| 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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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Prb Energy est une société développant des projet miniers et de pétrole basée aux Etats-Unis D'Amerique. Prb Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 214,4 millions US$ (188,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 25 avril 2008 à 0,10 US$, et son plus haut niveau récent le 28 juin 2019 à 24,58 US$. Prb Energy possède 8 722 000 actions en circulation. |