SM Wirtschaftsberatungs AGFRA:SMWN 49 PB Ratio is 1.14 as of Jun. 25, 2026, which is 27% below its 10-year median of 1.56. GuruFocus rates FRA:SMWN with a GF Score™ of 49/100 and a GF Value™ of €6.64 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 929 REITs companies, SM Wirtschaftsberatungs AG ranks worse than 76.32% on this metric.
SM Wirtschaftsberatungs AG stock PB Ratio (=1.17) is close to 10-year low of 1.11.
The historical rank and industry rank for SM Wirtschaftsberatungs AG's PB Ratio or its related term are showing as below:
FRA:SMWN'
s PB Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.56 Max: 2.93
Current: 1.17
During the past 13 years, SM Wirtschaftsberatungs AG's highest PB Ratio was 2.93. The lowest was 1.11. And the median was 1.56.
FRA:SMWN's PB Ratio is ranked worse than 76.32% of 929
companies
in the REITs industry
Industry Median: 0.86
vs FRA:SMWN: 1.17
During the past 12 months, SM Wirtschaftsberatungs AG's average Book Value Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SM Wirtschaftsberatungs AG was 21.20% per year. The lowest was -6.30% per year. And the median was 1.55% per year.
Back to Basics: PB Ratio
SM Wirtschaftsberatungs AG (FRA:SMWN) 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.
SM Wirtschaftsberatungs AG PB Ratio Related Terms
SM Wirtschaftsberatungs AG 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 - Diversified subindustry, SM Wirtschaftsberatungs AG'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.
SM Wirtschaftsberatungs AG PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, SM Wirtschaftsberatungs AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where SM Wirtschaftsberatungs AG'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.
SM Wirtschaftsberatungs AG (FRA:SMWN) has a PB Ratio of 1.14 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SM Wirtschaftsberatungs AG and its competitors. This is 27% below median its historical median of 1.56. Over the past decade, SM Wirtschaftsberatungs AG's PB Ratio has ranged from 1.11 to 2.93. According to the industry distribution chart, SM Wirtschaftsberatungs AG ranks #709 out of 929 companies in the REITs industry, placing it in the top 76.3%.
Is SM Wirtschaftsberatungs AG's PB Ratio too high?
SM Wirtschaftsberatungs AG's current PB Ratio of 1.14 is 27% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.93. The REITs industry median PB Ratio is 0.86. SM Wirtschaftsberatungs AG's value of 1.14 is 32.6% above this industry median. Based on the distribution chart, SM Wirtschaftsberatungs AG ranks #709 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, SM Wirtschaftsberatungs AG has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Wirtschaftsberatungs AG's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, SM Wirtschaftsberatungs AG ranks #709 out of 929 companies for PB Ratio. This places SM Wirtschaftsberatungs AG in the lower half of its industry. The industry median PB Ratio is 0.86. SM Wirtschaftsberatungs AG's value of 1.14 is 32.6% above this benchmark. Historically, SM Wirtschaftsberatungs AG's own PB Ratio has ranged from 1.11 to 2.93 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.86, SM Wirtschaftsberatungs AG 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 REITs company?
The median PB Ratio among REITs companies is 0.86, based on 929 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. SM Wirtschaftsberatungs AG's current PB Ratio of 1.14 is 32.6% 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 SM Wirtschaftsberatungs AG 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. SM Wirtschaftsberatungs AG's current PB Ratio is 1.14, which is 27% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Wirtschaftsberatungs AG stock overvalued right now?
Based on GuruFocus' analysis, SM Wirtschaftsberatungs AG (FRA:SMWN) is currently considered Possible Value Trap. The stock's GF Value™ is €6.64, compared to a current price of €4.46 — trading 32.8% below its estimated fair value. The current PB Ratio is 1.14, which is 27% below median its 10-year median of 1.56 and 32.6% above the REITs industry median of 0.86. SM Wirtschaftsberatungs AG's overall GF Score™ is 49/100 with 2 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 SM Wirtschaftsberatungs AG (FRA:SMWN), the current PB Ratio is 1.14 as of Jun. 25, 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 SM Wirtschaftsberatungs AG (FRA:SMWN) Overvalued in 2026?
Based on GuruFocus' analysis, SM Wirtschaftsberatungs AG stock appears to be undervalued.
The current stock price of €4.46 is trading 32.8% below its estimated GF Value™ of €6.64.
GuruFocus considers SM Wirtschaftsberatungs AG to be Possible Value Trap.
Key valuation signals for FRA:SMWN:
PB Ratio: 1.14 (27% below median its 10-year median of 1.56)
GF Value™: €6.64 vs. price of €4.46 (32.8% below fair value)
Industry Position: 32.6% above the REITs median (#709 of 929)
No single metric tells the full story. See the FRA:SMWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Wirtschaftsberatungs AG is a diversified financial services company located in Germany. The company focuses on the real estate sector and is involved in capital investment management, project development, and the management of its own assets.
49GF Score
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