Centuria Office REITFRA:47X +0.83%42 PB Ratio is 0.53 as of Jul. 07, 2026, which is 37% below its 10-year median of 0.84. GuruFocus rates FRA:47X with a GF Score™ of 42/100 and a GF Value™ of €0.68 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 931 REITs companies, Centuria Office REIT ranks better than 84.32% on this metric.
Centuria Office REIT stock PB Ratio (=0.52) is close to 10-year low of 0.49.
The historical rank and industry rank for Centuria Office REIT's PB Ratio or its related term are showing as below:
FRA:47X'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.84 Max: 2.19
Current: 0.52
During the past 11 years, Centuria Office REIT's highest PB Ratio was 2.19. The lowest was 0.49. And the median was 0.84.
FRA:47X's PB Ratio is ranked better than 84.32% of 931
companies
in the REITs industry
Industry Median: 0.87
vs FRA:47X: 0.52
During the past 12 months, Centuria Office REIT's average Book Value Per Share Growth Rate was 0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Centuria Office REIT was 34.20% per year. The lowest was -12.60% per year. And the median was 0.05% per year.
Back to Basics: PB Ratio
Centuria Office REIT (FRA:47X) 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.
Centuria Office REIT PB Ratio Related Terms
Centuria Office REIT PB Ratio Historical Data
* Premium members only.
The historical data trend for Centuria Office 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.
For the REIT - Office subindustry, Centuria Office 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.
Centuria Office REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Centuria Office REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Centuria Office 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.
Centuria Office REIT (FRA:47X) has a PB Ratio of 0.53 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 Centuria Office REIT and its competitors. This is 37% below median its historical median of 0.84. Over the past decade, Centuria Office REIT's PB Ratio has ranged from 0.49 to 2.19. According to the industry distribution chart, Centuria Office REIT ranks #146 out of 931 companies in the REITs industry, placing it in the top 15.7%.
Is Centuria Office REIT's PB Ratio too high?
Centuria Office REIT's current PB Ratio of 0.53 is 37% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.19. The REITs industry median PB Ratio is 0.87. Centuria Office REIT's value of 0.53 is 39.1% below this industry median. Based on the distribution chart, Centuria Office REIT ranks #146 out of 931 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Centuria Office REIT has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Centuria Office REIT's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Centuria Office REIT ranks #146 out of 931 companies for PB Ratio. This places Centuria Office REIT in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. Centuria Office REIT's value of 0.53 is 39.1% below this benchmark. Historically, Centuria Office REIT's own PB Ratio has ranged from 0.49 to 2.19 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.87, Centuria Office 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. Centuria Office REIT's current PB Ratio of 0.53 is 39.1% 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 Centuria Office 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. Centuria Office REIT's current PB Ratio is 0.53, which is 37% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Office REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Office REIT (FRA:47X) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.68, compared to a current price of €0.52 — trading 23.4% below its estimated fair value. The current PB Ratio is 0.53, which is 37% below median its 10-year median of 0.84 and 39.1% below the REITs industry median of 0.87. Centuria Office REIT's overall GF Score™ is 42/100 with 8 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 Centuria Office REIT (FRA:47X), the current PB Ratio is 0.53 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 Centuria Office REIT (FRA:47X) Overvalued in 2026?
Based on GuruFocus' analysis, Centuria Office REIT stock appears to be undervalued.
The current stock price of €0.52 is trading 23.4% below its estimated GF Value™ of €0.68.
GuruFocus considers Centuria Office REIT to be Modestly Undervalued.
Key valuation signals for FRA:47X:
PB Ratio: 0.53 (37% below median its 10-year median of 0.84)
GF Value™: €0.68 vs. price of €0.52 (23.4% below fair value)
Industry Position: 39.1% below the REITs median (#146 of 931)
No single metric tells the full story. See the FRA:47X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centuria Office REIT is an externally managed real estate investment vehicle. The trust holds a portfolio of office buildings and passes most of the income generated from leasing out these properties to unitholders. Centuria Office focuses on suburban offices, with nearly the entire portfolio located in major Australian capital cities and rated modern A grade.The external manager, Centuria Capital Group, receives fees from Centuria Office in exchange for leasing, property management, and development management services, and retains a 19% interest in the trust. Centuria Office REIT was originally called Centuria Metropolitan REIT. It was renamed in 2020 after selling its industrial assets and becoming a pure-play office REIT.
42GF Score
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