Safari Investments RSA (JSE:SAR) PB Ratio: 0.71 (As of Jul. 26, 2026) — 15% Above Median

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JSE:SAR Safari Investments RSA Ltd JSE:SAR
67 GF Score
Price R8.40
GF Value R8.83
! 10 Warning Signs
View Full Analysis

What is Safari Investments RSA PB Ratio?

Safari Investments RSA JSE:SAR 67 PB Ratio is 0.71 as of Jul. 26, 2026, which is 15% above its 10-year median of 0.62. GuruFocus rates JSE:SAR with a GF Score™ of 67/100 and a GF Value™ of R8.83. The stock has 10 warning signs investors should review.

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 (2026-07-26), Safari Investments RSA's share price is R8.40. Safari Investments RSA's Book Value per Share for the quarter that ended in Jun. 2025 was R11.77. Hence, Safari Investments RSA's PB Ratio of today is 0.71.

Warning Sign:

Safari Investments RSA Ltd stock PB Ratio (=0.71) is close to 5-year high of 0.77.

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

JSE:SAR' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.62   Max: 0.94
Current: 0.71

During the past 13 years, Safari Investments RSA's highest PB Ratio was 0.94. The lowest was 0.42. And the median was 0.62.

JSE:SAR's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.86 vs JSE:SAR: 0.71

During the past 12 months, Safari Investments RSA's average Book Value Per Share Growth Rate was 24.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Safari Investments RSA was 181.60% per year. The lowest was -9.80% per year. And the median was 5.05% per year.

Back to Basics: PB Ratio


Safari Investments RSA  (JSE:SAR) 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.


Safari Investments RSA PB Ratio Related Terms


Safari Investments RSA PB Ratio Historical Data

* Premium members only.

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA PB Ratio Chart

Safari Investments RSA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.46 0.62 0.59 0.58

Safari Investments RSA Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Dec24 Jun25
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 0.62 0.59 0.61 0.63 0.58

JSE:SAR vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Safari Investments RSA'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.


Safari Investments RSA PB Ratio vs REITs Industry

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

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


JSE:SAR
67GF Score
Safari Investments RSA Ltd JSE:SAR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Investments RSA 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=8.40/11.773
=0.71

* 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 0.71 mean?
Safari Investments RSA (JSE:SAR) has a PB Ratio of 0.71 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Safari Investments RSA and its competitors. This is 15% above median its historical median of 0.62. Over the past decade, Safari Investments RSA's PB Ratio has ranged from 0.42 to 0.94.
Is Safari Investments RSA's PB Ratio too high?
Safari Investments RSA's current PB Ratio of 0.71 is 15% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.94. The REITs industry median PB Ratio is 0.86. Safari Investments RSA's value of 0.71 is 17.4% below this industry median. Overall, Safari Investments RSA has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Safari Investments RSA's PB Ratio compare to VICI and WPC?
Safari Investments RSA's PB Ratio of 0.71 can be compared against companies in the REITs industry. The industry median PB Ratio is 0.86. Safari Investments RSA's value of 0.71 is 17.4% below this benchmark. Historically, Safari Investments RSA's own PB Ratio has ranged from 0.42 to 0.94 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.86, Safari Investments RSA 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 925 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. Safari Investments RSA's current PB Ratio of 0.71 is 17.4% 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 Safari Investments RSA 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. Safari Investments RSA's current PB Ratio is 0.71, which is 15% 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 Safari Investments RSA stock overvalued right now?
Safari Investments RSA (JSE:SAR) has a current PB Ratio of 0.71. The stock's GF Value™ is R8.83, compared to a current price of R8.40 — trading 4.9% below its estimated fair value. The current PB Ratio is 0.71, which is 15% above median its 10-year median of 0.62 and 17.4% below the REITs industry median of 0.86. Safari Investments RSA's overall GF Score™ is 67/100 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 Safari Investments RSA (JSE:SAR), the current PB Ratio is 0.71 as of Jul. 26, 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 Safari Investments RSA (JSE:SAR) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Investments RSA stock appears to be undervalued. The current stock price of R8.40 is trading 4.9% below its estimated GF Value™ of R8.83.

Key valuation signals for JSE:SAR:

  • PB Ratio: 0.71 (15% above median its 10-year median of 0.62)
  • GF Value™: R8.83 vs. price of R8.40 (4.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 17.4% below the REITs median

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


Safari Investments RSA Business Description

Industry Real EstateREITs
Address 410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segments include Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.
67GF Score

Get the complete analysis for JSE:SAR

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

R8.40
Price
R8.83
GF Value