Hospitality Property Fund (JSE:TSP) PB Ratio: 0.00 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hospitality Property Fund PB Ratio?

Hospitality Property Fund JSE:TSP 11 PB Ratio is 0.00 as of Jul. 14, 2026. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 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 (2026-07-14), Hospitality Property Fund's share price is R0.00. Hospitality Property Fund's Book Value per Share for the quarter that ended in Sep. 2020 was R13.00. Hence, Hospitality Property Fund's PB Ratio of today is 0.00.

Good Sign:

Hospitality Property Fund Ltd stock PB Ratio (=0.5) is close to 10-year low of 0.5

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

JSE:TSP' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 5.33   Max: 12.72
Current: 0.5

During the past 11 years, Hospitality Property Fund's highest PB Ratio was 12.72. The lowest was 0.89. And the median was 5.33.

JSE:TSP's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.86 vs JSE:TSP: 0.50

During the past 12 months, Hospitality Property Fund's average Book Value Per Share Growth Rate was -25.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 73.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 24.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Hospitality Property Fund was 136.70% per year. The lowest was -51.20% per year. And the median was 29.40% per year.

Back to Basics: PB Ratio


Hospitality Property Fund  (JSE:TSP) 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.


Hospitality Property Fund PB Ratio Related Terms


Hospitality Property Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Hospitality 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.

Hospitality Property Fund PB Ratio Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 0.00 0.00 0.00 0.00 0.00

JSE:TSP vs HST, PK, APLE: PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, Hospitality 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.


Hospitality Property Fund PB Ratio vs REITs Industry

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

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



Hospitality 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2020)
=0.00/12.999
=0.00

* 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 0.00 mean?
Hospitality Property Fund (JSE:TSP) has a PB Ratio of 0.00 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hospitality Property Fund and its competitors. Over the past decade, Hospitality Property Fund's PB Ratio has ranged from 0.89 to 12.72.
Is Hospitality Property Fund's PB Ratio too high?
Hospitality Property Fund's current PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 12.72. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Hospitality Property Fund's PB Ratio compare to HST and PK?
Hospitality Property Fund's PB Ratio of 0.00 can be compared against companies in the REITs industry. The industry median PB Ratio is 0.86. Historically, Hospitality Property Fund's own PB Ratio has ranged from 0.89 to 12.72 over the past decade. 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. 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 Hospitality Property Fund 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. Hospitality Property Fund's current PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hospitality Property Fund stock overvalued right now?
Hospitality Property Fund (JSE:TSP) has a current PB Ratio of 0.00. The current PB Ratio is 0.00. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 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 Hospitality Property Fund (JSE:TSP), the current PB Ratio is 0.00 as of Jul. 14, 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.

Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.