Ashford Hospitality Trust price to book ratio AHT

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 50.5×; Feb 2022
10-year median: 9.0×
10-year range: 2.1× to 78.4×
Peer median: 0.5×

Ashford Hospitality Trust's price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Feb 2022, at 50.5×.

On the days it had one over the last ten years, its median was 9.0×, from 2.1× in Jul 2020 to 78.4× in Nov 2021.

Price to book ratio over time

median 9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2022	50.5×	41.7×	65.8×
2021	56.0×	56.0×	78.4×
2020	2.1×	2.1×	9.0×
2019	9.4×	6.7×	14.8×
2018	7.8×	7.8×	14.2×
2017	9.3×	7.1×	10.5×
2016	9.9×	5.1×	9.9×
2015	6.9×	6.1×	17.6×
2014	15.3×	6.8×	17.0×
2013	6.8×	5.0×	7.4×
2012	4.7×	3.3×	4.8×
2011	3.3×	2.8×	4.0×

Against its peers

Companies in REIT - Specialty nearest Ashford Hospitality Trust's size, closest first, today.

Company	Price to book ratio
AHTAshford Hospitality Trust	n/m
MDRRMedalist Diversified	0.6×
LOANManhattan Bridge Capital	0.9×
SELFGlobal Self Storage	1.2×
IORIncome Opportunity Realty Investors	0.6×
SUNSSunrise Realty Trust	0.5×
CHMICherry Hill Mortgage Investment	0.4×
ESBAEmpire State Realty OP	0.1×
SEVNSeven Hills Realty Trust	0.4×
MITTTPG Mortgage Investment Trust	0.3×
STRWStrawberry Fields REIT	21.7×
Peer median	0.5×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Ashford Hospitality Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.