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SAorate Real EstateJSE:SAC -0.80%70 PB Ratio is 0.88 as of Jul. 15, 2026, which is 42% above its 10-year median of 0.62. GuruFocus rates JSE:SAC with a GF Score™ of 70/100 and a GF Value™ of R2.31 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 929 REITs companies, SAorate Real Estate ranks worse than 51.56% on this metric.
SA Corporate Real Estate Ltd stock PB Ratio (=0.87) is close to 5-year high of 0.94.
The historical rank and industry rank for SAorate Real Estate's PB Ratio or its related term are showing as below:
JSE:SAC'
s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.62 Max: 1.29
Current: 0.87
During the past 13 years, SAorate Real Estate's highest PB Ratio was 1.29. The lowest was 0.17. And the median was 0.62.
JSE:SAC's PB Ratio is ranked worse than 51.56% of 929
companies
in the REITs industry
Industry Median: 0.86
vs JSE:SAC: 0.87
During the past 12 months, SAorate Real Estate's average Book Value Per Share Growth Rate was -6.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SAorate Real Estate was 12.10% per year. The lowest was -7.70% per year. And the median was 1.85% per year.
Back to Basics: PB Ratio
SAorate Real Estate (JSE:SAC) PB Ratio Explanation
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.
SAorate Real Estate PB Ratio Related Terms
SAorate Real Estate PB Ratio Historical Data
* Premium members only.
The historical data trend for SAorate Real Estate'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 - Diversified subindustry, SAorate Real Estate'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.
SAorate Real Estate PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, SAorate Real Estate's PB Ratio distribution charts can be found below:
* The bar in red indicates where SAorate Real Estate'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.
SAorate Real Estate (JSE:SAC) has a PB Ratio of 0.88 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SAorate Real Estate and its competitors. This is 42% above median its historical median of 0.62. Over the past decade, SAorate Real Estate's PB Ratio has ranged from 0.17 to 1.29. According to the industry distribution chart, SAorate Real Estate ranks #479 out of 929 companies in the REITs industry, placing it in the top 51.6%.
Is SAorate Real Estate's PB Ratio too high?
SAorate Real Estate's current PB Ratio of 0.88 is 42% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.29. The REITs industry median PB Ratio is 0.86. SAorate Real Estate's value of 0.88 is 2.3% above this industry median. Based on the distribution chart, SAorate Real Estate ranks #479 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #479 out of 929 companies for PB Ratio. This places SAorate Real Estate in the lower half of its industry. The industry median PB Ratio is 0.86. SAorate Real Estate's value of 0.88 is 2.3% above this benchmark. Historically, SAorate Real Estate's own PB Ratio has ranged from 0.17 to 1.29 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.86, SAorate Real Estate 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 929 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. SAorate Real Estate's current PB Ratio of 0.88 is 2.3% 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 SAorate Real Estate 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. SAorate Real Estate's current PB Ratio is 0.88, which is 42% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.31, compared to a current price of R3.71 — trading 60.6% above its estimated fair value. The current PB Ratio is 0.88, which is 42% above median its 10-year median of 0.62 and 2.3% above the REITs industry median of 0.86. SAorate Real Estate's overall GF Score™ is 70/100 with 13 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 SAorate Real Estate (JSE:SAC), the current PB Ratio is 0.88 as of Jul. 15, 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?
Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued.
The current stock price of R3.71 is trading 60.6% above its estimated GF Value™ of R2.31.
GuruFocus considers SAorate Real Estate to be Significantly Overvalued.
Key valuation signals for JSE:SAC:
PB Ratio: 0.88 (42% above median its 10-year median of 0.62)
GF Value™: R2.31 vs. price of R3.71 (60.6% above fair value)
Industry Position: 2.3% above the REITs median (#479 of 929)
No single metric tells the full story. See the JSE:SAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
70GF Score
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