Safehold Inc (SAFE) valuation
Safehold P/E ratio history
Safehold trades at 7.0 times its earnings over the last twelve months and 6.9 times the earnings analysts expect over the next twelve.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $13.69 | $1.59 | 8.6 | 8.4 |
| Dec 31, 2024 | $18.48 | $1.48 | 12.5 | 11.4 |
| Dec 31, 2023 | $23.40 | -$0.82 | n/m | — |
| Dec 31, 2022 | $28.62 | — | n/m | — |
| Dec 31, 2021 | $79.85 | — | n/m | 49.1 |
| Dec 31, 2020 | $72.49 | — | n/m | — |
| Dec 31, 2019 | $40.30 | — | n/m | — |
| Dec 31, 2018 | $18.81 | -$5.31 | n/m | — |
| Dec 31, 2017 | $17.60 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Safehold valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SafeholdSAFE | $809M | 7.0 | 6.9 | 1.9 |
| Service Properties TrustSVC | $810M | — | — | 0.5 |
| Summit Hotel Properties ReitINN | $772M | — | — | 1.1 |
| Empire State Realty Reit Inc TrustESRT | $857M | 248.5 | — | 1.1 |
| Cto Realty GrowthCTO | $739M | 17.4 | 30.3 | 4.3 |
| Saul Centers ReitBFS | $714M | 30.0 | — | 2.4 |
| Jbg Smith PropertiesJBGS | $692M | — | — | 1.4 |
| Chatham Lodging Trust ReitCLDT | $689M | 184.4 | — | 2.3 |
| CenterspaceCSR | $982M | 46.0 | — | 3.7 |
| Peer median | 46.0 | 30.3 | 1.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: SAFE financials · SAFE returns
No forecast, no recommendation. This page describes Safehold Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.