FRA:IVP1'
s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.94 Max: 1.36
Current: 0.68
During the past 13 years, Growthpoint Properties Australia's highest PB Ratio was 1.36. The lowest was 0.51. And the median was 0.94.
FRA:IVP1's PB Ratio is ranked better than 70.01% of 927
companies
in the REITs industry
Industry Median: 0.86
vs FRA:IVP1: 0.68
During the past 12 months, Growthpoint Properties Australia's average Book Value Per Share Growth Rate was -4.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Growthpoint Properties Australia was 10.60% per year. The lowest was -40.80% per year. And the median was 5.95% per year.
Back to Basics: PB Ratio
Growthpoint Properties Australia (FRA:IVP1) 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.
Growthpoint Properties Australia PB Ratio Related Terms
Growthpoint Properties Australia PB Ratio Historical Data
* 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 - Office subindustry, Growthpoint Properties Australia'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.
Growthpoint Properties Australia PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Growthpoint Properties Australia's PB Ratio distribution charts can be found below:
* The bar in red indicates where Growthpoint Properties Australia's PB Ratio falls into.
Growthpoint Properties Australia 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.
* 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.
Growthpoint Properties Australia (FRA:IVP1) has a PB Ratio of 0.70 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Growthpoint Properties Australia and its competitors. This is 26% below median its historical median of 0.94. Over the past decade, Growthpoint Properties Australia's PB Ratio has ranged from 0.51 to 1.36. According to the industry distribution chart, Growthpoint Properties Australia ranks #278 out of 927 companies in the REITs industry, placing it in the top 30%.
Is Growthpoint Properties Australia's PB Ratio too high?
Growthpoint Properties Australia's current PB Ratio of 0.70 is 26% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.36. The REITs industry median PB Ratio is 0.86. Growthpoint Properties Australia's value of 0.70 is 18.6% below this industry median. Based on the distribution chart, Growthpoint Properties Australia ranks #278 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Growthpoint Properties Australia has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Growthpoint Properties Australia's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Growthpoint Properties Australia ranks #278 out of 927 companies for PB Ratio. This puts Growthpoint Properties Australia in the upper half of its industry. The industry median PB Ratio is 0.86. Growthpoint Properties Australia's value of 0.70 is 18.6% below this benchmark. Historically, Growthpoint Properties Australia's own PB Ratio has ranged from 0.51 to 1.36 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.86, Growthpoint Properties Australia 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 927 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. Growthpoint Properties Australia's current PB Ratio of 0.70 is 18.6% 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 Growthpoint Properties Australia 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. Growthpoint Properties Australia's current PB Ratio is 0.70, which is 26% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Growthpoint Properties Australia stock overvalued right now?
Based on GuruFocus' analysis, Growthpoint Properties Australia (FRA:IVP1) is currently considered Fairly Valued. The stock's GF Value™ is €1.29, compared to a current price of €1.24 — trading 4.3% below its estimated fair value. The current PB Ratio is 0.70, which is 26% below median its 10-year median of 0.94 and 18.6% below the REITs industry median of 0.86. Growthpoint Properties Australia's overall GF Score™ is 66/100 with 7 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 Growthpoint Properties Australia (FRA:IVP1), the current PB Ratio is 0.70 as of Jul. 08, 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 Growthpoint Properties Australia (FRA:IVP1) Overvalued in 2026?
Based on GuruFocus' analysis, Growthpoint Properties Australia stock appears to be undervalued.
The current stock price of €1.24 is trading 4.3% below its estimated GF Value™ of €1.29.
GuruFocus considers Growthpoint Properties Australia to be Fairly Valued.
Key valuation signals for FRA:IVP1:
PB Ratio: 0.70 (26% below median its 10-year median of 0.94)
GF Value™: €1.29 vs. price of €1.24 (4.3% below fair value)
Industry Position: 18.6% below the REITs median (#278 of 927)
No single metric tells the full story. See the FRA:IVP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Growthpoint Properties Australia Business Description
Growthpoint Properties Australia is an internally managed real estate investment trust. The REIT operates a portfolio of office and industrial assets, with an earnings split of roughly 65%/35% between the two sectors. Vast majority of Growthpoint's offices are located on the eastern seaboard, predominantly in city fringe and metropolitan locations. The industrial portfolio is concentrated, with nearly half the income from the supermarket behemoth Woolworths. Growthpoint also manages a small property funds management platform, with over AUD 1 billion assets under management. Growthpoint Properties Australia is majority owned by South African property giant Growthpoint Properties, which is listed on the Johannesburg Stock Exchange.
66GF Score
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