Balwin Properties (JSE:BWN) PB Ratio: 0.44 (As of Jun. 26, 2026) — Near Median


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.20
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balwin Properties PB Ratio?

Balwin Properties JSE:BWN 49 PB Ratio is 0.44 as of Jun. 26, 2026, which is 6% below its 10-year median of 0.47. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,712 Real Estate companies, Balwin Properties ranks better than 75.47% 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 (2026-06-26), Balwin Properties's share price is R4.20. Balwin Properties's Book Value per Share for the quarter that ended in Feb. 2026 was R9.59. Hence, Balwin Properties's PB Ratio of today is 0.44.

Warning Sign:

Balwin Properties Ltd stock PB Ratio (=0.44) is close to 3-year high of 0.44.

The historical rank and industry rank for Balwin Properties's PB Ratio or its related term are showing as below:

JSE:BWN' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.47   Max: 3.03
Current: 0.43

During the past 11 years, Balwin Properties's highest PB Ratio was 3.03. The lowest was 0.20. And the median was 0.47.

JSE:BWN's PB Ratio is ranked better than
75.47% of 1712 companies
in the Real Estate industry
Industry Median: 0.82 vs JSE:BWN: 0.43

During the past 12 months, Balwin Properties's average Book Value Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Balwin Properties was 21.10% per year. The lowest was 5.20% per year. And the median was 9.45% per year.

Back to Basics: PB Ratio


Balwin Properties  (JSE:BWN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Balwin Properties PB Ratio Related Terms


Balwin Properties PB Ratio Historical Data

* Premium members only.

The historical data trend for Balwin Properties'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.

Balwin Properties PB Ratio Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.38 0.23 0.23 0.36

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.23 0.29 0.36

Balwin Properties PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Balwin Properties's PB Ratio falls into.


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balwin Properties 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.

Balwin Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=4.20/9.594
=0.44

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.44 mean?
Balwin Properties (JSE:BWN) has a PB Ratio of 0.44 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 Balwin Properties and its competitors. This is near median its historical median of 0.47. Over the past decade, Balwin Properties' PB Ratio has ranged from 0.20 to 3.03. According to the industry distribution chart, Balwin Properties ranks #420 out of 1712 companies in the Real Estate industry, placing it in the top 24.5%.
Is Balwin Properties' PB Ratio too high?
Balwin Properties' current PB Ratio of 0.44 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.03. The Real Estate industry median PB Ratio is 0.82. Balwin Properties' value of 0.44 is 46.3% below this industry median. Based on the distribution chart, Balwin Properties ranks #420 out of 1712 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #420 out of 1712 companies for PB Ratio. This places Balwin Properties in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Balwin Properties' value of 0.44 is 46.3% below this benchmark. Historically, Balwin Properties' own PB Ratio has ranged from 0.20 to 3.03 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.82, Balwin Properties 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 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. Balwin Properties's current PB Ratio of 0.44 is 46.3% 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 Balwin Properties 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. Balwin Properties's current PB Ratio is 0.44, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.32, compared to a current price of R4.20 — trading 81% above its estimated fair value. The current PB Ratio is 0.44, which is near median its 10-year median of 0.47 and 46.3% below the Real Estate industry median of 0.82. Balwin Properties' overall GF Score™ is 49/100 with 9 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 Balwin Properties (JSE:BWN), the current PB Ratio is 0.44 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 Balwin Properties (JSE:BWN) Overvalued in 2026?

Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued. The current stock price of R4.20 is trading 81% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • PB Ratio: 0.44 (near median its 10-year median of 0.47)
  • GF Value™: R2.32 vs. price of R4.20 (81% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 46.3% below the Real Estate median (#420 of 1712)

No single metric tells the full story. See the JSE:BWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balwin Properties Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
49GF Score

Get the complete analysis for JSE:BWN

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.20
Price
R2.32
GF Value