Franklin Street PropertiesFSP -1.11%44 PB Ratio is 0.09 as of Jun. 24, 2026, which is 87% below its 10-year median of 0.70. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.46 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 929 REITs companies, Franklin Street Properties ranks better than 99.25% on this metric.
Franklin Street Properties Corp stock PB Ratio (=0.09) is close to 10-year low of 0.09.
The historical rank and industry rank for Franklin Street Properties's PB Ratio or its related term are showing as below:
FSP'
s PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.7 Max: 1.46
Current: 0.09
During the past 13 years, Franklin Street Properties's highest PB Ratio was 1.46. The lowest was 0.09. And the median was 0.70.
FSP's PB Ratio is ranked better than 99.25% of 929
companies
in the REITs industry
Industry Median: 0.87
vs FSP: 0.09
During the past 12 months, Franklin Street Properties's average Book Value Per Share Growth Rate was -6.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Franklin Street Properties was 1943.90% per year. The lowest was -7.70% per year. And the median was -2.70% per year.
Back to Basics: PB Ratio
Franklin Street Properties (AMEX:FSP) 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.
Franklin Street Properties PB Ratio Related Terms
Franklin Street Properties 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 - Office subindustry, Franklin Street 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.
Franklin Street Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Franklin Street Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Franklin Street 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.
* 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.
Franklin Street Properties (FSP) has a PB Ratio of 0.09 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Franklin Street Properties and its competitors. This is 87% below median its historical median of 0.70. Over the past decade, Franklin Street Properties' PB Ratio has ranged from 0.09 to 1.46. According to the industry distribution chart, Franklin Street Properties ranks #7 out of 929 companies in the REITs industry, placing it in the top 0.8%.
Is Franklin Street Properties' PB Ratio too high?
Franklin Street Properties' current PB Ratio of 0.09 is 87% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.46. The REITs industry median PB Ratio is 0.87. Franklin Street Properties' value of 0.09 is 89.7% below this industry median. Based on the distribution chart, Franklin Street Properties ranks #7 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' PB Ratio compare to CMCT and ONL?
According to the REITs industry distribution chart, Franklin Street Properties ranks #7 out of 929 companies for PB Ratio. This places Franklin Street Properties in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. Franklin Street Properties' value of 0.09 is 89.7% below this benchmark. Historically, Franklin Street Properties' own PB Ratio has ranged from 0.09 to 1.46 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.87, Franklin Street Properties 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 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. Franklin Street Properties's current PB Ratio of 0.09 is 89.7% 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 Franklin Street 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. Franklin Street Properties's current PB Ratio is 0.09, which is 87% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.46, compared to a current price of $0.54 — trading 63.3% below its estimated fair value. The current PB Ratio is 0.09, which is 87% below median its 10-year median of 0.70 and 89.7% below the REITs industry median of 0.87. Franklin Street Properties' overall GF Score™ is 44/100 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 Franklin Street Properties (FSP), the current PB Ratio is 0.09 as of Jun. 24, 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 Franklin Street Properties (FSP) Overvalued in 2026?
Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued.
The current stock price of $0.54 is trading 63.3% below its estimated GF Value™ of $1.46.
GuruFocus considers Franklin Street Properties to be Possible Value Trap.
Key valuation signals for FSP:
PB Ratio: 0.09 (87% below median its 10-year median of 0.70)
GF Value™: $1.46 vs. price of $0.54 (63.3% below fair value)
Industry Position: 89.7% below the REITs median (#7 of 929)
No single metric tells the full story. See the FSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score
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