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The historical rank and industry rank for Link Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:
LKREF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.83 Max: 1.03
Current: 0.66
During the past 13 years, Link Real Estate Investment Trust's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.48. And the median was 0.83.
LKREF's Price-to-Tangible-Book is ranked better than 70.54% of 896
companies
in the REITs industry
Industry Median: 0.84
vs LKREF: 0.66
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.
Link Real Estate Investment Trust Price-to-Tangible-Book Related Terms
Link Real Estate Investment 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.
Link Real Estate Investment Trust Price-to-Tangible-Book Chart
LKREF vs SPG, O, KIM: Price-to-Tangible-Book Comparison
For the REIT - Retail subindustry, Link Real Estate Investment 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.
Link Real Estate Investment Trust Price-to-Tangible-Book vs REITs Industry
For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Link Real Estate Investment 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.
Link Real Estate Investment Trust (LKREF) has a Price-to-Tangible-Book of 0.67 as of Sep. 03, 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 Link Real Estate Investment Trust and its competitors. According to the industry distribution chart, Link Real Estate Investment Trust ranks #264 out of 896 companies in the REITs industry, placing it in the top 29.5%.
Is Link Real Estate Investment Trust's Price-to-Tangible-Book too high?
Link Real Estate Investment Trust's current Price-to-Tangible-Book is 0.67. The REITs industry median Price-to-Tangible-Book is 0.84. Link Real Estate Investment Trust's value of 0.67 is 20.2% below this industry median. Based on the distribution chart, Link Real Estate Investment Trust ranks #264 out of 896 companies in the REITs industry, which is above the industry midpoint. Overall, Link Real Estate Investment Trust has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Price-to-Tangible-Book compare to SPG and O?
According to the REITs industry distribution chart, Link Real Estate Investment Trust ranks #264 out of 896 companies for Price-to-Tangible-Book. This puts Link Real Estate Investment Trust in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.84. Link Real Estate Investment Trust's value of 0.67 is 20.2% below 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. Link Real Estate Investment Trust's current Price-to-Tangible-Book of 0.67 is 20.2% 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 Link Real Estate Investment 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. Link Real Estate Investment Trust's current Price-to-Tangible-Book is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Link Real Estate Investment Trust (LKREF) is currently considered Fairly Valued. The stock's GF Value™ is $4.82, compared to a current price of $4.92 — trading 2% above its estimated fair value. The current Price-to-Tangible-Book is 0.67 and 20.2% below the REITs industry median of 0.84. Link Real Estate Investment Trust's overall GF Score™ is 65/100 with 7 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 Link Real Estate Investment Trust (LKREF), the current Price-to-Tangible-Book is 0.67 as of Sep. 03, 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 Link Real Estate Investment Trust (LKREF) Overvalued in 2026?
Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $4.92 is trading 2% above its estimated GF Value™ of $4.82.
GuruFocus considers Link Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for LKREF:
Price-to-Tangible-Book: 0.67
GF Value™: $4.82 vs. price of $4.92 (2% above fair value)
Industry Position: 20.2% below the REITs median (#264 of 896)
No single metric tells the full story. See the LKREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
65GF Score
Get the complete analysis for LKREF
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