Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial properties through a foreclosure event of a loan or a direct acquisition. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.
P/B ratio for Great Ajax Corp. (AJX)
P/B ratio as of 2023: 0.42
According to Great Ajax Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.42. At the end of 2022 the company had a P/B ratio of 0.49.
P/B ratio history for Great Ajax Corp. from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.42 |
| 2022 | 0.49 |
| 2021 | 0.60 |
| 2020 | 0.49 |
| 2019 | 0.78 |
| 2018 | 1.00 |
| 2017 | 0.83 |
| 2016 | 0.79 |
| 2015 | 0.76 |
| 2014 | 1.30 |