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Primaris REITPMREF 81 3-Year Book Growth Rate is 0.20% as of Mar. 2026, which is at its 10-year median of 0.20. GuruFocus rates PMREF with a GF Score™ of 81/100 and a GF Value™ of $13.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 837 REITs companies, Primaris REIT ranks better than 60.1% on this metric.
During the past 3 years, the average Book Value per Share Growth Rate was 0.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 11.00% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 8.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Primaris REIT was 44.50% per year. The lowest was -19.70% per year. And the median was 0.20% per year.
Primaris REIT (OTCPK:PMREF) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Primaris REIT 3-Year Book Growth Rate Related Terms
PMREF vs SPG, O, KIM: 3-Year Book Growth Rate Comparison
For the REIT - Retail subindustry, Primaris REIT's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Primaris REIT 3-Year Book Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Primaris REIT's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 0.20% mean?
Primaris REIT (PMREF) has a 3-Year Book Growth Rate of 0.20% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Primaris REIT and its competitors. This is near median its historical median of 0.20. According to the industry distribution chart, Primaris REIT ranks #334 out of 837 companies in the REITs industry, placing it in the top 39.9%.
Is Primaris REIT's 3-Year Book Growth Rate too high?
Primaris REIT's current 3-Year Book Growth Rate of 0.20% is near median its 10-year median of 0.20. Based on the distribution chart, Primaris REIT ranks #334 out of 837 companies in the REITs industry, which is above the industry midpoint. Overall, Primaris REIT has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's 3-Year Book Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #334 out of 837 companies for 3-Year Book Growth Rate. This puts Primaris REIT in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a REITs company?
A good 3-Year Book Growth Rate depends on the REITs industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Primaris REIT and its competitors. Primaris REIT's current 3-Year Book Growth Rate is 0.20%, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.13, compared to a current price of $16.50 — trading 25.7% above its estimated fair value. The current 3-Year Book Growth Rate is 0.20%, which is near median its 10-year median of 0.20. Primaris REIT's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Primaris REIT (PMREF), the current 3-Year Book Growth Rate is 0.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $16.50 is trading 25.7% above its estimated GF Value™ of $13.13.
GuruFocus considers Primaris REIT to be Modestly Overvalued.
Key valuation signals for PMREF:
3-Year Book Growth Rate: 0.20% (near median its 10-year median of 0.20)
GF Value™: $13.13 vs. price of $16.50 (25.7% above fair value)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
81GF Score
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