Stor-Age Property REIT (JSE:SSS) PB Ratio: 0.94 (As of Jul. 03, 2026) — 11% Below Median


JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
77 GF Score
Price R17.20
GF Value R16.22
Valuation Fairly Valued
! 7 Warning Signs
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What is Stor-Age Property REIT PB Ratio?

Stor-Age Property REIT JSE:SSS +0.88% 77 PB Ratio is 0.94 as of Jul. 03, 2026, which is 11% below its 10-year median of 1.06. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 929 REITs companies, Stor-Age Property REIT ranks worse than 58.67% 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 (2026-07-03), Stor-Age Property REIT's share price is R17.20. Stor-Age Property REIT's Book Value per Share for the quarter that ended in Mar. 2026 was R18.24. Hence, Stor-Age Property REIT's PB Ratio of today is 0.94.

The historical rank and industry rank for Stor-Age Property REIT's PB Ratio or its related term are showing as below:

JSE:SSS' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.06   Max: 1.33
Current: 0.94

During the past 11 years, Stor-Age Property REIT's highest PB Ratio was 1.33. The lowest was 0.78. And the median was 1.06.

JSE:SSS's PB Ratio is ranked worse than
58.67% of 929 companies
in the REITs industry
Industry Median: 0.87 vs JSE:SSS: 0.94

During the past 12 months, Stor-Age Property REIT's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Stor-Age Property REIT was 9.40% per year. The lowest was 2.50% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT PB Ratio Related Terms


Stor-Age Property REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Stor-Age Property REIT'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.

Stor-Age Property REIT PB Ratio Chart

Stor-Age Property REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.85 0.86 0.83 0.92

Stor-Age Property REIT Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.86 0.91 0.83 0.87 0.92

JSE:SSS vs PLD, PSA, EXR: PB Ratio Comparison

For the REIT - Industrial subindustry, Stor-Age Property REIT'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.


Stor-Age Property REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's PB Ratio falls into.


JSE:SSS
77GF Score
Stor-Age Property REIT Ltd JSE:SSS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stor-Age Property REIT 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.

Stor-Age Property REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=17.20/18.24
=0.94

* 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 0.94 mean?
Stor-Age Property REIT (JSE:SSS) has a PB Ratio of 0.94 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 Stor-Age Property REIT and its competitors. This is 11% below median its historical median of 1.06. Over the past decade, Stor-Age Property REIT's PB Ratio has ranged from 0.78 to 1.33. According to the industry distribution chart, Stor-Age Property REIT ranks #545 out of 929 companies in the REITs industry, placing it in the top 58.7%.
Is Stor-Age Property REIT's PB Ratio too high?
Stor-Age Property REIT's current PB Ratio of 0.94 is 11% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.33. The REITs industry median PB Ratio is 0.87. Stor-Age Property REIT's value of 0.94 is 8% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #545 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #545 out of 929 companies for PB Ratio. This places Stor-Age Property REIT in the lower half of its industry. The industry median PB Ratio is 0.87. Stor-Age Property REIT's value of 0.94 is 8% above this benchmark. Historically, Stor-Age Property REIT's own PB Ratio has ranged from 0.78 to 1.33 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.87, Stor-Age Property REIT 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. Stor-Age Property REIT's current PB Ratio of 0.94 is 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 Stor-Age Property REIT 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. Stor-Age Property REIT's current PB Ratio is 0.94, which is 11% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current PB Ratio is 0.94, which is 11% below median its 10-year median of 1.06 and 8% above the REITs industry median of 0.87. Stor-Age Property REIT's overall GF Score™ is 77/100 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 Stor-Age Property REIT (JSE:SSS), the current PB Ratio is 0.94 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • PB Ratio: 0.94 (11% below median its 10-year median of 1.06)
  • GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 8% above the REITs median (#545 of 929)

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


Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score

Get the complete analysis for JSE:SSS

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

R17.20
Price
R16.22
GF Value