Fortress Real Estate Investments (JSE:FFB) PB Ratio: 0.97 (As of Jul. 14, 2026) — Near Median

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JSE:FFB Fortress Real Estate Investments Ltd JSE:FFB
80 GF Score
Price R25.06
GF Value R21.76
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Fortress Real Estate Investments PB Ratio?

Fortress Real Estate Investments JSE:FFB -0.48% 80 PB Ratio is 0.97 as of Jul. 14, 2026, which is 4% above its 10-year median of 0.93. GuruFocus rates JSE:FFB with a GF Score™ of 80/100 and a GF Value™ of R21.76 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,715 Real Estate companies, Fortress Real Estate Investments ranks worse than 58.95% 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 (2026-07-14), Fortress Real Estate Investments's share price is R25.06. Fortress Real Estate Investments's Book Value per Share for the quarter that ended in Dec. 2025 was R25.77. Hence, Fortress Real Estate Investments's PB Ratio of today is 0.97.

Warning Sign:

Fortress Real Estate Investments Ltd stock PB Ratio (=0.98) is close to 3-year high of 1.08.

The historical rank and industry rank for Fortress Real Estate Investments's PB Ratio or its related term are showing as below:

JSE:FFB' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.93   Max: 1.33
Current: 0.98

During the past 13 years, Fortress Real Estate Investments's highest PB Ratio was 1.33. The lowest was 0.61. And the median was 0.93.

JSE:FFB's PB Ratio is ranked worse than
58.95% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs JSE:FFB: 0.98

During the past 12 months, Fortress Real Estate Investments's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortress Real Estate Investments was 77.80% per year. The lowest was -17.70% per year. And the median was 25.70% per year.

Back to Basics: PB Ratio


Fortress Real Estate Investments  (JSE:FFB) 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.


Fortress Real Estate Investments PB Ratio Related Terms


Fortress Real Estate Investments PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments PB Ratio Chart

Fortress Real Estate Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.84 0.84 0.66 0.79

Fortress Real Estate Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.83 0.66 0.81 0.79 0.93

JSE:FFB vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Fortress Real Estate Investments's PB Ratio falls into.


JSE:FFB
80GF Score
Fortress Real Estate Investments Ltd JSE:FFB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Real Estate Investments 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.

Fortress Real Estate Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=25.06/25.765
=0.97

* 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 0.97 mean?
Fortress Real Estate Investments (JSE:FFB) has a PB Ratio of 0.97 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fortress Real Estate Investments and its competitors. This is near median its historical median of 0.93. Over the past decade, Fortress Real Estate Investments' PB Ratio has ranged from 0.61 to 1.33. According to the industry distribution chart, Fortress Real Estate Investments ranks #1011 out of 1715 companies in the Real Estate industry, placing it in the top 59%.
Is Fortress Real Estate Investments' PB Ratio too high?
Fortress Real Estate Investments' current PB Ratio of 0.97 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.33. The Real Estate industry median PB Ratio is 0.81. Fortress Real Estate Investments' value of 0.97 is 19.8% above this industry median. Based on the distribution chart, Fortress Real Estate Investments ranks #1011 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fortress Real Estate Investments has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Real Estate Investments' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortress Real Estate Investments ranks #1011 out of 1715 companies for PB Ratio. This places Fortress Real Estate Investments in the lower half of its industry. The industry median PB Ratio is 0.81. Fortress Real Estate Investments' value of 0.97 is 19.8% above this benchmark. Historically, Fortress Real Estate Investments' own PB Ratio has ranged from 0.61 to 1.33 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.81, Fortress Real Estate Investments 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Fortress Real Estate Investments's current PB Ratio of 0.97 is 19.8% 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 Fortress Real Estate Investments and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Real Estate Investments's current PB Ratio is 0.97, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Real Estate Investments stock overvalued right now?
Based on GuruFocus' analysis, Fortress Real Estate Investments (JSE:FFB) is currently considered Modestly Overvalued. The stock's GF Value™ is R21.76, compared to a current price of R25.06 — trading 15.2% above its estimated fair value. The current PB Ratio is 0.97, which is near median its 10-year median of 0.93 and 19.8% above the Real Estate industry median of 0.81. Fortress Real Estate Investments' overall GF Score™ is 80/100 with 10 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 Fortress Real Estate Investments (JSE:FFB), the current PB Ratio is 0.97 as of Jul. 14, 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 Fortress Real Estate Investments (JSE:FFB) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Real Estate Investments stock appears to be overvalued. The current stock price of R25.06 is trading 15.2% above its estimated GF Value™ of R21.76. GuruFocus considers Fortress Real Estate Investments to be Modestly Overvalued.

Key valuation signals for JSE:FFB:

  • PB Ratio: 0.97 (near median its 10-year median of 0.93)
  • GF Value™: R21.76 vs. price of R25.06 (15.2% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 19.8% above the Real Estate median (#1011 of 1715)

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


Fortress Real Estate Investments Business Description

Address Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.
80GF Score

Get the complete analysis for JSE:FFB

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

R25.06
Price
R21.76
GF Value