Ares Commercial Real Estate (ACRE) Price to Earnings (2012 - 2023)
Ares Commercial Real Estate's Price to Earnings was 149.13 in the quarter ended Sep 30, 2023, compared with 12.92 a year earlier.
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Analysis
Ares Commercial Real Estate (ACRE) Price to Earnings (2012 - 2023) Analysis & Trends
For the year ended Dec 31, 2022, Price to Earnings at Ares Commercial Real Estate came in at 18.81, up 65.9% from the prior year.
- In earlier years, Price to Earnings was 11.34 in the year ended Dec 31, 2021 (-37.8%), 18.24 in the year ended Dec 31, 2020 (+47.5%), 12.36 in the year ended Dec 31, 2019 (+27.2%) and 9.72 in the year ended Dec 31, 2018 (-19.9%).
- The figure for the quarter ended Sep 30, 2023 marks the highest quarterly Price to Earnings since the quarter ended Mar 31, 2013.
- Compared with a year earlier, Price to Earnings was higher in five of the last six quarters, with growth averaging 90.2%.
- The best year-over-year quarter for Price to Earnings over five years was the quarter ended Mar 31, 2023 (growth of 475.2%); the worst was the quarter ended Jun 30, 2021 (a decline of 59.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Ares Commercial Real Estate | 213.05 Mn | -4.83 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 149.13 |
| Mar 31, 2023 | 69.47 |
| Dec 31, 2022 | 18.81 |
| Sep 30, 2022 | 12.92 |
| Jun 30, 2022 | 12.48 |
| Mar 31, 2022 | 12.08 |
| Dec 31, 2021 | 11.34 |
| Sep 30, 2021 | 12.28 |
| Jun 30, 2021 | 11.01 |
| Mar 31, 2021 | 10.13 |
| Dec 31, 2020 | 18.24 |
| Sep 30, 2020 | 17.88 |
| Jun 30, 2020 | 27.23 |
| Mar 31, 2020 | 20.87 |
| Dec 31, 2019 | 12.36 |
| Sep 30, 2019 | 11.73 |
| Jun 30, 2019 | 11.21 |
| Mar 31, 2019 | 11.59 |
| Dec 31, 2018 | 9.72 |
| Sep 30, 2018 | 11.53 |
API Access
Ares Commercial Real Estate Price to Earnings 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-earnings&ticker=ACRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();