APYRF (Allied Properties Real Estate Investment Trust) PB Ratio: 0.43 (As of Jun. 30, 2026) — 49% Below Median


APYRF Allied Properties Real Estate Investment Trust APYRF
56 GF Score
Price $7.06
GF Value $10.51
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Allied Properties Real Estate Investment Trust PB Ratio?

Allied Properties Real Estate Investment Trust APYRF +0.87% 56 PB Ratio is 0.43 as of Jun. 30, 2026, which is 49% below its 10-year median of 0.85. GuruFocus rates APYRF with a GF Score™ of 56/100 and a GF Value™ of $10.51 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 933 REITs companies, Allied Properties Real Estate Investment Trust ranks better than 88.1% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-30), Allied Properties Real Estate Investment Trust's share price is $7.06. Allied Properties Real Estate Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $16.29. Hence, Allied Properties Real Estate Investment Trust's PB Ratio of today is 0.43.

The historical rank and industry rank for Allied Properties Real Estate Investment Trust's PB Ratio or its related term are showing as below:

APYRF' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.85   Max: 1.28
Current: 0.45

During the past 13 years, Allied Properties Real Estate Investment Trust's highest PB Ratio was 1.28. The lowest was 0.31. And the median was 0.85.

APYRF's PB Ratio is ranked better than
88.1% of 933 companies
in the REITs industry
Industry Median: 0.87 vs APYRF: 0.45

During the past 12 months, Allied Properties Real Estate Investment Trust's average Book Value Per Share Growth Rate was -42.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -15.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Allied Properties Real Estate Investment Trust was 31.00% per year. The lowest was -15.20% per year. And the median was 6.65% per year.

Back to Basics: PB Ratio


Allied Properties Real Estate Investment Trust  (OTCPK:APYRF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Allied Properties Real Estate Investment Trust PB Ratio Related Terms


Allied Properties Real Estate Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Properties Real Estate Investment Trust's PB Ratio 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.

Allied Properties Real Estate Investment Trust PB Ratio Chart

Allied Properties Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.54 0.47 0.43 0.47

Allied Properties Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.43 0.46 0.57 0.47 0.40

APYRF vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Allied Properties Real Estate Investment Trust'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.


Allied Properties Real Estate Investment Trust PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Allied Properties Real Estate Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Allied Properties Real Estate Investment Trust's PB Ratio falls into.


APYRF
56GF Score
Allied Properties Real Estate Investment Trust APYRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allied Properties Real Estate Investment Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Allied Properties Real Estate Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=7.06/16.289
=0.43

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.43 mean?
Allied Properties Real Estate Investment Trust (APYRF) has a PB Ratio of 0.43 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Allied Properties Real Estate Investment Trust and its competitors. This is 49% below median its historical median of 0.85. Over the past decade, Allied Properties Real Estate Investment Trust's PB Ratio has ranged from 0.31 to 1.28. According to the industry distribution chart, Allied Properties Real Estate Investment Trust ranks #111 out of 933 companies in the REITs industry, placing it in the top 11.9%.
Is Allied Properties Real Estate Investment Trust's PB Ratio too high?
Allied Properties Real Estate Investment Trust's current PB Ratio of 0.43 is 49% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.28. The REITs industry median PB Ratio is 0.87. Allied Properties Real Estate Investment Trust's value of 0.43 is 50.6% below this industry median. Based on the distribution chart, Allied Properties Real Estate Investment Trust ranks #111 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Properties Real Estate Investment Trust has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allied Properties Real Estate Investment Trust's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Allied Properties Real Estate Investment Trust ranks #111 out of 933 companies for PB Ratio. This places Allied Properties Real Estate Investment Trust in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. Allied Properties Real Estate Investment Trust's value of 0.43 is 50.6% below this benchmark. Historically, Allied Properties Real Estate Investment Trust's own PB Ratio has ranged from 0.31 to 1.28 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.87, Allied Properties Real Estate Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allied Properties Real Estate Investment Trust's current PB Ratio of 0.43 is 50.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Allied Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Properties Real Estate Investment Trust's current PB Ratio is 0.43, which is 49% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust (APYRF) is currently considered Possible Value Trap. The stock's GF Value™ is $10.51, compared to a current price of $7.06 — trading 32.8% below its estimated fair value. The current PB Ratio is 0.43, which is 49% below median its 10-year median of 0.85 and 50.6% below the REITs industry median of 0.87. Allied Properties Real Estate Investment Trust's overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Allied Properties Real Estate Investment Trust (APYRF), the current PB Ratio is 0.43 as of Jun. 30, 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 Allied Properties Real Estate Investment Trust (APYRF) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of $7.06 is trading 32.8% below its estimated GF Value™ of $10.51. GuruFocus considers Allied Properties Real Estate Investment Trust to be Possible Value Trap.

Key valuation signals for APYRF:

  • PB Ratio: 0.43 (49% below median its 10-year median of 0.85)
  • GF Value™: $10.51 vs. price of $7.06 (32.8% below fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 50.6% below the REITs median (#111 of 933)

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


Allied Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 5G8:GermanyAP.UN:Canada
Address 134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of urban office environments across Canadian cities. Maximum of the total square footage in the company's real estate portfolio is located in Toronto, Calgary, Vancouver and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' maximum tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications / IT and retail properties within its real estate portfolio.
56GF Score

Get the complete analysis for APYRF

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

$7.06
Price
$10.51
GF Value