| How Does Blackstone Mortgage Trust Compare to Its Peers? | |
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US Equity Market Update: October 27, 2015 (Continued from Prior Part) Blackstone Mortgage and its peers
In this part of the series, we’ll compare Blackstone Mortgage to its peers:
- The PE (price-to-earnings) ratios of Blackstone Mortgage Trust (BXMT), Starwood Property Trust (STWD), Colony Capital (CLNY), Ladder Capital (LADR), and Apollo Commercial Real Estate Finance (ARI) are 15.57x, 9.38x, 25.26x, 15.04x, and 10.58x, respectively.
- The PBV (price-to-book value) ratios of Blackstone Mortgage, Starwood Property, Colony Capital, Ladder Capital, and Apollo Commercial are 0.90x, 1.12x, 0.79x, 0.90x, and 0.94x, respectively.
According to the above figures, the peers have outperformed Blackstone Mortgage Trust based on PBV. However, Blackstone is way ahead of its peers based on PE.
ETFs that invest in Blackstone Mortgage Trust
The Market Vectors Mortgage REIT Income ETF (MORT) invests 5.2% of its holdings in Blackstone Mortgage. The ETF tracks a market-cap weighted index of mortgage REITs.
The iShares Mortgage Real Estate Capped ETF (REM) invests 4.6% of its holdings in Blackstone Mortgage. The ETF tracks a market-cap weighted index of residential and commercial mortgage REITs.
The iShares Morningstar Small-Cap Value ETF (JKL) invests 0.34% of its holdings in Blackstone Mortgage. The ETF tracks a market-cap weighted index of US small-cap value stocks. The index stocks from the 90th to the 97th percentile of the market-cap spectrum, using fundamental factors.
Blackstone Mortgage compared to its ETFs
Now let’s compare Blackstone Mortgage with the ETFs that invest in it:
- The year-to-date price movements of Blackstone Mortgage, MORT, REM, and JKL are 0.87%, -6.8%, -5.5%, and -5.7%, respectively.
- The PE (price-to-earnings) ratios of Blackstone Mortgage, MORT, REM, and JKL are 15.57x, 17.30x, 16.24x, and 21.48x, respectively.
- The PBV (price-to-book value) ratios of Blackstone Mortgage, MORT, REM, and JKL are 0.90x, 0.81x, 0.82x, and 1.32x, respectively.
According to the above figures, ETFs have outperformed Blackstone Mortgage Trust (BXMT) based on PE. However, Blackstone Mortgage is way ahead of its ETFs based on price movement and PBV.
Continue to Next Part Browse this series on Market Realist:
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Prb Energy Inc.
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CODE : PRB |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Prb Energy is a and oil development stage company based in United states of america. Prb Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 214.4 millions as of today (€ 188.5 millions). Its stock quote reached its lowest recent point on April 25, 2008 at US$ 0.10, and its highest recent level on June 28, 2019 at US$ 24.58. Prb Energy has 8 722 000 shares outstanding. |