Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.
P/B ratio for Ares Commercial Real Estate Corporation (ACRE)
P/B ratio as of 2023: 0.90
According to Ares Commercial Real Estate Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.90. At the end of 2022 the company had a P/B ratio of 0.71.
P/B ratio history for Ares Commercial Real Estate Corporation from 2011 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.90 |
| 2022 | 0.71 |
| 2021 | 0.91 |
| 2020 | 0.83 |
| 2019 | 1.06 |
| 2018 | 0.87 |
| 2017 | 0.88 |
| 2016 | 0.93 |
| 2015 | 0.80 |
| 2014 | 0.81 |
| 2013 | 0.61 |
| 2012 | 0.65 |
| 2011 | 0.00 |