Plaza Centres (MAL:PZC) PB Ratio: 0.78 (As of Jul. 20, 2026) — 11% Below Median

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.

MAL:PZC Plaza Centres PLC MAL:PZC
59 GF Score
Price €0.86
GF Value €0.66
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Plaza Centres PB Ratio?

Plaza Centres MAL:PZC 59 PB Ratio is 0.78 as of Jul. 20, 2026, which is 11% below its 10-year median of 0.88. GuruFocus rates MAL:PZC with a GF Score™ of 59/100 and a GF Value™ of €0.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,716 Real Estate companies, Plaza Centres ranks better than 51.98% 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 (2026-07-20), Plaza Centres's share price is €0.86. Plaza Centres's Book Value per Share for the quarter that ended in Dec. 2025 was €1.11. Hence, Plaza Centres's PB Ratio of today is 0.78.

Warning Sign:

Plaza Centres PLC stock PB Ratio (=0.78) is close to 3-year high of 0.81.

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

MAL:PZC' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.88   Max: 1.32
Current: 0.78

During the past 13 years, Plaza Centres's highest PB Ratio was 1.32. The lowest was 0.49. And the median was 0.88.

MAL:PZC's PB Ratio is ranked better than
51.98% of 1716 companies
in the Real Estate industry
Industry Median: 0.82 vs MAL:PZC: 0.78

During the past 12 months, Plaza Centres's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Plaza Centres was 8.40% per year. The lowest was -30.30% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Plaza Centres  (MAL:PZC) 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.


Plaza Centres PB Ratio Related Terms


Plaza Centres PB Ratio Historical Data

* Premium members only.

The historical data trend for Plaza Centres'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.

Plaza Centres PB Ratio Chart

Plaza Centres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.70 0.64 0.55 0.81

Plaza Centres Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.64 0.58 0.55 0.56 0.81

MAL:PZC vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Plaza Centres'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.


Plaza Centres PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Plaza Centres's PB Ratio distribution charts can be found below:

* The bar in red indicates where Plaza Centres's PB Ratio falls into.


MAL:PZC
59GF Score
Plaza Centres PLC MAL:PZC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plaza Centres 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.

Plaza Centres's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.86/1.107
=0.78

* 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 0.78 mean?
Plaza Centres (MAL:PZC) has a PB Ratio of 0.78 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Plaza Centres and its competitors. This is 11% below median its historical median of 0.88. Over the past decade, Plaza Centres' PB Ratio has ranged from 0.49 to 1.32. According to the industry distribution chart, Plaza Centres ranks #824 out of 1716 companies in the Real Estate industry, placing it in the top 48%.
Is Plaza Centres' PB Ratio too high?
Plaza Centres' current PB Ratio of 0.78 is 11% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.32. The Real Estate industry median PB Ratio is 0.82. Plaza Centres' value of 0.78 is 4.9% below this industry median. Based on the distribution chart, Plaza Centres ranks #824 out of 1716 companies in the Real Estate industry, which is above the industry midpoint. Overall, Plaza Centres has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Centres' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Plaza Centres ranks #824 out of 1716 companies for PB Ratio. This puts Plaza Centres in the upper half of its industry. The industry median PB Ratio is 0.82. Plaza Centres' value of 0.78 is 4.9% below this benchmark. Historically, Plaza Centres' own PB Ratio has ranged from 0.49 to 1.32 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.82, Plaza Centres 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,716 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. Plaza Centres's current PB Ratio of 0.78 is 4.9% 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 Plaza Centres and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Centres's current PB Ratio is 0.78, which is 11% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Centres stock overvalued right now?
Based on GuruFocus' analysis, Plaza Centres (MAL:PZC) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.66, compared to a current price of €0.86 — trading 30.3% above its estimated fair value. The current PB Ratio is 0.78, which is 11% below median its 10-year median of 0.88 and 4.9% below the Real Estate industry median of 0.82. Plaza Centres' overall GF Score™ is 59/100 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 Plaza Centres (MAL:PZC), the current PB Ratio is 0.78 as of Jul. 20, 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 Plaza Centres (MAL:PZC) Overvalued in 2026?

Based on GuruFocus' analysis, Plaza Centres stock appears to be overvalued. The current stock price of €0.86 is trading 30.3% above its estimated GF Value™ of €0.66. GuruFocus considers Plaza Centres to be Modestly Overvalued.

Key valuation signals for MAL:PZC:

  • PB Ratio: 0.78 (11% below median its 10-year median of 0.88)
  • GF Value™: €0.66 vs. price of €0.86 (30.3% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 4.9% below the Real Estate median (#824 of 1716)

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


Plaza Centres Business Description

Address Bisazza Street, The Plaza Commercial Centre, Level 3, Sliema, MLT, SLM 1640
Plaza Centres PLC is engaged in the business of leasing and managing the plaza shopping and commercial centers. The company is carrying on the business activities of establishing, operating, and selling shopping and entertainment centers. The firm generates its revenue from the rental income that comes from retail outlets and office space on its commercial property.
59GF Score

Get the complete analysis for MAL:PZC

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

€0.86
Price
€0.66
GF Value