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NTT DC REITFRA:X3E +1.33%20 PB Ratio is 0.80 as of Aug. 25, 2026, which is 20% below its 10-year median of 1.00. GuruFocus rates FRA:X3E with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 916 REITs companies, NTT DC REIT ranks better than 52.62% 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 (2026-08-25), NTT DC REIT's share price is €0.7902. NTT DC REIT's Book Value per Share for the quarter that ended in Mar. 2026 was €0.99. Hence, NTT DC REIT's PB Ratio of today is 0.80.
Good Sign:
NTT DC REIT stock PB Ratio (=0.82) is close to 2-year low of 0.8.
The historical rank and industry rank for NTT DC REIT's PB Ratio or its related term are showing as below:
FRA:X3E'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1 Max: 1.1
Current: 0.82
During the past 4 years, NTT DC REIT's highest PB Ratio was 1.10. The lowest was 0.80. And the median was 1.00.
FRA:X3E's PB Ratio is ranked better than 52.62% of 916
companies
in the REITs industry
Industry Median: 0.84
vs FRA:X3E: 0.82
During the past 12 months, NTT DC REIT's average Book Value Per Share Growth Rate was 20.90% 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.
NTT DC REIT PB Ratio Related Terms
NTT DC REIT PB Ratio Historical Data
* Premium members only.
The historical data trend for NTT DC REIT'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.
NTT DC REIT PB Ratio Chart
NTT DC REIT Annual Data
Trend
Mar22
Mar23
Mar24
Mar26
PB Ratio
0.00
0.00
0.00
0.78
NTT DC REIT Semi-Annual Data
Mar24
Sep25
Mar26
PB Ratio
0.00
1.06
0.78
FRA:X3E vs VICI, WPC, BNL: PB Ratio Comparison
For the REIT - Diversified subindustry, NTT DC 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.
NTT DC REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, NTT DC REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where NTT DC REIT's PB Ratio falls into.
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.
NTT DC REIT's PB Ratio for today is calculated as follows:
* 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.
NTT DC REIT (FRA:X3E) has a PB Ratio of 0.80 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NTT DC REIT and its competitors. This is 20% below median its historical median of 1.00. Over the past decade, NTT DC REIT's PB Ratio has ranged from 0.80 to 1.10. According to the industry distribution chart, NTT DC REIT ranks #434 out of 916 companies in the REITs industry, placing it in the top 47.4%.
Is NTT DC REIT's PB Ratio too high?
NTT DC REIT's current PB Ratio of 0.80 is 20% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.10. The REITs industry median PB Ratio is 0.84. NTT DC REIT's value of 0.80 is 4.8% below this industry median. Based on the distribution chart, NTT DC REIT ranks #434 out of 916 companies in the REITs industry, which is above the industry midpoint. Overall, NTT DC REIT has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, NTT DC REIT ranks #434 out of 916 companies for PB Ratio. This puts NTT DC REIT in the upper half of its industry. The industry median PB Ratio is 0.84. NTT DC REIT's value of 0.80 is 4.8% below this benchmark. Historically, NTT DC REIT's own PB Ratio has ranged from 0.80 to 1.10 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.84, NTT DC 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 0.84, based on 916 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. NTT DC REIT's current PB Ratio of 0.80 is 4.8% 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 NTT DC REIT and its competitors. For the REITs industry, the median PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DC REIT's current PB Ratio is 0.80, which is 20% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (FRA:X3E) has a current PB Ratio of 0.80. The current PB Ratio is 0.80, which is 20% below median its 10-year median of 1.00 and 4.8% below the REITs industry median of 0.84. NTT DC REIT's overall GF Score™ is 20/100 with 7 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 NTT DC REIT (FRA:X3E), the current PB Ratio is 0.80 as of Aug. 25, 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.
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
20GF Score
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