Elite UK REIT (SGX:MXNU) PB Ratio: 0.72 (As of Sep. 07, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SGX:MXNU Elite UK REIT SGX:MXNU
41 GF Score
Price £0.32
GF Value £0.25
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Elite UK REIT PB Ratio?

Elite UK REIT SGX:MXNU 41 PB Ratio is 0.72 as of Sep. 07, 2026, which is 17% below its 10-year median of 0.87. GuruFocus rates SGX:MXNU with a GF Score™ of 41/100 and a GF Value™ of £0.25 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 914 REITs companies, Elite UK REIT ranks better than 64.88% 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 (2026-09-07), Elite UK REIT's share price is £0.315. Elite UK REIT's Book Value per Share for the quarter that ended in Jun. 2026 was £0.44. Hence, Elite UK REIT's PB Ratio of today is 0.72.

The historical rank and industry rank for Elite UK REIT's PB Ratio or its related term are showing as below:

SGX:MXNU' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.87   Max: 2.43
Current: 0.72

During the past 7 years, Elite UK REIT's highest PB Ratio was 2.43. The lowest was 0.44. And the median was 0.87.

SGX:MXNU's PB Ratio is ranked better than
64.88% of 914 companies
in the REITs industry
Industry Median: 0.84 vs SGX:MXNU: 0.72

During the past 12 months, Elite UK REIT's average Book Value Per Share Growth Rate was 14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Elite UK REIT was 19.20% per year. The lowest was -12.50% per year. And the median was -10.10% per year.

Back to Basics: PB Ratio


Elite UK REIT  (SGX:MXNU) 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.


Elite UK REIT PB Ratio Related Terms


Elite UK REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Elite UK 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.

Elite UK REIT PB Ratio Chart

Elite UK REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.09 0.91 0.65 0.73 0.91

Elite UK REIT Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.59 0.73 0.84 0.91 0.72

SGX:MXNU vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, Elite UK 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.


Elite UK REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Elite UK REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Elite UK REIT's PB Ratio falls into.


SGX:MXNU
41GF Score
Elite UK REIT SGX:MXNU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elite UK REIT 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.

Elite UK REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.315/0.439
=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?
Elite UK REIT (SGX:MXNU) has a PB Ratio of 0.72 as of Sep. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Elite UK REIT and its competitors. This is 17% below median its historical median of 0.87. Over the past decade, Elite UK REIT's PB Ratio has ranged from 0.44 to 2.43. According to the industry distribution chart, Elite UK REIT ranks #321 out of 914 companies in the REITs industry, placing it in the top 35.1%.
Is Elite UK REIT's PB Ratio too high?
Elite UK REIT's current PB Ratio of 0.72 is 17% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.43. The REITs industry median PB Ratio is 0.84. Elite UK REIT's value of 0.72 is 14.3% below this industry median. Based on the distribution chart, Elite UK REIT ranks #321 out of 914 companies in the REITs industry, which is above the industry midpoint. Overall, Elite UK REIT has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite UK REIT's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Elite UK REIT ranks #321 out of 914 companies for PB Ratio. This puts Elite UK REIT in the upper half of its industry. The industry median PB Ratio is 0.84. Elite UK REIT's value of 0.72 is 14.3% below this benchmark. Historically, Elite UK REIT's own PB Ratio has ranged from 0.44 to 2.43 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.84, Elite UK REIT 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 0.84, based on 914 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. Elite UK REIT's current PB Ratio of 0.72 is 14.3% 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 Elite UK REIT and its competitors. For the REITs industry, the median PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite UK REIT's current PB Ratio is 0.72, which is 17% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite UK REIT stock overvalued right now?
Based on GuruFocus' analysis, Elite UK REIT (SGX:MXNU) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.25, compared to a current price of £0.32 — trading 26% above its estimated fair value. The current PB Ratio is 0.72, which is 17% below median its 10-year median of 0.87 and 14.3% below the REITs industry median of 0.84. Elite UK REIT's overall GF Score™ is 41/100 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 Elite UK REIT (SGX:MXNU), the current PB Ratio is 0.72 as of Sep. 07, 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 Elite UK REIT (SGX:MXNU) Overvalued in 2026?

Based on GuruFocus' analysis, Elite UK REIT stock appears to be overvalued. The current stock price of £0.32 is trading 26% above its estimated GF Value™ of £0.25. GuruFocus considers Elite UK REIT to be Modestly Overvalued.

Key valuation signals for SGX:MXNU:

  • PB Ratio: 0.72 (17% below median its 10-year median of 0.87)
  • GF Value™: £0.25 vs. price of £0.32 (26% above fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 14.3% below the REITs median (#321 of 914)

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


Elite UK REIT Business Description

Industry Real EstateREITs
Address 3 Church Street, No. 09-03 Samsung Hub, Singapore, SGP, 049483
Elite UK REIT is a Singapore real estate investment trust (REIT) established with the investment techniques of principally investing, directly or indirectly, in real estate and real estate-related assets in the UK. Geographically, operates in Singapore, Europe, the UK, Hong Kong, Malaysia, the rest of Asia Pacific, and other Countries.
41GF Score

Get the complete analysis for SGX:MXNU

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

£0.32
Price
£0.25
GF Value