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NexPoint Diversified Real Estate Trust (NexPoint Diversified Real Estate Trust) Price-to-Tangible-Book : 0.26 (As of May. 13, 2024)


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What is NexPoint Diversified Real Estate Trust Price-to-Tangible-Book?

As of today (2024-05-13), NexPoint Diversified Real Estate Trust's share price is $5.98. NexPoint Diversified Real Estate Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $22.95. Hence, NexPoint Diversified Real Estate Trust's Price to Tangible Book Ratio of today is 0.26.

The historical rank and industry rank for NexPoint Diversified Real Estate Trust's Price-to-Tangible-Book or its related term are showing as below:

NXDT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.61   Max: 0.97
Current: 0.26

During the past 7 years, NexPoint Diversified Real Estate Trust's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.26. And the median was 0.61.

NXDT's Price-to-Tangible-Book is ranked better than
95.46% of 837 companies
in the REITs industry
Industry Median: 0.84 vs NXDT: 0.26

A closely related ratio is called PB Ratio. As of today, NexPoint Diversified Real Estate Trust's share price is $5.98. NexPoint Diversified Real Estate Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.06. Hence, NexPoint Diversified Real Estate Trust's P/B Ratio of today is 0.26.


NexPoint Diversified Real Estate Trust Price-to-Tangible-Book Historical Data

The historical data trend for NexPoint Diversified Real Estate 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.

NexPoint Diversified Real Estate Trust Price-to-Tangible-Book Chart

NexPoint Diversified Real Estate Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.83 0.61 0.55 0.41 0.35

NexPoint Diversified Real Estate Trust Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.41 0.39 0.48 0.37 0.35

Competitive Comparison of NexPoint Diversified Real Estate Trust's Price-to-Tangible-Book

For the REIT - Diversified subindustry, NexPoint Diversified Real Estate 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.


NexPoint Diversified Real Estate Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where NexPoint Diversified Real Estate Trust's Price-to-Tangible-Book falls into.



NexPoint Diversified Real Estate Trust Price-to-Tangible-Book Calculation

NexPoint Diversified Real Estate Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.98/22.946
=0.26

* 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 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.


NexPoint Diversified Real Estate Trust Price-to-Tangible-Book Related Terms

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


NexPoint Diversified Real Estate Trust (NexPoint Diversified Real Estate Trust) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Diversified Real Estate Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide both current income and capital appreciation. The portfolio of the fund consists of financial, REIT, telecommunication, information technology, asset-backed securities, and others.
Executives
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
James D Dondero 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain director C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz officer: Sr VP-Investments & Asset Mgmt 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Stephanie Vitiello officer: Chief Compliance Officer NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Ethan Powell director 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Dustin David Norris director, officer: Secretary 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Brian Mitts officer: PFO & Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Bryan A Ward director 3625 ROSEDALE, DALLAS TX 75205