RANKINGS
Lowest P/B — Real Estate
Price-to-Book ratio compares market value to book value. Lower may signal value.
161 companies with P/B Ratio data.
Ranked by P/B Ratio(161)
| # | Ticker | Name | Market Cap | P/B Ratio |
|---|---|---|---|---|
| 1 | CRESY | $845M | 0.0 | |
| 2 | IRS | $1.3B | 0.0 | |
| 3 | CMCT | $12M | 0.0 | |
| 4 | FSP | $55M | 0.1 | |
| 5 | FPH | $364M | 0.2 | |
| 6 | ELME | $182M | 0.2 | |
| 7 | HPP | $650M | 0.2 | |
| 8 | CMTG | $341M | 0.2 | |
| 9 | CWD | $9M | 0.2 | |
| 10 | SDHC | $100M | 0.2 | |
| 11 | LRHC | $1M | 0.2 | |
| 12 | ACR | $145M | 0.3 | |
| 13 | LPA | $94M | 0.3 | |
| 14 | ARL | $242M | 0.3 | |
| 15 | ABR | $1.1B | 0.4 | |
| 16 | TCI | $335M | 0.4 | |
| 17 | PETZ | $12M | 0.4 | |
| 18 | SAFE | $1.1B | 0.4 | |
| 19 | STHO | $107M | 0.4 | |
| 20 | ARE | $8.7B | 0.4 | |
| 21 | AEI | $61M | 0.5 | |
| 22 | SRG | $145M | 0.5 | |
| 23 | FTHM | $19M | 0.5 | |
| 24 | DUO | $43M | 0.5 | |
| 25 | LRE | $18M | 0.5 | |
| 26 | LGIH | $1.1B | 0.5 | |
| 27 | MFA | $975M | 0.5 | |
| 28 | ADAM | $827M | 0.6 | |
| 29 | IOR | $73M | 0.6 | |
| 30 | BZH | $694M | 0.6 | |
| 31 | CCS | $1.5B | 0.6 | |
| 32 | BEEP | $91M | 0.6 | |
| 33 | BN | $101.8B | 0.6 | |
| 34 | LGPS | $15M | 0.6 | |
| 35 | MPT | $3.1B | 0.7 | |
| 36 | AHRT | $517M | 0.7 | |
| 37 | PDM | $1.0B | 0.7 | |
| 38 | OZ | $187M | 0.7 | |
| 39 | RWT | $679M | 0.7 | |
| 40 | KRC | $4.0B | 0.7 | |
| 41 | BDN | $539M | 0.7 | |
| 42 | BOC | $392M | 0.7 | |
| 43 | FOR | $1.4B | 0.8 | |
| 44 | HOV | $646M | 0.8 | |
| 45 | SLG | $3.2B | 0.8 | |
| 46 | SITC | $265M | 0.8 | |
| 47 | OPAD | $36M | 0.8 | |
| 48 | KBH | $3.1B | 0.8 | |
| 49 | AOMR | $205M | 0.8 | |
| 50 | MRP | $4.7B | 0.8 | |
| 51 | MTH | $4.4B | 0.9 | |
| 52 | EFC | $1.7B | 0.9 | |
| 53 | TMHC | $5.5B | 0.9 | |
| 54 | IIPR | $1.7B | 0.9 | |
| 55 | BXMT | $3.1B | 0.9 | |
| 56 | VNO | $6.3B | 0.9 | |
| 57 | AXR | $133M | 1.0 | |
| 58 | CUZ | $4.4B | 1.0 | |
| 59 | DOUG | $164M | 1.0 | |
| 60 | DFH | $1.4B | 1.0 | |
| 61 | NLY | $16.0B | 1.0 | |
| 62 | KW | $1.5B | 1.0 | |
| 63 | DX | $2.8B | 1.0 | |
| 64 | MHO | $3.4B | 1.1 | |
| 65 | VICI | $30.4B | 1.1 | |
| 66 | TRC | $522M | 1.1 | |
| 67 | HIW | $2.9B | 1.1 | |
| 68 | AKR | $2.9B | 1.1 | |
| 69 | LOAN | $48M | 1.1 | |
| 70 | RYN | $6.3B | 1.2 | |
| 71 | VTMX | $3.2B | 1.2 | |
| 72 | CTO | $694M | 1.2 | |
| 73 | TPH | $4.0B | 1.2 | |
| 74 | DHC | $2.0B | 1.2 | |
| 75 | BXP | $9.6B | 1.2 | |
| 76 | SELF | $59M | 1.3 | |
| 77 | O | $57.1B | 1.4 | |
| 78 | CSR | $1.1B | 1.4 | |
| 79 | VRE | $1.8B | 1.4 | |
| 80 | ADC | $8.9B | 1.4 | |
| 81 | UMH | $1.3B | 1.4 | |
| 82 | AIRE | $13M | 1.4 | |
| 83 | IVT | $2.6B | 1.5 | |
| 84 | DOC | $13.2B | 1.5 | |
| 85 | GRBK | $2.9B | 1.5 | |
| 86 | VAC | $2.9B | 1.5 | |
| 87 | NMRK | $2.5B | 1.5 | |
| 88 | AIV | $604M | 1.5 | |
| 89 | CWK | $2.9B | 1.5 | |
| 90 | CXW | $2.1B | 1.5 | |
| 91 | RITR | $30M | 1.5 | |
| 92 | LXP | $3.0B | 1.5 | |
| 93 | KIM | $16.2B | 1.5 | |
| 94 | DRH | $2.2B | 1.5 | |
| 95 | BRT | $273M | 1.6 | |
| 96 | TRNO | $6.9B | 1.6 | |
| 97 | LTC | $1.9B | 1.6 | |
| 98 | CURB | $3.1B | 1.6 | |
| 99 | MAYS | $86M | 1.7 | |
| 100 | CIGI | $4.8B | 1.7 |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
P/B Ratio Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io