Claros Mortgage Trust (Claros Mortgage Trust) Price-to-Tangible-Book : 0.55 (As of May. 15, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Claros Mortgage Trust Price-to-Tangible-Book?

As of today (2024-05-15), Claros Mortgage Trust's share price is $8.81. Claros Mortgage Trust's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $15.97. Hence, Claros Mortgage Trust's Price to Tangible Book Ratio of today is 0.55.

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

CMTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 0.75 Max: 0.94
Current: 0.55

During the past 5 years, Claros Mortgage Trust's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.52. And the median was 0.75.

CMTG's Price-to-Tangible-Book is ranked better than
84.39% of 839 companies
in the REITs industry
Industry Median: 0.83 vs CMTG: 0.55

A closely related ratio is called PB Ratio. As of today, Claros Mortgage Trust's share price is $8.81. Claros Mortgage Trust's Book Value per Sharefor the quarter that ended in Mar. 2024 was $15.97. Hence, Claros Mortgage Trust's P/B Ratio of today is 0.55.

Claros Mortgage Trust Price-to-Tangible-Book Historical Data

The historical data trend for Claros Mortgage 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.

Claros Mortgage Trust Price-to-Tangible-Book Chart

Claros Mortgage Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.89

0.83

0.82

Claros Mortgage Trust Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial												0.66	0.65	0.67	0.82	0.61

Competitive Comparison of Claros Mortgage Trust's Price-to-Tangible-Book

For the REIT - Mortgage subindustry, Claros Mortgage 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.

Claros Mortgage Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Claros Mortgage Trust Price-to-Tangible-Book Calculation

Claros Mortgage Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	8.81	/	15.971
	=	0.55

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Claros Mortgage Trust Price-to-Tangible-Book Related Terms

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

Claros Mortgage Trust (Claros Mortgage Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Claros Mortgage Trust Inc (NYSE:CMTG) » Definitions » Price-to-Tangible-Book

Comparable Companies

ARI LADR TWO RC PMT CIM FBRT MFA EFC RWT NLY STWD AGNC RITM BXMT ABR ARR KREF NYMT DX

Traded in Other Exchanges

5WO:Germany

Address

C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023

Website

https://www.clarosmortgage.com

Claros Mortgage Trust Inc is a real estate investment trust. The company is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S.

Executives

Steven Leonard Richman	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
W Edward Walter	director
Jeffrey D Siegel	officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Jai Agarwal	officer: Chief Financial Officer	601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Richard Mack	director, officer: See Remarks	60 COLOMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Mary Haggerty	director	13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Mike Mcgillis	director, officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Pamela Liebman	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Vincent Tese	director	245 PARK AVE, 19TH FL., NEW YORK NY 10167
Andrew Mark Silberstein	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Koch Industries Inc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Holdings, Llc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Beaverhead Capital, Llc	10 percent owner	4111 E. 37TH STREET NORTH, WICHITA KS 67220
Derrick D Cephas	director	690 LEE ROAD, WAYNE PA 19087
Priyanka Garg	officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023