LXP (LXP Industrial Trust) PB Ratio: 1.67 (As of Jun. 24, 2026) — Near Median


LXP LXP Industrial Trust LXP
75 GF Score
Price $53.80
GF Value $45.75
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is LXP Industrial Trust PB Ratio?

LXP Industrial Trust LXP -0.90% 75 PB Ratio is 1.67 as of Jun. 24, 2026, which is 2% above its 10-year median of 1.63. GuruFocus rates LXP with a GF Score™ of 75/100 and a GF Value™ of $45.75 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 929 REITs companies, LXP Industrial Trust ranks worse than 87.51% 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 (2026-06-24), LXP Industrial Trust's share price is $53.80. LXP Industrial Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $32.12. Hence, LXP Industrial Trust's PB Ratio of today is 1.67.

Warning Sign:

LXP Industrial Trust stock PB Ratio (=1.69) is close to 3-year high of 1.69.

The historical rank and industry rank for LXP Industrial Trust's PB Ratio or its related term are showing as below:

LXP' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.63   Max: 2.21
Current: 1.67

During the past 13 years, LXP Industrial Trust's highest PB Ratio was 2.21. The lowest was 1.06. And the median was 1.63.

LXP's PB Ratio is ranked worse than
87.51% of 929 companies
in the REITs industry
Industry Median: 0.87 vs LXP: 1.67

During the past 12 months, LXP Industrial Trust's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% 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 LXP Industrial Trust was 16.50% per year. The lowest was -21.00% per year. And the median was -2.05% per year.

Back to Basics: PB Ratio


LXP Industrial Trust  (NYSE:LXP) 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.


LXP Industrial Trust PB Ratio Related Terms


LXP Industrial Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for LXP Industrial 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.

LXP Industrial Trust PB Ratio Chart

LXP Industrial 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 2.02 1.29 1.36 1.19 1.51

LXP Industrial 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 1.29 1.24 1.35 1.51 1.44

LXP vs NSA, SMA, IIPR: PB Ratio Comparison

For the REIT - Industrial subindustry, LXP Industrial 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.


LXP Industrial Trust PB Ratio vs REITs Industry

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

* The bar in red indicates where LXP Industrial Trust's PB Ratio falls into.


LXP
75GF Score
LXP Industrial Trust LXP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LXP Industrial 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.

LXP Industrial Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=53.80/32.121
=1.67

* 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 1.67 mean?
LXP Industrial Trust (LXP) has a PB Ratio of 1.67 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 LXP Industrial Trust and its competitors. This is near median its historical median of 1.63. Over the past decade, LXP Industrial Trust's PB Ratio has ranged from 1.06 to 2.21. According to the industry distribution chart, LXP Industrial Trust ranks #813 out of 929 companies in the REITs industry, placing it in the top 87.5%.
Is LXP Industrial Trust's PB Ratio too high?
LXP Industrial Trust's current PB Ratio of 1.67 is near median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.21. The REITs industry median PB Ratio is 0.87. LXP Industrial Trust's value of 1.67 is 92% above this industry median. Based on the distribution chart, LXP Industrial Trust ranks #813 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, LXP Industrial Trust has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LXP Industrial Trust's PB Ratio compare to NSA and SMA?
According to the REITs industry distribution chart, LXP Industrial Trust ranks #813 out of 929 companies for PB Ratio. This places LXP Industrial Trust in the lower half of its industry. The industry median PB Ratio is 0.87. LXP Industrial Trust's value of 1.67 is 92% above this benchmark. Historically, LXP Industrial Trust's own PB Ratio has ranged from 1.06 to 2.21 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 0.87, LXP Industrial Trust 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. LXP Industrial Trust's current PB Ratio of 1.67 is 92% 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 LXP Industrial Trust 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. LXP Industrial Trust's current PB Ratio is 1.67, which is near median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LXP Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, LXP Industrial Trust (LXP) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.75, compared to a current price of $53.80 — trading 17.6% above its estimated fair value. The current PB Ratio is 1.67, which is near median its 10-year median of 1.63 and 92% above the REITs industry median of 0.87. LXP Industrial Trust's overall GF Score™ is 75/100 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 LXP Industrial Trust (LXP), the current PB Ratio is 1.67 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 LXP Industrial Trust (LXP) Overvalued in 2026?

Based on GuruFocus' analysis, LXP Industrial Trust stock appears to be overvalued. The current stock price of $53.80 is trading 17.6% above its estimated GF Value™ of $45.75. GuruFocus considers LXP Industrial Trust to be Modestly Overvalued.

Key valuation signals for LXP:

  • PB Ratio: 1.67 (near median its 10-year median of 1.63)
  • GF Value™: $45.75 vs. price of $53.80 (17.6% above fair value)
  • GF Score™: 75/100 with 11 warning signs
  • Industry Position: 92% above the REITs median (#813 of 929)

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


LXP Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges LXPpC.PFD:USALXN0:Germany
Address 515 North Flagler Drive, Suite 408, West Palm Beach, FL, USA, 33401
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. The majority of the revenue is earned through rental revenue.
75GF Score

Get the complete analysis for LXP

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

$53.80
Price
$45.75
GF Value