How does VNQ's PB Ratio compare to its peers?

Insufficient data to calculate VNQ's Price-To-Book Ratio vs. peers for valuation analysis.

How does VNQ's PB Ratio compare vs other companies in the US Capital Markets Industry?

VNQ is good value based on its Price-To-Book Ratio (1.6x) compared to the US Capital Markets industry average (1.9x).

What is VNQ's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate VNQ's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of VNQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate VNQ's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Vanguard Specialized Funds - Vanguard Real Estate ETF ARCA:VNQ Stock Report

Last Price

US$90.55

Market Cap

US$67.3b

7D

-0.2%

1Y

7.4%

Updated

31 Jan, 2025

Data

Company Financials

Vanguard Specialized Funds - Vanguard Real Estate ETF

ARCA:VNQ Stock Report

Market Cap: US$67.3b

VNQ Stock Overview

An exchange traded fund launched and managed by The Vanguard Group, Inc. More details

VNQ fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	3/6

My Notes

Capture your thoughts, links and company narrative

Vanguard Specialized Funds - Vanguard Real Estate ETF Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vanguard Specialized Funds - Vanguard Real Estate ETF
Historical stock prices
Current Share Price	US$90.55
52 Week High	US$99.58
52 Week Low	US$78.27
Beta	1.07
1 Month Change	1.65%
3 Month Change	-2.75%
1 Year Change	7.35%
3 Year Change	-13.78%
5 Year Change	-5.25%
Change since IPO	81.64%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	VNQ	US Capital Markets	US Market
7D	-0.2%	0.3%	-0.9%
1Y	7.4%	44.4%	22.6%

Return vs Industry: VNQ underperformed the US Capital Markets industry which returned 44.4% over the past year.

Return vs Market: VNQ underperformed the US Market which returned 22.6% over the past year.

Price Volatility

Is VNQ's price volatile compared to industry and market?
VNQ volatility
VNQ Average Weekly Movement	2.6%
Capital Markets Industry Average Movement	4.2%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.7%
10% least volatile stocks in US Market	3.2%

Stable Share Price: VNQ has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VNQ's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	n/a	advisors.vanguard.com/investments/products/vnq/vanguard-real-estate-etf?source=autosuggest&fromSearch=true#overview

Vanguard Specialized Funds - Vanguard Real Estate ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. It invests in public equity markets of the United States. It invests in stocks of companies operating across real estate, equity real estate investment trusts (reits) sectors. It invests in growth and value stocks of companies across diversified market capitalization.

Vanguard Specialized Funds - Vanguard Real Estate ETF Fundamentals Summary

How do Vanguard Specialized Funds - Vanguard Real Estate ETF's earnings and revenue compare to its market cap?
VNQ fundamental statistics
Market cap	US$67.28b
Earnings (TTM)	-US$2.99b
Revenue (TTM)	US$1.97b

50.3x

P/S Ratio

-33.1x

P/E Ratio

Is VNQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VNQ income statement (TTM)
Revenue	US$1.97b
Cost of Revenue	US$0
Gross Profit	US$1.97b
Other Expenses	US$4.95b
Earnings	-US$2.99b

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-2.73
Gross Margin	100.00%
Net Profit Margin	-151.69%
Debt/Equity Ratio	0.3%

How did VNQ perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

-128%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 07:17
End of Day Share Price	2025/01/31 00:00
Earnings	2024/01/31
Annual Earnings	2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vanguard Specialized Funds - Vanguard Real Estate ETF is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution