Minto Apartment REITMIAPF -0.32%48 PB Ratio is 0.89 as of Jun. 27, 2026, which is 13% above its 10-year median of 0.79. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 929 REITs companies, Minto Apartment REIT ranks worse than 53.61% on this metric.
Minto Apartment REIT stock PB Ratio (=0.9) is close to 3-year high of 0.92.
The historical rank and industry rank for Minto Apartment REIT's PB Ratio or its related term are showing as below:
MIAPF'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.79 Max: 17450
Current: 0.9
During the past 11 years, Minto Apartment REIT's highest PB Ratio was 17450.00. The lowest was 0.41. And the median was 0.79.
MIAPF's PB Ratio is ranked worse than 53.61% of 929
companies
in the REITs industry
Industry Median: 0.87
vs MIAPF: 0.90
During the past 12 months, Minto Apartment REIT's average Book Value Per Share Growth Rate was -33.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Minto Apartment REIT was 17.10% per year. The lowest was -11.30% per year. And the median was -2.40% per year.
Back to Basics: PB Ratio
Minto Apartment REIT (OTCPK:MIAPF) 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.
Minto Apartment REIT PB Ratio Related Terms
Minto Apartment REIT PB Ratio Historical Data
* Premium members only.
The historical data trend for Minto Apartment 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.
For the REIT - Residential subindustry, Minto Apartment 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.
Minto Apartment REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Minto Apartment REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Minto Apartment REIT's PB Ratio falls into.
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.
Minto Apartment REIT (MIAPF) has a PB Ratio of 0.89 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Minto Apartment REIT and its competitors. This is 13% above median its historical median of 0.79. Over the past decade, Minto Apartment REIT's PB Ratio has ranged from 0.41 to 17,450.00. According to the industry distribution chart, Minto Apartment REIT ranks #498 out of 929 companies in the REITs industry, placing it in the top 53.6%.
Is Minto Apartment REIT's PB Ratio too high?
Minto Apartment REIT's current PB Ratio of 0.89 is 13% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 17,450.00. The REITs industry median PB Ratio is 0.87. Minto Apartment REIT's value of 0.89 is 2.3% above this industry median. Based on the distribution chart, Minto Apartment REIT ranks #498 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's PB Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #498 out of 929 companies for PB Ratio. This places Minto Apartment REIT in the lower half of its industry. The industry median PB Ratio is 0.87. Minto Apartment REIT's value of 0.89 is 2.3% above this benchmark. Historically, Minto Apartment REIT's own PB Ratio has ranged from 0.41 to 17,450.00 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.87, Minto Apartment REIT 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. Minto Apartment REIT's current PB Ratio of 0.89 is 2.3% 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 Minto Apartment REIT 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. Minto Apartment REIT's current PB Ratio is 0.89, which is 13% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current PB Ratio is 0.89, which is 13% above median its 10-year median of 0.79 and 2.3% above the REITs industry median of 0.87. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 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 Minto Apartment REIT (MIAPF), the current PB Ratio is 0.89 as of Jun. 27, 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued.
The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64.
GuruFocus considers Minto Apartment REIT to be Fairly Valued.
Key valuation signals for MIAPF:
PB Ratio: 0.89 (13% above median its 10-year median of 0.79)
GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
Industry Position: 2.3% above the REITs median (#498 of 929)
No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score
Get the complete analysis for MIAPF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIAPF has been successfully added to your 
