Quality Hospitality Leasehold Property Fund (BKK:QHOP) PB Ratio: 0.66 (As of Aug. 13, 2026) — 40% Above Median

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BKK:QHOP Quality Hospitality Leasehold Property Fund BKK:QHOP
74 GF Score
Price ฿3.38
GF Value ฿10.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Quality Hospitality Leasehold Property Fund PB Ratio?

Quality Hospitality Leasehold Property Fund BKK:QHOP 74 PB Ratio is 0.66 as of Aug. 13, 2026, which is 40% above its 10-year median of 0.47. GuruFocus rates BKK:QHOP with a GF Score™ of 74/100 and a GF Value™ of ฿10.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 917 REITs companies, Quality Hospitality Leasehold Property Fund ranks better than 71.54% 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 (2026-08-13), Quality Hospitality Leasehold Property Fund's share price is ฿3.38. Quality Hospitality Leasehold Property Fund's Book Value per Share for the quarter that ended in Mar. 2026 was ฿5.08. Hence, Quality Hospitality Leasehold Property Fund's PB Ratio of today is 0.66.

Warning Sign:

Quality Hospitality Leasehold Property Fund stock PB Ratio (=0.65) is close to 10-year high of 0.69.

The historical rank and industry rank for Quality Hospitality Leasehold Property Fund's PB Ratio or its related term are showing as below:

BKK:QHOP' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.47   Max: 0.69
Current: 0.67

During the past 13 years, Quality Hospitality Leasehold Property Fund's highest PB Ratio was 0.69. The lowest was 0.29. And the median was 0.47.

BKK:QHOP's PB Ratio is ranked better than
71.54% of 917 companies
in the REITs industry
Industry Median: 0.86 vs BKK:QHOP: 0.67

During the past 12 months, Quality Hospitality Leasehold Property Fund's average Book Value Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Quality Hospitality Leasehold Property Fund was -2.50% per year. The lowest was -8.90% per year. And the median was -7.05% per year.

Back to Basics: PB Ratio


Quality Hospitality Leasehold Property Fund  (BKK:QHOP) 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.


Quality Hospitality Leasehold Property Fund PB Ratio Related Terms


Quality Hospitality Leasehold Property Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Quality Hospitality Leasehold Property Fund'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.

Quality Hospitality Leasehold Property Fund PB Ratio Chart

Quality Hospitality Leasehold Property Fund 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 0.32 0.47 0.48 0.65 0.53

Quality Hospitality Leasehold Property Fund 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 0.60 0.65 0.56 0.53 0.59

BKK:QHOP vs EQIX, AMT, DLR: PB Ratio Comparison

For the REIT - Specialty subindustry, Quality Hospitality Leasehold Property Fund'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.


Quality Hospitality Leasehold Property Fund PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Quality Hospitality Leasehold Property Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Quality Hospitality Leasehold Property Fund's PB Ratio falls into.


BKK:QHOP
74GF Score
Quality Hospitality Leasehold Property Fund BKK:QHOP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quality Hospitality Leasehold Property Fund 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.

Quality Hospitality Leasehold Property Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.38/5.084
=0.66

* 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 0.66 mean?
Quality Hospitality Leasehold Property Fund (BKK:QHOP) has a PB Ratio of 0.66 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Quality Hospitality Leasehold Property Fund and its competitors. This is 40% above median its historical median of 0.47. Over the past decade, Quality Hospitality Leasehold Property Fund's PB Ratio has ranged from 0.29 to 0.69. According to the industry distribution chart, Quality Hospitality Leasehold Property Fund ranks #261 out of 917 companies in the REITs industry, placing it in the top 28.5%.
Is Quality Hospitality Leasehold Property Fund's PB Ratio too high?
Quality Hospitality Leasehold Property Fund's current PB Ratio of 0.66 is 40% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.69. The REITs industry median PB Ratio is 0.86. Quality Hospitality Leasehold Property Fund's value of 0.66 is 23.3% below this industry median. Based on the distribution chart, Quality Hospitality Leasehold Property Fund ranks #261 out of 917 companies in the REITs industry, which is above the industry midpoint. Overall, Quality Hospitality Leasehold Property Fund has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quality Hospitality Leasehold Property Fund's PB Ratio compare to EQIX and AMT?
According to the REITs industry distribution chart, Quality Hospitality Leasehold Property Fund ranks #261 out of 917 companies for PB Ratio. This puts Quality Hospitality Leasehold Property Fund in the upper half of its industry. The industry median PB Ratio is 0.86. Quality Hospitality Leasehold Property Fund's value of 0.66 is 23.3% below this benchmark. Historically, Quality Hospitality Leasehold Property Fund's own PB Ratio has ranged from 0.29 to 0.69 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.86, Quality Hospitality Leasehold Property Fund 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 0.86, based on 917 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. Quality Hospitality Leasehold Property Fund's current PB Ratio of 0.66 is 23.3% 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 Quality Hospitality Leasehold Property Fund and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Hospitality Leasehold Property Fund's current PB Ratio is 0.66, which is 40% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Hospitality Leasehold Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Quality Hospitality Leasehold Property Fund (BKK:QHOP) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿10.94, compared to a current price of ฿3.38 — trading 69.1% below its estimated fair value. The current PB Ratio is 0.66, which is 40% above median its 10-year median of 0.47 and 23.3% below the REITs industry median of 0.86. Quality Hospitality Leasehold Property Fund's overall GF Score™ is 74/100 with 3 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 Quality Hospitality Leasehold Property Fund (BKK:QHOP), the current PB Ratio is 0.66 as of Aug. 13, 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 Quality Hospitality Leasehold Property Fund (BKK:QHOP) Overvalued in 2026?

Based on GuruFocus' analysis, Quality Hospitality Leasehold Property Fund stock appears to be undervalued. The current stock price of ฿3.38 is trading 69.1% below its estimated GF Value™ of ฿10.94. GuruFocus considers Quality Hospitality Leasehold Property Fund to be Significantly Undervalued.

Key valuation signals for BKK:QHOP:

  • PB Ratio: 0.66 (40% above median its 10-year median of 0.47)
  • GF Value™: ฿10.94 vs. price of ฿3.38 (69.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 23.3% below the REITs median (#261 of 917)

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


Quality Hospitality Leasehold Property Fund Business Description

Industry Real EstateREITs
Address 173/27-30, 32-33 South Sathon Road, 23A, 25th Floor, Asia Centre Building, Thungmahamek, Sathon, Bangkok, THA, 10120
Quality Hospitality Leasehold Property Fund is a close-ended leasehold property fund and a specific property fund. The Fund's objective is to mobilize funds from the public and general investors to purchase and lease immovable properties and to seek benefits from those properties including the modification, development, and disposal of the properties, which the Fund invests in or possesses by way of letting, subletting and disposal for the benefit of the properties themselves and to generate income and return for unit holders and the Fund.
74GF Score

Get the complete analysis for BKK:QHOP

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

฿3.38
Price
฿10.94
GF Value