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 (2024-04-30), The RMR Group's share price is $24.00. The RMR Group's Book Value per Share for the quarter that ended in Dec. 2023 was $14.42. Hence, The RMR Group's PB Ratio of today is 1.66.
Good Sign:
The RMR Group Inc stock PB Ratio (=1.63) is close to 3-year low of 1.52
The historical rank and industry rank for The RMR Group's PB Ratio or its related term are showing as below:
RMR'
s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 2.57 Max: 6.82
Current: 1.66
During the past 11 years, The RMR Group's highest PB Ratio was 6.82. The lowest was 0.13. And the median was 2.57.
RMR's PB Ratio is ranked worse than 77.09% of 1755
companies
in the Real Estate industry
Industry Median: 0.8
vs RMR: 1.66
During the past 12 months, The RMR Group's average Book Value Per Share Growth Rate was 15.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.80% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of The RMR Group was 32.80% per year. The lowest was -47.80% per year. And the median was -6.75% per year.
Back to Basics: PB Ratio
The RMR Group PB Ratio Historical Data
The historical data trend for The RMR Group'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.
Competitive Comparison of The RMR Group's PB Ratio
For the Real Estate Services subindustry, The RMR Group'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.
The RMR Group's PB Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, The RMR Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where The RMR Group's PB Ratio falls into.
The RMR Group 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.
The RMR Group's PB Ratio for today is calculated as follows:
* 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.
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.
The RMR Group PB Ratio Related Terms
Thank you for viewing the detailed overview of The RMR Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
The RMR Group (The RMR Group) Business Description
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
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