Kiwi Property GroupKWIPF 41 PB Ratio is 0.83 as of Jun. 26, 2026, which is 5% below its 10-year median of 0.87. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 929 REITs companies, Kiwi Property Group ranks better than 54.79% on this metric.
The historical rank and industry rank for Kiwi Property Group's PB Ratio or its related term are showing as below:
KWIPF'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.87 Max: 1.18
Current: 0.83
During the past 12 years, Kiwi Property Group's highest PB Ratio was 1.18. The lowest was 0.58. And the median was 0.87.
KWIPF's PB Ratio is ranked better than 54.79% of 929
companies
in the REITs industry
Industry Median: 0.87
vs KWIPF: 0.83
During the past 12 months, Kiwi Property Group's average Book Value Per Share Growth Rate was -2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Kiwi Property Group was 5.30% per year. The lowest was -7.50% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
Kiwi Property Group (OTCPK:KWIPF) 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.
Kiwi Property Group PB Ratio Related Terms
Kiwi Property Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Kiwi Property Group'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 - Diversified subindustry, Kiwi Property Group'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.
Kiwi Property Group PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kiwi Property Group'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.
Kiwi Property Group (KWIPF) has a PB Ratio of 0.83 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 Kiwi Property Group and its competitors. This is near median its historical median of 0.87. Over the past decade, Kiwi Property Group's PB Ratio has ranged from 0.58 to 1.18. According to the industry distribution chart, Kiwi Property Group ranks #420 out of 929 companies in the REITs industry, placing it in the top 45.2%.
Is Kiwi Property Group's PB Ratio too high?
Kiwi Property Group's current PB Ratio of 0.83 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.18. The REITs industry median PB Ratio is 0.87. Kiwi Property Group's value of 0.83 is 4.6% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #420 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #420 out of 929 companies for PB Ratio. This puts Kiwi Property Group in the upper half of its industry. The industry median PB Ratio is 0.87. Kiwi Property Group's value of 0.83 is 4.6% below this benchmark. Historically, Kiwi Property Group's own PB Ratio has ranged from 0.58 to 1.18 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.87, Kiwi Property Group 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 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. Kiwi Property Group's current PB Ratio of 0.83 is 4.6% 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 Kiwi Property Group 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. Kiwi Property Group's current PB Ratio is 0.83, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.48, compared to a current price of $0.54 — trading 12.5% above its estimated fair value. The current PB Ratio is 0.83, which is near median its 10-year median of 0.87 and 4.6% below the REITs industry median of 0.87. Kiwi Property Group's overall GF Score™ is 41/100 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 Kiwi Property Group (KWIPF), the current PB Ratio is 0.83 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 Kiwi Property Group (KWIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of $0.54 is trading 12.5% above its estimated GF Value™ of $0.48.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for KWIPF:
PB Ratio: 0.83 (near median its 10-year median of 0.87)
GF Value™: $0.48 vs. price of $0.54 (12.5% above fair value)
Industry Position: 4.6% below the REITs median (#420 of 929)
No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score
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