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During the past 12 months, Bulgarian Real Estate Fund REIT's average Book Value Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% 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 Bulgarian Real Estate Fund REIT was 13.20% per year. The lowest was -6.30% per year. And the median was -1.60% per year.
During the past 13 years, the highest P/B Ratio of Bulgarian Real Estate Fund REIT was 2.37. The lowest was 0.71. And the median was 1.26.
Good Sign:
Bulgarian Real Estate Fund REIT stock PB Ratio (=1.1) is close to 5-year low of 1.02.
Bulgarian Real Estate Fund REIT (XBUL:BREF) 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.
Bulgarian Real Estate Fund REIT Book Value per Share Related Terms
Bulgarian Real Estate Fund REIT Book Value per Share 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.
Bulgarian Real Estate Fund REIT Book Value per Share Chart
XBUL:BREF vs VICI, WPC: Book Value per Share Comparison
For the REIT - Diversified subindustry, Bulgarian Real Estate Fund REIT'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.
Bulgarian Real Estate Fund REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bulgarian Real Estate Fund REIT's PB Ratio falls into.
* 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.
Bulgarian Real Estate Fund REIT (XBUL:BREF) has a Book Value per Share of €2.34 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Bulgarian Real Estate Fund REIT and its competitors.
Is Bulgarian Real Estate Fund REIT's Book Value per Share too high?
Bulgarian Real Estate Fund REIT's current Book Value per Share is €2.34. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Book Value per Share compare to VICI and WPC?
Bulgarian Real Estate Fund REIT's Book Value per Share of €2.34 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 Bulgarian Real Estate Fund REIT and its competitors. Bulgarian Real Estate Fund REIT's current Book Value per Share is €2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT (XBUL:BREF) is currently considered Possible Value Trap. The stock's GF Value™ is €15.85, compared to a current price of €2.55 — trading 83.9% below its estimated fair value. The current Book Value per Share is €2.34. Bulgarian Real Estate Fund REIT's overall GF Score™ is 73/100 with 4 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 Bulgarian Real Estate Fund REIT (XBUL:BREF), the current Book Value per Share is €2.34 as of Mar. 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 Bulgarian Real Estate Fund REIT (XBUL:BREF) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued.
The current stock price of €2.55 is trading 83.9% below its estimated GF Value™ of €15.85.
GuruFocus considers Bulgarian Real Estate Fund REIT to be Possible Value Trap.
Key valuation signals for XBUL:BREF:
Book Value per Share: €2.34
GF Value™: €15.85 vs. price of €2.55 (83.9% below fair value)
No single metric tells the full story. See the XBUL:BREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Real Estate Fund REIT Business Description
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
73GF Score
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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