PAZRF (Plaza Retail REIT) PB Ratio: 0.88 (As of Jul. 05, 2026) — Near Median


PAZRF Plaza Retail REIT PAZRF
69 GF Score
Price $3.30
GF Value $2.87
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Plaza Retail REIT PB Ratio?

Plaza Retail REIT PAZRF 69 PB Ratio is 0.88 as of Jul. 05, 2026, which is 2% below its 10-year median of 0.90. GuruFocus rates PAZRF with a GF Score™ of 69/100 and a GF Value™ of $2.87 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 931 REITs companies, Plaza Retail REIT ranks worse than 55.1% 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 (2026-07-05), Plaza Retail REIT's share price is $3.30. Plaza Retail REIT's Book Value per Share for the quarter that ended in Mar. 2026 was $3.76. Hence, Plaza Retail REIT's PB Ratio of today is 0.88.

Warning Sign:

Plaza Retail REIT stock PB Ratio (=0.91) is close to 3-year high of 0.91.

The historical rank and industry rank for Plaza Retail REIT's PB Ratio or its related term are showing as below:

PAZRF' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.9   Max: 1.16
Current: 0.91

During the past 13 years, Plaza Retail REIT's highest PB Ratio was 1.16. The lowest was 0.60. And the median was 0.90.

PAZRF's PB Ratio is ranked worse than
55.1% of 931 companies
in the REITs industry
Industry Median: 0.87 vs PAZRF: 0.91

During the past 12 months, Plaza Retail REIT's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Plaza Retail REIT was 86.20% per year. The lowest was -3.70% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio


Plaza Retail REIT  (OTCPK:PAZRF) 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.


Plaza Retail REIT PB Ratio Related Terms


Plaza Retail REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Plaza Retail 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.

Plaza Retail REIT PB Ratio Chart

Plaza Retail REIT 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 0.99 0.86 0.75 0.72 0.83

Plaza Retail REIT 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 0.77 0.79 0.83 0.83 0.81

PAZRF vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, Plaza Retail 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.


Plaza Retail REIT PB Ratio vs REITs Industry

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

* The bar in red indicates where Plaza Retail REIT's PB Ratio falls into.


PAZRF
69GF Score
Plaza Retail REIT PAZRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plaza Retail 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.

Plaza Retail REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.30/3.763
=0.88

* 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 0.88 mean?
Plaza Retail REIT (PAZRF) has a PB Ratio of 0.88 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Plaza Retail REIT and its competitors. This is near median its historical median of 0.90. Over the past decade, Plaza Retail REIT's PB Ratio has ranged from 0.60 to 1.16. According to the industry distribution chart, Plaza Retail REIT ranks #513 out of 931 companies in the REITs industry, placing it in the top 55.1%.
Is Plaza Retail REIT's PB Ratio too high?
Plaza Retail REIT's current PB Ratio of 0.88 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.16. The REITs industry median PB Ratio is 0.87. Plaza Retail REIT's value of 0.88 is 1.1% above this industry median. Based on the distribution chart, Plaza Retail REIT ranks #513 out of 931 companies in the REITs industry, which is below the industry midpoint. Overall, Plaza Retail REIT has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Retail REIT's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Plaza Retail REIT ranks #513 out of 931 companies for PB Ratio. This places Plaza Retail REIT in the lower half of its industry. The industry median PB Ratio is 0.87. Plaza Retail REIT's value of 0.88 is 1.1% above this benchmark. Historically, Plaza Retail REIT's own PB Ratio has ranged from 0.60 to 1.16 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.87, Plaza Retail REIT has consistently been above 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 931 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. Plaza Retail REIT's current PB Ratio of 0.88 is 1.1% above 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 Plaza Retail REIT 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. Plaza Retail REIT's current PB Ratio is 0.88, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Plaza Retail REIT (PAZRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.87, compared to a current price of $3.30 — trading 15% above its estimated fair value. The current PB Ratio is 0.88, which is near median its 10-year median of 0.90 and 1.1% above the REITs industry median of 0.87. Plaza Retail REIT's overall GF Score™ is 69/100 with 12 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 Plaza Retail REIT (PAZRF), the current PB Ratio is 0.88 as of Jul. 05, 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 Plaza Retail REIT (PAZRF) Overvalued in 2026?

Based on GuruFocus' analysis, Plaza Retail REIT stock appears to be overvalued. The current stock price of $3.30 is trading 15% above its estimated GF Value™ of $2.87. GuruFocus considers Plaza Retail REIT to be Modestly Overvalued.

Key valuation signals for PAZRF:

  • PB Ratio: 0.88 (near median its 10-year median of 0.90)
  • GF Value™: $2.87 vs. price of $3.30 (15% above fair value)
  • GF Score™: 69/100 with 12 warning signs
  • Industry Position: 1.1% above the REITs median (#513 of 931)

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


Plaza Retail REIT Business Description

Industry Real EstateREITs
Other Exchanges PLZ.UN:Canada
Address 98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an unincorporated, open-ended real estate investment trust. It operates as a developer, owner, and manager of retail real estate located mainly in Ontario, Quebec, and Atlantic Canada. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets, and is predominantly occupied by national tenants. Additionally, it also holds land for development.
69GF Score

Get the complete analysis for PAZRF

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

$3.30
Price
$2.87
GF Value