Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Northeastern United States and Florida. It offers loans to real estate investors and owners to fund their acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.
P/B ratio for Sachem Capital Corp. (SACH)
P/B ratio as of 2023: 0.72
According to Sachem Capital Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.72. At the end of 2022 the company had a P/B ratio of 0.57.
P/B ratio history for Sachem Capital Corp. from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.72 |
| 2022 | 0.57 |
| 2021 | 0.85 |
| 2020 | 1.14 |
| 2019 | 1.02 |
| 2018 | 1.14 |
| 2017 | 0.86 |
| 2016 | 1.96 |
| 2015 | 1.78 |
| 2014 | 2.67 |
| 2001 | 0.00 |