Primary Health PropertiesPHPRF 61 PB Ratio is 0.96 as of Jun. 26, 2026, which is 22% below its 10-year median of 1.23. GuruFocus rates PHPRF with a GF Score™ of 61/100 and a GF Value™ of $3.31 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 929 REITs companies, Primary Health Properties ranks worse than 62.97% on this metric.
The historical rank and industry rank for Primary Health Properties's PB Ratio or its related term are showing as below:
PHPRF'
s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.23 Max: 1.62
Current: 0.91
During the past 13 years, Primary Health Properties's highest PB Ratio was 1.62. The lowest was 0.78. And the median was 1.23.
PHPRF's PB Ratio is ranked worse than 62.97% of 929
companies
in the REITs industry
Industry Median: 0.87
vs PHPRF: 0.91
During the past 12 months, Primary Health Properties's average Book Value Per Share Growth Rate was -4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Primary Health Properties was 21.70% per year. The lowest was -10.80% per year. And the median was 6.30% per year.
Back to Basics: PB Ratio
Primary Health Properties (OTCPK:PHPRF) 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.
Primary Health Properties PB Ratio Related Terms
Primary Health Properties PB Ratio Historical Data
* 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 - Healthcare Facilities subindustry, Primary Health 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.
Primary Health Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Primary Health Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Primary Health 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.
Primary Health Properties (PHPRF) has a PB Ratio of 0.96 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Primary Health Properties and its competitors. This is 22% below median its historical median of 1.23. Over the past decade, Primary Health Properties' PB Ratio has ranged from 0.78 to 1.62. According to the industry distribution chart, Primary Health Properties ranks #585 out of 929 companies in the REITs industry, placing it in the top 63%.
Is Primary Health Properties' PB Ratio too high?
Primary Health Properties' current PB Ratio of 0.96 is 22% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.62. The REITs industry median PB Ratio is 0.87. Primary Health Properties' value of 0.96 is 10.3% above this industry median. Based on the distribution chart, Primary Health Properties ranks #585 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Primary Health Properties has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Primary Health Properties' PB Ratio compare to WELL and VTR?
According to the REITs industry distribution chart, Primary Health Properties ranks #585 out of 929 companies for PB Ratio. This places Primary Health Properties in the lower half of its industry. The industry median PB Ratio is 0.87. Primary Health Properties' value of 0.96 is 10.3% above this benchmark. Historically, Primary Health Properties' own PB Ratio has ranged from 0.78 to 1.62 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.87, Primary Health Properties 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. Primary Health Properties's current PB Ratio of 0.96 is 10.3% 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 Primary Health Properties 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. Primary Health Properties's current PB Ratio is 0.96, which is 22% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Health Properties stock overvalued right now?
Based on GuruFocus' analysis, Primary Health Properties (PHPRF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.31, compared to a current price of $1.27 — trading 61.6% below its estimated fair value. The current PB Ratio is 0.96, which is 22% below median its 10-year median of 1.23 and 10.3% above the REITs industry median of 0.87. Primary Health Properties' overall GF Score™ is 61/100 with 5 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 Primary Health Properties (PHPRF), the current PB Ratio is 0.96 as of Jun. 26, 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 Primary Health Properties (PHPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Health Properties stock appears to be undervalued.
The current stock price of $1.27 is trading 61.6% below its estimated GF Value™ of $3.31.
GuruFocus considers Primary Health Properties to be Possible Value Trap.
Key valuation signals for PHPRF:
PB Ratio: 0.96 (22% below median its 10-year median of 1.23)
GF Value™: $3.31 vs. price of $1.27 (61.6% below fair value)
Industry Position: 10.3% above the REITs median (#585 of 929)
No single metric tells the full story. See the PHPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Health Properties PLC is a UK-based real estate investment trust. The company is engaged in making investments in integrated healthcare properties. Its services include Acquisition and development, Property management, Landlord and tenant, Asset management, and Finance. It seeks the generation of rental income and capital growth through investment in primary healthcare property in the United Kingdom and Ireland. It receives rental income on property investments.
61GF Score
Get the complete analysis for PHPRF
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