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CapitaLand Ascendas REITSTU:S3Z +1.26%59 PB Ratio is 1.08 as of Jul. 20, 2026, which is 9% below its 10-year median of 1.19. GuruFocus rates STU:S3Z with a GF Score™ of 59/100 and a GF Value™ of €1.92 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 928 REITs companies, CapitaLand Ascendas REIT ranks worse than 71.01% on this metric.
CapitaLand Ascendas REIT stock PB Ratio (=1.07) is close to 10-year low of 1.01.
The historical rank and industry rank for CapitaLand Ascendas REIT's PB Ratio or its related term are showing as below:
STU:S3Z'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.19 Max: 1.62
Current: 1.07
During the past 13 years, CapitaLand Ascendas REIT's highest PB Ratio was 1.62. The lowest was 1.01. And the median was 1.19.
STU:S3Z's PB Ratio is ranked worse than 71.01% of 928
companies
in the REITs industry
Industry Median: 0.86
vs STU:S3Z: 1.07
During the past 12 months, CapitaLand Ascendas REIT's average Book Value Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CapitaLand Ascendas REIT was 16.20% per year. The lowest was -1.50% per year. And the median was 3.50% per year.
Back to Basics: PB Ratio
CapitaLand Ascendas REIT (STU:S3Z) PB Ratio Explanation
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.
* 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.
For the REIT - Industrial subindustry, CapitaLand Ascendas 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.
CapitaLand Ascendas REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where CapitaLand Ascendas 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.
* 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.
CapitaLand Ascendas REIT (STU:S3Z) has a PB Ratio of 1.08 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CapitaLand Ascendas REIT and its competitors. This is near median its historical median of 1.19. Over the past decade, CapitaLand Ascendas REIT's PB Ratio has ranged from 1.01 to 1.62. According to the industry distribution chart, CapitaLand Ascendas REIT ranks #659 out of 928 companies in the REITs industry, placing it in the top 71%.
Is CapitaLand Ascendas REIT's PB Ratio too high?
CapitaLand Ascendas REIT's current PB Ratio of 1.08 is near median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.62. The REITs industry median PB Ratio is 0.86. CapitaLand Ascendas REIT's value of 1.08 is 25.6% above this industry median. Based on the distribution chart, CapitaLand Ascendas REIT ranks #659 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, CapitaLand Ascendas REIT has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, CapitaLand Ascendas REIT ranks #659 out of 928 companies for PB Ratio. This places CapitaLand Ascendas REIT in the lower half of its industry. The industry median PB Ratio is 0.86. CapitaLand Ascendas REIT's value of 1.08 is 25.6% above this benchmark. Historically, CapitaLand Ascendas REIT's own PB Ratio has ranged from 1.01 to 1.62 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.86, CapitaLand Ascendas 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 0.86, based on 928 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. CapitaLand Ascendas REIT's current PB Ratio of 1.08 is 25.6% 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 CapitaLand Ascendas REIT 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. CapitaLand Ascendas REIT's current PB Ratio is 1.08, which is near median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (STU:S3Z) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.92, compared to a current price of €1.69 — trading 12.2% below its estimated fair value. The current PB Ratio is 1.08, which is near median its 10-year median of 1.19 and 25.6% above the REITs industry median of 0.86. CapitaLand Ascendas REIT's overall GF Score™ is 59/100 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 CapitaLand Ascendas REIT (STU:S3Z), the current PB Ratio is 1.08 as of Jul. 20, 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 CapitaLand Ascendas REIT (STU:S3Z) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be undervalued.
The current stock price of €1.69 is trading 12.2% below its estimated GF Value™ of €1.92.
GuruFocus considers CapitaLand Ascendas REIT to be Modestly Undervalued.
Key valuation signals for STU:S3Z:
PB Ratio: 1.08 (near median its 10-year median of 1.19)
GF Value™: €1.92 vs. price of €1.69 (12.2% below fair value)
Industry Position: 25.6% above the REITs median (#659 of 928)
No single metric tells the full story. See the STU:S3Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
59GF Score
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