Alexanders price to book ratio ALX
Market value divided by the book value of the company's net assets, since 2011.
- Today, Oct 23, 2026
- 5.7×
- 10-year median
- 6.1×
- Against its 10-year history
- 38th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 3.3× to 15.9×
- Peer median
- 1.1×
Alexanders' price to book ratio is 5.7× as of Oct 23, 2026.
That is below its ten-year median of 6.1×, close to the middle of its last ten years.
Over that time it ranged from 3.3× in Oct 2023 to 15.9× in Jul 2026.
The median for 10 specialty REITs of a similar size is 1.1×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 5.7× | 5.3× | 15.9× |
| 2025 | 8.7× | 5.0× | 9.2× |
| 2024 | 5.3× | 4.4× | 6.2× |
| 2023 | 4.3× | 3.3× | 4.9× |
| 2022 | 4.5× | 4.2× | 7.1× |
| 2021 | 6.8× | 6.3× | 7.7× |
| 2020 | 6.8× | 4.7× | 7.0× |
| 2019 | 6.4× | 5.2× | 7.4× |
| 2018 | 5.2× | 5.1× | 6.5× |
| 2017 | 5.9× | 5.9× | 6.4× |
| 2016 | 6.1× | 5.3× | 6.4× |
| 2015 | 5.7× | 5.3× | 7.3× |
| 2014 | 6.8× | 5.1× | 6.8× |
| 2013 | 5.2× | 4.1× | 5.2× |
| 2012 | 4.7× | 4.7× | 6.5× |
| 2011 | 5.3× | 5.1× | 6.7× |
Against its peers
Companies in REIT - Specialty nearest Alexanders' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| ALXAlexanders | 5.7× |
| AATAmerican Assets Trust | 1.2× |
| UMHUMH Properties | 1.5× |
| DEAEasterly Government Properties | 0.8× |
| CBLCBL & Associates Properties | 3.6× |
| CSRCenterspace | 1.4× |
| BXMTBlackstone Mortgage Trust | 0.5× |
| ARIApollo Commercial Real Estate Finance | 0.7× |
| SMASmartStop Self Storage REIT | 1.7× |
| SAFESafehold | 0.3× |
| CTOCTO Realty Growth | 1.1× |
| Peer median | 1.1× |
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 Alexanders
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.