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Safehold (Safehold) PB Ratio : 0.70 (As of Apr. 27, 2024)


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What is Safehold PB Ratio?

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 (2024-04-27), Safehold's share price is $23.65. Safehold's Book Value per Share for the quarter that ended in Mar. 2023 was $33.65. Hence, Safehold's PB Ratio of today is 0.70.

The historical rank and industry rank for Safehold's PB Ratio or its related term are showing as below:

SAFE' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.37   Max: 1.05
Current: 0.75

During the past 13 years, Safehold's highest PB Ratio was 1.05. The lowest was 0.20. And the median was 0.37.

SAFE's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.825 vs SAFE: 0.75

During the past 12 months, Safehold's average Book Value Per Share Growth Rate was -73.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Safehold was 113.00% per year. The lowest was -62.40% per year. And the median was -3.20% per year.

Back to Basics: PB Ratio


Safehold PB Ratio Historical Data

The historical data trend for Safehold'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.

Safehold PB Ratio Chart

Safehold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.49 0.57 0.95 0.27

Safehold Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.32 0.22 0.27 0.87

Competitive Comparison of Safehold's PB Ratio

For the REIT - Diversified subindustry, Safehold'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.


Safehold's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safehold's PB Ratio distribution charts can be found below:

* The bar in red indicates where Safehold's PB Ratio falls into.



Safehold 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.

Safehold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2023)
=23.65/33.65
=0.70

* 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.


Safehold  (NYSE:SAFE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Safehold PB Ratio Related Terms

Thank you for viewing the detailed overview of Safehold's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Safehold (Safehold) Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.
Executives
Jay S Nydick officer: PRESIDENT 1114 AVENUE OF THE AMERICAS, 27TH FLR, NEW YORK NY 10036
Robin Josephs director
Jay Sugarman director, officer: Chairman and CEO 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Barry W Ridings director 21 LILAC LANE, PRINCETON NJ 08540
Gic Private Ltd director 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Sfty Venture Llc director C/O GIC REAL ESTATE, INC., 280 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Gic Real Estate, Inc. director ONE BUSH STREET, SUITE 1000, SAN FRANCISCO CA 94104
Gic Real Estate Private Ltd director C/O GIC PRIVATE LIMITED, 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Jesse Hom director 168 ROBINSON ROAD, #37-01, CAPITAL TOWER, SINGAPORE U0 068912
Stefan M Selig director 2 EAST 70TH STREET, NEW YORK NY 10021
Star Holdings 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: Chief Accounting Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
David Eisenberg director C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036

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