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LDR Capital Property FundASX:LED -1.01%31 Price-to-Tangible-Book is 0.78 as of Jul. 19, 2026, which is 13% below its 10-year median of 0.90. GuruFocus rates ASX:LED with a GF Score™ of 31/100 and a GF Value™ of A$0.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,683 Real Estate companies, LDR Capital Property Fund ranks better than 53.12% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
LDR Capital Property Fund Price-to-Tangible-Book Related Terms
LDR Capital Property Fund Price-to-Tangible-Book 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.
LDR Capital Property Fund Price-to-Tangible-Book Chart
ASX:LED vs CBRE, BEKE, JLL: Price-to-Tangible-Book Comparison
For the Real Estate Services subindustry, LDR Capital Property Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
LDR Capital Property Fund Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, LDR Capital Property Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LDR Capital Property Fund's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
LDR Capital Property Fund (ASX:LED) has a Price-to-Tangible-Book of 0.78 as of Jul. 19, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on LDR Capital Property Fund and its competitors. This is 13% below median its historical median of 0.90. Over the past decade, LDR Capital Property Fund's Price-to-Tangible-Book has ranged from 0.78 to 1.04. According to the industry distribution chart, LDR Capital Property Fund ranks #789 out of 1683 companies in the Real Estate industry, placing it in the top 46.9%.
Is LDR Capital Property Fund's Price-to-Tangible-Book too high?
LDR Capital Property Fund's current Price-to-Tangible-Book of 0.78 is 13% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.04. The Real Estate industry median Price-to-Tangible-Book is 0.83. LDR Capital Property Fund's value of 0.78 is 6% below this industry median. Based on the distribution chart, LDR Capital Property Fund ranks #789 out of 1683 companies in the Real Estate industry, which is above the industry midpoint. Overall, LDR Capital Property Fund has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LDR Capital Property Fund's Price-to-Tangible-Book compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LDR Capital Property Fund ranks #789 out of 1683 companies for Price-to-Tangible-Book. This puts LDR Capital Property Fund in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.83. LDR Capital Property Fund's value of 0.78 is 6% below this benchmark. Historically, LDR Capital Property Fund's own Price-to-Tangible-Book has ranged from 0.78 to 1.04 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.83, LDR Capital Property Fund 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 Price-to-Tangible-Book for a Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.83, based on 1,683 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LDR Capital Property Fund's current Price-to-Tangible-Book of 0.78 is 6% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on LDR Capital Property Fund and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LDR Capital Property Fund's current Price-to-Tangible-Book is 0.78, which is 13% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LDR Capital Property Fund stock overvalued right now?
Based on GuruFocus' analysis, LDR Capital Property Fund (ASX:LED) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.49 — trading 22.5% above its estimated fair value. The current Price-to-Tangible-Book is 0.78, which is 13% below median its 10-year median of 0.90 and 6% below the Real Estate industry median of 0.83. LDR Capital Property Fund's overall GF Score™ is 31/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For LDR Capital Property Fund (ASX:LED), the current Price-to-Tangible-Book is 0.78 as of Jul. 19, 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 LDR Capital Property Fund (ASX:LED) Overvalued in 2026?
Based on GuruFocus' analysis, LDR Capital Property Fund stock appears to be overvalued.
The current stock price of A$0.49 is trading 22.5% above its estimated GF Value™ of A$0.40.
GuruFocus considers LDR Capital Property Fund to be Modestly Overvalued.
Key valuation signals for ASX:LED:
Price-to-Tangible-Book: 0.78 (13% below median its 10-year median of 0.90)
GF Value™: A$0.40 vs. price of A$0.49 (22.5% above fair value)
Industry Position: 6% below the Real Estate median (#789 of 1683)
No single metric tells the full story. See the ASX:LED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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