HEKRF (Hektar Real Estate Investment Trust) PB Ratio: 0.38 (As of Jul. 21, 2026) — 28% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HEKRF Hektar Real Estate Investment Trust HEKRF
37 GF Score
Price $0.10
GF Value $0.10
! 11 Warning Signs
View Full Analysis

What is Hektar Real Estate Investment Trust PB Ratio?

Hektar Real Estate Investment Trust HEKRF -31.46% 37 PB Ratio is 0.38 as of Jul. 21, 2026, which is 28% below its 10-year median of 0.53. GuruFocus rates HEKRF with a GF Score™ of 37/100 and a GF Value™ of $0.10. The stock has 11 warning signs investors should review. Among 928 REITs companies, Hektar Real Estate Investment Trust ranks better than 88.9% 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 (2026-07-21), Hektar Real Estate Investment Trust's share price is $0.10. Hektar Real Estate Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $0.27. Hence, Hektar Real Estate Investment Trust's PB Ratio of today is 0.38.

Good Sign:

Hektar Real Estate Investment Trust stock PB Ratio (=0.43) is close to 3-year low of 0.39.

The historical rank and industry rank for Hektar Real Estate Investment Trust's PB Ratio or its related term are showing as below:

HEKRF' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.53   Max: 1.15
Current: 0.43

During the past 13 years, Hektar Real Estate Investment Trust's highest PB Ratio was 1.15. The lowest was 0.37. And the median was 0.53.

HEKRF's PB Ratio is ranked better than
88.9% of 928 companies
in the REITs industry
Industry Median: 0.86 vs HEKRF: 0.43

During the past 12 months, Hektar Real Estate Investment Trust's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hektar Real Estate Investment Trust was 7.20% per year. The lowest was -6.10% per year. And the median was -1.45% per year.

Back to Basics: PB Ratio


Hektar Real Estate Investment Trust  (OTCPK:HEKRF) 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.


Hektar Real Estate Investment Trust PB Ratio Related Terms


Hektar Real Estate Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Hektar Real Estate Investment Trust'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.

Hektar Real Estate Investment Trust PB Ratio Chart

Hektar Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.70 1.98 2.09 0.57

Hektar Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.09 1.98 1.96 0.57 0.55

HEKRF vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, Hektar 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.


Hektar Real Estate Investment Trust PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hektar Real Estate Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hektar Real Estate Investment Trust's PB Ratio falls into.


HEKRF
37GF Score
Hektar Real Estate Investment Trust HEKRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hektar 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.

Hektar Real Estate Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.10/0.265
=0.38

* 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 0.38 mean?
Hektar Real Estate Investment Trust (HEKRF) has a PB Ratio of 0.38 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hektar Real Estate Investment Trust and its competitors. This is 28% below median its historical median of 0.53. Over the past decade, Hektar Real Estate Investment Trust's PB Ratio has ranged from 0.37 to 1.15. According to the industry distribution chart, Hektar Real Estate Investment Trust ranks #103 out of 928 companies in the REITs industry, placing it in the top 11.1%.
Is Hektar Real Estate Investment Trust's PB Ratio too high?
Hektar Real Estate Investment Trust's current PB Ratio of 0.38 is 28% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.15. The REITs industry median PB Ratio is 0.86. Hektar Real Estate Investment Trust's value of 0.38 is 55.8% below this industry median. Based on the distribution chart, Hektar Real Estate Investment Trust ranks #103 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hektar Real Estate Investment Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Hektar Real Estate Investment Trust's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Hektar Real Estate Investment Trust ranks #103 out of 928 companies for PB Ratio. This places Hektar Real Estate Investment Trust in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Hektar Real Estate Investment Trust's value of 0.38 is 55.8% below this benchmark. Historically, Hektar Real Estate Investment Trust's own PB Ratio has ranged from 0.37 to 1.15 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.86, Hektar 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 928 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. Hektar Real Estate Investment Trust's current PB Ratio of 0.38 is 55.8% 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 Hektar 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. Hektar Real Estate Investment Trust's current PB Ratio is 0.38, which is 28% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hektar Real Estate Investment Trust stock overvalued right now?
Hektar Real Estate Investment Trust (HEKRF) has a current PB Ratio of 0.38. The stock's GF Value™ is $0.10, compared to a current price of $0.10 — trading right at its estimated fair value. The current PB Ratio is 0.38, which is 28% below median its 10-year median of 0.53 and 55.8% below the REITs industry median of 0.86. Hektar Real Estate Investment Trust's overall GF Score™ is 37/100 with 11 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 Hektar Real Estate Investment Trust (HEKRF), the current PB Ratio is 0.38 as of Jul. 21, 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 Hektar Real Estate Investment Trust (HEKRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hektar Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.10 is trading 0% below its estimated GF Value™ of $0.10.

Key valuation signals for HEKRF:

  • PB Ratio: 0.38 (28% below median its 10-year median of 0.53)
  • GF Value™: $0.10 vs. price of $0.10 (0% below fair value)
  • GF Score™: 37/100 with 11 warning signs
  • Industry Position: 55.8% below the REITs median (#103 of 928)

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


Hektar Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 5121:Malaysia
Address No 1, Jalan Dutamas 1, D1-U3-10, Block D1, Solaris Dutamas, Sri Hartamas, Kuala Lumpur, MYS, 50480
Hektar Real Estate Investment Trust is a retail-focused REIT. Hektar REIT's principal objective is to provide its Unitholders with defensible income distribution and to enhance the long-term value of the fund. It invests in income-producing real estate used for retail purposes. Its reportable segments include: Retail and Education, of which Retail segment derives maximum revenue. Hektar REIT's portfolio currently consists of shopping centers situated in Subang Jaya, Melaka, Muar, Sungai Petani, Segamat, and Kulim.
37GF Score

Get the complete analysis for HEKRF

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

$0.10
Price
$0.10
GF Value