Target Healthcare REIT (LSE:THRL) Book Value per Share: £1.19 (As of Dec. 2025)

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LSE:THRL Target Healthcare REIT PLC LSE:THRL
39 GF Score
Price £1.13
GF Value £0.88
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Target Healthcare REIT Book Value per Share?

Target Healthcare REIT LSE:THRL +1.62% 39 Book Value per Share is £1.19 as of Dec. 2025. GuruFocus rates LSE:THRL with a GF Score™ of 39/100 and a GF Value™ of £0.88 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Target Healthcare REIT's book value per share for the quarter that ended in Dec. 2025 was £1.19.

During the past 12 months, Target Healthcare REIT's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% 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 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Target Healthcare REIT was 2.60% per year. The lowest was -0.70% per year. And the median was 1.60% per year.

Target Healthcare REIT's current price is £1.132. Its book value per share for the quarter that ended in Dec. 2025 was £1.19. Hence, today's PB Ratio of Target Healthcare REIT is 0.99.

During the past 12 years, the highest P/B Ratio of Target Healthcare REIT was 1.20. The lowest was 0.60. And the median was 1.02.

Warning Sign:

Target Healthcare REIT PLC stock PB Ratio (=0.93) is close to 3-year high of 0.96.


Target Healthcare REIT  (LSE:THRL) 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.


Target Healthcare REIT Book Value per Share Related Terms


Target Healthcare REIT Book Value per Share Historical Data

* Premium members only.

The historical data trend for Target Healthcare 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.

Target Healthcare REIT Book Value per Share Chart

Target Healthcare REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.13 1.06 1.11 1.15

Target Healthcare REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.07 1.11 1.13 1.15 1.19

LSE:THRL vs WELL, VTR, DOC: Book Value per Share Comparison

For the REIT - Healthcare Facilities subindustry, Target Healthcare 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.


Target Healthcare REIT PB Ratio vs REITs Industry

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

* The bar in red indicates where Target Healthcare REIT's PB Ratio falls into.


LSE:THRL
39GF Score
Target Healthcare REIT PLC LSE:THRL
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Target Healthcare REIT Book Value per Share Calculation

Target Healthcare REIT's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(712.46-0.00)/620.24
=1.15

Target Healthcare REIT's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(740.28-0.00)/620.24
=1.19

* 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 £1.19 mean?
Target Healthcare REIT (LSE:THRL) has a Book Value per Share of £1.19 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Target Healthcare REIT and its competitors.
Is Target Healthcare REIT's Book Value per Share too high?
Target Healthcare REIT's current Book Value per Share is £1.19. Overall, Target Healthcare REIT has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Target Healthcare REIT's Book Value per Share compare to WELL and VTR?
Target Healthcare REIT's Book Value per Share of £1.19 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 Target Healthcare REIT and its competitors. Target Healthcare REIT's current Book Value per Share is £1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target Healthcare REIT stock overvalued right now?
Based on GuruFocus' analysis, Target Healthcare REIT (LSE:THRL) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.88, compared to a current price of £1.13 — trading 28.6% above its estimated fair value. The current Book Value per Share is £1.19. Target Healthcare REIT's overall GF Score™ is 39/100 with 7 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 Target Healthcare REIT (LSE:THRL), the current Book Value per Share is £1.19 as of Dec. 2025. 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 Target Healthcare REIT (LSE:THRL) Overvalued in 2026?

Based on GuruFocus' analysis, Target Healthcare REIT stock appears to be overvalued. The current stock price of £1.13 is trading 28.6% above its estimated GF Value™ of £0.88. GuruFocus considers Target Healthcare REIT to be Modestly Overvalued.

Key valuation signals for LSE:THRL:

  • Book Value per Share: £1.19
  • GF Value™: £0.88 vs. price of £1.13 (28.6% above fair value)
  • GF Score™: 39/100 with 7 warning signs

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


Target Healthcare REIT Business Description

Industry Real EstateREITs
Address 69 Old Broad Street, Level 4, Dashwood House, London, GBR, EC2M 1QS
Target Healthcare REIT PLC is an investment company that acts as a long-term investor in care homes in the United Kingdom. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes, which are let to care home operators, and other healthcare assets in the United Kingdom.
39GF Score

Get the complete analysis for LSE:THRL

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

£1.13
Price
£0.88
GF Value