Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) PB Ratio: 0.47 (As of Aug. 08, 2026) — 45% Below Median

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BKK:QHBREIT Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
44 GF Score
Price ฿3.84
! 3 Warning Signs
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What is Quality Houses Business Complex Leasehold REIT PB Ratio?

Quality Houses Business Complex Leasehold REIT BKK:QHBREIT +0.52% 44 PB Ratio is 0.47 as of Aug. 08, 2026, which is 45% below its 10-year median of 0.85. GuruFocus rates BKK:QHBREIT with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 915 REITs companies, Quality Houses Business Complex Leasehold REIT ranks better than 86.99% 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 (2026-08-08), Quality Houses Business Complex Leasehold REIT's share price is ฿3.84. Quality Houses Business Complex Leasehold REIT's Book Value per Share for the quarter that ended in Mar. 2026 was ฿8.16. Hence, Quality Houses Business Complex Leasehold REIT's PB Ratio of today is 0.47.

Warning Sign:

Quality Houses Business Complex Leasehold REIT stock PB Ratio (=0.46) is close to 1-year high of 0.48.

The historical rank and industry rank for Quality Houses Business Complex Leasehold REIT's PB Ratio or its related term are showing as below:

BKK:QHBREIT' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.85   Max: 1.32
Current: 0.46

During the past 13 years, Quality Houses Business Complex Leasehold REIT's highest PB Ratio was 1.32. The lowest was 0.36. And the median was 0.85.

BKK:QHBREIT's PB Ratio is ranked better than
86.99% of 915 companies
in the REITs industry
Industry Median: 0.85 vs BKK:QHBREIT: 0.46

During the past 12 months, Quality Houses Business Complex Leasehold REIT's average Book Value Per Share Growth Rate was -8.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Quality Houses Business Complex Leasehold REIT was 3.40% per year. The lowest was -8.40% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


Quality Houses Business Complex Leasehold REIT  (BKK:QHBREIT) 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.


Quality Houses Business Complex Leasehold REIT PB Ratio Related Terms


Quality Houses Business Complex Leasehold REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Quality Houses Business Complex 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.

Quality Houses Business Complex Leasehold REIT PB Ratio Chart

Quality Houses Business Complex 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 0.97 0.87 0.56 0.00 0.41

Quality Houses Business Complex 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 0.42 0.38 0.41 0.41 0.44

BKK:QHBREIT vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Quality Houses Business Complex 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.


Quality Houses Business Complex Leasehold REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Business Complex Leasehold REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Quality Houses Business Complex Leasehold REIT's PB Ratio falls into.


BKK:QHBREIT
44GF Score
Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Quality Houses Business Complex 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.

Quality Houses Business Complex Leasehold REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.84/8.163
=0.47

* 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 0.47 mean?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a PB Ratio of 0.47 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. This is 45% below median its historical median of 0.85. Over the past decade, Quality Houses Business Complex Leasehold REIT's PB Ratio has ranged from 0.36 to 1.32. According to the industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #119 out of 915 companies in the REITs industry, placing it in the top 13%.
Is Quality Houses Business Complex Leasehold REIT's PB Ratio too high?
Quality Houses Business Complex Leasehold REIT's current PB Ratio of 0.47 is 45% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.32. The REITs industry median PB Ratio is 0.85. Quality Houses Business Complex Leasehold REIT's value of 0.47 is 44.7% below this industry median. Based on the distribution chart, Quality Houses Business Complex Leasehold REIT ranks #119 out of 915 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Quality Houses Business Complex Leasehold REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Quality Houses Business Complex Leasehold REIT's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #119 out of 915 companies for PB Ratio. This places Quality Houses Business Complex Leasehold REIT in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.85. Quality Houses Business Complex Leasehold REIT's value of 0.47 is 44.7% below this benchmark. Historically, Quality Houses Business Complex Leasehold REIT's own PB Ratio has ranged from 0.36 to 1.32 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.85, Quality Houses Business Complex 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 0.85, based on 915 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. Quality Houses Business Complex Leasehold REIT's current PB Ratio of 0.47 is 44.7% 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 Quality Houses Business Complex Leasehold REIT and its competitors. For the REITs industry, the median PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Houses Business Complex Leasehold REIT's current PB Ratio is 0.47, which is 45% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Houses Business Complex Leasehold REIT stock overvalued right now?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a current PB Ratio of 0.47. The current PB Ratio is 0.47, which is 45% below median its 10-year median of 0.85 and 44.7% below the REITs industry median of 0.85. Quality Houses Business Complex Leasehold REIT's overall GF Score™ is 44/100 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 Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT), the current PB Ratio is 0.47 as of Aug. 08, 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.

Quality Houses Business Complex Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses Business Complex Leasehold REIT is a Thailand-based closed-end property trust. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.
44GF Score

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

฿3.84
Price