TECOM Group PJSCDFM:TECOM +1.50%79 PB Ratio is 2.15 as of Jul. 11, 2026, which is 2% below its 10-year median of 2.19. GuruFocus rates DFM:TECOM with a GF Score™ of 79/100 and a GF Value™ of د.إ3.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,713 Real Estate companies, TECOM Group PJSC ranks worse than 83.07% 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 (2026-07-11), TECOM Group PJSC's share price is د.إ3.38. TECOM Group PJSC's Book Value per Share for the quarter that ended in Mar. 2026 was د.إ1.57. Hence, TECOM Group PJSC's PB Ratio of today is 2.15.
The historical rank and industry rank for TECOM Group PJSC's PB Ratio or its related term are showing as below:
DFM:TECOM'
s PB Ratio Range Over the Past 10 Years
Min: 1.85 Med: 2.19 Max: 2.56
Current: 2.17
During the past 7 years, TECOM Group PJSC's highest PB Ratio was 2.56. The lowest was 1.85. And the median was 2.19.
DFM:TECOM's PB Ratio is ranked worse than 83.07% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs DFM:TECOM: 2.17
During the past 12 months, TECOM Group PJSC's average Book Value Per Share Growth Rate was 18.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of TECOM Group PJSC was 9.70% per year. The lowest was -0.90% per year. And the median was 3.50% 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.
TECOM Group PJSC PB Ratio Related Terms
TECOM Group PJSC PB Ratio Historical Data
* Premium members only.
The historical data trend for TECOM Group PJSC'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 Real Estate Services subindustry, TECOM Group 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.
TECOM Group PJSC PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TECOM Group PJSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where TECOM Group 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.
TECOM Group PJSC (DFM:TECOM) has a PB Ratio of 2.15 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TECOM Group PJSC and its competitors. This is near median its historical median of 2.19. Over the past decade, TECOM Group PJSC's PB Ratio has ranged from 1.85 to 2.56. According to the industry distribution chart, TECOM Group PJSC ranks #1423 out of 1713 companies in the Real Estate industry, placing it in the top 83.1%.
Is TECOM Group PJSC's PB Ratio too high?
TECOM Group PJSC's current PB Ratio of 2.15 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 2.56. The Real Estate industry median PB Ratio is 0.81. TECOM Group PJSC's value of 2.15 is 165.4% above this industry median. Based on the distribution chart, TECOM Group PJSC ranks #1423 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, TECOM Group PJSC has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TECOM Group PJSC's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TECOM Group PJSC ranks #1423 out of 1713 companies for PB Ratio. This places TECOM Group PJSC in the lower half of its industry. The industry median PB Ratio is 0.81. TECOM Group PJSC's value of 2.15 is 165.4% above this benchmark. Historically, TECOM Group PJSC's own PB Ratio has ranged from 1.85 to 2.56 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.81, TECOM Group 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 0.81, 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. TECOM Group PJSC's current PB Ratio of 2.15 is 165.4% 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 TECOM Group PJSC 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. TECOM Group PJSC's current PB Ratio is 2.15, which is near median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TECOM Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, TECOM Group PJSC (DFM:TECOM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.78, compared to a current price of د.إ3.38 — trading 10.6% below its estimated fair value. The current PB Ratio is 2.15, which is near median its 10-year median of 2.19 and 165.4% above the Real Estate industry median of 0.81. TECOM Group PJSC's overall GF Score™ is 79/100 with 3 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 TECOM Group PJSC (DFM:TECOM), the current PB Ratio is 2.15 as of Jul. 11, 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 TECOM Group PJSC (DFM:TECOM) Overvalued in 2026?
Based on GuruFocus' analysis, TECOM Group PJSC stock appears to be undervalued.
The current stock price of د.إ3.38 is trading 10.6% below its estimated GF Value™ of د.إ3.78.
GuruFocus considers TECOM Group PJSC to be Modestly Undervalued.
Key valuation signals for DFM:TECOM:
PB Ratio: 2.15 (near median its 10-year median of 2.19)
GF Value™: د.إ3.78 vs. price of د.إ3.38 (10.6% below fair value)
Industry Position: 165.4% above the Real Estate median (#1423 of 1713)
No single metric tells the full story. See the DFM:TECOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TECOM Group PJSC is a central player in Dubai's commercial and industrial landscape and reaffirming its status as a hub for investment and business, and the sustained growth of its broader economy. The company divides its operations into four financial segments, namely commercial leasing, industrial leasing, land leasing, services, and others.
79GF Score
Get the complete analysis for DFM:TECOM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFM:TECOM has been successfully added to your 
