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Bulgarian Real Estate Fund REIT stock PB Ratio (=1.11) is close to 5-year low of 1.02.
The historical rank and industry rank for Bulgarian Real Estate Fund REIT's PB Ratio or its related term are showing as below:
LTS:0I43'
s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.26 Max: 2.37
Current: 1.11
During the past 13 years, Bulgarian Real Estate Fund REIT's highest PB Ratio was 2.37. The lowest was 0.71. And the median was 1.26.
LTS:0I43's PB Ratio is ranked worse than 73.7% of 920
companies
in the REITs industry
Industry Median: 0.86
vs LTS:0I43: 1.11
During the past 12 months, Bulgarian Real Estate Fund REIT's average Book Value Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bulgarian Real Estate Fund REIT was 13.20% per year. The lowest was -6.30% per year. And the median was -1.60% per year.
Back to Basics: PB Ratio
Bulgarian Real Estate Fund REIT (LTS:0I43) 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.
Bulgarian Real Estate Fund REIT PB Ratio Related Terms
Bulgarian Real Estate Fund REIT PB Ratio Historical Data
* 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, Bulgarian Real Estate Fund REIT'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.
Bulgarian Real Estate Fund REIT PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bulgarian Real Estate Fund REIT's PB Ratio falls into.
Bulgarian Real Estate Fund REIT 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.
* 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.
Bulgarian Real Estate Fund REIT (LTS:0I43) has a PB Ratio of 0.41 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bulgarian Real Estate Fund REIT and its competitors. This is 67% below median its historical median of 1.26. Over the past decade, Bulgarian Real Estate Fund REIT's PB Ratio has ranged from 0.71 to 2.37. According to the industry distribution chart, Bulgarian Real Estate Fund REIT ranks #678 out of 920 companies in the REITs industry, placing it in the top 73.7%.
Is Bulgarian Real Estate Fund REIT's PB Ratio too high?
Bulgarian Real Estate Fund REIT's current PB Ratio of 0.41 is 67% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.37. The REITs industry median PB Ratio is 0.86. Bulgarian Real Estate Fund REIT's value of 0.41 is 52.3% below this industry median. Based on the distribution chart, Bulgarian Real Estate Fund REIT ranks #678 out of 920 companies in the REITs industry, which is below the industry midpoint. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Bulgarian Real Estate Fund REIT ranks #678 out of 920 companies for PB Ratio. This places Bulgarian Real Estate Fund REIT in the lower half of its industry. The industry median PB Ratio is 0.86. Bulgarian Real Estate Fund REIT's value of 0.41 is 52.3% below this benchmark. Historically, Bulgarian Real Estate Fund REIT's own PB Ratio has ranged from 0.71 to 2.37 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.86, Bulgarian Real Estate Fund REIT 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 920 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. Bulgarian Real Estate Fund REIT's current PB Ratio of 0.41 is 52.3% 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 Bulgarian Real Estate Fund REIT 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. Bulgarian Real Estate Fund REIT's current PB Ratio is 0.41, which is 67% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a current PB Ratio of 0.41. The stock's GF Value™ is лв11.81, compared to a current price of лв1.92 — trading 83.7% below its estimated fair value. The current PB Ratio is 0.41, which is 67% below median its 10-year median of 1.26 and 52.3% below the REITs industry median of 0.86. Bulgarian Real Estate Fund REIT's overall GF Score™ is 74/100 with 4 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 Bulgarian Real Estate Fund REIT (LTS:0I43), the current PB Ratio is 0.41 as of Jul. 27, 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 Bulgarian Real Estate Fund REIT (LTS:0I43) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued.
The current stock price of лв1.92 is trading 83.7% below its estimated GF Value™ of лв11.81.
Key valuation signals for LTS:0I43:
PB Ratio: 0.41 (67% below median its 10-year median of 1.26)
GF Value™: лв11.81 vs. price of лв1.92 (83.7% below fair value)
Industry Position: 52.3% below the REITs median (#678 of 920)
No single metric tells the full story. See the LTS:0I43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Real Estate Fund REIT Business Description
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
74GF Score
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