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Millrose PropertiesMRP -0.19%13 PB Ratio is 0.81 as of Jul. 29, 2026, which is 5% below its 10-year median of 0.85. GuruFocus rates MRP with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 918 REITs companies, Millrose Properties ranks better than 57.08% on this metric.
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.
Millrose Properties PB Ratio Related Terms
Millrose Properties PB Ratio Historical Data
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The historical data trend for Millrose Properties'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, Millrose Properties'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.
Millrose Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Millrose Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Millrose Properties'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.
Millrose Properties (MRP) has a PB Ratio of 0.81 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Millrose Properties and its competitors. This is near median its historical median of 0.85. Over the past decade, Millrose Properties' PB Ratio has ranged from 0.66 to 1.00. According to the industry distribution chart, Millrose Properties ranks #394 out of 918 companies in the REITs industry, placing it in the top 42.9%.
Is Millrose Properties' PB Ratio too high?
Millrose Properties' current PB Ratio of 0.81 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.00. The REITs industry median PB Ratio is 0.86. Millrose Properties' value of 0.81 is 5.8% below this industry median. Based on the distribution chart, Millrose Properties ranks #394 out of 918 companies in the REITs industry, which is above the industry midpoint. Overall, Millrose Properties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Millrose Properties' PB Ratio compare to IRT and JAN?
According to the REITs industry distribution chart, Millrose Properties ranks #394 out of 918 companies for PB Ratio. This puts Millrose Properties in the upper half of its industry. The industry median PB Ratio is 0.86. Millrose Properties' value of 0.81 is 5.8% below this benchmark. Historically, Millrose Properties' own PB Ratio has ranged from 0.66 to 1.00 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.86, Millrose Properties 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 918 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. Millrose Properties's current PB Ratio of 0.81 is 5.8% 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 Millrose Properties 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. Millrose Properties's current PB Ratio is 0.81, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millrose Properties stock overvalued right now?
Millrose Properties (MRP) has a current PB Ratio of 0.81. The current PB Ratio is 0.81, which is near median its 10-year median of 0.85 and 5.8% below the REITs industry median of 0.86. Millrose Properties' overall GF Score™ is 13/100 with 6 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 Millrose Properties (MRP), the current PB Ratio is 0.81 as of Jul. 29, 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.
Millrose Properties Inc is a Holding Company. The company, along with its subsidiaries, engages in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform. The company generates a key portion of its revenue from Option fee revenues and a smaller portion of revenue from Development loan income.
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