NIUWF (NSI NV) PB Ratio: 0.51 (As of Jul. 16, 2026) — 31% Below Median

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Director of Data and Quant Analytics at GuruFocus
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NIUWF NSI NV NIUWF
57 GF Score
Price $19.75
GF Value $22.87
! 3 Warning Signs
View Full Analysis

What is NSI NV PB Ratio?

NSI NV NIUWF -4.82% 57 PB Ratio is 0.51 as of Jul. 16, 2026, which is 31% below its 10-year median of 0.74. GuruFocus rates NIUWF with a GF Score™ of 57/100 and a GF Value™ of $22.87. The stock has 3 warning signs investors should review. Among 922 REITs companies, NSI NV ranks better than 82.97% 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 (2026-07-16), NSI NV's share price is $19.75. NSI NV's Book Value per Share for the quarter that ended in Dec. 2025 was $38.44. Hence, NSI NV's PB Ratio of today is 0.51.

Good Sign:

NSI NV stock PB Ratio (=0.54) is close to 2-year low of 0.51.

The historical rank and industry rank for NSI NV's PB Ratio or its related term are showing as below:

NIUWF' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.74   Max: 1.11
Current: 0.54

During the past 13 years, NSI NV's highest PB Ratio was 1.11. The lowest was 0.38. And the median was 0.74.

NIUWF's PB Ratio is ranked better than
82.97% of 922 companies
in the REITs industry
Industry Median: 0.86 vs NIUWF: 0.54

During the past 12 months, NSI NV's average Book Value Per Share Growth Rate was -6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NSI NV was 12.30% per year. The lowest was -30.10% per year. And the median was -7.65% per year.

Back to Basics: PB Ratio


NSI NV  (OTCPK:NIUWF) 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.


NSI NV PB Ratio Related Terms


NSI NV PB Ratio Historical Data

* Premium members only.

The historical data trend for NSI NV'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.

NSI NV PB Ratio Chart

NSI NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.50 0.61 0.64 0.67

NSI NV 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 0.61 0.62 0.64 0.66 0.67

NIUWF vs BXP, ARE, VNO: PB Ratio Comparison

For the REIT - Office subindustry, NSI NV'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.


NSI NV PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, NSI NV's PB Ratio distribution charts can be found below:

* The bar in red indicates where NSI NV's PB Ratio falls into.


NIUWF
57GF Score
NSI NV NIUWF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NSI NV 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.

NSI NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=19.75/38.438
=0.51

* 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 0.51 mean?
NSI NV (NIUWF) has a PB Ratio of 0.51 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NSI NV and its competitors. This is 31% below median its historical median of 0.74. Over the past decade, NSI NV's PB Ratio has ranged from 0.38 to 1.11. According to the industry distribution chart, NSI NV ranks #157 out of 922 companies in the REITs industry, placing it in the top 17%.
Is NSI NV's PB Ratio too high?
NSI NV's current PB Ratio of 0.51 is 31% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.11. The REITs industry median PB Ratio is 0.86. NSI NV's value of 0.51 is 40.7% below this industry median. Based on the distribution chart, NSI NV ranks #157 out of 922 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NSI NV has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does NSI NV's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, NSI NV ranks #157 out of 922 companies for PB Ratio. This places NSI NV in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. NSI NV's value of 0.51 is 40.7% below this benchmark. Historically, NSI NV's own PB Ratio has ranged from 0.38 to 1.11 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.86, NSI NV 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 0.86, based on 922 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. NSI NV's current PB Ratio of 0.51 is 40.7% 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 NSI NV and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSI NV's current PB Ratio is 0.51, which is 31% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSI NV stock overvalued right now?
NSI NV (NIUWF) has a current PB Ratio of 0.51. The stock's GF Value™ is $22.87, compared to a current price of $19.75 — trading 13.6% below its estimated fair value. The current PB Ratio is 0.51, which is 31% below median its 10-year median of 0.74 and 40.7% below the REITs industry median of 0.86. NSI NV's overall GF Score™ is 57/100 with 3 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 NSI NV (NIUWF), the current PB Ratio is 0.51 as of Jul. 16, 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 NSI NV (NIUWF) Overvalued in 2026?

Based on GuruFocus' analysis, NSI NV stock appears to be undervalued. The current stock price of $19.75 is trading 13.6% below its estimated GF Value™ of $22.87.

Key valuation signals for NIUWF:

  • PB Ratio: 0.51 (31% below median its 10-year median of 0.74)
  • GF Value™: $22.87 vs. price of $19.75 (13.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 40.7% below the REITs median (#157 of 922)

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


NSI NV Business Description

Industry Real EstateREITs
Address Hoogoorddreef 62, Amsterdam, NLD, 1101 BE
NSI NV is a real estate investment trust. The company invests in commercial properties with its portfolio of income-producing assets, including shopping centers, high street retail, neighborhood centers, and retail parks.
57GF Score

Get the complete analysis for NIUWF

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

$19.75
Price
$22.87
GF Value