Redefine Properties (JSE:RDF) Book Value per Share: R8.06 (As of Feb. 2026)


JSE:RDF Redefine Properties Ltd JSE:RDF
61 GF Score
Price R6.41
GF Value R3.81
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Redefine Properties Book Value per Share?

Redefine Properties JSE:RDF +1.91% 61 Book Value per Share is R8.06 as of Feb. 2026. GuruFocus rates JSE:RDF with a GF Score™ of 61/100 and a GF Value™ of R3.81 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Redefine Properties's book value per share for the quarter that ended in Feb. 2026 was R8.06.

During the past 12 months, Redefine Properties's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Redefine Properties was 26.70% per year. The lowest was -12.20% per year. And the median was 3.50% per year.

Redefine Properties's current price is R6.41. Its book value per share for the quarter that ended in Feb. 2026 was R8.06. Hence, today's PB Ratio of Redefine Properties is 0.79.

During the past 13 years, the highest P/B Ratio of Redefine Properties was 1.19. The lowest was 0.19. And the median was 0.62.

Warning Sign:

Redefine Properties Ltd stock PB Ratio (=0.8) is close to 5-year high of 0.85.


Redefine Properties  (JSE:RDF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Redefine Properties Book Value per Share Related Terms


Redefine Properties Book Value per Share Historical Data

* Premium members only.

The historical data trend for Redefine Properties's Book Value per Share can be seen below:

* 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.

Redefine Properties Book Value per Share Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.22 7.21 7.69 7.84 8.11

Redefine Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.78 7.84 7.75 8.11 8.06

JSE:RDF vs VICI, WPC: Book Value per Share Comparison

For the REIT - Diversified subindustry, Redefine Properties's PB Ratio, along with its competitors' market caps and PB 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.


Redefine Properties PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Redefine Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Redefine Properties's PB Ratio falls into.


JSE:RDF
61GF Score
Redefine Properties Ltd JSE:RDF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redefine Properties Book Value per Share Calculation

Redefine Properties's Book Value Per Share for the fiscal year that ended in Aug. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(56,350-0)/6,948
=8.11

Redefine Properties's Book Value Per Share for the quarter that ended in Feb. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(56,217-0)/6,978
=8.06

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of R8.06 mean?
Redefine Properties (JSE:RDF) has a Book Value per Share of R8.06 as of Feb. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Redefine Properties and its competitors.
Is Redefine Properties' Book Value per Share too high?
Redefine Properties' current Book Value per Share is R8.06. Overall, Redefine Properties has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Book Value per Share compare to VICI and WPC?
Redefine Properties' Book Value per Share of R8.06 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Redefine Properties and its competitors. Redefine Properties's current Book Value per Share is R8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.81, compared to a current price of R6.41 — trading 68.2% above its estimated fair value. The current Book Value per Share is R8.06. Redefine Properties' overall GF Score™ is 61/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Redefine Properties (JSE:RDF), the current Book Value per Share is R8.06 as of Feb. 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.41 is trading 68.2% above its estimated GF Value™ of R3.81. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • Book Value per Share: R8.06
  • GF Value™: R3.81 vs. price of R6.41 (68.2% above fair value)
  • GF Score™: 61/100 with 12 warning signs

No single metric tells the full story. See the JSE:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
61GF Score

Get the complete analysis for JSE:RDF

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R6.41
Price
R3.81
GF Value