Superworth

Safehold price to book ratio SAFE

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

Today, Oct 23, 2026
0.3×
10-year median
1.4×
Against its 10-year history
0th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.3× to 8.3×
Peer median
0.8×

Safehold's price to book ratio is 0.3× as of Oct 23, 2026.

That is below its ten-year median of 1.4×, lower than on 100% of days in the last ten years.

Over that time it ranged from 0.3× in Oct 2026 to 8.3× in Aug 2021.

The median for 10 specialty REITs of a similar size is 0.8×.

Price to book ratio over time

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

YearEnd of yearLowHigh
2026 so far0.3×0.3×0.5×
20250.4×0.4×0.6×
20240.6×0.6×0.8×
20230.7×0.4×1.9×
20221.5×1.3×5.7×
20216.4×5.7×8.3×
20206.0×2.3×6.1×
20192.2×1.1×2.7×
20181.3×1.1×1.4×
20171.4×1.1×4.4×
20164.2×2.9×4.3×
20154.4×4.4×5.2×
20144.6×4.4×5.2×
20134.5×2.6×4.6×
20122.5×1.5×2.5×
20111.4×1.3×1.9×

Against its peers

Companies in REIT - Specialty nearest Safehold's size, closest first, today.

CompanyPrice to book ratio
SAFESafehold0.3×
ARIApollo Commercial Real Estate Finance0.7×
CTOCTO Realty Growth1.1×
BFSSaul Centers2.5×
ADAMAdamas Trust0.5×
MFAMFA Financial0.4×
PSTLPostal Realty Trust2.0×
CSRCenterspace1.4×
CLDTChatham Lodging Trust0.9×
PMTPennyMac Mortgage Investment Trust0.3×
IVRInvesco Mortgage Capital0.6×
Peer median0.8×

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 Safehold

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