Trident Estates (MAL:TRI) PB Ratio: 0.67 (As of Jul. 14, 2026) — 38% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MAL:TRI Trident Estates PLC MAL:TRI
89 GF Score
Price €1.14
GF Value €1.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Trident Estates PB Ratio?

Trident Estates MAL:TRI 89 PB Ratio is 0.67 as of Jul. 14, 2026, which is 38% below its 10-year median of 1.08. GuruFocus rates MAL:TRI with a GF Score™ of 89/100 and a GF Value™ of €1.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,715 Real Estate companies, Trident Estates ranks better than 59.13% 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 (2026-07-14), Trident Estates's share price is €1.14. Trident Estates's Book Value per Share for the quarter that ended in Jan. 2026 was €1.69. Hence, Trident Estates's PB Ratio of today is 0.67.

The historical rank and industry rank for Trident Estates's PB Ratio or its related term are showing as below:

MAL:TRI' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.08   Max: 1.6
Current: 0.67

During the past 10 years, Trident Estates's highest PB Ratio was 1.60. The lowest was 0.59. And the median was 1.08.

MAL:TRI's PB Ratio is ranked better than
59.13% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs MAL:TRI: 0.67

During the past 12 months, Trident Estates's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Trident Estates was 16.80% per year. The lowest was 0.10% per year. And the median was 4.60% per year.

Back to Basics: PB Ratio


Trident Estates  (MAL:TRI) 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.


Trident Estates PB Ratio Related Terms


Trident Estates PB Ratio Historical Data

* Premium members only.

The historical data trend for Trident Estates'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.

Trident Estates PB Ratio Chart

Trident Estates Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.97 0.84 0.73 0.64

Trident Estates Semi-Annual Data
Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.84 0.82 0.73 0.62 0.64

MAL:TRI vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Trident Estates'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.


Trident Estates PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Trident Estates's PB Ratio distribution charts can be found below:

* The bar in red indicates where Trident Estates's PB Ratio falls into.


MAL:TRI
89GF Score
Trident Estates PLC MAL:TRI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trident Estates 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.

Trident Estates's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=1.14/1.69
=0.67

* 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 0.67 mean?
Trident Estates (MAL:TRI) has a PB Ratio of 0.67 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 Trident Estates and its competitors. This is 38% below median its historical median of 1.08. Over the past decade, Trident Estates' PB Ratio has ranged from 0.59 to 1.60. According to the industry distribution chart, Trident Estates ranks #701 out of 1715 companies in the Real Estate industry, placing it in the top 40.9%.
Is Trident Estates' PB Ratio too high?
Trident Estates' current PB Ratio of 0.67 is 38% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.60. The Real Estate industry median PB Ratio is 0.81. Trident Estates' value of 0.67 is 17.3% below this industry median. Based on the distribution chart, Trident Estates ranks #701 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Trident Estates has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trident Estates' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trident Estates ranks #701 out of 1715 companies for PB Ratio. This puts Trident Estates in the upper half of its industry. The industry median PB Ratio is 0.81. Trident Estates' value of 0.67 is 17.3% below this benchmark. Historically, Trident Estates' own PB Ratio has ranged from 0.59 to 1.60 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.81, Trident Estates 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 0.81, based on 1,715 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. Trident Estates's current PB Ratio of 0.67 is 17.3% 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 Trident Estates and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident Estates's current PB Ratio is 0.67, which is 38% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Estates stock overvalued right now?
Based on GuruFocus' analysis, Trident Estates (MAL:TRI) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.61, compared to a current price of €1.14 — trading 29.2% below its estimated fair value. The current PB Ratio is 0.67, which is 38% below median its 10-year median of 1.08 and 17.3% below the Real Estate industry median of 0.81. Trident Estates' overall GF Score™ is 89/100 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 Trident Estates (MAL:TRI), the current PB Ratio is 0.67 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 Trident Estates (MAL:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Trident Estates stock appears to be undervalued. The current stock price of €1.14 is trading 29.2% below its estimated GF Value™ of €1.61. GuruFocus considers Trident Estates to be Modestly Undervalued.

Key valuation signals for MAL:TRI:

  • PB Ratio: 0.67 (38% below median its 10-year median of 1.08)
  • GF Value™: €1.61 vs. price of €1.14 (29.2% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 17.3% below the Real Estate median (#701 of 1715)

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


Trident Estates Business Description

Address Mdina Road, Zone 2, No.4 - Level 0, Trident Park, Central Business District, Notabile Gardens, Birkirkara, MLT, CBD 2010
Trident Estates PLC is a property investment company that owns and manages properties for rental and investment purposes. Its property portfolio includes Trident House, Paceville Premises (Burger King), South Street, Valletta (Pizza Hut), and other properties. All of the Group's and Company's revenue is generated in Malta and is derived solely from rental income from leased properties.
89GF Score

Get the complete analysis for MAL:TRI

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

€1.14
Price
€1.61
GF Value