Emaar Properties PJSCDFM:EMAAR -2.87%97 PB Ratio is 1.20 as of Jun. 26, 2026, which is 46% above its 10-year median of 0.82. GuruFocus rates DFM:EMAAR with a GF Score™ of 97/100 and a GF Value™ of د.إ16.06 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,712 Real Estate companies, Emaar Properties PJSC ranks worse than 66.65% on this metric.
The historical rank and industry rank for Emaar Properties PJSC's PB Ratio or its related term are showing as below:
DFM:EMAAR'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.82 Max: 1.66
Current: 1.2
During the past 13 years, Emaar Properties PJSC's highest PB Ratio was 1.66. The lowest was 0.30. And the median was 0.82.
DFM:EMAAR's PB Ratio is ranked worse than 66.65% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs DFM:EMAAR: 1.20
During the past 12 months, Emaar Properties PJSC's average Book Value Per Share Growth Rate was 11.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emaar Properties PJSC was 25.40% per year. The lowest was -5.30% per year. And the median was 4.15% per year.
Back to Basics: PB Ratio
Emaar Properties PJSC (DFM:EMAAR) 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.
* 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.
Emaar Properties PJSC PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Emaar Properties PJSC'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.
Emaar Properties PJSC PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Emaar Properties PJSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Emaar Properties PJSC'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.
* 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.
Emaar Properties PJSC (DFM:EMAAR) has a PB Ratio of 1.20 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Emaar Properties PJSC and its competitors. This is 46% above median its historical median of 0.82. Over the past decade, Emaar Properties PJSC's PB Ratio has ranged from 0.30 to 1.66. According to the industry distribution chart, Emaar Properties PJSC ranks #1141 out of 1712 companies in the Real Estate industry, placing it in the top 66.6%.
Is Emaar Properties PJSC's PB Ratio too high?
Emaar Properties PJSC's current PB Ratio of 1.20 is 46% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.66. The Real Estate industry median PB Ratio is 0.82. Emaar Properties PJSC's value of 1.20 is 46.3% above this industry median. Based on the distribution chart, Emaar Properties PJSC ranks #1141 out of 1712 companies in the Real Estate industry, which is below the industry midpoint. Overall, Emaar Properties PJSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Properties PJSC's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Emaar Properties PJSC ranks #1141 out of 1712 companies for PB Ratio. This places Emaar Properties PJSC in the lower half of its industry. The industry median PB Ratio is 0.82. Emaar Properties PJSC's value of 1.20 is 46.3% above this benchmark. Historically, Emaar Properties PJSC's own PB Ratio has ranged from 0.30 to 1.66 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.82, Emaar Properties PJSC 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 0.82, based on 1,712 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. Emaar Properties PJSC's current PB Ratio of 1.20 is 46.3% 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 Emaar Properties PJSC and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Properties PJSC's current PB Ratio is 1.20, which is 46% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Properties PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Properties PJSC (DFM:EMAAR) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ16.06, compared to a current price of د.إ12.20 — trading 24% below its estimated fair value. The current PB Ratio is 1.20, which is 46% above median its 10-year median of 0.82 and 46.3% above the Real Estate industry median of 0.82. Emaar Properties PJSC's overall GF Score™ is 97/100 with 1 warning sign 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 Emaar Properties PJSC (DFM:EMAAR), the current PB Ratio is 1.20 as of Jun. 26, 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 Emaar Properties PJSC (DFM:EMAAR) Overvalued in 2026?
Based on GuruFocus' analysis, Emaar Properties PJSC stock appears to be undervalued.
The current stock price of د.إ12.20 is trading 24% below its estimated GF Value™ of د.إ16.06.
GuruFocus considers Emaar Properties PJSC to be Modestly Undervalued.
Key valuation signals for DFM:EMAAR:
PB Ratio: 1.20 (46% above median its 10-year median of 0.82)
GF Value™: د.إ16.06 vs. price of د.إ12.20 (24% below fair value)
Industry Position: 46.3% above the Real Estate median (#1141 of 1712)
No single metric tells the full story. See the DFM:EMAAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emaar Properties PJSC is engaged in property investment, development, and development management, shopping malls and retail, hospitality, property management, utility services, and investments in providers of financial services. Its segments are, namely, real estate (develop, sell, and manage condominiums, villas, commercial units and plots of land), leasing, retail and related activities (develop, lease and manage malls, retail, commercial, and residential spaces), and hospitality (develop, own, and/or manage hotels, serviced apartments and leisure activities). It earns revenue from sources other than property sales, leasing, retail and related activities, and hospitality, and this revenue is included in other operating income. The majority of revenue comes from real estate.
97GF Score
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