Granite Real Estate Investment Trust (GRTUF) Price to Book (2013 - 2025)
Granite Real Estate Investment Trust's (GRTUF) Price to Book came in at 0.88 for Q3 2025, down 8.0% from 0.96 a year earlier but up 9.5% from the prior quarter.
Granite Real Estate Investment Trust (GRTUF) Price to Book (2013 - 2025) Analysis & Trends
For FY2024, Granite Real Estate Investment Trust's Price to Book stood at 0.76, down 16.8% from FY2023.
- In prior years, Granite Real Estate Investment Trust's Price to Book was 0.92 in FY2023 (+14.0%), 0.80 in FY2022 (-38.7%), 1.31 in FY2021 (+6.9%) and 1.23 in FY2020 (+7.9%).
- Quarterly Price to Book has run from a low of 0.74 in Q1 2025 to a high of 1.31 in Q4 2021 over five years.
- On a year-over-year basis, Price to Book increased in three of the last eight quarters, with an average decline of 4.5%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q1 2021, with growth of 24.8%; the weakest was Q4 2022, with a decline of 38.7%.
- According to Business Quant data, Price to Book for the three prior quarters was 0.81 (Q2 2025), 0.74 (Q1 2025) and 0.76 (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.88 |
| Jun 30, 2025 | 0.81 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.76 |
| Sep 30, 2024 | 0.96 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.91 |
| Dec 31, 2023 | 0.92 |
| Sep 30, 2023 | 0.84 |
| Jun 30, 2023 | 0.93 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.92 |
| Mar 31, 2022 | 1.11 |
| Dec 31, 2021 | 1.31 |
| Sep 30, 2021 | 1.11 |
| Jun 30, 2021 | 1.10 |
| Mar 31, 2021 | 1.17 |
| Dec 31, 2020 | 1.23 |
Granite Real Estate Investment Trust Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=GRTUF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "GRTUF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();