The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Apollo Commercial Real Estate Finance's share price is $10.78. Apollo Commercial Real Estate Finance's Book Value per Share for the quarter that ended in Dec. 2023 was $15.63. Hence, Apollo Commercial Real Estate Finance's PB Ratio of today is 0.69.
The historical rank and industry rank for Apollo Commercial Real Estate Finance's PB Ratio or its related term are showing as below:
ARI'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.88 Max: 1.12
Current: 0.69
During the past 13 years, Apollo Commercial Real Estate Finance's highest PB Ratio was 1.12. The lowest was 0.34. And the median was 0.88.
ARI's PB Ratio is ranked better than 66.04% of 857
companies
in the REITs industry
Industry Median: 0.83
vs ARI: 0.69
During the past 12 months, Apollo Commercial Real Estate Finance's average Book Value Per Share Growth Rate was -6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Apollo Commercial Real Estate Finance was 4.50% per year. The lowest was -6.80% per year. And the median was 0.40% per year.
Back to Basics: PB Ratio
Apollo Commercial Real Estate Finance PB Ratio Historical Data
The historical data trend for Apollo Commercial Real Estate Finance's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Apollo Commercial Real Estate Finance Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
1.07
0.69
0.80
0.64
0.75
Apollo Commercial Real Estate Finance Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
0.64
0.56
0.72
0.65
0.75
Competitive Comparison
For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apollo Commercial Real Estate Finance PB Ratio Distribution
For the REITs industry and Real Estate sector, Apollo Commercial Real Estate Finance's PB Ratio distribution charts can be found below:
* The bar in red indicates where Apollo Commercial Real Estate Finance's PB Ratio falls into.
Apollo Commercial Real Estate Finance PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Apollo Commercial Real Estate Finance's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Apollo Commercial Real Estate Finance (NYSE:ARI) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Apollo Commercial Real Estate Finance PB Ratio Related Terms
Thank you for viewing the detailed overview of Apollo Commercial Real Estate Finance's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Business Description
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
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