Octodec Investments (JSE:OCT) PB Ratio: 0.70 (As of Jul. 22, 2026) — 56% Above Median

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JSE:OCT Octodec Investments Ltd JSE:OCT
64 GF Score
Price R17.41
GF Value R11.14
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Octodec Investments PB Ratio?

Octodec Investments JSE:OCT -0.51% 64 PB Ratio is 0.70 as of Jul. 22, 2026, which is 56% above its 10-year median of 0.45. GuruFocus rates JSE:OCT with a GF Score™ of 64/100 and a GF Value™ of R11.14 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 922 REITs companies, Octodec Investments ranks better than 68.87% on this metric.

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 (2026-07-22), Octodec Investments's share price is R17.41. Octodec Investments's Book Value per Share for the quarter that ended in Feb. 2026 was R24.96. Hence, Octodec Investments's PB Ratio of today is 0.70.

Warning Sign:

Octodec Investments Ltd stock PB Ratio (=0.7) is close to 5-year high of 0.71.

The historical rank and industry rank for Octodec Investments's PB Ratio or its related term are showing as below:

JSE:OCT' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.45   Max: 0.86
Current: 0.7

During the past 13 years, Octodec Investments's highest PB Ratio was 0.86. The lowest was 0.17. And the median was 0.45.

JSE:OCT's PB Ratio is ranked better than
68.87% of 922 companies
in the REITs industry
Industry Median: 0.86 vs JSE:OCT: 0.70

During the past 12 months, Octodec Investments's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Octodec Investments was 29.00% per year. The lowest was -8.60% per year. And the median was 2.40% per year.

Back to Basics: PB Ratio


Octodec Investments  (JSE:OCT) 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.


Octodec Investments PB Ratio Related Terms


Octodec Investments PB Ratio Historical Data

* Premium members only.

The historical data trend for Octodec 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.

Octodec Investments PB Ratio Chart

Octodec Investments Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.39 0.37 0.45 0.45

Octodec Investments Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.41 0.45 0.45 0.45 0.60

JSE:OCT vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Octodec 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.


Octodec Investments PB Ratio vs REITs Industry

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

* The bar in red indicates where Octodec Investments's PB Ratio falls into.


JSE:OCT
64GF Score
Octodec Investments Ltd JSE:OCT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octodec Investments 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.

Octodec Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=17.41/24.959
=0.70

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.70 mean?
Octodec Investments (JSE:OCT) has a PB Ratio of 0.70 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Octodec Investments and its competitors. This is 56% above median its historical median of 0.45. Over the past decade, Octodec Investments' PB Ratio has ranged from 0.17 to 0.86. According to the industry distribution chart, Octodec Investments ranks #287 out of 922 companies in the REITs industry, placing it in the top 31.1%.
Is Octodec Investments' PB Ratio too high?
Octodec Investments' current PB Ratio of 0.70 is 56% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.86. The REITs industry median PB Ratio is 0.86. Octodec Investments' value of 0.70 is 18.6% below this industry median. Based on the distribution chart, Octodec Investments ranks #287 out of 922 companies in the REITs industry, which is above the industry midpoint. Overall, Octodec Investments has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octodec Investments' PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Octodec Investments ranks #287 out of 922 companies for PB Ratio. This puts Octodec Investments in the upper half of its industry. The industry median PB Ratio is 0.86. Octodec Investments' value of 0.70 is 18.6% below this benchmark. Historically, Octodec Investments' own PB Ratio has ranged from 0.17 to 0.86 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.86, Octodec Investments has consistently been below 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 922 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. Octodec Investments's current PB Ratio of 0.70 is 18.6% below 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 Octodec 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. Octodec Investments's current PB Ratio is 0.70, which is 56% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octodec Investments stock overvalued right now?
Based on GuruFocus' analysis, Octodec Investments (JSE:OCT) is currently considered Significantly Overvalued. The stock's GF Value™ is R11.14, compared to a current price of R17.41 — trading 56.3% above its estimated fair value. The current PB Ratio is 0.70, which is 56% above median its 10-year median of 0.45 and 18.6% below the REITs industry median of 0.86. Octodec Investments' overall GF Score™ is 64/100 with 12 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 Octodec Investments (JSE:OCT), the current PB Ratio is 0.70 as of Jul. 22, 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 Octodec Investments (JSE:OCT) Overvalued in 2026?

Based on GuruFocus' analysis, Octodec Investments stock appears to be overvalued. The current stock price of R17.41 is trading 56.3% above its estimated GF Value™ of R11.14. GuruFocus considers Octodec Investments to be Significantly Overvalued.

Key valuation signals for JSE:OCT:

  • PB Ratio: 0.70 (56% above median its 10-year median of 0.45)
  • GF Value™: R11.14 vs. price of R17.41 (56.3% above fair value)
  • GF Score™: 64/100 with 12 warning signs
  • Industry Position: 18.6% below the REITs median (#287 of 922)

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


Octodec Investments Business Description

Industry Real EstateREITs
Address 101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment. The diversified portfolio comprises residential, retail, office, and industrial properties.
64GF Score

Get the complete analysis for JSE:OCT

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

R17.41
Price
R11.14
GF Value