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Ares Commercial Real Estate's book value per share for the quarter that ended in Dec. 2023 was $11.56.
During the past 12 months, Ares Commercial Real Estate's average Book Value Per Share Growth Rate was -15.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ares Commercial Real Estate was 172.50% per year. The lowest was -7.10% per year. And the median was -0.40% per year.
Ares Commercial Real Estate's current price is $6.85. Its book value per share for the quarter that ended in Dec. 2023 was $11.56. Hence, today's PB Ratio of Ares Commercial Real Estate is 0.59.
During the past 13 years, the highest P/B Ratio of Ares Commercial Real Estate was 1.20. The lowest was 0.30. And the median was 0.89.
Good Sign:
Ares Commercial Real Estate Corp stock PB Ratio (=0.59) is close to 3-year low of 0.57
The historical data trend for Ares Commercial Real Estate's Book Value per Share 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.
Ares Commercial Real Estate Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Book Value per Share | Get a 7-Day Free Trial | 14.77 | 14.14 | 14.40 | 13.73 | 11.56 |
Ares Commercial Real Estate Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Book Value per Share | Get a 7-Day Free Trial | 13.73 | 13.15 | 12.77 | 12.62 | 11.56 |
For the REIT - Mortgage subindustry, Ares Commercial Real Estate'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.
For the REITs industry and Real Estate sector, Ares Commercial Real Estate's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ares Commercial Real Estate's PB Ratio falls into.
Ares Commercial Real Estate's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (625.85 | - | 0.00) | / | 54.15 | |
= | 11.56 |
Ares Commercial Real Estate's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:
Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (625.85 | - | 0.00) | / | 54.15 | |
= | 11.56 |
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Ares Commercial Real Estate (NYSE:ACRE) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Thank you for viewing the detailed overview of Ares Commercial Real Estate's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Bryan Patrick Donohoe | officer: Chief Executive Officer | C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Anton Feingold | officer: General Counsel VP & Secretary | C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
William Stephen Benjamin | director | C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Rebecca Jaisali Parekh | director | C/O ARES COMMERCIAL REAL ESTATE, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Michael J Arougheti | director | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
James Alan Henderson | officer: President and CIO | C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
David A Roth | officer: President | C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154 |
Rand Scott April | director | C/O ARES COMMERCIAL REAL ESTATE MGMT, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Moriarty Edmond N. Iii | director | C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Kirk Sykes | director | C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167 |
Robert L Rosen | director | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
James E Skinner | director | NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201 |
Caroline Blakely | director | ONE NORTH WACKER DRIVE 48TH FL, CHICAGO IL 60606 |
John Jardine | director, officer: Co-Chief Executive Officer | C/O ARES COMMERCIAL REAL ESTATE CORP., ONE NORTH WACKER DRIVE, 48TH FLOOR, CHICAGO IL 60606 |
Todd Schuster | director | C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
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