Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for EfTEN Real Estate Fund AS's PB Ratio or its related term are showing as below:
OTSE:EFT1T'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.04 Max: 1.4
Current: 0.99
During the past 11 years, EfTEN Real Estate Fund AS's highest PB Ratio was 1.40. The lowest was 0.80. And the median was 1.04.
OTSE:EFT1T's PB Ratio is ranked worse than 59.14% of 1713
companies
in the Real Estate industry
Industry Median: 0.82
vs OTSE:EFT1T: 0.99
During the past 12 months, EfTEN Real Estate Fund AS's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of EfTEN Real Estate Fund AS was 21.30% per year. The lowest was -0.40% per year. And the median was 6.10% 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.
EfTEN Real Estate Fund AS PB Ratio Related Terms
EfTEN Real Estate Fund AS PB Ratio Historical Data
* 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.
OTSE:EFT1T vs CBRE, BEKE, JLL: PB Ratio Comparison
For the Real Estate Services subindustry, EfTEN Real Estate Fund 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.
EfTEN Real Estate Fund AS PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, EfTEN Real Estate Fund AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where EfTEN Real Estate Fund 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.
EfTEN Real Estate Fund AS (OTSE:EFT1T) has a PB Ratio of 0.99 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on EfTEN Real Estate Fund AS and its competitors. This is near median its historical median of 1.04. Over the past decade, EfTEN Real Estate Fund AS's PB Ratio has ranged from 0.80 to 1.40. According to the industry distribution chart, EfTEN Real Estate Fund AS ranks #1013 out of 1713 companies in the Real Estate industry, placing it in the top 59.1%.
Is EfTEN Real Estate Fund AS's PB Ratio too high?
EfTEN Real Estate Fund AS's current PB Ratio of 0.99 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.40. The Real Estate industry median PB Ratio is 0.82. EfTEN Real Estate Fund AS's value of 0.99 is 20.7% above this industry median. Based on the distribution chart, EfTEN Real Estate Fund AS ranks #1013 out of 1713 companies in the Real Estate industry, which is below the industry midpoint. Overall, EfTEN Real Estate Fund AS has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EfTEN Real Estate Fund AS's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, EfTEN Real Estate Fund AS ranks #1013 out of 1713 companies for PB Ratio. This places EfTEN Real Estate Fund AS in the lower half of its industry. The industry median PB Ratio is 0.82. EfTEN Real Estate Fund AS's value of 0.99 is 20.7% above this benchmark. Historically, EfTEN Real Estate Fund AS's own PB Ratio has ranged from 0.80 to 1.40 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.82, EfTEN Real Estate Fund AS 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 1,713 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. EfTEN Real Estate Fund AS's current PB Ratio of 0.99 is 20.7% 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 EfTEN Real Estate Fund AS 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. EfTEN Real Estate Fund AS's current PB Ratio is 0.99, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EfTEN Real Estate Fund AS stock overvalued right now?
Based on GuruFocus' analysis, EfTEN Real Estate Fund AS (OTSE:EFT1T) is currently considered Fairly Valued. The stock's GF Value™ is €19.32, compared to a current price of €19.65 — trading 1.7% above its estimated fair value. The current PB Ratio is 0.99, which is near median its 10-year median of 1.04 and 20.7% above the Real Estate industry median of 0.82. EfTEN Real Estate Fund AS's overall GF Score™ is 81/100 with 8 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 EfTEN Real Estate Fund AS (OTSE:EFT1T), the current PB Ratio is 0.99 as of Aug. 14, 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 EfTEN Real Estate Fund AS (OTSE:EFT1T) Overvalued in 2026?
Based on GuruFocus' analysis, EfTEN Real Estate Fund AS stock appears to be overvalued.
The current stock price of €19.65 is trading 1.7% above its estimated GF Value™ of €19.32.
GuruFocus considers EfTEN Real Estate Fund AS to be Fairly Valued.
Key valuation signals for OTSE:EFT1T:
PB Ratio: 0.99 (near median its 10-year median of 1.04)
GF Value™: €19.32 vs. price of €19.65 (1.7% above fair value)
Industry Position: 20.7% above the Real Estate median (#1013 of 1713)
No single metric tells the full story. See the OTSE:EFT1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EfTEN Real Estate Fund AS is a closed alternative investment fund. The company invests in commercial real estate that generates cash flow in the Baltic states. It has five business segments (office, logistics, trade, nursing homes, hotels) and three geographical segments (Estonia, Latvia, Lithuania). It generates a majority of its revenue from Retail segment. Geographically, the company generates a majority of its revenue from Estonia.
81GF Score
Get the complete analysis for OTSE:EFT1T
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OTSE:EFT1T has been successfully added to your 
