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Net Lease Office Properties (Net Lease Office Properties) PB Ratio : 0.52 (As of May. 10, 2024)


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What is Net Lease Office Properties 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 (2024-05-10), Net Lease Office Properties's share price is $23.97. Net Lease Office Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $46.30. Hence, Net Lease Office Properties's PB Ratio of today is 0.52.

The historical rank and industry rank for Net Lease Office Properties's PB Ratio or its related term are showing as below:

NLOP' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.5   Max: 0.58
Current: 0.52

During the past 5 years, Net Lease Office Properties's highest PB Ratio was 0.58. The lowest was 0.17. And the median was 0.50.

NLOP's PB Ratio is ranked better than
84.2% of 848 companies
in the REITs industry
Industry Median: 0.84 vs NLOP: 0.52

During the past 12 months, Net Lease Office Properties's average Book Value Per Share Growth Rate was -40.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Net Lease Office Properties was -14.40% per year. The lowest was -14.40% per year. And the median was -14.40% per year.

Back to Basics: PB Ratio


Net Lease Office Properties PB Ratio Historical Data

The historical data trend for Net Lease Office Properties'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.

Net Lease Office Properties PB Ratio Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - - 0.40

Net Lease Office Properties Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - 0.40

Competitive Comparison of Net Lease Office Properties's PB Ratio

For the REIT - Office subindustry, Net Lease Office Properties'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.


Net Lease Office Properties's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Net Lease Office Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Net Lease Office Properties's PB Ratio falls into.



Net Lease Office Properties 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.

Net Lease Office Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=23.97/46.304
=0.52

* 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.


Net Lease Office Properties  (NYSE:NLOP) 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.


Net Lease Office Properties PB Ratio Related Terms

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Net Lease Office Properties (Net Lease Office Properties) Business Description

Traded in Other Exchanges
N/A
Address
395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Website
Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.
Executives
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a. director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox officer: CHIEF EXECUTIVE OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone officer: CHIEF FINANCIAL OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander officer: CHIEF ACCOUNTING OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc. 10 percent owner ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

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