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FRA:T0L's PB Ratio is ranked better than 81.92% of 929
companies
in the REITs industry
Industry Median: 0.86
vs FRA:T0L: 0.54
During the past 12 months, Morguard Real Estate Investment Trust's average Book Value Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Morguard Real Estate Investment Trust was 37.20% per year. The lowest was -13.60% per year. And the median was 0.50% per year.
Back to Basics: PB Ratio
Morguard Real Estate Investment Trust (FRA:T0L) 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.
Morguard Real Estate Investment Trust PB Ratio Related Terms
Morguard Real Estate Investment 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.
Morguard Real Estate Investment Trust PB Ratio Chart
For the REIT - Diversified subindustry, Morguard Real Estate Investment 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.
Morguard Real Estate Investment Trust PB Ratio vs REITs Industry
Morguard Real Estate Investment Trust 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.
* 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.
Morguard Real Estate Investment Trust (FRA:T0L) has a PB Ratio of 0.52 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Morguard Real Estate Investment Trust and its competitors. This is 27% above median its historical median of 0.41. Over the past decade, Morguard Real Estate Investment Trust's PB Ratio has ranged from 0.18 to 0.62. According to the industry distribution chart, Morguard Real Estate Investment Trust ranks #168 out of 929 companies in the REITs industry, placing it in the top 18.1%.
Is Morguard Real Estate Investment Trust's PB Ratio too high?
Morguard Real Estate Investment Trust's current PB Ratio of 0.52 is 27% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.62. The REITs industry median PB Ratio is 0.86. Morguard Real Estate Investment Trust's value of 0.52 is 39.5% below this industry median. Based on the distribution chart, Morguard Real Estate Investment Trust ranks #168 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Morguard Real Estate Investment Trust has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Morguard Real Estate Investment Trust's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Morguard Real Estate Investment Trust ranks #168 out of 929 companies for PB Ratio. This places Morguard Real Estate Investment Trust in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Morguard Real Estate Investment Trust's value of 0.52 is 39.5% below this benchmark. Historically, Morguard Real Estate Investment Trust's own PB Ratio has ranged from 0.18 to 0.62 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.86, Morguard Real Estate Investment 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 0.86, 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. Morguard Real Estate Investment Trust's current PB Ratio of 0.52 is 39.5% 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 Morguard Real Estate Investment Trust and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard Real Estate Investment Trust's current PB Ratio is 0.52, which is 27% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard Real Estate Investment Trust stock overvalued right now?
Morguard Real Estate Investment Trust (FRA:T0L) has a current PB Ratio of 0.52. The stock's GF Value™ is €3.26, compared to a current price of €4.25 — trading 30.2% above its estimated fair value. The current PB Ratio is 0.52, which is 27% above median its 10-year median of 0.41 and 39.5% below the REITs industry median of 0.86. Morguard Real Estate Investment Trust's overall GF Score™ is 56/100 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 Morguard Real Estate Investment Trust (FRA:T0L), the current PB Ratio is 0.52 as of Jul. 14, 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 Morguard Real Estate Investment Trust (FRA:T0L) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard Real Estate Investment Trust stock appears to be overvalued.
The current stock price of €4.25 is trading 30.2% above its estimated GF Value™ of €3.26.
Key valuation signals for FRA:T0L:
PB Ratio: 0.52 (27% above median its 10-year median of 0.41)
GF Value™: €3.26 vs. price of €4.25 (30.2% above fair value)
Industry Position: 39.5% below the REITs median (#168 of 929)
No single metric tells the full story. See the FRA:T0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard Real Estate Investment Trust Business Description
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.
56GF Score
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