German High Street Properties AS (CHIX:GERHSC) PB Ratio: 1.21 (As of Jul. 15, 2026) — 42% Above Median

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CHIX:GERHSC German High Street Properties AS CHIX:GERHSC
53 GF Score
Price kr134.00
GF Value kr161.92
! 6 Warning Signs
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What is German High Street Properties AS PB Ratio?

German High Street Properties AS CHIX:GERHSC 53 PB Ratio is 1.21 as of Jul. 15, 2026, which is 42% above its 10-year median of 0.85. GuruFocus rates CHIX:GERHSC with a GF Score™ of 53/100 and a GF Value™ of kr161.92. The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, German High Street Properties AS ranks better than 61.41% 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 (2026-07-15), German High Street Properties AS's share price is kr134.00. German High Street Properties AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr110.79. Hence, German High Street Properties AS's PB Ratio of today is 1.21.

The historical rank and industry rank for German High Street Properties AS's PB Ratio or its related term are showing as below:

CHIX:GERHSc' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.85   Max: 1.05
Current: 0.6

During the past 13 years, German High Street Properties AS's highest PB Ratio was 1.05. The lowest was 0.51. And the median was 0.85.

CHIX:GERHSc's PB Ratio is ranked better than
61.41% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs CHIX:GERHSc: 0.60

During the past 12 months, German High Street Properties AS's average Book Value Per Share Growth Rate was -10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of German High Street Properties AS was 18.20% per year. The lowest was -23.30% per year. And the median was -1.30% per year.

Back to Basics: PB Ratio


German High Street Properties AS  (CHIX:GERHSc) 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.


German High Street Properties AS PB Ratio Related Terms


German High Street Properties AS PB Ratio Historical Data

* Premium members only.

The historical data trend for German High Street Properties AS'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.

German High Street Properties AS PB Ratio Chart

German High Street Properties AS 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 0.90 0.93 0.98 1.04 1.15

German High Street Properties AS 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 1.08 1.08 1.14 1.15 1.21

CHIX:GERHSC vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, German High Street Properties AS'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.


German High Street Properties AS PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, German High Street Properties AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where German High Street Properties AS's PB Ratio falls into.


CHIX:GERHSC
53GF Score
German High Street Properties AS CHIX:GERHSC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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German High Street Properties AS 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.

German High Street Properties AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=134.00/110.794
=1.21

* 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 1.21 mean?
German High Street Properties AS (CHIX:GERHSC) has a PB Ratio of 1.21 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 German High Street Properties AS and its competitors. This is 42% above median its historical median of 0.85. Over the past decade, German High Street Properties AS's PB Ratio has ranged from 0.51 to 1.05. According to the industry distribution chart, German High Street Properties AS ranks #661 out of 1713 companies in the Real Estate industry, placing it in the top 38.6%.
Is German High Street Properties AS's PB Ratio too high?
German High Street Properties AS's current PB Ratio of 1.21 is 42% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.05. The Real Estate industry median PB Ratio is 0.81. German High Street Properties AS's value of 1.21 is 49.4% above this industry median. Based on the distribution chart, German High Street Properties AS ranks #661 out of 1713 companies in the Real Estate industry, which is above the industry midpoint. Overall, German High Street Properties AS has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does German High Street Properties AS's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, German High Street Properties AS ranks #661 out of 1713 companies for PB Ratio. This puts German High Street Properties AS in the upper half of its industry. The industry median PB Ratio is 0.81. German High Street Properties AS's value of 1.21 is 49.4% above this benchmark. Historically, German High Street Properties AS's own PB Ratio has ranged from 0.51 to 1.05 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.81, German High Street Properties AS 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. German High Street Properties AS's current PB Ratio of 1.21 is 49.4% 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 German High Street Properties AS 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. German High Street Properties AS's current PB Ratio is 1.21, which is 42% above 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 German High Street Properties AS stock overvalued right now?
German High Street Properties AS (CHIX:GERHSC) has a current PB Ratio of 1.21. The stock's GF Value™ is kr161.92, compared to a current price of kr134.00 — trading 17.2% below its estimated fair value. The current PB Ratio is 1.21, which is 42% above median its 10-year median of 0.85 and 49.4% above the Real Estate industry median of 0.81. German High Street Properties AS's overall GF Score™ is 53/100 with 6 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 German High Street Properties AS (CHIX:GERHSC), the current PB Ratio is 1.21 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 German High Street Properties AS (CHIX:GERHSC) Overvalued in 2026?

Based on GuruFocus' analysis, German High Street Properties AS stock appears to be undervalued. The current stock price of kr134.00 is trading 17.2% below its estimated GF Value™ of kr161.92.

Key valuation signals for CHIX:GERHSC:

  • PB Ratio: 1.21 (42% above median its 10-year median of 0.85)
  • GF Value™: kr161.92 vs. price of kr134.00 (17.2% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 49.4% above the Real Estate median (#661 of 1713)

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


German High Street Properties AS Business Description

Other Exchanges GERHSP:Denmark
Address Mosehojvej 17, Charlottenlund, Copenhagen, DNK, 2920
German High Street Properties AS invests in high-street properties and real estate properties. The Group aims to invest in well-located properties in cities with economic and demographic growth in Scandinavia, Germany, Switzerland, and England. Its activities are managed, reported, and presented in German properties and Administration.
53GF Score

Get the complete analysis for CHIX:GERHSC

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

kr134.00
Price
kr161.92
GF Value