Lxp Industrial Trust Stock Price To Book

LXP Stock  USD 9.20  0.02  0.22%   
LXP Industrial Trust fundamentals help investors to digest information that contributes to LXP Industrial's financial success or failures. It also enables traders to predict the movement of LXP Stock. The fundamental analysis module provides a way to measure LXP Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LXP Industrial stock.
As of 11/22/2024, Price To Book Ratio is likely to drop to 0.98.
  
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LXP Industrial Trust Company Price To Book Analysis

LXP Industrial's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current LXP Industrial Price To Book

    
  1.35 X  
Most of LXP Industrial's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LXP Industrial Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

LXP Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for LXP Industrial is extremely important. It helps to project a fair market value of LXP Stock properly, considering its historical fundamentals such as Price To Book. Since LXP Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LXP Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LXP Industrial's interrelated accounts and indicators.
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LXP Price To Book Historical Pattern

Today, most investors in LXP Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various LXP Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of LXP Industrial price to book as a starting point in their analysis.
   LXP Industrial Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

LXP Book Value Per Share

Book Value Per Share

13.85

At this time, LXP Industrial's Book Value Per Share is relatively stable compared to the past year.
Based on the latest financial disclosure, LXP Industrial Trust has a Price To Book of 1.3479 times. This is 42.15% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The price to book for all United States stocks is 85.83% higher than that of the company.

LXP Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LXP Industrial's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LXP Industrial could also be used in its relative valuation, which is a method of valuing LXP Industrial by comparing valuation metrics of similar companies.
LXP Industrial is currently under evaluation in price to book category among its peers.

LXP Industrial Current Valuation Drivers

We derive many important indicators used in calculating different scores of LXP Industrial from analyzing LXP Industrial's financial statements. These drivers represent accounts that assess LXP Industrial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LXP Industrial's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.5B2.8B4.3B2.8B2.9B3.0B
Enterprise Value3.6B3.9B5.5B4.1B4.3B4.6B

LXP Industrial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, LXP Industrial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to LXP Industrial's managers, analysts, and investors.
Environmental
Governance
Social

LXP Fundamentals

About LXP Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LXP Industrial Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LXP Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LXP Industrial Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with LXP Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LXP Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LXP Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with LXP Stock

  0.92FR First Industrial RealtyPairCorr

Moving against LXP Stock

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  0.53MITT-PB AG Mortgage InvestmentPairCorr
  0.47MITT-PA AG Mortgage InvestmentPairCorr
  0.45VNO-PM Vornado Realty Trust Potential GrowthPairCorr
The ability to find closely correlated positions to LXP Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LXP Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LXP Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LXP Industrial Trust to buy it.
The correlation of LXP Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LXP Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LXP Industrial Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LXP Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for LXP Stock Analysis

When running LXP Industrial's price analysis, check to measure LXP Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LXP Industrial is operating at the current time. Most of LXP Industrial's value examination focuses on studying past and present price action to predict the probability of LXP Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LXP Industrial's price. Additionally, you may evaluate how the addition of LXP Industrial to your portfolios can decrease your overall portfolio volatility.