VRE (Veris Residential) PB Ratio: 1.58 (As of Jul. 16, 2026) — 27% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

VRE Veris Residential Inc VRE
41 GF Score
Price $18.99
GF Value $16.97
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Veris Residential PB Ratio?

Veris Residential VRE 41 PB Ratio is 1.58 as of Jul. 16, 2026, which is 27% above its 10-year median of 1.24. GuruFocus rates VRE with a GF Score™ of 41/100 and a GF Value™ of $16.97 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 922 REITs companies, Veris Residential ranks worse than 86.66% 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 (2026-07-16), Veris Residential's share price is $18.99. Veris Residential's Book Value per Share for the quarter that ended in Mar. 2026 was $12.04. Hence, Veris Residential's PB Ratio of today is 1.58.

Warning Sign:

Veris Residential Inc stock PB Ratio (=1.58) is close to 10-year high of 1.72.

The historical rank and industry rank for Veris Residential's PB Ratio or its related term are showing as below:

VRE' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.24   Max: 1.72
Current: 1.58

During the past 13 years, Veris Residential's highest PB Ratio was 1.72. The lowest was 0.71. And the median was 1.24.

VRE's PB Ratio is ranked worse than
86.66% of 922 companies
in the REITs industry
Industry Median: 0.86 vs VRE: 1.58

During the past 12 months, Veris Residential's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veris Residential was 31.10% per year. The lowest was -7.20% per year. And the median was -2.10% per year.

Back to Basics: PB Ratio


Veris Residential  (NYSE:VRE) 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.


Veris Residential PB Ratio Related Terms


Veris Residential PB Ratio Historical Data

* Premium members only.

The historical data trend for Veris Residential'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.

Veris Residential PB Ratio Chart

Veris Residential 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 1.30 1.17 1.28 1.41 1.21

Veris Residential 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 1.46 1.28 1.23 1.21 1.57

VRE vs UMH, CSR, NXRT: PB Ratio Comparison

For the REIT - Residential subindustry, Veris Residential'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.


Veris Residential PB Ratio vs REITs Industry

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

* The bar in red indicates where Veris Residential's PB Ratio falls into.


VRE
41GF Score
Veris Residential Inc VRE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veris Residential 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.

Veris Residential's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=18.99/12.037
=1.58

* 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 1.58 mean?
Veris Residential (VRE) has a PB Ratio of 1.58 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Veris Residential and its competitors. This is 27% above median its historical median of 1.24. Over the past decade, Veris Residential's PB Ratio has ranged from 0.71 to 1.72. According to the industry distribution chart, Veris Residential ranks #799 out of 922 companies in the REITs industry, placing it in the top 86.7%.
Is Veris Residential's PB Ratio too high?
Veris Residential's current PB Ratio of 1.58 is 27% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.72. The REITs industry median PB Ratio is 0.86. Veris Residential's value of 1.58 is 83.7% above this industry median. Based on the distribution chart, Veris Residential ranks #799 out of 922 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Veris Residential has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veris Residential's PB Ratio compare to UMH and CSR?
According to the REITs industry distribution chart, Veris Residential ranks #799 out of 922 companies for PB Ratio. This places Veris Residential in the lower half of its industry. The industry median PB Ratio is 0.86. Veris Residential's value of 1.58 is 83.7% above this benchmark. Historically, Veris Residential's own PB Ratio has ranged from 0.71 to 1.72 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 0.86, Veris Residential 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 922 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. Veris Residential's current PB Ratio of 1.58 is 83.7% 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 Veris Residential 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. Veris Residential's current PB Ratio is 1.58, which is 27% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veris Residential stock overvalued right now?
Based on GuruFocus' analysis, Veris Residential (VRE) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.97, compared to a current price of $18.99 — trading 11.9% above its estimated fair value. The current PB Ratio is 1.58, which is 27% above median its 10-year median of 1.24 and 83.7% above the REITs industry median of 0.86. Veris Residential's overall GF Score™ is 41/100 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 Veris Residential (VRE), the current PB Ratio is 1.58 as of Jul. 16, 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 Veris Residential (VRE) Overvalued in 2026?

Based on GuruFocus' analysis, Veris Residential stock appears to be overvalued. The current stock price of $18.99 is trading 11.9% above its estimated GF Value™ of $16.97. GuruFocus considers Veris Residential to be Modestly Overvalued.

Key valuation signals for VRE:

  • PB Ratio: 1.58 (27% above median its 10-year median of 1.24)
  • GF Value™: $16.97 vs. price of $18.99 (11.9% above fair value)
  • GF Score™: 41/100 with 9 warning signs
  • Industry Position: 83.7% above the REITs median (#799 of 922)

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


Veris Residential Business Description

Industry Real EstateREITs
Address Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
41GF Score

Get the complete analysis for VRE

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

$18.99
Price
$16.97
GF Value