OZ (Belpointe PREP LLC) PB Ratio: 0.66 (As of Jul. 13, 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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.

OZ Belpointe PREP LLC OZ
45 GF Score
Price $44.76
GF Value $319.25
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Belpointe PREP LLC PB Ratio?

Belpointe PREP LLC OZ -0.97% 45 PB Ratio is 0.66 as of Jul. 13, 2026, which is 22% below its 10-year median of 0.85. GuruFocus rates OZ with a GF Score™ of 45/100 and a GF Value™ of $319.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,715 Real Estate companies, Belpointe PREP LLC ranks better than 60% 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 (2026-07-13), Belpointe PREP LLC's share price is $44.76. Belpointe PREP LLC's Book Value per Share for the quarter that ended in Mar. 2026 was $68.11. Hence, Belpointe PREP LLC's PB Ratio of today is 0.66.

Good Sign:

Belpointe PREP LLC stock PB Ratio (=0.66) is close to 2-year low of 0.66.

The historical rank and industry rank for Belpointe PREP LLC's PB Ratio or its related term are showing as below:

OZ' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.85   Max: 1.7
Current: 0.66

During the past 6 years, Belpointe PREP LLC's highest PB Ratio was 1.70. The lowest was 0.55. And the median was 0.85.

OZ's PB Ratio is ranked better than
60% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs OZ: 0.66

During the past 12 months, Belpointe PREP LLC's average Book Value Per Share Growth Rate was -14.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Belpointe PREP LLC was -4.90% per year. The lowest was -8.70% per year. And the median was -6.80% per year.

Back to Basics: PB Ratio


Belpointe PREP LLC  (AMEX:OZ) 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.


Belpointe PREP LLC PB Ratio Related Terms


Belpointe PREP LLC PB Ratio Historical Data

* Premium members only.

The historical data trend for Belpointe PREP LLC'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.

Belpointe PREP LLC PB Ratio Chart

Belpointe PREP LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.05 1.07 0.87 0.94 0.91

Belpointe PREP LLC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.81 0.84 0.86 0.91 0.78

OZ vs AXR, SDHC, LPA: PB Ratio Comparison

For the Real Estate - Development subindustry, Belpointe PREP LLC'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.


Belpointe PREP LLC PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Belpointe PREP LLC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Belpointe PREP LLC's PB Ratio falls into.


OZ
45GF Score
Belpointe PREP LLC OZ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belpointe PREP LLC 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.

Belpointe PREP LLC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=44.76/68.108
=0.66

* 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 0.66 mean?
Belpointe PREP LLC (OZ) has a PB Ratio of 0.66 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Belpointe PREP LLC and its competitors. This is 22% below median its historical median of 0.85. Over the past decade, Belpointe PREP LLC's PB Ratio has ranged from 0.55 to 1.70. According to the industry distribution chart, Belpointe PREP LLC ranks #686 out of 1715 companies in the Real Estate industry, placing it in the top 40%.
Is Belpointe PREP LLC's PB Ratio too high?
Belpointe PREP LLC's current PB Ratio of 0.66 is 22% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.70. The Real Estate industry median PB Ratio is 0.81. Belpointe PREP LLC's value of 0.66 is 18.5% below this industry median. Based on the distribution chart, Belpointe PREP LLC ranks #686 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Belpointe PREP LLC has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Belpointe PREP LLC's PB Ratio compare to AXR and SDHC?
According to the Real Estate industry distribution chart, Belpointe PREP LLC ranks #686 out of 1715 companies for PB Ratio. This puts Belpointe PREP LLC in the upper half of its industry. The industry median PB Ratio is 0.81. Belpointe PREP LLC's value of 0.66 is 18.5% below this benchmark. Historically, Belpointe PREP LLC's own PB Ratio has ranged from 0.55 to 1.70 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.81, Belpointe PREP LLC 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 0.81, based on 1,715 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. Belpointe PREP LLC's current PB Ratio of 0.66 is 18.5% 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 Belpointe PREP LLC and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belpointe PREP LLC's current PB Ratio is 0.66, which is 22% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belpointe PREP LLC stock overvalued right now?
Based on GuruFocus' analysis, Belpointe PREP LLC (OZ) is currently considered Possible Value Trap. The stock's GF Value™ is $319.25, compared to a current price of $44.76 — trading 86% below its estimated fair value. The current PB Ratio is 0.66, which is 22% below median its 10-year median of 0.85 and 18.5% below the Real Estate industry median of 0.81. Belpointe PREP LLC's overall GF Score™ is 45/100 with 7 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 Belpointe PREP LLC (OZ), the current PB Ratio is 0.66 as of Jul. 13, 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 Belpointe PREP LLC (OZ) Overvalued in 2026?

Based on GuruFocus' analysis, Belpointe PREP LLC stock appears to be undervalued. The current stock price of $44.76 is trading 86% below its estimated GF Value™ of $319.25. GuruFocus considers Belpointe PREP LLC to be Possible Value Trap.

Key valuation signals for OZ:

  • PB Ratio: 0.66 (22% below median its 10-year median of 0.85)
  • GF Value™: $319.25 vs. price of $44.76 (86% below fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 18.5% below the Real Estate median (#686 of 1715)

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


Belpointe PREP LLC Business Description

Address 255 Glenville Road, Greenwich, CT, USA, 06831
Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories. Company currently has two reporting segments, commercial: includes properties such as office, retail centers, and warehouses; and mixed-use: includes properties that blend both residential and retail components within a single real estate asset. The majority of the revenue is earn from mixed-use segment.
45GF Score

Get the complete analysis for OZ

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

$44.76
Price
$319.25
GF Value