The historical rank and industry rank for Star Asia Investment's PB Ratio or its related term are showing as below:
TSE:3468'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.06 Max: 1.28
Current: 1.03
During the past 10 years, Star Asia Investment's highest PB Ratio was 1.28. The lowest was 0.61. And the median was 1.06.
TSE:3468's PB Ratio is ranked worse than 67.53% of 927
companies
in the REITs industry
Industry Median: 0.86
vs TSE:3468: 1.03
During the past 12 months, Star Asia Investment's average Book Value Per Share Growth Rate was 0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Star Asia Investment was 24.50% per year. The lowest was -18.10% per year. And the median was 1.10% per year.
Back to Basics: PB Ratio
Star Asia Investment (TSE:3468) 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.
Star Asia Investment PB Ratio Related Terms
Star Asia Investment PB Ratio Historical Data
* Premium members only.
The historical data trend for Star Asia Investment'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 - Diversified subindustry, Star Asia Investment'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.
Star Asia Investment PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Star Asia Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Star Asia Investment'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.
Star Asia Investment (TSE:3468) has a PB Ratio of 1.03 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Star Asia Investment and its competitors. This is near median its historical median of 1.06. Over the past decade, Star Asia Investment's PB Ratio has ranged from 0.61 to 1.28. According to the industry distribution chart, Star Asia Investment ranks #626 out of 927 companies in the REITs industry, placing it in the top 67.5%.
Is Star Asia Investment's PB Ratio too high?
Star Asia Investment's current PB Ratio of 1.03 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.28. The REITs industry median PB Ratio is 0.86. Star Asia Investment's value of 1.03 is 19.8% above this industry median. Based on the distribution chart, Star Asia Investment ranks #626 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Star Asia Investment has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Asia Investment's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Star Asia Investment ranks #626 out of 927 companies for PB Ratio. This places Star Asia Investment in the lower half of its industry. The industry median PB Ratio is 0.86. Star Asia Investment's value of 1.03 is 19.8% above this benchmark. Historically, Star Asia Investment's own PB Ratio has ranged from 0.61 to 1.28 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.86, Star Asia Investment 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 927 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. Star Asia Investment's current PB Ratio of 1.03 is 19.8% 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 Star Asia Investment 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. Star Asia Investment's current PB Ratio is 1.03, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Asia Investment stock overvalued right now?
Based on GuruFocus' analysis, Star Asia Investment (TSE:3468) is currently considered Modestly Undervalued. The stock's GF Value™ is 円62,727.15, compared to a current price of 円55,600.00 — trading 11.4% below its estimated fair value. The current PB Ratio is 1.03, which is near median its 10-year median of 1.06 and 19.8% above the REITs industry median of 0.86. Star Asia Investment's overall GF Score™ is 50/100 with 4 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 Star Asia Investment (TSE:3468), the current PB Ratio is 1.03 as of Jul. 11, 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 Star Asia Investment (TSE:3468) Overvalued in 2026?
Based on GuruFocus' analysis, Star Asia Investment stock appears to be undervalued.
The current stock price of 円55,600.00 is trading 11.4% below its estimated GF Value™ of 円62,727.15.
GuruFocus considers Star Asia Investment to be Modestly Undervalued.
Key valuation signals for TSE:3468:
PB Ratio: 1.03 (near median its 10-year median of 1.06)
GF Value™: 円62,727.15 vs. price of 円55,600.00 (11.4% below fair value)
Industry Position: 19.8% above the REITs median (#626 of 927)
No single metric tells the full story. See the TSE:3468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.
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