Ares Commercial Real Estate
ACRE
#7005
Rank
HK$3.07 B
Marketcap
HK$56.29
Share price
1.26%
Change (1 day)
-25.97%
Change (1 year)

Ares Commercial Real Estate (ACRE) - P/B ratio

P/B ratio as of November 2024 : 0.6815

According to Ares Commercial Real Estate's latest financial reports the company has a price-to-book ratio of 39.9793.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Ares Commercial Real Estate - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-310.896219.59%
2022-12-310.7494-25.58%
2021-12-311.0119.6%
2020-12-310.8420-21.49%
2019-12-311.0721.72%
2018-12-310.88110.14%
2017-12-310.8799-3.33%
2016-12-310.910226.94%
2015-12-310.71705.06%
2014-12-310.6824-25.77%
2013-12-310.9193-0.05%
2012-12-310.9198

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.57 129.89%๐Ÿ‡บ๐Ÿ‡ธ USA
1.30 90.48%๐Ÿ‡บ๐Ÿ‡ธ USA