AX Real EstateMAL:AXR 29 PB Ratio is 0.89 as of Jun. 26, 2026, which is 3% above its 10-year median of 0.86. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.81 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,712 Real Estate companies, AX Real Estate ranks worse than 53.68% 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), AX Real Estate's share price is €0.49. AX Real Estate's Book Value per Share for the quarter that ended in Oct. 2025 was €0.55. Hence, AX Real Estate's PB Ratio of today is 0.89.
Warning Sign:
AX Real Estate PLC stock PB Ratio (=0.89) is close to 1-year high of 0.9.
The historical rank and industry rank for AX Real Estate's PB Ratio or its related term are showing as below:
MAL:AXR'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.86 Max: 1.05
Current: 0.89
During the past 4 years, AX Real Estate's highest PB Ratio was 1.05. The lowest was 0.54. And the median was 0.86.
MAL:AXR's PB Ratio is ranked worse than 53.68% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs MAL:AXR: 0.89
During the past 12 months, AX Real Estate's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of AX Real Estate was -1.00% per year. The lowest was -1.00% per year. And the median was -1.00% 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.
AX Real Estate PB Ratio Related Terms
AX Real Estate PB Ratio Historical Data
* Premium members only.
The historical data trend for AX Real Estate'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 Real Estate - Diversified subindustry, AX Real Estate'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.
AX Real Estate PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AX Real Estate's PB Ratio distribution charts can be found below:
* The bar in red indicates where AX Real Estate'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.
AX Real Estate's PB Ratio for today is calculated as follows:
* 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.
AX Real Estate (MAL:AXR) has a PB Ratio of 0.89 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 AX Real Estate and its competitors. This is near median its historical median of 0.86. Over the past decade, AX Real Estate's PB Ratio has ranged from 0.54 to 1.05. According to the industry distribution chart, AX Real Estate ranks #919 out of 1712 companies in the Real Estate industry, placing it in the top 53.7%.
Is AX Real Estate's PB Ratio too high?
AX Real Estate's current PB Ratio of 0.89 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.05. The Real Estate industry median PB Ratio is 0.82. AX Real Estate's value of 0.89 is 8.5% above this industry median. Based on the distribution chart, AX Real Estate ranks #919 out of 1712 companies in the Real Estate industry, which is below the industry midpoint. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, AX Real Estate ranks #919 out of 1712 companies for PB Ratio. This places AX Real Estate in the lower half of its industry. The industry median PB Ratio is 0.82. AX Real Estate's value of 0.89 is 8.5% above this benchmark. Historically, AX Real Estate's own PB Ratio has ranged from 0.54 to 1.05 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.82, AX Real Estate 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 0.82, 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. AX Real Estate's current PB Ratio of 0.89 is 8.5% 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 AX Real Estate 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. AX Real Estate's current PB Ratio is 0.89, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.81, compared to a current price of €0.49 — trading 39.5% below its estimated fair value. The current PB Ratio is 0.89, which is near median its 10-year median of 0.86 and 8.5% above the Real Estate industry median of 0.82. AX Real Estate's overall GF Score™ is 29/100 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 AX Real Estate (MAL:AXR), the current PB Ratio is 0.89 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 AX Real Estate (MAL:AXR) Overvalued in 2026?
Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued.
The current stock price of €0.49 is trading 39.5% below its estimated GF Value™ of €0.81.
GuruFocus considers AX Real Estate to be Possible Value Trap.
Key valuation signals for MAL:AXR:
PB Ratio: 0.89 (near median its 10-year median of 0.86)
GF Value™: €0.81 vs. price of €0.49 (39.5% below fair value)
Industry Position: 8.5% above the Real Estate median (#919 of 1712)
No single metric tells the full story. See the MAL:AXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
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