Orix Jreit (FRA:O2F) Price-to-Tangible-Book: 1.48 (As of Jun. 29, 2026) — Near Median


FRA:O2F Orix Jreit Inc FRA:O2F
65 GF Score
Price €510.00
GF Value €527.32
! 8 Warning Signs
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What is Orix Jreit Price-to-Tangible-Book?

Orix Jreit FRA:O2F +2.00% 65 Price-to-Tangible-Book is 1.48 as of Jun. 29, 2026, which is 2% above its 10-year median of 1.45. GuruFocus rates FRA:O2F with a GF Score™ of 65/100 and a GF Value™ of €527.32. The stock has 8 warning signs investors should review. Among 923 REITs companies, Orix Jreit ranks worse than 85.16% on this metric.

As of today (2026-06-29), Orix Jreit's share price is €510.00. Orix Jreit's Tangible Book per Share of Feb. 2026 for the quarter that ended in Feb. 2026 was €344.20. Hence, Orix Jreit's Price to Tangible Book Ratio of today is 1.48.

The historical rank and industry rank for Orix Jreit's Price-to-Tangible-Book or its related term are showing as below:

FRA:O2F' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21   Med: 1.45   Max: 1.8
Current: 1.55

During the past 13 years, Orix Jreit's highest Price to Tangible Book Ratio was 1.80. The lowest was 1.21. And the median was 1.45.

FRA:O2F's Price-to-Tangible-Book is ranked worse than
85.16% of 923 companies
in the REITs industry
Industry Median: 0.88 vs FRA:O2F: 1.55

A closely related ratio is called PB Ratio. As of today, Orix Jreit's share price is €510.00. Orix Jreit's Book Value per Sharefor the quarter that ended in Feb. 2026 was €349.45. Hence, Orix Jreit's P/B Ratio of today is 1.46.


Be Aware

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.


Orix Jreit Price-to-Tangible-Book Related Terms


Orix Jreit Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Orix Jreit's Price-to-Tangible-Book 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.

Orix Jreit Price-to-Tangible-Book Chart

Orix Jreit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.47 1.37 1.18 1.57

Orix Jreit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.18 1.33 1.57 1.57

FRA:O2F vs BXP, ARE, VNO: Price-to-Tangible-Book Comparison

For the REIT - Office subindustry, Orix Jreit'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.


Orix Jreit Price-to-Tangible-Book vs REITs Industry

For the REITs industry and Real Estate sector, Orix Jreit's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Orix Jreit's Price-to-Tangible-Book falls into.


FRA:O2F
65GF Score
Orix Jreit Inc FRA:O2F
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orix Jreit Price-to-Tangible-Book Calculation

Orix Jreit's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2026 )
=510.00/344.203
=1.48

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.48 mean?
Orix Jreit (FRA:O2F) has a Price-to-Tangible-Book of 1.48 as of Jun. 29, 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 Orix Jreit and its competitors. This is near median its historical median of 1.45. Over the past decade, Orix Jreit's Price-to-Tangible-Book has ranged from 1.21 to 1.80. According to the industry distribution chart, Orix Jreit ranks #786 out of 923 companies in the REITs industry, placing it in the top 85.2%.
Is Orix Jreit's Price-to-Tangible-Book too high?
Orix Jreit's current Price-to-Tangible-Book of 1.48 is near median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.80. The REITs industry median Price-to-Tangible-Book is 0.88. Orix Jreit's value of 1.48 is 68.2% above this industry median. Based on the distribution chart, Orix Jreit ranks #786 out of 923 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orix Jreit has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Price-to-Tangible-Book compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #786 out of 923 companies for Price-to-Tangible-Book. This places Orix Jreit in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.88. Orix Jreit's value of 1.48 is 68.2% above this benchmark. Historically, Orix Jreit's own Price-to-Tangible-Book has ranged from 1.21 to 1.80 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 0.88, Orix Jreit 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 Price-to-Tangible-Book for a REITs company?
The median Price-to-Tangible-Book among REITs companies is 0.88, based on 923 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. Orix Jreit's current Price-to-Tangible-Book of 1.48 is 68.2% 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 Orix Jreit and its competitors. For the REITs industry, the median Price-to-Tangible-Book is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Price-to-Tangible-Book is 1.48, which is near median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Orix Jreit (FRA:O2F) has a current Price-to-Tangible-Book of 1.48. The stock's GF Value™ is €527.32, compared to a current price of €510.00 — trading 3.3% below its estimated fair value. The current Price-to-Tangible-Book is 1.48, which is near median its 10-year median of 1.45 and 68.2% above the REITs industry median of 0.88. Orix Jreit's overall GF Score™ is 65/100 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 Orix Jreit (FRA:O2F), the current Price-to-Tangible-Book is 1.48 as of Jun. 29, 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 Orix Jreit (FRA:O2F) Overvalued in 2026?

Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued. The current stock price of €510.00 is trading 3.3% below its estimated GF Value™ of €527.32.

Key valuation signals for FRA:O2F:

  • Price-to-Tangible-Book: 1.48 (near median its 10-year median of 1.45)
  • GF Value™: €527.32 vs. price of €510.00 (3.3% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 68.2% above the REITs median (#786 of 923)

No single metric tells the full story. See the FRA:O2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orix Jreit Business Description

Industry Real EstateREITs
Other Exchanges 8954:Japan
Address 2-3-1 Hamamatsucho, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
65GF Score

Get the complete analysis for FRA:O2F

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€510.00
Price
€527.32
GF Value