BXP price to book ratio BXP
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 1.9×
- 10-year median
- 2.4×
- Against its 10-year history
- 24th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 1.2× to 4.0×
- Peer median
- 2.8×
BXP's price to book ratio is 1.9× as of Oct 23, 2026.
That is below its ten-year median of 2.4×, lower than on 76% of days in the last ten years.
Over that time it ranged from 1.2× in May 2023 to 4.0× in Feb 2020.
The median for 10 specialty REITs of a similar size is 2.8×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 1.9× | 1.6× | 2.2× |
| 2025 | 2.2× | 1.8× | 2.3× |
| 2024 | 2.0× | 1.6× | 2.4× |
| 2023 | 1.9× | 1.2× | 1.9× |
| 2022 | 1.7× | 1.7× | 3.5× |
| 2021 | 3.1× | 2.3× | 3.3× |
| 2020 | 2.4× | 1.8× | 4.0× |
| 2019 | 3.8× | 2.9× | 3.8× |
| 2018 | 2.9× | 2.9× | 3.5× |
| 2017 | 3.4× | 3.2× | 3.7× |
| 2016 | 3.4× | 2.9× | 3.8× |
| 2015 | 3.3× | 2.9× | 3.9× |
| 2014 | 3.6× | 2.7× | 3.6× |
| 2013 | 2.7× | 2.6× | 3.3× |
| 2012 | 3.1× | 3.0× | 3.4× |
| 2011 | 3.0× | 2.6× | 3.5× |
| 2010 | 2.7× | 2.0× | 2.8× |
| 2009 | 2.1× | 1.8× | 2.2× |
Against its peers
Companies in REIT - Specialty nearest BXP's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| BXPBXP | 1.9× |
| CPTCamden Property Trust | 2.7× |
| FRTFederal Realty Investment Trust | 2.8× |
| AGNCAGNC Investment | 0.8× |
| EGPEastgroup Properties | 3.0× |
| CUBECubeSmart | 3.5× |
| CTRECareTrust REIT | 1.9× |
| BRXBrixmor Property | 2.9× |
| AMHAmerican Homes 4 Rent | 1.7× |
| GLPIGaming & Leisure Properties | 2.3× |
| UDRUDR | 3.9× |
| Peer median | 2.8× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on BXP
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.