Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CRE Logistics REIT Inc stock PB Ratio (=1.05) is close to 5-year low of 1.01.
The historical rank and industry rank for CRE Logistics REIT's PB Ratio or its related term are showing as below:
TSE:3487'
s PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.28 Max: 14.87
Current: 1.05
During the past 9 years, CRE Logistics REIT's highest PB Ratio was 14.87. The lowest was 0.79. And the median was 1.28.
TSE:3487's PB Ratio is ranked worse than 69.94% of 928
companies
in the REITs industry
Industry Median: 0.86
vs TSE:3487: 1.05
During the past 12 months, CRE Logistics REIT's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of CRE Logistics REIT was 149.40% per year. The lowest was 0.00% per year. And the median was 5.75% per year.
Back to Basics: PB Ratio
CRE Logistics REIT (TSE:3487) 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.
CRE Logistics REIT PB Ratio Related Terms
CRE Logistics REIT PB Ratio Historical Data
* Premium members only.
The historical data trend for CRE Logistics 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.
For the REIT - Diversified subindustry, CRE Logistics 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.
CRE Logistics REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, CRE Logistics REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where CRE Logistics 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.
CRE Logistics REIT (TSE:3487) has a PB Ratio of 1.05 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CRE Logistics REIT and its competitors. This is 18% below median its historical median of 1.28. Over the past decade, CRE Logistics REIT's PB Ratio has ranged from 0.79 to 14.87. According to the industry distribution chart, CRE Logistics REIT ranks #649 out of 928 companies in the REITs industry, placing it in the top 69.9%.
Is CRE Logistics REIT's PB Ratio too high?
CRE Logistics REIT's current PB Ratio of 1.05 is 18% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 14.87. The REITs industry median PB Ratio is 0.86. CRE Logistics REIT's value of 1.05 is 22.1% above this industry median. Based on the distribution chart, CRE Logistics REIT ranks #649 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, CRE Logistics REIT has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRE Logistics REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, CRE Logistics REIT ranks #649 out of 928 companies for PB Ratio. This places CRE Logistics REIT in the lower half of its industry. The industry median PB Ratio is 0.86. CRE Logistics REIT's value of 1.05 is 22.1% above this benchmark. Historically, CRE Logistics REIT's own PB Ratio has ranged from 0.79 to 14.87 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.86, CRE Logistics 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. CRE Logistics REIT's current PB Ratio of 1.05 is 22.1% 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 CRE Logistics 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. CRE Logistics REIT's current PB Ratio is 1.05, which is 18% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRE Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, CRE Logistics REIT (TSE:3487) is currently considered Fairly Valued. The stock's GF Value™ is 円154,025.98, compared to a current price of 円142,300.00 — trading 7.6% below its estimated fair value. The current PB Ratio is 1.05, which is 18% below median its 10-year median of 1.28 and 22.1% above the REITs industry median of 0.86. CRE Logistics REIT's overall GF Score™ is 67/100 with 8 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 CRE Logistics REIT (TSE:3487), the current PB Ratio is 1.05 as of Jul. 21, 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 CRE Logistics REIT (TSE:3487) Overvalued in 2026?
Based on GuruFocus' analysis, CRE Logistics REIT stock appears to be undervalued.
The current stock price of 円142,300.00 is trading 7.6% below its estimated GF Value™ of 円154,025.98.
GuruFocus considers CRE Logistics REIT to be Fairly Valued.
Key valuation signals for TSE:3487:
PB Ratio: 1.05 (18% below median its 10-year median of 1.28)
GF Value™: 円154,025.98 vs. price of 円142,300.00 (7.6% below fair value)
Industry Position: 22.1% above the REITs median (#649 of 928)
No single metric tells the full story. See the TSE:3487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.
67GF Score
Get the complete analysis for TSE:3487
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3487 has been successfully added to your 
