The historical rank and industry rank for Blackstone Mortgage Trust's PB Ratio or its related term are showing as below:
FRA:079A'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 1.09 Max: 1.44
Current: 0.86
During the past 13 years, Blackstone Mortgage Trust's highest PB Ratio was 1.44. The lowest was 0.56. And the median was 1.09.
FRA:079A's PB Ratio is ranked better than 51.66% of 931
companies
in the REITs industry
Industry Median: 0.87
vs FRA:079A: 0.86
During the past 12 months, Blackstone Mortgage Trust's average Book Value Per Share Growth Rate was -5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone Mortgage Trust was 67.90% per year. The lowest was -18.40% per year. And the median was -0.30% per year.
Back to Basics: PB Ratio
Blackstone Mortgage Trust (FRA:079A) 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.
Blackstone Mortgage Trust PB Ratio Related Terms
Blackstone Mortgage Trust 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.
For the REIT - Mortgage subindustry, Blackstone Mortgage Trust'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.
Blackstone Mortgage Trust PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Blackstone Mortgage Trust'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.
Blackstone Mortgage Trust (FRA:079A) has a PB Ratio of 0.86 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 Blackstone Mortgage Trust and its competitors. This is 21% below median its historical median of 1.09. Over the past decade, Blackstone Mortgage Trust's PB Ratio has ranged from 0.56 to 1.44. According to the industry distribution chart, Blackstone Mortgage Trust ranks #450 out of 931 companies in the REITs industry, placing it in the top 48.3%.
Is Blackstone Mortgage Trust's PB Ratio too high?
Blackstone Mortgage Trust's current PB Ratio of 0.86 is 21% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.44. The REITs industry median PB Ratio is 0.87. Blackstone Mortgage Trust's value of 0.86 is 1.1% below this industry median. Based on the distribution chart, Blackstone Mortgage Trust ranks #450 out of 931 companies in the REITs industry, which is above the industry midpoint. Overall, Blackstone Mortgage Trust has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's PB Ratio compare to DX and ARR?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #450 out of 931 companies for PB Ratio. This puts Blackstone Mortgage Trust in the upper half of its industry. The industry median PB Ratio is 0.87. Blackstone Mortgage Trust's value of 0.86 is 1.1% below this benchmark. Historically, Blackstone Mortgage Trust's own PB Ratio has ranged from 0.56 to 1.44 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.87, Blackstone Mortgage Trust 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. Blackstone Mortgage Trust's current PB Ratio of 0.86 is 1.1% 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 Blackstone Mortgage Trust 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. Blackstone Mortgage Trust's current PB Ratio is 0.86, which is 21% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (FRA:079A) is currently considered Fairly Valued. The stock's GF Value™ is €15.63, compared to a current price of €15.13 — trading 3.2% below its estimated fair value. The current PB Ratio is 0.86, which is 21% below median its 10-year median of 1.09 and 1.1% below the REITs industry median of 0.87. Blackstone Mortgage Trust's overall GF Score™ is 56/100 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 Blackstone Mortgage Trust (FRA:079A), the current PB Ratio is 0.86 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 Blackstone Mortgage Trust (FRA:079A) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued.
The current stock price of €15.13 is trading 3.2% below its estimated GF Value™ of €15.63.
GuruFocus considers Blackstone Mortgage Trust to be Fairly Valued.
Key valuation signals for FRA:079A:
PB Ratio: 0.86 (21% below median its 10-year median of 1.09)
GF Value™: €15.63 vs. price of €15.13 (3.2% below fair value)
Industry Position: 1.1% below the REITs median (#450 of 931)
No single metric tells the full story. See the FRA:079A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
56GF Score
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