Ares Commercial Real Estate (ACRE) Price to Book (2012 - 2026)
Ares Commercial Real Estate's (ACRE) Price to Book stood at 0.51 in the quarter ended Jun 30, 2026, up 1.9% from 0.50 a year earlier but down 5.4% from the prior quarter.
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Analysis
Ares Commercial Real Estate (ACRE) Price to Book (2012 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Ares Commercial Real Estate's Price to Book came in at 0.52, down 13.2% from the prior year.
- Across earlier years, Price to Book came in at 0.59 in the year ended Dec 31, 2024 (-33.6%), 0.90 in the year ended Dec 31, 2023 (+19.6%), 0.75 in the year ended Dec 31, 2022 (-25.8%) and 1.01 in the year ended Dec 31, 2021 (+20.0%).
- Quarterly Price to Book has ranged from 0.47 in the quarter ended Mar 31, 2025 to 1.07 in the quarter ended Mar 31, 2022 over the past five years.
- On a year-over-year basis, Price to Book rose in two of the last eight quarters, with an average decline of 15.0%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 61.8% in the quarter ended Sep 30, 2021, against a decline of 35.3% in the quarter ended Mar 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.54 (quarter ended Mar 31, 2026), 0.52 (quarter ended Dec 31, 2025) and 0.48 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.51 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.50 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.59 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.90 |
| Sep 30, 2023 | 0.75 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.75 |
| Sep 30, 2022 | 0.74 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 1.07 |
| Dec 31, 2021 | 1.01 |
| Sep 30, 2021 | 1.05 |
API Access
Ares Commercial Real Estate Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ACRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ACRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();