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.
Bhiraj Office Leasehold REITBKK:BOFFICE 78 PS Ratio is 4.67 as of Aug. 05, 2026, which is 29% below its 10-year median of 6.57. GuruFocus rates BKK:BOFFICE with a GF Score™ of 78/100 and a GF Value™ of ฿4.89 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 901 REITs companies, Bhiraj Office Leasehold REIT ranks better than 69.03% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Bhiraj Office Leasehold REIT's share price is ฿5.55.
Bhiraj Office Leasehold REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1.19. Hence, Bhiraj Office Leasehold REIT's PS Ratio for today is 4.67.
Warning Sign:
Bhiraj Office Leasehold REIT stock PS Ratio (=4.63) is close to 2-year high of 4.79.
The historical rank and industry rank for Bhiraj Office Leasehold REIT's PS Ratio or its related term are showing as below:
BKK:BOFFICE'
s PS Ratio Range Over the Past 10 Years
Min: 3.6 Med: 6.57 Max: 14.54
Current: 4.67
During the past 8 years, Bhiraj Office Leasehold REIT's highest PS Ratio was 14.54. The lowest was 3.60. And the median was 6.57.
BKK:BOFFICE's PS Ratio is ranked better than 69.03% of 901
companies
in the REITs industry
Industry Median: 6.55
vs BKK:BOFFICE: 4.67
During the past 8 years, Bhiraj Office Leasehold REIT's highest 3-Year average Revenue per Share Growth Rate was 7.70% per year. The lowest was -1.20% per year. And the median was 0.40% per year.
Bhiraj Office Leasehold REIT (BKK:BOFFICE) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Bhiraj Office Leasehold REIT PS Ratio Related Terms
Bhiraj Office Leasehold REIT PS Ratio 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.
For the REIT - Office subindustry, Bhiraj Office Leasehold REIT's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Bhiraj Office Leasehold REIT PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Bhiraj Office Leasehold REIT's PS Ratio distribution charts can be found below:
* The bar in red indicates where Bhiraj Office Leasehold REIT's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Bhiraj Office Leasehold REIT's Share Price of today is ฿5.55. Bhiraj Office Leasehold REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1.19.
* 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:
Bhiraj Office Leasehold REIT (BKK:BOFFICE) has a PS Ratio of 4.67 as of Aug. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Bhiraj Office Leasehold REIT and its competitors. This is 29% below median its historical median of 6.57. Over the past decade, Bhiraj Office Leasehold REIT's PS Ratio has ranged from 3.60 to 14.54. According to the industry distribution chart, Bhiraj Office Leasehold REIT ranks #279 out of 901 companies in the REITs industry, placing it in the top 31%.
Is Bhiraj Office Leasehold REIT's PS Ratio too high?
Bhiraj Office Leasehold REIT's current PS Ratio of 4.67 is 29% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 14.54. The REITs industry median PS Ratio is 6.55. Bhiraj Office Leasehold REIT's value of 4.67 is 28.7% below this industry median. Based on the distribution chart, Bhiraj Office Leasehold REIT ranks #279 out of 901 companies in the REITs industry, which is above the industry midpoint. Overall, Bhiraj Office Leasehold REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhiraj Office Leasehold REIT's PS Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Bhiraj Office Leasehold REIT ranks #279 out of 901 companies for PS Ratio. This puts Bhiraj Office Leasehold REIT in the upper half of its industry. The industry median PS Ratio is 6.55. Bhiraj Office Leasehold REIT's value of 4.67 is 28.7% below this benchmark. Historically, Bhiraj Office Leasehold REIT's own PS Ratio has ranged from 3.60 to 14.54 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 6.55, Bhiraj Office Leasehold REIT 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.55, based on 901 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhiraj Office Leasehold REIT's current PS Ratio of 4.67 is 28.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Bhiraj Office Leasehold REIT and its competitors. For the REITs industry, the median PS Ratio is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhiraj Office Leasehold REIT's current PS Ratio is 4.67, which is 29% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhiraj Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT (BKK:BOFFICE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.89, compared to a current price of ฿5.55 — trading 13.5% above its estimated fair value. The current PS Ratio is 4.67, which is 29% below median its 10-year median of 6.57 and 28.7% below the REITs industry median of 6.55. Bhiraj Office Leasehold REIT's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Bhiraj Office Leasehold REIT (BKK:BOFFICE), the current PS Ratio is 4.67 as of Aug. 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 Bhiraj Office Leasehold REIT (BKK:BOFFICE) Overvalued in 2026?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT stock appears to be overvalued.
The current stock price of ฿5.55 is trading 13.5% above its estimated GF Value™ of ฿4.89.
GuruFocus considers Bhiraj Office Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:BOFFICE:
PS Ratio: 4.67 (29% below median its 10-year median of 6.57)
GF Value™: ฿4.89 vs. price of ฿5.55 (13.5% above fair value)
Industry Position: 28.7% below the REITs median (#279 of 901)
No single metric tells the full story. See the BKK:BOFFICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhiraj Office Leasehold REIT is a closed-end real estate investment trust. The company invests in long-term leasehold rights in the office building area. Its objectives are to mobilize funds raised from the selling of trust units and loans from the financial institution to invest in the leasehold right of Bhiraj Tower at the EmQuartier project and BHIRAJ TOWER at the BITEC project, which comprises the majority of the office rental areas and the associated operation areas. It operates in one segment, namely the lease of property investment in Thailand.
78GF Score
Get the complete analysis for BKK:BOFFICE
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BOFFICE has been successfully added to your 
