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BKK:KTBSTMR's PB Ratio is ranked better than 72.55% of 918
companies
in the REITs industry
Industry Median: 0.83
vs BKK:KTBSTMR: 0.63
During the past 12 months, KTBST Mixed Freehold and Leasehold REIT's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of KTBST Mixed Freehold and Leasehold REIT was 0.70% per year. The lowest was -0.30% per year. And the median was 0.20% per year.
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.
KTBST Mixed Freehold and Leasehold REIT PB Ratio Related Terms
KTBST Mixed 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.
KTBST Mixed Freehold and Leasehold REIT PB Ratio Chart
KTBST Mixed Freehold and Leasehold REIT Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.97
0.87
0.64
0.60
0.54
KTBST Mixed Freehold and Leasehold REIT Quarterly Data
BKK:KTBSTMR vs VICI, WPC, BNL: PB Ratio Comparison
For the REIT - Diversified subindustry, KTBST Mixed 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.
KTBST Mixed Freehold and Leasehold REIT PB Ratio vs REITs Industry
KTBST Mixed 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.
KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) has a PB Ratio of 0.63 as of Sep. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KTBST Mixed Freehold and Leasehold REIT and its competitors. This is near median its historical median of 0.62. Over the past decade, KTBST Mixed Freehold and Leasehold REIT's PB Ratio has ranged from 0.52 to 0.88. According to the industry distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #252 out of 918 companies in the REITs industry, placing it in the top 27.5%.
Is KTBST Mixed Freehold and Leasehold REIT's PB Ratio too high?
KTBST Mixed Freehold and Leasehold REIT's current PB Ratio of 0.63 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.88. The REITs industry median PB Ratio is 0.83. KTBST Mixed Freehold and Leasehold REIT's value of 0.63 is 24.1% below this industry median. Based on the distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #252 out of 918 companies in the REITs industry, which is above the industry midpoint. Overall, KTBST Mixed Freehold and Leasehold REIT has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KTBST Mixed Freehold and Leasehold REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #252 out of 918 companies for PB Ratio. This puts KTBST Mixed Freehold and Leasehold REIT in the upper half of its industry. The industry median PB Ratio is 0.83. KTBST Mixed Freehold and Leasehold REIT's value of 0.63 is 24.1% below this benchmark. Historically, KTBST Mixed Freehold and Leasehold REIT's own PB Ratio has ranged from 0.52 to 0.88 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.83, KTBST Mixed 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 0.83, 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. KTBST Mixed Freehold and Leasehold REIT's current PB Ratio of 0.63 is 24.1% 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 KTBST Mixed Freehold and Leasehold REIT and its competitors. For the REITs industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KTBST Mixed Freehold and Leasehold REIT's current PB Ratio is 0.63, 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 KTBST Mixed Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.40 — trading 4.7% above its estimated fair value. The current PB Ratio is 0.63, which is near median its 10-year median of 0.62 and 24.1% below the REITs industry median of 0.83. KTBST Mixed Freehold and Leasehold REIT's overall GF Score™ is 52/100 with 2 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 KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR), the current PB Ratio is 0.63 as of Sep. 14, 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 KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) Overvalued in 2026?
Based on GuruFocus' analysis, KTBST Mixed Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.40 is trading 4.7% above its estimated GF Value™ of ฿6.11.
GuruFocus considers KTBST Mixed Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:KTBSTMR:
PB Ratio: 0.63 (near median its 10-year median of 0.62)
GF Value™: ฿6.11 vs. price of ฿6.40 (4.7% above fair value)
Industry Position: 24.1% below the REITs median (#252 of 918)
No single metric tells the full story. See the BKK:KTBSTMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KTBST Mixed Freehold and Leasehold REIT is a real estate investment trust. It invests in leasehold rights, and sublease rights such as warehouse buildings, Office buildings and shopping centers building community malls, and others. The Trust's objective is to raise funds from investor which use the proceeds from the offering of trust units and loan from the financial institution (if any) to invest in main assets.
52GF Score
Get the complete analysis for BKK:KTBSTMR
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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