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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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Price-to-Tangible-Book Related Terms
Prospect Logistics and Industrial Freehold and Leasehold REIT 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Price-to-Tangible-Book Chart
Prospect Logistics and Industrial Freehold and Leasehold REIT Annual Data
* 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT Price-to-Tangible-Book vs REITs Industry
* 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.
Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) has a Price-to-Tangible-Book of 1.09 as of Sep. 04, 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 Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. According to the industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #690 out of 896 companies in the REITs industry, placing it in the top 77%.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT's Price-to-Tangible-Book too high?
Prospect Logistics and Industrial Freehold and Leasehold REIT's current Price-to-Tangible-Book is 1.09. The REITs industry median Price-to-Tangible-Book is 0.84. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 1.09 is 29.8% above this industry median. Based on the distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #690 out of 896 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Prospect Logistics and Industrial Freehold and Leasehold REIT has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prospect Logistics and Industrial Freehold and Leasehold REIT's Price-to-Tangible-Book compare to PLD and PSA?
According to the REITs industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #690 out of 896 companies for Price-to-Tangible-Book. This places Prospect Logistics and Industrial Freehold and Leasehold REIT in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 1.09 is 29.8% above this benchmark. 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 REITs company?
The median Price-to-Tangible-Book among REITs companies is 0.84, based on 896 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. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Price-to-Tangible-Book of 1.09 is 29.8% 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 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 Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Price-to-Tangible-Book is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) is currently considered Fairly Valued. The stock's GF Value™ is ฿9.47, compared to a current price of ฿9.35 — trading 1.3% below its estimated fair value. The current Price-to-Tangible-Book is 1.09 and 29.8% above the REITs industry median of 0.84. Prospect Logistics and Industrial Freehold and Leasehold REIT's overall GF Score™ is 52/100 with 8 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT), the current Price-to-Tangible-Book is 1.09 as of Sep. 04, 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Overvalued in 2026?
Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿9.35 is trading 1.3% below its estimated GF Value™ of ฿9.47.
GuruFocus considers Prospect Logistics and Industrial Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:PROSPECT:
Price-to-Tangible-Book: 1.09
GF Value™: ฿9.47 vs. price of ฿9.35 (1.3% below fair value)
Industry Position: 29.8% above the REITs median (#690 of 896)
No single metric tells the full story. See the BKK:PROSPECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prospect Logistics and Industrial Freehold and Leasehold REIT is a real estate investment trust operating as a closed-end trust, and mainly invests in factory and warehouse space for rent. The company's investment portfolio consists of the following projects: Sub-leasehold rights of parts of land and buildings in the Bangkok Free Trade Zone 1 (BFTZ 1); the ownership over the land and built-to-suit factory and office building in the X44 Bangna Km.18; Leasehold right of parts of the land and ownership over parts of the buildings in Bangkok Free Trade Zone 2 (BFTZ 2); and Ownership over parts of the land and buildings in Bangkok Free Trade Zone 3 (BFTZ 3). Prospect generates primary revenue from the leasing of warehouse and factory buildings.
52GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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