MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) PB Ratio: 0.59 (As of Jun. 27, 2026) — 24% Below Median


BKK:MII MFC Industrial Investment Freehold and Leasehold REIT BKK:MII
66 GF Score
Price ฿5.80
GF Value ฿6.20
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MFC Industrial Investment Freehold and Leasehold REIT PB Ratio?

MFC Industrial Investment Freehold and Leasehold REIT BKK:MII 66 PB Ratio is 0.59 as of Jun. 27, 2026, which is 24% below its 10-year median of 0.78. GuruFocus rates BKK:MII with a GF Score™ of 66/100 and a GF Value™ of ฿6.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 929 REITs companies, MFC Industrial Investment Freehold and Leasehold REIT ranks better than 79.01% 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 (2026-06-27), MFC Industrial Investment Freehold and Leasehold REIT's share price is ฿5.80. MFC Industrial Investment Freehold and Leasehold REIT's Book Value per Share for the quarter that ended in Mar. 2026 was ฿9.76. Hence, MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio of today is 0.59.

Warning Sign:

MFC Industrial Investment Freehold and Leasehold REIT stock PB Ratio (=0.59) is close to 1-year high of 0.59.

The historical rank and industry rank for MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio or its related term are showing as below:

BKK:MII' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.78   Max: 1.1
Current: 0.59

During the past 13 years, MFC Industrial Investment Freehold and Leasehold REIT's highest PB Ratio was 1.10. The lowest was 0.45. And the median was 0.78.

BKK:MII's PB Ratio is ranked better than
79.01% of 929 companies
in the REITs industry
Industry Median: 0.87 vs BKK:MII: 0.59

During the past 12 months, MFC Industrial Investment Freehold and Leasehold REIT's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% 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 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MFC Industrial Investment Freehold and Leasehold REIT was 1.30% per year. The lowest was -3.30% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


MFC Industrial Investment Freehold and Leasehold REIT  (BKK:MII) 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.


MFC Industrial Investment Freehold and Leasehold REIT PB Ratio Related Terms


MFC Industrial Investment Freehold and Leasehold REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for MFC Industrial Investment 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.

MFC Industrial Investment Freehold and Leasehold REIT PB Ratio Chart

MFC Industrial Investment Freehold and Leasehold REIT 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 0.84 0.77 0.76 0.67 0.46

MFC Industrial Investment Freehold and Leasehold REIT 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 0.57 0.52 0.49 0.46 0.51

BKK:MII vs VICI, WPC, BNL: PB Ratio Comparison

For the REIT - Diversified subindustry, MFC Industrial Investment 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.


MFC Industrial Investment Freehold and Leasehold REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio falls into.


BKK:MII
66GF Score
MFC Industrial Investment Freehold and Leasehold REIT BKK:MII
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFC Industrial Investment 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.

MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.80/9.758
=0.59

* 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 0.59 mean?
MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) has a PB Ratio of 0.59 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MFC Industrial Investment Freehold and Leasehold REIT and its competitors. This is 24% below median its historical median of 0.78. Over the past decade, MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio has ranged from 0.45 to 1.10. According to the industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #195 out of 929 companies in the REITs industry, placing it in the top 21%.
Is MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio too high?
MFC Industrial Investment Freehold and Leasehold REIT's current PB Ratio of 0.59 is 24% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.10. The REITs industry median PB Ratio is 0.87. MFC Industrial Investment Freehold and Leasehold REIT's value of 0.59 is 32.2% below this industry median. Based on the distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #195 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, MFC Industrial Investment Freehold and Leasehold REIT has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFC Industrial Investment Freehold and Leasehold REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #195 out of 929 companies for PB Ratio. This places MFC Industrial Investment Freehold and Leasehold REIT in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. MFC Industrial Investment Freehold and Leasehold REIT's value of 0.59 is 32.2% below this benchmark. Historically, MFC Industrial Investment Freehold and Leasehold REIT's own PB Ratio has ranged from 0.45 to 1.10 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.87, MFC Industrial Investment 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 0.87, 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. MFC Industrial Investment Freehold and Leasehold REIT's current PB Ratio of 0.59 is 32.2% 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 MFC Industrial Investment 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. MFC Industrial Investment Freehold and Leasehold REIT's current PB Ratio is 0.59, which is 24% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFC Industrial Investment Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.20, compared to a current price of ฿5.80 — trading 6.5% below its estimated fair value. The current PB Ratio is 0.59, which is 24% below median its 10-year median of 0.78 and 32.2% below the REITs industry median of 0.87. MFC Industrial Investment Freehold and Leasehold REIT's overall GF Score™ is 66/100 with 4 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII), the current PB Ratio is 0.59 as of Jun. 27, 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Overvalued in 2026?

Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿5.80 is trading 6.5% below its estimated GF Value™ of ฿6.20. GuruFocus considers MFC Industrial Investment Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:MII:

  • PB Ratio: 0.59 (24% below median its 10-year median of 0.78)
  • GF Value™: ฿6.20 vs. price of ฿5.80 (6.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 32.2% below the REITs median (#195 of 929)

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


MFC Industrial Investment Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Other Exchanges MII-F:Thailand
Address Wireless Road, 195 One Bangkok Tower 4, 16th-17th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
MFC Industrial Investment Freehold and Leasehold REIT is a close-ended property fund with no maturity date. Its objective of supporting the conversion from a Fund and to raise funds to invest in real estate or accept the transfer of leasehold rights to real estate, sub-leasehold rights to real estate, including movable properties and equipment related to operations and to generate benefits from real estate. The Trust has operated under one geographical activity for segment information which is the rental of properties in Thailand.
66GF Score

Get the complete analysis for BKK:MII

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

฿5.80
Price
฿6.20
GF Value