MHCUF (Flagship Communities REIT) PB Ratio: 0.58 (As of Jul. 12, 2026) — Near Median


MHCUF Flagship Communities REIT MHCUF
61 GF Score
Price $21.12
GF Value $20.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Flagship Communities REIT PB Ratio?

Flagship Communities REIT MHCUF 61 PB Ratio is 0.58 as of Jul. 12, 2026, which is 2% below its 10-year median of 0.59. GuruFocus rates MHCUF with a GF Score™ of 61/100 and a GF Value™ of $20.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 929 REITs companies, Flagship Communities REIT ranks better than 78.9% 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 (2026-07-12), Flagship Communities REIT's share price is $21.1245. Flagship Communities REIT's Book Value per Share for the quarter that ended in Mar. 2026 was $36.47. Hence, Flagship Communities REIT's PB Ratio of today is 0.58.

The historical rank and industry rank for Flagship Communities REIT's PB Ratio or its related term are showing as below:

MHCUF' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.59   Max: 1.03
Current: 0.58

During the past 8 years, Flagship Communities REIT's highest PB Ratio was 1.03. The lowest was 0.47. And the median was 0.59.

MHCUF's PB Ratio is ranked better than
78.9% of 929 companies
in the REITs industry
Industry Median: 0.86 vs MHCUF: 0.58

During the past 12 months, Flagship Communities REIT's average Book Value Per Share Growth Rate was 19.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Flagship Communities REIT was 15.70% per year. The lowest was 6.30% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


Flagship Communities REIT  (OTCPK:MHCUF) 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.


Flagship Communities REIT PB Ratio Related Terms


Flagship Communities REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Flagship Communities REIT'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.

Flagship Communities REIT PB Ratio Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.85 0.65 0.57 0.50 0.58

Flagship Communities REIT 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 0.56 0.56 0.58 0.58 0.53

MHCUF vs AVB, EQR, ESS: PB Ratio Comparison

For the REIT - Residential subindustry, Flagship Communities REIT'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.


Flagship Communities REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Flagship Communities REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Flagship Communities REIT's PB Ratio falls into.


MHCUF
61GF Score
Flagship Communities REIT MHCUF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flagship Communities REIT 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.

Flagship Communities REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=21.1245/36.474
=0.58

* 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 0.58 mean?
Flagship Communities REIT (MHCUF) has a PB Ratio of 0.58 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flagship Communities REIT and its competitors. This is near median its historical median of 0.59. Over the past decade, Flagship Communities REIT's PB Ratio has ranged from 0.47 to 1.03. According to the industry distribution chart, Flagship Communities REIT ranks #196 out of 929 companies in the REITs industry, placing it in the top 21.1%.
Is Flagship Communities REIT's PB Ratio too high?
Flagship Communities REIT's current PB Ratio of 0.58 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.03. The REITs industry median PB Ratio is 0.86. Flagship Communities REIT's value of 0.58 is 32.6% below this industry median. Based on the distribution chart, Flagship Communities REIT ranks #196 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Flagship Communities REIT has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flagship Communities REIT's PB Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Flagship Communities REIT ranks #196 out of 929 companies for PB Ratio. This places Flagship Communities REIT in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Flagship Communities REIT's value of 0.58 is 32.6% below this benchmark. Historically, Flagship Communities REIT's own PB Ratio has ranged from 0.47 to 1.03 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.86, Flagship Communities REIT 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 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. Flagship Communities REIT's current PB Ratio of 0.58 is 32.6% 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 Flagship Communities REIT 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. Flagship Communities REIT's current PB Ratio is 0.58, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flagship Communities REIT stock overvalued right now?
Based on GuruFocus' analysis, Flagship Communities REIT (MHCUF) is currently considered Fairly Valued. The stock's GF Value™ is $20.94, compared to a current price of $21.12 — trading 0.9% above its estimated fair value. The current PB Ratio is 0.58, which is near median its 10-year median of 0.59 and 32.6% below the REITs industry median of 0.86. Flagship Communities REIT's overall GF Score™ is 61/100 with 7 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 Flagship Communities REIT (MHCUF), the current PB Ratio is 0.58 as of Jul. 12, 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 Flagship Communities REIT (MHCUF) Overvalued in 2026?

Based on GuruFocus' analysis, Flagship Communities REIT stock appears to be overvalued. The current stock price of $21.12 is trading 0.9% above its estimated GF Value™ of $20.94. GuruFocus considers Flagship Communities REIT to be Fairly Valued.

Key valuation signals for MHCUF:

  • PB Ratio: 0.58 (near median its 10-year median of 0.59)
  • GF Value™: $20.94 vs. price of $21.12 (0.9% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 32.6% below the REITs median (#196 of 929)

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


Flagship Communities REIT Business Description

Industry Real EstateREITs
Other Exchanges MHC.UN:CanadaMHC.U:Canada
Address 2220 Grandview Drive, Suite 280, Erlanger, KY, USA, 41017
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.
61GF Score

Get the complete analysis for MHCUF

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

$21.12
Price
$20.94
GF Value