Ble Kedros REICATH:BLEKEDROS +0.22%87 PB Ratio is 1.42 as of Jul. 01, 2026, which is 8% above its 10-year median of 1.32. GuruFocus rates ATH:BLEKEDROS with a GF Score™ of 87/100 and a GF Value™ of €5.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 930 REITs companies, Ble Kedros REIC ranks worse than 83.44% 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 (2026-07-01), Ble Kedros REIC's share price is €4.47. Ble Kedros REIC's Book Value per Share for the quarter that ended in Dec. 2025 was €3.16. Hence, Ble Kedros REIC's PB Ratio of today is 1.42.
Warning Sign:
Ble Kedros REIC stock PB Ratio (=1.41) is close to 5-year high of 1.47.
The historical rank and industry rank for Ble Kedros REIC's PB Ratio or its related term are showing as below:
ATH:BLEKEDROS'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.32 Max: 1.47
Current: 1.41
During the past 8 years, Ble Kedros REIC's highest PB Ratio was 1.47. The lowest was 0.87. And the median was 1.32.
ATH:BLEKEDROS's PB Ratio is ranked worse than 83.44% of 930
companies
in the REITs industry
Industry Median: 0.87
vs ATH:BLEKEDROS: 1.41
During the past 12 months, Ble Kedros REIC's average Book Value Per Share Growth Rate was 9.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Ble Kedros REIC was 14.30% per year. The lowest was 7.10% per year. And the median was 9.50% per year.
Back to Basics: PB Ratio
Ble Kedros REIC (ATH:BLEKEDROS) 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.
Ble Kedros REIC PB Ratio Related Terms
Ble Kedros REIC PB Ratio Historical Data
* Premium members only.
The historical data trend for Ble Kedros REIC'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.
ATH:BLEKEDROS vs HST, RHP, APLE: PB Ratio Comparison
For the REIT - Hotel & Motel subindustry, Ble Kedros REIC'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.
Ble Kedros REIC PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Ble Kedros REIC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ble Kedros REIC's PB Ratio falls into.
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.
Ble Kedros REIC's PB Ratio for today is calculated as follows:
* 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.
Ble Kedros REIC (ATH:BLEKEDROS) has a PB Ratio of 1.42 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ble Kedros REIC and its competitors. This is near median its historical median of 1.32. Over the past decade, Ble Kedros REIC's PB Ratio has ranged from 0.87 to 1.47. According to the industry distribution chart, Ble Kedros REIC ranks #776 out of 930 companies in the REITs industry, placing it in the top 83.4%.
Is Ble Kedros REIC's PB Ratio too high?
Ble Kedros REIC's current PB Ratio of 1.42 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.47. The REITs industry median PB Ratio is 0.87. Ble Kedros REIC's value of 1.42 is 63.2% above this industry median. Based on the distribution chart, Ble Kedros REIC ranks #776 out of 930 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ble Kedros REIC has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ble Kedros REIC's PB Ratio compare to HST and RHP?
According to the REITs industry distribution chart, Ble Kedros REIC ranks #776 out of 930 companies for PB Ratio. This places Ble Kedros REIC in the lower half of its industry. The industry median PB Ratio is 0.87. Ble Kedros REIC's value of 1.42 is 63.2% above this benchmark. Historically, Ble Kedros REIC's own PB Ratio has ranged from 0.87 to 1.47 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.87, Ble Kedros REIC 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 0.87, based on 930 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. Ble Kedros REIC's current PB Ratio of 1.42 is 63.2% 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 Ble Kedros REIC and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ble Kedros REIC's current PB Ratio is 1.42, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ble Kedros REIC stock overvalued right now?
Based on GuruFocus' analysis, Ble Kedros REIC (ATH:BLEKEDROS) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.14, compared to a current price of €4.47 — trading 13% below its estimated fair value. The current PB Ratio is 1.42, which is near median its 10-year median of 1.32 and 63.2% above the REITs industry median of 0.87. Ble Kedros REIC's overall GF Score™ is 87/100 with 5 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 Ble Kedros REIC (ATH:BLEKEDROS), the current PB Ratio is 1.42 as of Jul. 01, 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 Ble Kedros REIC (ATH:BLEKEDROS) Overvalued in 2026?
Based on GuruFocus' analysis, Ble Kedros REIC stock appears to be undervalued.
The current stock price of €4.47 is trading 13% below its estimated GF Value™ of €5.14.
GuruFocus considers Ble Kedros REIC to be Modestly Undervalued.
Key valuation signals for ATH:BLEKEDROS:
PB Ratio: 1.42 (near median its 10-year median of 1.32)
GF Value™: €5.14 vs. price of €4.47 (13% below fair value)
Industry Position: 63.2% above the REITs median (#776 of 930)
No single metric tells the full story. See the ATH:BLEKEDROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ble Kedros REIC operates as a Real Estate Investment Company (REIC). It operates in the field of real estate investment, development, and management. Its aim is to create a real estate portfolio that generates consistently high returns and generates stable cash inflows, It invests in commercial real estate which may be utilized immediately such as stores, offices, and industrial buildings, as well as assets for the future development such as plots of land.
87GF Score
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