Ares Commercial Real Estate
ACRE
#6322
Rank
$0.36 B
Marketcap
$6.66
Share price
1.52%
Change (1 day)
-22.92%
Change (1 year)

P/E ratio for Ares Commercial Real Estate (ACRE)

P/E ratio as of April 2024 (TTM): -66.6

According to Ares Commercial Real Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -66.6. At the end of 2022 the company had a P/E ratio of 17.2.

P/E ratio history for Ares Commercial Real Estate from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.272.21%
20219.96-47.32%
202018.955.15%
201912.227.08%
20189.59-19.73%
201711.923.53%
20169.671.42%
20159.53-28.58%
201413.3-26.08%
201318.1-90.38%
2012188

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-7.60-88.60%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.