Estate Finance's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.79.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 4.47 mean?
NexPoint Real Estate Finance (NREF) has a PS Ratio of 4.47 as of Aug. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NexPoint Real Estate Finance and its competitors. This is 51% below median its historical median of 9.15. Over the past decade, NexPoint Real Estate Finance's PS Ratio has ranged from 3.09 to 149.15. According to the industry distribution chart, NexPoint Real Estate Finance ranks #255 out of 902 companies in the REITs industry, placing it in the top 28.3%.
Is NexPoint Real Estate Finance's PS Ratio too high?
NexPoint Real Estate Finance's current PS Ratio of 4.47 is 51% below median its 10-year median of 9.15. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 149.15. The REITs industry median PS Ratio is 6.57. NexPoint Real Estate Finance's value of 4.47 is 32% below this industry median. Based on the distribution chart, NexPoint Real Estate Finance ranks #255 out of 902 companies in the REITs industry, which is above the industry midpoint. Overall, NexPoint Real Estate Finance has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does NexPoint Real Estate Finance's PS Ratio compare to CMTG and RC?
According to the REITs industry distribution chart, NexPoint Real Estate Finance ranks #255 out of 902 companies for PS Ratio. This puts NexPoint Real Estate Finance in the upper half of its industry. The industry median PS Ratio is 6.57. NexPoint Real Estate Finance's value of 4.47 is 32% below this benchmark. Historically, NexPoint Real Estate Finance's own PS Ratio has ranged from 3.09 to 149.15 over the past decade. While the company's 10-year median is 9.15 vs. the industry median of 6.57, NexPoint Real Estate Finance has consistently been below 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.57, based on 902 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NexPoint Real Estate Finance's current PS Ratio of 4.47 is 32% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NexPoint Real Estate Finance and its competitors. For the REITs industry, the median PS Ratio is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexPoint Real Estate Finance's current PS Ratio is 4.47, which is 51% below median its own 10-year median of 9.15. 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 PS Ratio of 4.47. The current PS Ratio is 4.47, which is 51% below median its 10-year median of 9.15 and 32% below the REITs industry median of 6.57. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For NexPoint Real Estate Finance (NREF), the current PS Ratio is 4.47 as of Aug. 02, 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 Business Description

Industry Real EstateREITs
Other Exchanges NREFpA.PFD:USA
Address 300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
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

Get the complete analysis for NREF

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.96
Price