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Hyprop InvestmentsJSE:HYP +0.40%62 PB Ratio is 0.94 as of Aug. 06, 2026, which is 45% above its 10-year median of 0.65. GuruFocus rates JSE:HYP with a GF Score™ of 62/100 and a GF Value™ of R25.89 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 915 REITs companies, Hyprop Investments ranks worse than 59.45% on this metric.
The historical rank and industry rank for Hyprop Investments's PB Ratio or its related term are showing as below:
JSE:HYP'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.65 Max: 1.48
Current: 0.94
During the past 13 years, Hyprop Investments's highest PB Ratio was 1.48. The lowest was 0.15. And the median was 0.65.
JSE:HYP's PB Ratio is ranked worse than 59.45% of 915
companies
in the REITs industry
Industry Median: 0.86
vs JSE:HYP: 0.94
During the past 12 months, Hyprop Investments's average Book Value Per Share Growth Rate was 8.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hyprop Investments was 45.20% per year. The lowest was -15.10% per year. And the median was 0.35% per year.
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.
Hyprop Investments PB Ratio Related Terms
Hyprop Investments PB Ratio Historical Data
* Premium members only.
The historical data trend for Hyprop Investments'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.
For the REIT - Retail subindustry, Hyprop Investments'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.
Hyprop Investments PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Hyprop Investments's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hyprop Investments's PB Ratio falls into.
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.
* 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.
Hyprop Investments (JSE:HYP) has a PB Ratio of 0.94 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hyprop Investments and its competitors. This is 45% above median its historical median of 0.65. Over the past decade, Hyprop Investments' PB Ratio has ranged from 0.15 to 1.48. According to the industry distribution chart, Hyprop Investments ranks #544 out of 915 companies in the REITs industry, placing it in the top 59.5%.
Is Hyprop Investments' PB Ratio too high?
Hyprop Investments' current PB Ratio of 0.94 is 45% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.48. The REITs industry median PB Ratio is 0.86. Hyprop Investments' value of 0.94 is 9.3% above this industry median. Based on the distribution chart, Hyprop Investments ranks #544 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, Hyprop Investments has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hyprop Investments' PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Hyprop Investments ranks #544 out of 915 companies for PB Ratio. This places Hyprop Investments in the lower half of its industry. The industry median PB Ratio is 0.86. Hyprop Investments' value of 0.94 is 9.3% above this benchmark. Historically, Hyprop Investments' own PB Ratio has ranged from 0.15 to 1.48 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.86, Hyprop Investments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hyprop Investments's current PB Ratio of 0.94 is 9.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hyprop Investments and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyprop Investments's current PB Ratio is 0.94, which is 45% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyprop Investments stock overvalued right now?
Based on GuruFocus' analysis, Hyprop Investments (JSE:HYP) is currently considered Significantly Overvalued. The stock's GF Value™ is R25.89, compared to a current price of R60.55 — trading 133.9% above its estimated fair value. The current PB Ratio is 0.94, which is 45% above median its 10-year median of 0.65 and 9.3% above the REITs industry median of 0.86. Hyprop Investments' overall GF Score™ is 62/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Hyprop Investments (JSE:HYP), the current PB Ratio is 0.94 as of Aug. 06, 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 Hyprop Investments (JSE:HYP) Overvalued in 2026?
Based on GuruFocus' analysis, Hyprop Investments stock appears to be overvalued.
The current stock price of R60.55 is trading 133.9% above its estimated GF Value™ of R25.89.
GuruFocus considers Hyprop Investments to be Significantly Overvalued.
Key valuation signals for JSE:HYP:
PB Ratio: 0.94 (45% above median its 10-year median of 0.65)
GF Value™: R25.89 vs. price of R60.55 (133.9% above fair value)
Industry Position: 9.3% above the REITs median (#544 of 915)
No single metric tells the full story. See the JSE:HYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hyprop Investments Ltd is a retail-focused real estate investment trust. It owns and manages a portfolio of retail centres in mixed-use precincts, located in prime economic nodes in South Africa and Eastern Europe. It focuses on creating spaces and connecting people. The company's business segments include: South Africa, Eastern Europe, and Sub-Saharan Africa. The company generates the majority of its revenue in the form of lease revenue, prominently from the South Africa segment.
62GF Score
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