Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Frasers Logisticsmmercial Trust's Price-to-Tangible-Book or its related term are showing as below:
FRLOF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.06 Max: 1.34
Current: 0.83
During the past 13 years, Frasers Logisticsmmercial Trust's highest Price to Tangible Book Ratio was 1.34. The lowest was 0.80. And the median was 1.06.
FRLOF's Price-to-Tangible-Book is ranked better than 53.24% of 896
companies
in the REITs industry
Industry Median: 0.84
vs FRLOF: 0.83
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.
Frasers Logisticsmmercial Trust Price-to-Tangible-Book Related Terms
Frasers Logisticsmmercial Trust 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.
FRLOF vs PLD, PSA, EXR: Price-to-Tangible-Book Comparison
For the REIT - Industrial subindustry, Frasers Logisticsmmercial Trust'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.
Frasers Logisticsmmercial Trust Price-to-Tangible-Book vs REITs Industry
For the REITs industry and Real Estate sector, Frasers Logisticsmmercial Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Frasers Logisticsmmercial Trust'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.
Frasers Logisticsmmercial Trust (FRLOF) has a Price-to-Tangible-Book of 0.85 as of Sep. 05, 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 Frasers Logisticsmmercial Trust and its competitors. According to the industry distribution chart, Frasers Logisticsmmercial Trust ranks #419 out of 896 companies in the REITs industry, placing it in the top 46.8%.
Is Frasers Logisticsmmercial Trust's Price-to-Tangible-Book too high?
Frasers Logisticsmmercial Trust's current Price-to-Tangible-Book is 0.85. The REITs industry median Price-to-Tangible-Book is 0.84. Frasers Logisticsmmercial Trust's value of 0.85 is 1.2% above this industry median. Based on the distribution chart, Frasers Logisticsmmercial Trust ranks #419 out of 896 companies in the REITs industry, which is above the industry midpoint. Overall, Frasers Logisticsmmercial Trust has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Logisticsmmercial Trust's Price-to-Tangible-Book compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Logisticsmmercial Trust ranks #419 out of 896 companies for Price-to-Tangible-Book. This puts Frasers Logisticsmmercial Trust in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.84. Frasers Logisticsmmercial Trust's value of 0.85 is 1.2% 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. Frasers Logisticsmmercial Trust's current Price-to-Tangible-Book of 0.85 is 1.2% 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 Frasers Logisticsmmercial Trust 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. Frasers Logisticsmmercial Trust's current Price-to-Tangible-Book is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Logisticsmmercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust (FRLOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.81, compared to a current price of $0.75 — trading 7.8% below its estimated fair value. The current Price-to-Tangible-Book is 0.85 and 1.2% above the REITs industry median of 0.84. Frasers Logisticsmmercial Trust's overall GF Score™ is 48/100 with 9 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 Frasers Logisticsmmercial Trust (FRLOF), the current Price-to-Tangible-Book is 0.85 as of Sep. 05, 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 Frasers Logisticsmmercial Trust (FRLOF) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust stock appears to be undervalued.
The current stock price of $0.75 is trading 7.8% below its estimated GF Value™ of $0.81.
GuruFocus considers Frasers Logisticsmmercial Trust to be Fairly Valued.
Key valuation signals for FRLOF:
Price-to-Tangible-Book: 0.85
GF Value™: $0.81 vs. price of $0.75 (7.8% below fair value)
Industry Position: 1.2% above the REITs median (#419 of 896)
No single metric tells the full story. See the FRLOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of Mar. 31, 2026, the trust has a diversified portfolio of 113 logistics, industrial and commercial properties valued at around SGD 7.0 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property, which owns around 23% of the trust.
48GF Score
Get the complete analysis for FRLOF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRLOF has been successfully added to your 
