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Emira Property Fund (JSE:EMI) PB Ratio : 0.57 (As of Dec. 16, 2024)


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What is Emira Property Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-16), Emira Property Fund's share price is R11.00. Emira Property Fund's Book Value per Share for the quarter that ended in Sep. 2024 was R19.46. Hence, Emira Property Fund's PB Ratio of today is 0.57.

The historical rank and industry rank for Emira Property Fund's PB Ratio or its related term are showing as below:

JSE:EMI' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.75   Max: 1.27
Current: 0.57

During the past 13 years, Emira Property Fund's highest PB Ratio was 1.27. The lowest was 0.32. And the median was 0.75.

JSE:EMI's PB Ratio is ranked better than
81.57% of 917 companies
in the REITs industry
Industry Median: 0.8 vs JSE:EMI: 0.57

During the past 12 months, Emira Property Fund's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emira Property Fund was 42.10% per year. The lowest was -8.60% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio


Emira Property Fund PB Ratio Historical Data

The historical data trend for Emira Property Fund's PB Ratio 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.

* Premium members only.

Emira Property Fund PB Ratio Chart

Emira Property Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.45 0.69 0.55 0.50

Emira Property Fund Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23 Mar24 Sep24
PB Ratio 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 0.55 0.61 0.47 0.50 0.56

Competitive Comparison of Emira Property Fund's PB Ratio

For the REIT - Diversified subindustry, Emira Property Fund'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.


Emira Property Fund's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Emira Property Fund's PB Ratio falls into.



Emira Property Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Emira Property Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=11.00/19.455
=0.57

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Emira Property Fund  (JSE:EMI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Emira Property Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Emira Property Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Emira Property Fund Business Description

Traded in Other Exchanges
N/A
Address
33 Sloane Street, 1st Floor, Block A, Knightsbridge Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. Most of the properties are in Gauteng, with the others in Western Cape and KwaZulu-Natal. The company operates through five segments namely: Office; Retail; Industrial; Residential and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property and the corporate segment comprises the South African administration activities of the Group.

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