The historical rank and industry rank for London & Associated Properties's PB Ratio or its related term are showing as below:
LSE:LAS'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.41 Max: 0.7
Current: 0.13
During the past 13 years, London & Associated Properties's highest PB Ratio was 0.70. The lowest was 0.11. And the median was 0.41.
LSE:LAS's PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.82
vs LSE:LAS: 0.13
During the past 12 months, London & Associated Properties's average Book Value Per Share Growth Rate was -6.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of London & Associated Properties was 27.40% per year. The lowest was -21.10% per year. And the median was 1.70% per year.
Back to Basics: PB Ratio
London & Associated Properties (LSE:LAS) 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.
London & Associated Properties PB Ratio Related Terms
London & Associated 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 Real Estate Services subindustry, London & Associated 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.
London & Associated Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, London & Associated Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where London & Associated Properties's PB Ratio falls into.
London & Associated Properties 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.
London & Associated Properties (LSE:LAS) has a PB Ratio of 0.13 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on London & Associated Properties and its competitors. This is 68% below median its historical median of 0.41. Over the past decade, London & Associated Properties' PB Ratio has ranged from 0.11 to 0.70.
Is London & Associated Properties' PB Ratio too high?
London & Associated Properties' current PB Ratio of 0.13 is 68% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.70. The Real Estate industry median PB Ratio is 0.82. London & Associated Properties' value of 0.13 is 84.1% below this industry median.
How does London & Associated Properties' PB Ratio compare to CBRE and CSGP?
London & Associated Properties' PB Ratio of 0.13 can be compared against companies in the Real Estate industry. The industry median PB Ratio is 0.82. London & Associated Properties' value of 0.13 is 84.1% below this benchmark. Historically, London & Associated Properties' own PB Ratio has ranged from 0.11 to 0.70 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.82, London & Associated 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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. London & Associated Properties's current PB Ratio of 0.13 is 84.1% 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 London & Associated Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London & Associated Properties's current PB Ratio is 0.13, which is 68% below 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 London & Associated Properties stock overvalued right now?
London & Associated Properties (LSE:LAS) has a current PB Ratio of 0.13. The stock's GF Value™ is £0.10, compared to a current price of £0.04 — trading 60% below its estimated fair value. The current PB Ratio is 0.13, which is 68% below median its 10-year median of 0.41 and 84.1% below the Real Estate industry median of 0.82. 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 London & Associated Properties (LSE:LAS), the current PB Ratio is 0.13 as of Jun. 26, 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.
London & Associated Properties Business Description
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.
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