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Meridia Real Estate III Socimi SA stock PB Ratio (=2.03) is close to 10-year high of 2.13.
The historical rank and industry rank for Meridia Real Estate III Socimi's PB Ratio or its related term are showing as below:
XMAD:YMRE'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.88 Max: 2.13
Current: 2.03
During the past 10 years, Meridia Real Estate III Socimi's highest PB Ratio was 2.13. The lowest was 0.52. And the median was 0.88.
XMAD:YMRE's PB Ratio is ranked worse than 91.55% of 923
companies
in the REITs industry
Industry Median: 0.86
vs XMAD:YMRE: 2.03
During the past 12 months, Meridia Real Estate III Socimi's average Book Value Per Share Growth Rate was -7.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -19.90% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Meridia Real Estate III Socimi was 27.20% per year. The lowest was -25.30% per year. And the median was -13.55% per year.
Back to Basics: PB Ratio
Meridia Real Estate III Socimi (XMAD:YMRE) 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.
Meridia Real Estate III Socimi PB Ratio Related Terms
Meridia Real Estate III Socimi 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 - Office subindustry, Meridia Real Estate III Socimi'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.
Meridia Real Estate III Socimi PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Meridia Real Estate III Socimi's PB Ratio distribution charts can be found below:
* The bar in red indicates where Meridia Real Estate III Socimi's PB Ratio falls into.
Meridia Real Estate III Socimi 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.
Meridia Real Estate III Socimi (XMAD:YMRE) has a PB Ratio of 2.03 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Meridia Real Estate III Socimi and its competitors. This is 131% above median its historical median of 0.88. Over the past decade, Meridia Real Estate III Socimi's PB Ratio has ranged from 0.52 to 2.13. According to the industry distribution chart, Meridia Real Estate III Socimi ranks #845 out of 923 companies in the REITs industry, placing it in the top 91.5%.
Is Meridia Real Estate III Socimi's PB Ratio too high?
Meridia Real Estate III Socimi's current PB Ratio of 2.03 is 131% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.13. The REITs industry median PB Ratio is 0.86. Meridia Real Estate III Socimi's value of 2.03 is 136% above this industry median. Based on the distribution chart, Meridia Real Estate III Socimi ranks #845 out of 923 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Meridia Real Estate III Socimi has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Meridia Real Estate III Socimi's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Meridia Real Estate III Socimi ranks #845 out of 923 companies for PB Ratio. This places Meridia Real Estate III Socimi in the lower half of its industry. The industry median PB Ratio is 0.86. Meridia Real Estate III Socimi's value of 2.03 is 136% above this benchmark. Historically, Meridia Real Estate III Socimi's own PB Ratio has ranged from 0.52 to 2.13 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.86, Meridia Real Estate III Socimi has consistently been above 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 923 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. Meridia Real Estate III Socimi's current PB Ratio of 2.03 is 136% above 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 Meridia Real Estate III Socimi 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. Meridia Real Estate III Socimi's current PB Ratio is 2.03, which is 131% above 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 Meridia Real Estate III Socimi stock overvalued right now?
Meridia Real Estate III Socimi (XMAD:YMRE) has a current PB Ratio of 2.03. The stock's GF Value™ is €6.39, compared to a current price of €0.78 — trading 87.9% below its estimated fair value. The current PB Ratio is 2.03, which is 131% above median its 10-year median of 0.88 and 136% above the REITs industry median of 0.86. Meridia Real Estate III Socimi's overall GF Score™ is 48/100 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 Meridia Real Estate III Socimi (XMAD:YMRE), the current PB Ratio is 2.03 as of Jul. 15, 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 Meridia Real Estate III Socimi (XMAD:YMRE) Overvalued in 2026?
Based on GuruFocus' analysis, Meridia Real Estate III Socimi stock appears to be undervalued.
The current stock price of €0.78 is trading 87.9% below its estimated GF Value™ of €6.39.
Key valuation signals for XMAD:YMRE:
PB Ratio: 2.03 (131% above median its 10-year median of 0.88)
GF Value™: €6.39 vs. price of €0.78 (87.9% below fair value)
Industry Position: 136% above the REITs median (#845 of 923)
No single metric tells the full story. See the XMAD:YMRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridia Real Estate III Socimi Business Description
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.
48GF Score
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