PSP Swiss Property AGXSWX:PSPN 67 PB Ratio is 1.17 as of Jun. 25, 2026, which is 6% above its 10-year median of 1.10. GuruFocus rates XSWX:PSPN with a GF Score™ of 67/100 and a GF Value™ of CHF122.47 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,711 Real Estate companies, PSP Swiss Property AG ranks worse than 65.17% on this metric.
The historical rank and industry rank for PSP Swiss Property AG's PB Ratio or its related term are showing as below:
XSWX:PSPN'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.1 Max: 1.58
Current: 1.16
During the past 13 years, PSP Swiss Property AG's highest PB Ratio was 1.58. The lowest was 0.85. And the median was 1.10.
XSWX:PSPN's PB Ratio is ranked worse than 65.17% of 1711
companies
in the Real Estate industry
Industry Median: 0.82
vs XSWX:PSPN: 1.16
During the past 12 months, PSP Swiss Property AG's average Book Value Per Share Growth Rate was 4.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PSP Swiss Property AG was 9.30% per year. The lowest was 0.20% per year. And the median was 4.50% per year.
Back to Basics: PB Ratio
PSP Swiss Property AG (XSWX:PSPN) 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, PSP Swiss Property AG'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.
PSP Swiss Property AG PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where PSP Swiss Property AG'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.
PSP Swiss Property AG (XSWX:PSPN) has a PB Ratio of 1.17 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PSP Swiss Property AG and its competitors. This is near median its historical median of 1.10. Over the past decade, PSP Swiss Property AG's PB Ratio has ranged from 0.85 to 1.58. According to the industry distribution chart, PSP Swiss Property AG ranks #1115 out of 1711 companies in the Real Estate industry, placing it in the top 65.2%.
Is PSP Swiss Property AG's PB Ratio too high?
PSP Swiss Property AG's current PB Ratio of 1.17 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.58. The Real Estate industry median PB Ratio is 0.82. PSP Swiss Property AG's value of 1.17 is 42.7% above this industry median. Based on the distribution chart, PSP Swiss Property AG ranks #1115 out of 1711 companies in the Real Estate industry, which is below the industry midpoint. Overall, PSP Swiss Property AG has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSP Swiss Property AG's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PSP Swiss Property AG ranks #1115 out of 1711 companies for PB Ratio. This places PSP Swiss Property AG in the lower half of its industry. The industry median PB Ratio is 0.82. PSP Swiss Property AG's value of 1.17 is 42.7% above this benchmark. Historically, PSP Swiss Property AG's own PB Ratio has ranged from 0.85 to 1.58 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.82, PSP Swiss Property AG 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. PSP Swiss Property AG's current PB Ratio of 1.17 is 42.7% 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 PSP Swiss Property AG 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. PSP Swiss Property AG's current PB Ratio is 1.17, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Swiss Property AG stock overvalued right now?
Based on GuruFocus' analysis, PSP Swiss Property AG (XSWX:PSPN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF122.47, compared to a current price of CHF145.70 — trading 19% above its estimated fair value. The current PB Ratio is 1.17, which is near median its 10-year median of 1.10 and 42.7% above the Real Estate industry median of 0.82. PSP Swiss Property AG's overall GF Score™ is 67/100 with 5 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 PSP Swiss Property AG (XSWX:PSPN), the current PB Ratio is 1.17 as of Jun. 25, 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 PSP Swiss Property AG (XSWX:PSPN) Overvalued in 2026?
Based on GuruFocus' analysis, PSP Swiss Property AG stock appears to be overvalued.
The current stock price of CHF145.70 is trading 19% above its estimated GF Value™ of CHF122.47.
GuruFocus considers PSP Swiss Property AG to be Modestly Overvalued.
Key valuation signals for XSWX:PSPN:
PB Ratio: 1.17 (near median its 10-year median of 1.10)
GF Value™: CHF122.47 vs. price of CHF145.70 (19% above fair value)
Industry Position: 42.7% above the Real Estate median (#1115 of 1711)
No single metric tells the full story. See the XSWX:PSPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSP Swiss Property AG is a general real estate company, with all its properties active in Switzerland. The company's operating segments are Real estate investments, Property management, and Holding. A majority of its revenue is generated from the Real estate investments segment, which comprises all properties of the Group, such as investment properties, investment properties for sale, own-used properties, development properties, as well as development projects for sale. Income in this segment is generated by the properties mainly in the form of rental income and net changes in fair value. The Property management segment includes all services and activities concerning the management of the company's real estate portfolio, and the Holding segment includes the traditional corporate functions.
67GF Score
Get the complete analysis for XSWX:PSPN
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
XSWX:PSPN has been successfully added to your 
