Saul CentersBFS +0.82%77 PB Ratio is 7.80 as of Jun. 25, 2026, which is 33% above its 10-year median of 5.86. GuruFocus rates BFS with a GF Score™ of 77/100 and a GF Value™ of $41.81 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 929 REITs companies, Saul Centers ranks worse than 98.06% 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 (2026-06-25), Saul Centers's share price is $37.07. Saul Centers's Book Value per Share for the quarter that ended in Mar. 2026 was $4.75. Hence, Saul Centers's PB Ratio of today is 7.80.
Warning Sign:
Saul Centers Inc stock PB Ratio (=7.74) is close to 5-year high of 7.88.
The historical rank and industry rank for Saul Centers's PB Ratio or its related term are showing as below:
BFS'
s PB Ratio Range Over the Past 10 Years
Min: 3.09 Med: 5.86 Max: 10.92
Current: 7.8
During the past 13 years, Saul Centers's highest PB Ratio was 10.92. The lowest was 3.09. And the median was 5.86.
BFS's PB Ratio is ranked worse than 98.06% of 929
companies
in the REITs industry
Industry Median: 0.87
vs BFS: 7.80
During the past 12 months, Saul Centers's average Book Value Per Share Growth Rate was -19.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -17.70% 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 -0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Saul Centers was 259.80% per year. The lowest was -99.30% per year. And the median was 9.70% per year.
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.
Saul Centers PB Ratio Related Terms
Saul Centers PB Ratio Historical Data
* Premium members only.
The historical data trend for Saul Centers'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.
For the REIT - Retail subindustry, Saul Centers'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.
Saul Centers PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Saul Centers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Saul Centers'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.
Saul Centers'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.
Saul Centers (BFS) has a PB Ratio of 7.80 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Saul Centers and its competitors. This is 33% above median its historical median of 5.86. Over the past decade, Saul Centers' PB Ratio has ranged from 3.09 to 10.92. According to the industry distribution chart, Saul Centers ranks #911 out of 929 companies in the REITs industry, placing it in the top 98.1%.
Is Saul Centers' PB Ratio too high?
Saul Centers' current PB Ratio of 7.80 is 33% above median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 10.92. The REITs industry median PB Ratio is 0.87. Saul Centers' value of 7.80 is 796.6% above this industry median. Based on the distribution chart, Saul Centers ranks #911 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Saul Centers has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' PB Ratio compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #911 out of 929 companies for PB Ratio. This places Saul Centers in the lower half of its industry. The industry median PB Ratio is 0.87. Saul Centers' value of 7.80 is 796.6% above this benchmark. Historically, Saul Centers' own PB Ratio has ranged from 3.09 to 10.92 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 0.87, Saul Centers 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 929 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. Saul Centers's current PB Ratio of 7.80 is 796.6% 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 Saul Centers 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. Saul Centers's current PB Ratio is 7.80, which is 33% above median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.81, compared to a current price of $37.07 — trading 11.3% below its estimated fair value. The current PB Ratio is 7.80, which is 33% above median its 10-year median of 5.86 and 796.6% above the REITs industry median of 0.87. Saul Centers' overall GF Score™ is 77/100 with 9 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 Saul Centers (BFS), the current PB Ratio is 7.80 as of Jun. 25, 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 Saul Centers (BFS) Overvalued in 2026?
Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued.
The current stock price of $37.07 is trading 11.3% below its estimated GF Value™ of $41.81.
GuruFocus considers Saul Centers to be Modestly Undervalued.
Key valuation signals for BFS:
PB Ratio: 7.80 (33% above median its 10-year median of 5.86)
GF Value™: $41.81 vs. price of $37.07 (11.3% below fair value)
Industry Position: 796.6% above the REITs median (#911 of 929)
No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
77GF Score
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