Nexus Industrial REITEFRTF +2.67%70 PB Ratio is 0.69 as of Jul. 07, 2026, which is 19% below its 10-year median of 0.85. GuruFocus rates EFRTF with a GF Score™ of 70/100 and a GF Value™ of $5.53 (Fairly Valued). The stock has 10 warning signs investors should review. Among 931 REITs companies, Nexus Industrial REIT ranks better than 67.35% on this metric.
The historical rank and industry rank for Nexus Industrial REIT's PB Ratio or its related term are showing as below:
EFRTF'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.85 Max: 1.47
Current: 0.74
During the past 13 years, Nexus Industrial REIT's highest PB Ratio was 1.47. The lowest was 0.16. And the median was 0.85.
EFRTF's PB Ratio is ranked better than 67.35% of 931
companies
in the REITs industry
Industry Median: 0.87
vs EFRTF: 0.74
During the past 12 months, Nexus Industrial 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 3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nexus Industrial REIT was 8.70% per year. The lowest was -1.60% per year. And the median was 4.50% per year.
Back to Basics: PB Ratio
Nexus Industrial REIT (OTCPK:EFRTF) 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.
* 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.
For the REIT - Industrial subindustry, Nexus Industrial 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.
Nexus Industrial REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Nexus Industrial REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nexus Industrial REIT's PB Ratio falls into.
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.
Nexus Industrial REIT (EFRTF) has a PB Ratio of 0.69 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nexus Industrial REIT and its competitors. This is 19% below median its historical median of 0.85. Over the past decade, Nexus Industrial REIT's PB Ratio has ranged from 0.16 to 1.47. According to the industry distribution chart, Nexus Industrial REIT ranks #304 out of 931 companies in the REITs industry, placing it in the top 32.7%.
Is Nexus Industrial REIT's PB Ratio too high?
Nexus Industrial REIT's current PB Ratio of 0.69 is 19% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.47. The REITs industry median PB Ratio is 0.87. Nexus Industrial REIT's value of 0.69 is 20.7% below this industry median. Based on the distribution chart, Nexus Industrial REIT ranks #304 out of 931 companies in the REITs industry, which is above the industry midpoint. Overall, Nexus Industrial REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nexus Industrial REIT's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Nexus Industrial REIT ranks #304 out of 931 companies for PB Ratio. This puts Nexus Industrial REIT in the upper half of its industry. The industry median PB Ratio is 0.87. Nexus Industrial REIT's value of 0.69 is 20.7% below this benchmark. Historically, Nexus Industrial REIT's own PB Ratio has ranged from 0.16 to 1.47 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.87, Nexus Industrial 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 931 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. Nexus Industrial REIT's current PB Ratio of 0.69 is 20.7% 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 Nexus Industrial 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. Nexus Industrial REIT's current PB Ratio is 0.69, which is 19% 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 Nexus Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Nexus Industrial REIT (EFRTF) is currently considered Fairly Valued. The stock's GF Value™ is $5.53, compared to a current price of $5.76 — trading 4.2% above its estimated fair value. The current PB Ratio is 0.69, which is 19% below median its 10-year median of 0.85 and 20.7% below the REITs industry median of 0.87. Nexus Industrial REIT's overall GF Score™ is 70/100 with 10 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 Nexus Industrial REIT (EFRTF), the current PB Ratio is 0.69 as of Jul. 07, 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 Nexus Industrial REIT (EFRTF) Overvalued in 2026?
Based on GuruFocus' analysis, Nexus Industrial REIT stock appears to be overvalued.
The current stock price of $5.76 is trading 4.2% above its estimated GF Value™ of $5.53.
GuruFocus considers Nexus Industrial REIT to be Fairly Valued.
Key valuation signals for EFRTF:
PB Ratio: 0.69 (19% below median its 10-year median of 0.85)
GF Value™: $5.53 vs. price of $5.76 (4.2% above fair value)
Industry Position: 20.7% below the REITs median (#304 of 931)
No single metric tells the full story. See the EFRTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties. REIT has a single reportable segment. It owns and operates commercial real estate properties with a focus on industrial assets across Canada.
70GF Score
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