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TSE:3481's PB Ratio is ranked worse than 77.23% of 918
companies
in the REITs industry
Industry Median: 0.86
vs TSE:3481: 1.19
During the past 12 months, Mitsubishi Estate Logistics REIT Investment's average Book Value Per Share Growth Rate was -1.10% 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 average Book Value Per Share Growth Rate was 5.10% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitsubishi Estate Logistics REIT Investment was 199.70% per year. The lowest was 2.30% per year. And the median was 5.90% per year.
Back to Basics: PB Ratio
Mitsubishi Estate Logistics REIT Investment (TSE:3481) 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.
Mitsubishi Estate Logistics REIT Investment PB Ratio Related Terms
Mitsubishi Estate Logistics REIT Investment 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.
Mitsubishi Estate Logistics REIT Investment PB Ratio Chart
Mitsubishi Estate Logistics REIT Investment Annual Data
For the REIT - Industrial subindustry, Mitsubishi Estate Logistics REIT Investment'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.
Mitsubishi Estate Logistics REIT Investment PB Ratio vs REITs Industry
Mitsubishi Estate Logistics REIT Investment 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.
Mitsubishi Estate Logistics REIT Investment (TSE:3481) has a PB Ratio of 1.19 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mitsubishi Estate Logistics REIT Investment and its competitors. This is near median its historical median of 1.27. Over the past decade, Mitsubishi Estate Logistics REIT Investment's PB Ratio has ranged from 0.94 to 1.97. According to the industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #709 out of 918 companies in the REITs industry, placing it in the top 77.2%.
Is Mitsubishi Estate Logistics REIT Investment's PB Ratio too high?
Mitsubishi Estate Logistics REIT Investment's current PB Ratio of 1.19 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.97. The REITs industry median PB Ratio is 0.86. Mitsubishi Estate Logistics REIT Investment's value of 1.19 is 38.4% above this industry median. Based on the distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #709 out of 918 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi Estate Logistics REIT Investment has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Logistics REIT Investment's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #709 out of 918 companies for PB Ratio. This places Mitsubishi Estate Logistics REIT Investment in the lower half of its industry. The industry median PB Ratio is 0.86. Mitsubishi Estate Logistics REIT Investment's value of 1.19 is 38.4% above this benchmark. Historically, Mitsubishi Estate Logistics REIT Investment's own PB Ratio has ranged from 0.94 to 1.97 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.86, Mitsubishi Estate Logistics REIT Investment 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 918 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. Mitsubishi Estate Logistics REIT Investment's current PB Ratio of 1.19 is 38.4% 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 Mitsubishi Estate Logistics REIT Investment 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. Mitsubishi Estate Logistics REIT Investment's current PB Ratio is 1.19, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Logistics REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment (TSE:3481) is currently considered Fairly Valued. The stock's GF Value™ is 円133,710.31, compared to a current price of 円125,400.00 — trading 6.2% below its estimated fair value. The current PB Ratio is 1.19, which is near median its 10-year median of 1.27 and 38.4% above the REITs industry median of 0.86. Mitsubishi Estate Logistics REIT Investment's overall GF Score™ is 68/100 with 6 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481), the current PB Ratio is 1.19 as of Jul. 29, 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment stock appears to be undervalued.
The current stock price of 円125,400.00 is trading 6.2% below its estimated GF Value™ of 円133,710.31.
GuruFocus considers Mitsubishi Estate Logistics REIT Investment to be Fairly Valued.
Key valuation signals for TSE:3481:
PB Ratio: 1.19 (near median its 10-year median of 1.27)
GF Value™: 円133,710.31 vs. price of 円125,400.00 (6.2% below fair value)
Industry Position: 38.4% above the REITs median (#709 of 918)
No single metric tells the full story. See the TSE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Estate Logistics REIT Investment Business Description
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties, mainly located in the Tokyo metropolitan area.
68GF Score
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