Marwest Apartment REIT (FRA:L2B) Book Value per Share: €2.69 (As of Mar. 2026)

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FRA:L2B Marwest Apartment REIT FRA:L2B
39 GF Score
Price €0.44
GF Value €0.44
! 6 Warning Signs
View Full Analysis

What is Marwest Apartment REIT Book Value per Share?

Marwest Apartment REIT FRA:L2B -0.50% 39 Book Value per Share is €2.69 as of Mar. 2026. GuruFocus rates FRA:L2B with a GF Score™ of 39/100 and a GF Value™ of €0.44. The stock has 6 warning signs investors should review.

Marwest Apartment REIT's book value per share for the quarter that ended in Mar. 2026 was €2.69.

During the past 12 months, Marwest Apartment REIT's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 63.30% 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 book value growth rate using book value per share data.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Marwest Apartment REIT was 132.30% per year. The lowest was 24.90% per year. And the median was 34.80% per year.

Marwest Apartment REIT's current price is €0.4365. Its book value per share for the quarter that ended in Mar. 2026 was €2.69. Hence, today's PB Ratio of Marwest Apartment REIT is 0.16.

During the past 6 years, the highest P/B Ratio of Marwest Apartment REIT was 2.26. The lowest was 0.15. And the median was 0.23.


Marwest Apartment REIT  (FRA:L2B) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Marwest Apartment REIT Book Value per Share Related Terms


Marwest Apartment REIT Book Value per Share Historical Data

* Premium members only.

The historical data trend for Marwest Apartment REIT's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marwest Apartment REIT Book Value per Share Chart

Marwest Apartment REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 1.24 1.52 2.18 2.95 2.65

Marwest Apartment REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.78 2.74 2.59 2.65 2.69

FRA:L2B vs AVB, EQR, ESS: Book Value per Share Comparison

For the REIT - Residential subindustry, Marwest Apartment REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Marwest Apartment REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Marwest Apartment REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Marwest Apartment REIT's PB Ratio falls into.


FRA:L2B
39GF Score
Marwest Apartment REIT FRA:L2B
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Marwest Apartment REIT Book Value per Share Calculation

Marwest Apartment REIT's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(25.41-0.00)/9.61
=2.65

Marwest Apartment REIT's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(25.87-0.00)/9.61
=2.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €2.69 mean?
Marwest Apartment REIT (FRA:L2B) has a Book Value per Share of €2.69 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Marwest Apartment REIT and its competitors.
Is Marwest Apartment REIT's Book Value per Share too high?
Marwest Apartment REIT's current Book Value per Share is €2.69. Overall, Marwest Apartment REIT has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Marwest Apartment REIT's Book Value per Share compare to AVB and EQR?
Marwest Apartment REIT's Book Value per Share of €2.69 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Marwest Apartment REIT and its competitors. Marwest Apartment REIT's current Book Value per Share is €2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marwest Apartment REIT stock overvalued right now?
Marwest Apartment REIT (FRA:L2B) has a current Book Value per Share of €2.69. The stock's GF Value™ is €0.44, compared to a current price of €0.44 — trading 0.8% below its estimated fair value. The current Book Value per Share is €2.69. Marwest Apartment REIT's overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Marwest Apartment REIT (FRA:L2B), the current Book Value per Share is €2.69 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 Marwest Apartment REIT (FRA:L2B) Overvalued in 2026?

Based on GuruFocus' analysis, Marwest Apartment REIT stock appears to be undervalued. The current stock price of €0.44 is trading 0.8% below its estimated GF Value™ of €0.44.

Key valuation signals for FRA:L2B:

  • Book Value per Share: €2.69
  • GF Value™: €0.44 vs. price of €0.44 (0.8% below fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the FRA:L2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marwest Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MAR.UN:Canada
Address 220 Portage Avenue, Suite 500, Winnipeg, MB, CAN, R3C 0A5
Marwest Apartment REIT is an open-ended real estate investment trust focused on acquiring and owning multi-family residential properties, in Western Canada. As a specialized REIT, it operates within this specific region and asset class to generate income through property rentals, offering investors exposure to the multi-family sector. Company's portfolio is comprised of four properties located in Winnipeg, Manitoba, being the Brio Property, the Kenwood Property, the Element Property, and the Prairie ViewPointe Property.
39GF Score

Get the complete analysis for FRA:L2B

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.44
Price
€0.44
GF Value