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BKK:DREIT's PB Ratio is ranked better than 77.5% of 929
companies
in the REITs industry
Industry Median: 0.86
vs BKK:DREIT: 0.60
During the past 12 months, Dusit Thani Freehold and Leasehold REIT's average Book Value Per Share Growth Rate was 0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dusit Thani Freehold and Leasehold REIT was 2.20% per year. The lowest was -8.70% per year. And the median was -1.05% per year.
Back to Basics: PB Ratio
Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) 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.
Dusit Thani Freehold and Leasehold REIT PB Ratio Related Terms
Dusit Thani Freehold and Leasehold REIT 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.
Dusit Thani Freehold and Leasehold REIT PB Ratio Chart
Dusit Thani Freehold and Leasehold REIT Annual Data
For the REIT - Hotel & Motel subindustry, Dusit Thani 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.
Dusit Thani Freehold and Leasehold REIT PB Ratio vs REITs Industry
Dusit Thani 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.
* 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.
Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) has a PB Ratio of 0.60 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dusit Thani Freehold and Leasehold REIT and its competitors. This is near median its historical median of 0.62. Over the past decade, Dusit Thani Freehold and Leasehold REIT's PB Ratio has ranged from 0.44 to 0.89. According to the industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #209 out of 929 companies in the REITs industry, placing it in the top 22.5%.
Is Dusit Thani Freehold and Leasehold REIT's PB Ratio too high?
Dusit Thani Freehold and Leasehold REIT's current PB Ratio of 0.60 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.89. The REITs industry median PB Ratio is 0.86. Dusit Thani Freehold and Leasehold REIT's value of 0.60 is 30.2% below this industry median. Based on the distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #209 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dusit Thani Freehold and Leasehold REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani Freehold and Leasehold REIT's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #209 out of 929 companies for PB Ratio. This places Dusit Thani Freehold and Leasehold REIT in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Dusit Thani Freehold and Leasehold REIT's value of 0.60 is 30.2% below this benchmark. Historically, Dusit Thani Freehold and Leasehold REIT's own PB Ratio has ranged from 0.44 to 0.89 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.86, Dusit Thani Freehold and Leasehold REIT has consistently been below 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 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. Dusit Thani Freehold and Leasehold REIT's current PB Ratio of 0.60 is 30.2% below 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 Dusit Thani Freehold and Leasehold 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. Dusit Thani Freehold and Leasehold REIT's current PB Ratio is 0.60, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.04, compared to a current price of ฿4.96 — trading 1.6% below its estimated fair value. The current PB Ratio is 0.60, which is near median its 10-year median of 0.62 and 30.2% below the REITs industry median of 0.86. Dusit Thani Freehold and Leasehold REIT's overall GF Score™ is 80/100 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT), the current PB Ratio is 0.60 as of Jul. 19, 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿4.96 is trading 1.6% below its estimated GF Value™ of ฿5.04.
GuruFocus considers Dusit Thani Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:DREIT:
PB Ratio: 0.60 (near median its 10-year median of 0.62)
GF Value™: ฿5.04 vs. price of ฿4.96 (1.6% below fair value)
Industry Position: 30.2% below the REITs median (#209 of 929)
No single metric tells the full story. See the BKK:DREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dusit Thani Freehold and Leasehold REIT Business Description
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.
80GF Score
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