Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) PB Ratio: 1.01 (As of Jun. 26, 2026) — 18% Below Median


BKK:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
85 GF Score
Price ฿12.70
GF Value ฿13.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Axtra Future City Freehold and Leasehold REIT PB Ratio?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART -0.78% 85 PB Ratio is 1.01 as of Jun. 26, 2026, which is 18% below its 10-year median of 1.23. GuruFocus rates BKK:AXTRART with a GF Score™ of 85/100 and a GF Value™ of ฿13.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 929 REITs companies, Axtra Future City Freehold and Leasehold REIT ranks worse than 67.28% 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 (2026-06-26), Axtra Future City Freehold and Leasehold REIT's share price is ฿12.70. Axtra Future City Freehold and Leasehold REIT's Book Value per Share for the quarter that ended in Mar. 2026 was ฿12.60. Hence, Axtra Future City Freehold and Leasehold REIT's PB Ratio of today is 1.01.

The historical rank and industry rank for Axtra Future City Freehold and Leasehold REIT's PB Ratio or its related term are showing as below:

BKK:AXTRART' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.23   Max: 2.03
Current: 1.02

During the past 13 years, Axtra Future City Freehold and Leasehold REIT's highest PB Ratio was 2.03. The lowest was 0.87. And the median was 1.23.

BKK:AXTRART's PB Ratio is ranked worse than
67.28% of 929 companies
in the REITs industry
Industry Median: 0.87 vs BKK:AXTRART: 1.02

During the past 12 months, Axtra Future City Freehold and Leasehold REIT's average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axtra Future City Freehold and Leasehold REIT was 3.20% per year. The lowest was -2.00% per year. And the median was 1.00% per year.

Back to Basics: PB Ratio


Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) 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.


Axtra Future City Freehold and Leasehold REIT PB Ratio Related Terms


Axtra Future City Freehold and Leasehold REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold 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.

Axtra Future City Freehold and Leasehold REIT PB Ratio Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.12 1.16 1.08 1.05

Axtra Future City Freehold and Leasehold REIT Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.96 0.90 0.99 1.05 1.00

BKK:AXTRART vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold 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.


Axtra Future City Freehold and Leasehold REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's PB Ratio falls into.


BKK:AXTRART
85GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtra Future City Freehold and Leasehold 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.

Axtra Future City Freehold and Leasehold REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.70/12.597
=1.01

* 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 1.01 mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a PB Ratio of 1.01 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is 18% below median its historical median of 1.23. Over the past decade, Axtra Future City Freehold and Leasehold REIT's PB Ratio has ranged from 0.87 to 2.03. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #625 out of 929 companies in the REITs industry, placing it in the top 67.3%.
Is Axtra Future City Freehold and Leasehold REIT's PB Ratio too high?
Axtra Future City Freehold and Leasehold REIT's current PB Ratio of 1.01 is 18% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.03. The REITs industry median PB Ratio is 0.87. Axtra Future City Freehold and Leasehold REIT's value of 1.01 is 16.1% above this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #625 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #625 out of 929 companies for PB Ratio. This places Axtra Future City Freehold and Leasehold REIT in the lower half of its industry. The industry median PB Ratio is 0.87. Axtra Future City Freehold and Leasehold REIT's value of 1.01 is 16.1% above this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own PB Ratio has ranged from 0.87 to 2.03 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.87, Axtra Future City Freehold and Leasehold 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 929 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. Axtra Future City Freehold and Leasehold REIT's current PB Ratio of 1.01 is 16.1% 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 Axtra Future City Freehold and Leasehold 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. Axtra Future City Freehold and Leasehold REIT's current PB Ratio is 1.01, which is 18% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.70 — trading 3.1% below its estimated fair value. The current PB Ratio is 1.01, which is 18% below median its 10-year median of 1.23 and 16.1% above the REITs industry median of 0.87. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current PB Ratio is 1.01 as of Jun. 26, 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿12.70 is trading 3.1% below its estimated GF Value™ of ฿13.10. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • PB Ratio: 1.01 (18% below median its 10-year median of 1.23)
  • GF Value™: ฿13.10 vs. price of ฿12.70 (3.1% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 16.1% above the REITs median (#625 of 929)

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


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score

Get the complete analysis for BKK:AXTRART

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

฿12.70
Price
฿13.10
GF Value