Baltic Sea Properties AS stock PB Ratio (=0.66) is close to 10-year low of 0.62.
The historical rank and industry rank for Baltic Sea Properties AS's PB Ratio or its related term are showing as below:
OSL:BALT'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.9 Max: 2.21
Current: 0.66
During the past 12 years, Baltic Sea Properties AS's highest PB Ratio was 2.21. The lowest was 0.62. And the median was 0.90.
OSL:BALT's PB Ratio is ranked better than 59.91% of 1711
companies
in the Real Estate industry
Industry Median: 0.83
vs OSL:BALT: 0.66
During the past 12 months, Baltic Sea Properties AS's average Book Value Per Share Growth Rate was 2.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Baltic Sea Properties AS was 30.60% per year. The lowest was -6.10% per year. And the median was 9.90% per year.
Back to Basics: PB Ratio
Baltic Sea Properties AS (OSL:BALT) 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.
* 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 Services subindustry, Baltic Sea Properties AS'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.
Baltic Sea Properties AS PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Baltic Sea Properties AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Baltic Sea Properties AS'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.
Baltic Sea Properties AS (OSL:BALT) has a PB Ratio of 0.66 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 Baltic Sea Properties AS and its competitors. This is 27% below median its historical median of 0.90. Over the past decade, Baltic Sea Properties AS's PB Ratio has ranged from 0.62 to 2.21. According to the industry distribution chart, Baltic Sea Properties AS ranks #686 out of 1711 companies in the Real Estate industry, placing it in the top 40.1%.
Is Baltic Sea Properties AS's PB Ratio too high?
Baltic Sea Properties AS's current PB Ratio of 0.66 is 27% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.21. The Real Estate industry median PB Ratio is 0.83. Baltic Sea Properties AS's value of 0.66 is 20.5% below this industry median. Based on the distribution chart, Baltic Sea Properties AS ranks #686 out of 1711 companies in the Real Estate industry, which is above the industry midpoint. Overall, Baltic Sea Properties AS has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baltic Sea Properties AS's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Baltic Sea Properties AS ranks #686 out of 1711 companies for PB Ratio. This puts Baltic Sea Properties AS in the upper half of its industry. The industry median PB Ratio is 0.83. Baltic Sea Properties AS's value of 0.66 is 20.5% below this benchmark. Historically, Baltic Sea Properties AS's own PB Ratio has ranged from 0.62 to 2.21 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.83, Baltic Sea Properties AS 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.83, based on 1,711 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. Baltic Sea Properties AS's current PB Ratio of 0.66 is 20.5% 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 Baltic Sea Properties AS and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baltic Sea Properties AS's current PB Ratio is 0.66, which is 27% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baltic Sea Properties AS stock overvalued right now?
Based on GuruFocus' analysis, Baltic Sea Properties AS (OSL:BALT) is currently considered Fairly Valued. The stock's GF Value™ is kr49.28, compared to a current price of kr47.00 — trading 4.6% below its estimated fair value. The current PB Ratio is 0.66, which is 27% below median its 10-year median of 0.90 and 20.5% below the Real Estate industry median of 0.83. Baltic Sea Properties AS's overall GF Score™ is 72/100 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 Baltic Sea Properties AS (OSL:BALT), the current PB Ratio is 0.66 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 Baltic Sea Properties AS (OSL:BALT) Overvalued in 2026?
Based on GuruFocus' analysis, Baltic Sea Properties AS stock appears to be undervalued.
The current stock price of kr47.00 is trading 4.6% below its estimated GF Value™ of kr49.28.
GuruFocus considers Baltic Sea Properties AS to be Fairly Valued.
Key valuation signals for OSL:BALT:
PB Ratio: 0.66 (27% below median its 10-year median of 0.90)
GF Value™: kr49.28 vs. price of kr47.00 (4.6% below fair value)
Industry Position: 20.5% below the Real Estate median (#686 of 1711)
No single metric tells the full story. See the OSL:BALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baltic Sea Properties AS is a Norwegian based open-ended and fully integrated investment company. The company acquires, invests, develops, rents, and realizes commercial real estate properties focusing on logistics, industrial, and retail segments. The company's operations consist of the acquisition, development, and letting of investment properties in Lithuania and some related businesses. It owns, develops, and manages commercial real estate in the Baltics.
72GF Score
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