Real Matters (TSX:REAL) PB Ratio: 3.27 (As of Jun. 27, 2026) — Near Median


TSX:REAL Real Matters Inc TSX:REAL
74 GF Score
Price C$5.37
GF Value C$6.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Real Matters PB Ratio?

Real Matters TSX:REAL +2.29% 74 PB Ratio is 3.27 as of Jun. 27, 2026, which is 4% above its 10-year median of 3.15. GuruFocus rates TSX:REAL with a GF Score™ of 74/100 and a GF Value™ of C$6.26 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,712 Real Estate companies, Real Matters ranks worse than 90.19% 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 (2026-06-27), Real Matters's share price is C$5.37. Real Matters's Book Value per Share for the quarter that ended in Mar. 2026 was C$1.64. Hence, Real Matters's PB Ratio of today is 3.27.

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

TSX:REAL' s PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3.15   Max: 10.72
Current: 3.27

During the past 12 years, Real Matters's highest PB Ratio was 10.72. The lowest was 1.30. And the median was 3.15.

TSX:REAL's PB Ratio is ranked worse than
90.19% of 1712 companies
in the Real Estate industry
Industry Median: 0.82 vs TSX:REAL: 3.27

During the past 12 months, Real Matters's average Book Value Per Share Growth Rate was -22.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% 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 3.80% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Real Matters was 52.50% per year. The lowest was -13.80% per year. And the median was -3.45% per year.

Back to Basics: PB Ratio


Real Matters  (TSX:REAL) 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.


Real Matters PB Ratio Related Terms


Real Matters PB Ratio Historical Data

* Premium members only.

The historical data trend for Real Matters'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.

Real Matters PB Ratio Chart

Real Matters Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 2.25 2.99 4.31 4.31

Real Matters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.73 2.73 4.31 3.49 3.47

TSX:REAL vs CBRE, BEKE: PB Ratio Comparison

For the Real Estate Services subindustry, Real Matters'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.


Real Matters PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Real Matters's PB Ratio falls into.


TSX:REAL
74GF Score
Real Matters Inc TSX:REAL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Matters 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.

Real Matters's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.37/1.644
=3.27

* 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 3.27 mean?
Real Matters (TSX:REAL) has a PB Ratio of 3.27 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Real Matters and its competitors. This is near median its historical median of 3.15. Over the past decade, Real Matters' PB Ratio has ranged from 1.30 to 10.72. According to the industry distribution chart, Real Matters ranks #1544 out of 1712 companies in the Real Estate industry, placing it in the top 90.2%.
Is Real Matters' PB Ratio too high?
Real Matters' current PB Ratio of 3.27 is near median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 10.72. The Real Estate industry median PB Ratio is 0.82. Real Matters' value of 3.27 is 298.8% above this industry median. Based on the distribution chart, Real Matters ranks #1544 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Real Matters has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Matters' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Matters ranks #1544 out of 1712 companies for PB Ratio. This places Real Matters in the lower half of its industry. The industry median PB Ratio is 0.82. Real Matters' value of 3.27 is 298.8% above this benchmark. Historically, Real Matters' own PB Ratio has ranged from 1.30 to 10.72 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 0.82, Real Matters 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. Real Matters's current PB Ratio of 3.27 is 298.8% 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 Real Matters 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. Real Matters's current PB Ratio is 3.27, which is near median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Matters stock overvalued right now?
Based on GuruFocus' analysis, Real Matters (TSX:REAL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.26, compared to a current price of C$5.37 — trading 14.2% below its estimated fair value. The current PB Ratio is 3.27, which is near median its 10-year median of 3.15 and 298.8% above the Real Estate industry median of 0.82. Real Matters' overall GF Score™ is 74/100 with 2 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 Real Matters (TSX:REAL), the current PB Ratio is 3.27 as of Jun. 27, 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 Real Matters (TSX:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Matters stock appears to be undervalued. The current stock price of C$5.37 is trading 14.2% below its estimated GF Value™ of C$6.26. GuruFocus considers Real Matters to be Modestly Undervalued.

Key valuation signals for TSX:REAL:

  • PB Ratio: 3.27 (near median its 10-year median of 3.15)
  • GF Value™: C$6.26 vs. price of C$5.37 (14.2% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 298.8% above the Real Estate median (#1544 of 1712)

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


Real Matters Business Description

Other Exchanges RLLMF:USAR3E:Germany
Address 50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
74GF Score

Get the complete analysis for TSX:REAL

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

C$5.37
Price
C$6.26
GF Value