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CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) PB Ratio : 0.69 (As of May. 12, 2024)


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What is CIM Real Estate Finance Trust PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), CIM Real Estate Finance Trust's share price is $3.5932. CIM Real Estate Finance Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $5.18. Hence, CIM Real Estate Finance Trust's PB Ratio of today is 0.69.

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

CMRF' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.21   Max: 1.35
Current: 0.69

During the past 12 years, CIM Real Estate Finance Trust's highest PB Ratio was 1.35. The lowest was 0.01. And the median was 1.21.

CMRF's PB Ratio is ranked better than
66.75% of 848 companies
in the REITs industry
Industry Median: 0.84 vs CMRF: 0.69

During the past 12 months, CIM Real Estate Finance Trust's average Book Value Per Share Growth Rate was -7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of CIM Real Estate Finance Trust was 4.70% per year. The lowest was -6.10% per year. And the median was -3.05% per year.

Back to Basics: PB Ratio


CIM Real Estate Finance Trust PB Ratio Historical Data

The historical data trend for CIM Real Estate Finance Trust's PB 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.

* Premium members only.

CIM Real Estate Finance Trust PB Ratio Chart

CIM Real Estate Finance Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.15 1.21 - 0.74

CIM Real Estate Finance Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB 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 - - 0.90 0.68 0.74

Competitive Comparison of CIM Real Estate Finance Trust's PB Ratio

For the REIT - Retail subindustry, CIM Real Estate Finance Trust's PB Ratio, along with its competitors' market caps and PB 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.


CIM Real Estate Finance Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CIM Real Estate Finance Trust's PB Ratio falls into.



CIM Real Estate Finance Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CIM Real Estate Finance Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.5932/5.183
=0.69

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


CIM Real Estate Finance Trust  (OTCPK:CMRF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


CIM Real Estate Finance Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of CIM Real Estate Finance Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016
CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments.
Executives
Jason K Schreiber director 263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande director 30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans director 5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis director 2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley director
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh director C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler director, officer: CEO & President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr officer: See Remarks COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano director C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

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