Japan Logistics Fund (FRA:8UT) PB Ratio: 1.83 (As of Jun. 30, 2026) — Near Median


FRA:8UT Japan Logistics Fund Inc FRA:8UT
60 GF Score
Price €510.00
GF Value €541.18
! 3 Warning Signs
View Full Analysis

What is Japan Logistics Fund PB Ratio?

Japan Logistics Fund FRA:8UT 60 PB Ratio is 1.83 as of Jun. 30, 2026, which is at its 10-year median of 1.83. GuruFocus rates FRA:8UT with a GF Score™ of 60/100 and a GF Value™ of €541.18. The stock has 3 warning signs investors should review. Among 933 REITs companies, Japan Logistics Fund ranks worse than 89.39% 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 (2026-06-30), Japan Logistics Fund's share price is €510.00. Japan Logistics Fund's Book Value per Share for the quarter that ended in Jan. 2026 was €278.91. Hence, Japan Logistics Fund's PB Ratio of today is 1.83.

The historical rank and industry rank for Japan Logistics Fund's PB Ratio or its related term are showing as below:

FRA:8UT' s PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.83   Max: 2.4
Current: 1.86

During the past 13 years, Japan Logistics Fund's highest PB Ratio was 2.40. The lowest was 1.07. And the median was 1.83.

FRA:8UT's PB Ratio is ranked worse than
89.39% of 933 companies
in the REITs industry
Industry Median: 0.87 vs FRA:8UT: 1.86

During the past 12 months, Japan Logistics Fund's average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Japan Logistics Fund was 2.80% per year. The lowest was -0.50% per year. And the median was 0.95% per year.

Back to Basics: PB Ratio


Japan Logistics Fund  (FRA:8UT) 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.


Japan Logistics Fund PB Ratio Related Terms


Japan Logistics Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund PB Ratio Chart

Japan Logistics Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.09 1.90 1.69 1.83

Japan Logistics Fund Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.73 1.69 1.75 1.83 1.95

FRA:8UT vs PLD, PSA, EXR: PB Ratio Comparison

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Japan Logistics Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Logistics Fund's PB Ratio falls into.


FRA:8UT
60GF Score
Japan Logistics Fund Inc FRA:8UT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Logistics Fund 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.

Japan Logistics Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=510.00/278.913
=1.83

* 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 1.83 mean?
Japan Logistics Fund (FRA:8UT) has a PB Ratio of 1.83 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Japan Logistics Fund and its competitors. This is near median its historical median of 1.83. Over the past decade, Japan Logistics Fund's PB Ratio has ranged from 1.07 to 2.40. According to the industry distribution chart, Japan Logistics Fund ranks #834 out of 933 companies in the REITs industry, placing it in the top 89.4%.
Is Japan Logistics Fund's PB Ratio too high?
Japan Logistics Fund's current PB Ratio of 1.83 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.40. The REITs industry median PB Ratio is 0.87. Japan Logistics Fund's value of 1.83 is 110.3% above this industry median. Based on the distribution chart, Japan Logistics Fund ranks #834 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Logistics Fund has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Japan Logistics Fund's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Japan Logistics Fund ranks #834 out of 933 companies for PB Ratio. This places Japan Logistics Fund in the lower half of its industry. The industry median PB Ratio is 0.87. Japan Logistics Fund's value of 1.83 is 110.3% above this benchmark. Historically, Japan Logistics Fund's own PB Ratio has ranged from 1.07 to 2.40 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.87, Japan Logistics Fund has consistently been above 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 933 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. Japan Logistics Fund's current PB Ratio of 1.83 is 110.3% above 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 Japan Logistics Fund 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. Japan Logistics Fund's current PB Ratio is 1.83, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Logistics Fund stock overvalued right now?
Japan Logistics Fund (FRA:8UT) has a current PB Ratio of 1.83. The stock's GF Value™ is €541.18, compared to a current price of €510.00 — trading 5.8% below its estimated fair value. The current PB Ratio is 1.83, which is near median its 10-year median of 1.83 and 110.3% above the REITs industry median of 0.87. Japan Logistics Fund's overall GF Score™ is 60/100 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 Japan Logistics Fund (FRA:8UT), the current PB Ratio is 1.83 as of Jun. 30, 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 Japan Logistics Fund (FRA:8UT) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Logistics Fund stock appears to be undervalued. The current stock price of €510.00 is trading 5.8% below its estimated GF Value™ of €541.18.

Key valuation signals for FRA:8UT:

  • PB Ratio: 1.83 (near median its 10-year median of 1.83)
  • GF Value™: €541.18 vs. price of €510.00 (5.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 110.3% above the REITs median (#834 of 933)

No single metric tells the full story. See the FRA:8UT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Logistics Fund Business Description

Industry Real EstateREITs
Other Exchanges 8967:Japan
Address 3-2-1, Nishikanda, Chiyoda-ku, Tokyo, JPN, 101-0065
Japan Logistics Fund Inc is a Real Estate Investment Trust dedicated to investing in logistics properties. Its investment targets shall be real estate used for logistics facilities. The real estate used for data centers and other telecommunication facilities and real estate that is not being used for logistics facilities at the time of acquisition but may be constructed, converted or redeveloped to be used for logistics facilities.
60GF Score

Get the complete analysis for FRA:8UT

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

€510.00
Price
€541.18
GF Value