Plymouth Industrial REIT Inc stock PB Ratio (=2.08) is close to 1-year high of 2.11.
The historical rank and industry rank for Plymouth Industrial REIT's PB Ratio or its related term are showing as below:
PLYM'
s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 2.09 Max: 17.24
Current: 2.08
During the past 13 years, Plymouth Industrial REIT's highest PB Ratio was 17.24. The lowest was 1.12. And the median was 2.09.
PLYM's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.86
vs PLYM: 2.08
During the past 12 months, Plymouth Industrial REIT's average Book Value Per Share Growth Rate was 9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Plymouth Industrial REIT was 94.10% per year. The lowest was 9.00% per year. And the median was 12.90% per year.
Back to Basics: PB Ratio
Plymouth Industrial REIT (NYSE:PLYM) 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.
* 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 - Industrial subindustry, Plymouth Industrial 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.
Plymouth Industrial REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Plymouth Industrial REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Plymouth Industrial 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.
Plymouth Industrial REIT (PLYM) has a PB Ratio of 2.08 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Plymouth Industrial REIT and its competitors. This is near median its historical median of 2.09. Over the past decade, Plymouth Industrial REIT's PB Ratio has ranged from 1.12 to 17.24.
Is Plymouth Industrial REIT's PB Ratio too high?
Plymouth Industrial REIT's current PB Ratio of 2.08 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 17.24. The REITs industry median PB Ratio is 0.86. Plymouth Industrial REIT's value of 2.08 is 141.9% above this industry median. Overall, Plymouth Industrial REIT has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Plymouth Industrial REIT's PB Ratio compare to IIPR and ILPT?
Plymouth Industrial REIT's PB Ratio of 2.08 can be compared against companies in the REITs industry. The industry median PB Ratio is 0.86. Plymouth Industrial REIT's value of 2.08 is 141.9% above this benchmark. Historically, Plymouth Industrial REIT's own PB Ratio has ranged from 1.12 to 17.24 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 0.86, Plymouth Industrial 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 0.86, 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. Plymouth Industrial REIT's current PB Ratio of 2.08 is 141.9% 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 Plymouth Industrial 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. Plymouth Industrial REIT's current PB Ratio is 2.08, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plymouth Industrial REIT stock overvalued right now?
Plymouth Industrial REIT (PLYM) has a current PB Ratio of 2.08. The stock's GF Value™ is $20.52, compared to a current price of $21.98 — trading 7.1% above its estimated fair value. The current PB Ratio is 2.08, which is near median its 10-year median of 2.09 and 141.9% above the REITs industry median of 0.86. Plymouth Industrial REIT's overall GF Score™ is 54/100 with 11 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 Plymouth Industrial REIT (PLYM), the current PB Ratio is 2.08 as of Jul. 02, 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 Plymouth Industrial REIT (PLYM) Overvalued in 2026?
Based on GuruFocus' analysis, Plymouth Industrial REIT stock appears to be overvalued.
The current stock price of $21.98 is trading 7.1% above its estimated GF Value™ of $20.52.
Key valuation signals for PLYM:
PB Ratio: 2.08 (near median its 10-year median of 2.09)
GF Value™: $20.52 vs. price of $21.98 (7.1% above fair value)
No single metric tells the full story. See the PLYM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income from the rental revenue through its properties.
54GF Score
Get the complete analysis for PLYM
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