Chicago Atlantic Real Estate Finance price to book ratio REFI

Market value divided by the book value of the company's net assets, since 2022.

Today, Oct 23, 2026: 0.8×
5-year median: 1.0×
Against its 5-year history: 6th; percentile: 0 is its lowest day, 100 its highest
5-year range: 0.7× to 1.2×
Peer median: 0.7×

Chicago Atlantic Real Estate Finance's price to book ratio is 0.8× as of Oct 23, 2026.

That is below its 5-year median of 1.0×, lower than on 94% of days in the last 5 years.

Over that time it ranged from 0.7× in Jul 2026 to 1.2× in Apr 2022.

The median for 10 specialty REITs of a similar size is 0.7×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	0.8×	0.7×	0.9×
2025	0.9×	0.8×	1.1×
2024	1.1×	1.0×	1.1×
2023	1.1×	0.9×	1.1×
2022	1.0×	0.9×	1.2×

Against its peers

Companies in REIT - Specialty nearest Chicago Atlantic Real Estate Finance's size, closest first, today.

Company	Price to book ratio
REFIChicago Atlantic Real Estate Finance	0.8×
PINEAlpine Income Property Trust	0.8×
NREFNexPoint Real Estate Finance	0.8×
STRWStrawberry Fields REIT	21.7×
MITTTPG Mortgage Investment Trust	0.3×
CHCTCommunity Healthcare Trust	0.9×
XRNChiron Real Estate	0.6×
SEVNSeven Hills Realty Trust	0.4×
TCITranscontinental Realty Investors	0.5×
FPIFarmland Partners	1.0×
TRTXTPG RE Finance Trust	0.5×
Peer median	0.7×

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 Chicago Atlantic Real Estate Finance

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