Dipula PropertiesJSE:DIB 46 PB Ratio is 0.98 as of Jul. 03, 2026, which is 51% above its 10-year median of 0.65. GuruFocus rates JSE:DIB with a GF Score™ of 46/100 and a GF Value™ of R3.33 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 929 REITs companies, Dipula Properties ranks worse than 62.22% on this metric.
Dipula Properties Ltd stock PB Ratio (=0.98) is close to 5-year high of 0.98.
The historical rank and industry rank for Dipula Properties's PB Ratio or its related term are showing as below:
JSE:DIB'
s PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.65 Max: 1.22
Current: 0.97
During the past 13 years, Dipula Properties's highest PB Ratio was 1.22. The lowest was 0.09. And the median was 0.65.
JSE:DIB's PB Ratio is ranked worse than 62.22% of 929
companies
in the REITs industry
Industry Median: 0.87
vs JSE:DIB: 0.97
During the past 12 months, Dipula Properties's average Book Value Per Share Growth Rate was 4.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dipula Properties was 75.50% per year. The lowest was -13.50% per year. And the median was 3.10% 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.
Dipula Properties PB Ratio Related Terms
Dipula Properties PB Ratio Historical Data
* Premium members only.
The historical data trend for Dipula 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.
For the REIT - Retail subindustry, Dipula 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.
Dipula Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Dipula Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Dipula Properties'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.
Dipula Properties (JSE:DIB) has a PB Ratio of 0.98 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dipula Properties and its competitors. This is 51% above median its historical median of 0.65. Over the past decade, Dipula Properties' PB Ratio has ranged from 0.09 to 1.22. According to the industry distribution chart, Dipula Properties ranks #578 out of 929 companies in the REITs industry, placing it in the top 62.2%.
Is Dipula Properties' PB Ratio too high?
Dipula Properties' current PB Ratio of 0.98 is 51% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.22. The REITs industry median PB Ratio is 0.87. Dipula Properties' value of 0.98 is 12.6% above this industry median. Based on the distribution chart, Dipula Properties ranks #578 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Dipula Properties has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dipula Properties' PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Dipula Properties ranks #578 out of 929 companies for PB Ratio. This places Dipula Properties in the lower half of its industry. The industry median PB Ratio is 0.87. Dipula Properties' value of 0.98 is 12.6% above this benchmark. Historically, Dipula Properties' own PB Ratio has ranged from 0.09 to 1.22 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.87, Dipula Properties 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 0.87, 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. Dipula Properties's current PB Ratio of 0.98 is 12.6% 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 Dipula Properties and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dipula Properties's current PB Ratio is 0.98, which is 51% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dipula Properties stock overvalued right now?
Based on GuruFocus' analysis, Dipula Properties (JSE:DIB) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.33, compared to a current price of R7.15 — trading 114.7% above its estimated fair value. The current PB Ratio is 0.98, which is 51% above median its 10-year median of 0.65 and 12.6% above the REITs industry median of 0.87. Dipula Properties' overall GF Score™ is 46/100 with 11 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 Dipula Properties (JSE:DIB), the current PB Ratio is 0.98 as of Jul. 03, 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 Dipula Properties (JSE:DIB) Overvalued in 2026?
Based on GuruFocus' analysis, Dipula Properties stock appears to be overvalued.
The current stock price of R7.15 is trading 114.7% above its estimated GF Value™ of R3.33.
GuruFocus considers Dipula Properties to be Significantly Overvalued.
Key valuation signals for JSE:DIB:
PB Ratio: 0.98 (51% above median its 10-year median of 0.65)
GF Value™: R3.33 vs. price of R7.15 (114.7% above fair value)
Industry Position: 12.6% above the REITs median (#578 of 929)
No single metric tells the full story. See the JSE:DIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dipula Properties Ltd is a South Africa-based real estate investment trust that owns a diversified property portfolio comprising defensive urban, township, and rural community retail centres. In addition to retail assets, the company also owns mid-sized industrial and logistics properties, office properties in urban areas, and affordable residential rental assets located in economically active regions across South Africa. The company's operating segments include Retail, Offices, Industrial, Land, Residential, and Corporate. The majority of its revenue is derived from the Retail segment, which represents income generated from its portfolio of shopping centres. The majority of its properties are located in Gauteng.
46GF Score
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