MPCMF (Mapletree Pan Asia Commercial Trust) PB Ratio: 0.72 (As of Jun. 28, 2026) — 34% Below Median


MPCMF Mapletree Pan Asia Commercial Trust MPCMF
76 GF Score
Price $1.00
GF Value $0.95
! 7 Warning Signs
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What is Mapletree Pan Asia Commercial Trust PB Ratio?

Mapletree Pan Asia Commercial Trust MPCMF 76 PB Ratio is 0.72 as of Jun. 28, 2026, which is 34% below its 10-year median of 1.09. GuruFocus rates MPCMF with a GF Score™ of 76/100 and a GF Value™ of $0.95. The stock has 7 warning signs investors should review. Among 934 REITs companies, Mapletree Pan Asia Commercial Trust ranks better than 66.81% 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 (2026-06-28), Mapletree Pan Asia Commercial Trust's share price is $0.9984. Mapletree Pan Asia Commercial Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $1.39. Hence, Mapletree Pan Asia Commercial Trust's PB Ratio of today is 0.72.

The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's PB Ratio or its related term are showing as below:

MPCMF' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.09   Max: 1.47
Current: 0.73

During the past 13 years, Mapletree Pan Asia Commercial Trust's highest PB Ratio was 1.47. The lowest was 0.62. And the median was 1.09.

MPCMF's PB Ratio is ranked better than
66.81% of 934 companies
in the REITs industry
Industry Median: 0.87 vs MPCMF: 0.73

During the past 12 months, Mapletree Pan Asia Commercial Trust's average Book Value Per Share Growth Rate was -2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mapletree Pan Asia Commercial Trust was 28.40% per year. The lowest was -0.60% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Mapletree Pan Asia Commercial Trust  (OTCPK:MPCMF) 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.


Mapletree Pan Asia Commercial Trust PB Ratio Related Terms


Mapletree Pan Asia Commercial Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust PB Ratio Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.25 0.73 0.66 0.77

Mapletree Pan Asia Commercial Trust Quarterly Data
Mar21 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 0.66 0.61 0.61 0.81 0.77

MPCMF vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's PB Ratio falls into.


MPCMF
76GF Score
Mapletree Pan Asia Commercial Trust MPCMF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.9984/1.388
=0.72

* 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 0.72 mean?
Mapletree Pan Asia Commercial Trust (MPCMF) has a PB Ratio of 0.72 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mapletree Pan Asia Commercial Trust and its competitors. This is 34% below median its historical median of 1.09. Over the past decade, Mapletree Pan Asia Commercial Trust's PB Ratio has ranged from 0.62 to 1.47. According to the industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #310 out of 934 companies in the REITs industry, placing it in the top 33.2%.
Is Mapletree Pan Asia Commercial Trust's PB Ratio too high?
Mapletree Pan Asia Commercial Trust's current PB Ratio of 0.72 is 34% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.47. The REITs industry median PB Ratio is 0.87. Mapletree Pan Asia Commercial Trust's value of 0.72 is 17.2% below this industry median. Based on the distribution chart, Mapletree Pan Asia Commercial Trust ranks #310 out of 934 companies in the REITs industry, which is above the industry midpoint. Overall, Mapletree Pan Asia Commercial Trust has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Mapletree Pan Asia Commercial Trust's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #310 out of 934 companies for PB Ratio. This puts Mapletree Pan Asia Commercial Trust in the upper half of its industry. The industry median PB Ratio is 0.87. Mapletree Pan Asia Commercial Trust's value of 0.72 is 17.2% below this benchmark. Historically, Mapletree Pan Asia Commercial Trust's own PB Ratio has ranged from 0.62 to 1.47 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.87, Mapletree Pan Asia Commercial Trust 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 0.87, based on 934 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. Mapletree Pan Asia Commercial Trust's current PB Ratio of 0.72 is 17.2% 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 Mapletree Pan Asia Commercial 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. Mapletree Pan Asia Commercial Trust's current PB Ratio is 0.72, which is 34% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Pan Asia Commercial Trust stock overvalued right now?
Mapletree Pan Asia Commercial Trust (MPCMF) has a current PB Ratio of 0.72. The stock's GF Value™ is $0.95, compared to a current price of $1.00 — trading 5.1% above its estimated fair value. The current PB Ratio is 0.72, which is 34% below median its 10-year median of 1.09 and 17.2% below the REITs industry median of 0.87. Mapletree Pan Asia Commercial Trust's overall GF Score™ is 76/100 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 Mapletree Pan Asia Commercial Trust (MPCMF), the current PB Ratio is 0.72 as of Jun. 28, 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 Mapletree Pan Asia Commercial Trust (MPCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust stock appears to be overvalued. The current stock price of $1.00 is trading 5.1% above its estimated GF Value™ of $0.95.

Key valuation signals for MPCMF:

  • PB Ratio: 0.72 (34% below median its 10-year median of 1.09)
  • GF Value™: $0.95 vs. price of $1.00 (5.1% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 17.2% below the REITs median (#310 of 934)

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


Mapletree Pan Asia Commercial Trust Business Description

Industry Real EstateREITs
Other Exchanges N2IU:SingaporeBI0:Germany
Address 10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 15 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 57% stake in the trust.
76GF Score

Get the complete analysis for MPCMF

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

$1.00
Price
$0.95
GF Value