Letus Capital (WAR:LET) PB Ratio: 4.32 (As of Jun. 26, 2026) — 26% Below Median


WAR:LET Letus Capital SA WAR:LET
43 GF Score
Price zł0.16
GF Value zł1.15
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Letus Capital PB Ratio?

Letus Capital WAR:LET 43 PB Ratio is 4.32 as of Jun. 26, 2026, which is 26% below its 10-year median of 5.80. GuruFocus rates WAR:LET with a GF Score™ of 43/100 and a GF Value™ of zł1.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,711 Real Estate companies, Letus Capital ranks worse than 94.45% 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), Letus Capital's share price is zł0.16. Letus Capital's Book Value per Share for the quarter that ended in Mar. 2026 was zł0.04. Hence, Letus Capital's PB Ratio of today is 4.32.

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

WAR:LET' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 5.8   Max: 65.41
Current: 4.33

During the past 13 years, Letus Capital's highest PB Ratio was 65.41. The lowest was 0.19. And the median was 5.80.

WAR:LET's PB Ratio is ranked worse than
94.45% of 1711 companies
in the Real Estate industry
Industry Median: 0.82 vs WAR:LET: 4.33

During the past 12 months, Letus Capital's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -23.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Letus Capital was 18.80% per year. The lowest was -42.50% per year. And the median was -17.90% per year.

Back to Basics: PB Ratio


Letus Capital  (WAR:LET) 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.


Letus Capital PB Ratio Related Terms


Letus Capital PB Ratio Historical Data

* Premium members only.

The historical data trend for Letus Capital'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.

Letus Capital PB Ratio Chart

Letus Capital 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 8.24 16.08 26.56 8.97 8.72

Letus Capital 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 25.79 29.21 28.68 8.72 26.76

WAR:LET vs CBRE, BEKE, CSGP: PB Ratio Comparison

For the Real Estate Services subindustry, Letus Capital'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.


Letus Capital PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Letus Capital's PB Ratio falls into.


WAR:LET
43GF Score
Letus Capital SA WAR:LET
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Letus Capital 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.

Letus Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.16/0.037
=4.32

* 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 4.32 mean?
Letus Capital (WAR:LET) has a PB Ratio of 4.32 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 Letus Capital and its competitors. This is 26% below median its historical median of 5.80. Over the past decade, Letus Capital's PB Ratio has ranged from 0.19 to 65.41. According to the industry distribution chart, Letus Capital ranks #1616 out of 1711 companies in the Real Estate industry, placing it in the top 94.4%.
Is Letus Capital's PB Ratio too high?
Letus Capital's current PB Ratio of 4.32 is 26% below median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 65.41. The Real Estate industry median PB Ratio is 0.82. Letus Capital's value of 4.32 is 426.8% above this industry median. Based on the distribution chart, Letus Capital ranks #1616 out of 1711 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Letus Capital has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Letus Capital's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Letus Capital ranks #1616 out of 1711 companies for PB Ratio. This places Letus Capital in the lower half of its industry. The industry median PB Ratio is 0.82. Letus Capital's value of 4.32 is 426.8% above this benchmark. Historically, Letus Capital's own PB Ratio has ranged from 0.19 to 65.41 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 0.82, Letus Capital 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 1,711 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. Letus Capital's current PB Ratio of 4.32 is 426.8% 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 Letus Capital 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. Letus Capital's current PB Ratio is 4.32, which is 26% below median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Letus Capital stock overvalued right now?
Based on GuruFocus' analysis, Letus Capital (WAR:LET) is currently considered Possible Value Trap. The stock's GF Value™ is zł1.15, compared to a current price of zł0.16 — trading 86.1% below its estimated fair value. The current PB Ratio is 4.32, which is 26% below median its 10-year median of 5.80 and 426.8% above the Real Estate industry median of 0.82. Letus Capital's overall GF Score™ is 43/100 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 Letus Capital (WAR:LET), the current PB Ratio is 4.32 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 Letus Capital (WAR:LET) Overvalued in 2026?

Based on GuruFocus' analysis, Letus Capital stock appears to be undervalued. The current stock price of zł0.16 is trading 86.1% below its estimated GF Value™ of zł1.15. GuruFocus considers Letus Capital to be Possible Value Trap.

Key valuation signals for WAR:LET:

  • PB Ratio: 4.32 (26% below median its 10-year median of 5.80)
  • GF Value™: zł1.15 vs. price of zł0.16 (86.1% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 426.8% above the Real Estate median (#1616 of 1711)

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


Letus Capital Business Description

Address Al. Jerozolimskie 85/21, Warsaw, POL, 02-001
Letus Capital SA core business is the real estate market, focusing on long-term commercial rentals and short-term rentals, including hotels and guesthouses. The company also through its subsidiaries engaged in transportation and construction services.
43GF Score

Get the complete analysis for WAR:LET

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

zł0.16
Price
zł1.15
GF Value