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Emirates REIT (CEIC)DIFX:REIT 49 PB Ratio is 0.22 as of Jul. 15, 2026, which is 15% below its 10-year median of 0.26. GuruFocus rates DIFX:REIT with a GF Score™ of 49/100 and a GF Value™ of $0.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 923 REITs companies, Emirates REIT (CEIC) ranks better than 97.18% on this metric.
The historical rank and industry rank for Emirates REIT (CEIC)'s PB Ratio or its related term are showing as below:
DIFX:REIT'
s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.26 Max: 0.75
Current: 0.22
During the past 13 years, Emirates REIT (CEIC)'s highest PB Ratio was 0.75. The lowest was 0.07. And the median was 0.26.
DIFX:REIT's PB Ratio is ranked better than 97.18% of 923
companies
in the REITs industry
Industry Median: 0.86
vs DIFX:REIT: 0.22
During the past 12 months, Emirates REIT (CEIC)'s average Book Value Per Share Growth Rate was 26.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emirates REIT (CEIC) was 34.60% per year. The lowest was -24.40% per year. And the median was 5.00% per year.
Back to Basics: PB Ratio
Emirates REIT (CEIC) (DIFX:REIT) 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.
Emirates REIT (CEIC) PB Ratio Related Terms
Emirates REIT (CEIC) PB Ratio Historical Data
* Premium members only.
The historical data trend for Emirates REIT (CEIC)'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 - Diversified subindustry, Emirates REIT (CEIC)'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.
Emirates REIT (CEIC) PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Emirates REIT (CEIC)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Emirates REIT (CEIC)'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.
Emirates REIT (CEIC) (DIFX:REIT) has a PB Ratio of 0.22 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 Emirates REIT (CEIC) and its competitors. This is 15% below median its historical median of 0.26. Over the past decade, Emirates REIT (CEIC)'s PB Ratio has ranged from 0.07 to 0.75. According to the industry distribution chart, Emirates REIT (CEIC) ranks #26 out of 923 companies in the REITs industry, placing it in the top 2.8%.
Is Emirates REIT (CEIC)'s PB Ratio too high?
Emirates REIT (CEIC)'s current PB Ratio of 0.22 is 15% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.75. The REITs industry median PB Ratio is 0.86. Emirates REIT (CEIC)'s value of 0.22 is 74.4% below this industry median. Based on the distribution chart, Emirates REIT (CEIC) ranks #26 out of 923 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Emirates REIT (CEIC) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emirates REIT (CEIC)'s PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Emirates REIT (CEIC) ranks #26 out of 923 companies for PB Ratio. This places Emirates REIT (CEIC) in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Emirates REIT (CEIC)'s value of 0.22 is 74.4% below this benchmark. Historically, Emirates REIT (CEIC)'s own PB Ratio has ranged from 0.07 to 0.75 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.86, Emirates REIT (CEIC) has consistently been below 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 0.86, based on 923 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. Emirates REIT (CEIC)'s current PB Ratio of 0.22 is 74.4% below 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 Emirates REIT (CEIC) and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates REIT (CEIC)'s current PB Ratio is 0.22, which is 15% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates REIT (CEIC) stock overvalued right now?
Based on GuruFocus' analysis, Emirates REIT (CEIC) (DIFX:REIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.26, compared to a current price of $0.63 — trading 142.7% above its estimated fair value. The current PB Ratio is 0.22, which is 15% below median its 10-year median of 0.26 and 74.4% below the REITs industry median of 0.86. Emirates REIT (CEIC)'s overall GF Score™ is 49/100 with 4 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 Emirates REIT (CEIC) (DIFX:REIT), the current PB Ratio is 0.22 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 Emirates REIT (CEIC) (DIFX:REIT) Overvalued in 2026?
Based on GuruFocus' analysis, Emirates REIT (CEIC) stock appears to be overvalued.
The current stock price of $0.63 is trading 142.7% above its estimated GF Value™ of $0.26.
GuruFocus considers Emirates REIT (CEIC) to be Significantly Overvalued.
Key valuation signals for DIFX:REIT:
PB Ratio: 0.22 (15% below median its 10-year median of 0.26)
GF Value™: $0.26 vs. price of $0.63 (142.7% above fair value)
Industry Position: 74.4% below the REITs median (#26 of 923)
No single metric tells the full story. See the DIFX:REIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emirates REIT (CEIC) PLC is a closed-ended investment company with a mandate to invest in a diversified portfolio of Shari'a-compliant real estate properties. The Investment objective of the company is to provide shareholders with a Shari'a-compliant income by maintaining a stable dividend distribution and increasing shareholder value through accretive acquisitions, active asset management, and capital appreciation. The property portfolio of the company Index Tower, Loft Offices, Building 24, Indigo 7, European Business Centre, Index Mall, Lycee Francais Jean Mermoz, GEMS World Academy, and Durham School Dubai.
49GF Score
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