LTC PropertiesFRA:LTP +0.36%88 PB Ratio is 1.76 as of Jun. 27, 2026, which is 9% below its 10-year median of 1.93. GuruFocus rates FRA:LTP with a GF Score™ of 88/100 and a GF Value™ of €42.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 929 REITs companies, LTC Properties ranks worse than 87.62% 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 (2026-06-27), LTC Properties's share price is €33.90. LTC Properties's Book Value per Share for the quarter that ended in Mar. 2026 was €19.29. Hence, LTC Properties's PB Ratio of today is 1.76.
The historical rank and industry rank for LTC Properties's PB Ratio or its related term are showing as below:
FRA:LTP'
s PB Ratio Range Over the Past 10 Years
Min: 1.34 Med: 1.93 Max: 2.86
Current: 1.72
During the past 13 years, LTC Properties's highest PB Ratio was 2.86. The lowest was 1.34. And the median was 1.93.
FRA:LTP's PB Ratio is ranked worse than 87.62% of 929
companies
in the REITs industry
Industry Median: 0.87
vs FRA:LTP: 1.72
During the past 12 months, LTC Properties's average Book Value Per Share Growth Rate was 6.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LTC Properties was 19.60% per year. The lowest was -16.60% per year. And the median was 2.90% per year.
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.
LTC Properties PB Ratio Related Terms
LTC Properties PB Ratio Historical Data
* Premium members only.
The historical data trend for LTC Properties'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 - Healthcare Facilities subindustry, LTC Properties'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.
LTC Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, LTC Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where LTC Properties'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.
LTC Properties's PB Ratio for today is calculated as follows:
* 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.
LTC Properties (FRA:LTP) has a PB Ratio of 1.76 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LTC Properties and its competitors. This is near median its historical median of 1.93. Over the past decade, LTC Properties' PB Ratio has ranged from 1.34 to 2.86. According to the industry distribution chart, LTC Properties ranks #814 out of 929 companies in the REITs industry, placing it in the top 87.6%.
Is LTC Properties' PB Ratio too high?
LTC Properties' current PB Ratio of 1.76 is near median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.86. The REITs industry median PB Ratio is 0.87. LTC Properties' value of 1.76 is 102.3% above this industry median. Based on the distribution chart, LTC Properties ranks #814 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, LTC Properties has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' PB Ratio compare to DHC and SILA?
According to the REITs industry distribution chart, LTC Properties ranks #814 out of 929 companies for PB Ratio. This places LTC Properties in the lower half of its industry. The industry median PB Ratio is 0.87. LTC Properties' value of 1.76 is 102.3% above this benchmark. Historically, LTC Properties' own PB Ratio has ranged from 1.34 to 2.86 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.87, LTC Properties 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 929 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. LTC Properties's current PB Ratio of 1.76 is 102.3% 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 LTC Properties 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. LTC Properties's current PB Ratio is 1.76, which is near median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (FRA:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.49, compared to a current price of €33.90 — trading 20.2% below its estimated fair value. The current PB Ratio is 1.76, which is near median its 10-year median of 1.93 and 102.3% above the REITs industry median of 0.87. LTC Properties' overall GF Score™ is 88/100 with 6 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 LTC Properties (FRA:LTP), the current PB Ratio is 1.76 as of Jun. 27, 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 LTC Properties (FRA:LTP) Overvalued in 2026?
Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued.
The current stock price of €33.90 is trading 20.2% below its estimated GF Value™ of €42.49.
GuruFocus considers LTC Properties to be Modestly Undervalued.
Key valuation signals for FRA:LTP:
PB Ratio: 1.76 (near median its 10-year median of 1.93)
GF Value™: €42.49 vs. price of €33.90 (20.2% below fair value)
Industry Position: 102.3% above the REITs median (#814 of 929)
No single metric tells the full story. See the FRA:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
88GF Score
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