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BKK:GROREIT's PB Ratio is ranked better than 57.67% of 919
companies
in the REITs industry
Industry Median: 0.85
vs BKK:GROREIT: 0.78
During the past 12 months, Grande Royal Orchid Hospitality REIT's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.30% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Grande Royal Orchid Hospitality REIT was 2.30% per year. The lowest was 2.30% per year. And the median was 2.30% per year.
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.
Grande Royal Orchid Hospitality REIT PB Ratio Related Terms
Grande Royal Orchid Hospitality REIT PB Ratio Historical Data
* 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.
Grande Royal Orchid Hospitality REIT PB Ratio Chart
Grande Royal Orchid Hospitality REIT Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.96
0.92
0.82
0.79
0.65
Grande Royal Orchid Hospitality REIT Quarterly Data
BKK:GROREIT vs HST, RHP, APLE: PB Ratio Comparison
For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality 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.
Grande Royal Orchid Hospitality REIT PB Ratio vs REITs Industry
Grande Royal Orchid Hospitality REIT 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.
* 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.
Grande Royal Orchid Hospitality REIT (BKK:GROREIT) has a PB Ratio of 0.78 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grande Royal Orchid Hospitality REIT and its competitors. This is near median its historical median of 0.80. Over the past decade, Grande Royal Orchid Hospitality REIT's PB Ratio has ranged from 0.65 to 0.94. According to the industry distribution chart, Grande Royal Orchid Hospitality REIT ranks #389 out of 919 companies in the REITs industry, placing it in the top 42.3%.
Is Grande Royal Orchid Hospitality REIT's PB Ratio too high?
Grande Royal Orchid Hospitality REIT's current PB Ratio of 0.78 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 0.94. The REITs industry median PB Ratio is 0.85. Grande Royal Orchid Hospitality REIT's value of 0.78 is 8.2% below this industry median. Based on the distribution chart, Grande Royal Orchid Hospitality REIT ranks #389 out of 919 companies in the REITs industry, which is above the industry midpoint. Overall, Grande Royal Orchid Hospitality REIT has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grande Royal Orchid Hospitality REIT's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Grande Royal Orchid Hospitality REIT ranks #389 out of 919 companies for PB Ratio. This puts Grande Royal Orchid Hospitality REIT in the upper half of its industry. The industry median PB Ratio is 0.85. Grande Royal Orchid Hospitality REIT's value of 0.78 is 8.2% below this benchmark. Historically, Grande Royal Orchid Hospitality REIT's own PB Ratio has ranged from 0.65 to 0.94 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.85, Grande Royal Orchid Hospitality REIT 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 0.85, based on 919 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. Grande Royal Orchid Hospitality REIT's current PB Ratio of 0.78 is 8.2% 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 Grande Royal Orchid Hospitality REIT and its competitors. For the REITs industry, the median PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grande Royal Orchid Hospitality REIT's current PB Ratio is 0.78, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Royal Orchid Hospitality REIT stock overvalued right now?
Based on GuruFocus' analysis, Grande Royal Orchid Hospitality REIT (BKK:GROREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.88, compared to a current price of ฿8.90 — trading 0.2% above its estimated fair value. The current PB Ratio is 0.78, which is near median its 10-year median of 0.80 and 8.2% below the REITs industry median of 0.85. Grande Royal Orchid Hospitality REIT's overall GF Score™ is 60/100 with 2 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 Grande Royal Orchid Hospitality REIT (BKK:GROREIT), the current PB Ratio is 0.78 as of Aug. 14, 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 Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Grande Royal Orchid Hospitality REIT stock appears to be overvalued.
The current stock price of ฿8.90 is trading 0.2% above its estimated GF Value™ of ฿8.88.
GuruFocus considers Grande Royal Orchid Hospitality REIT to be Fairly Valued.
Key valuation signals for BKK:GROREIT:
PB Ratio: 0.78 (near median its 10-year median of 0.80)
GF Value™: ฿8.88 vs. price of ฿8.90 (0.2% above fair value)
Industry Position: 8.2% below the REITs median (#389 of 919)
No single metric tells the full story. See the BKK:GROREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Towers Project. The only reportable operating segment of the Trust is the purchase and lease on property in which the Trust has invested and the single geographical area of its operations is Thailand.
60GF Score
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