Varia US PropertiesXSWX:VARN 41 PB Ratio is 0.56 as of Jul. 02, 2026, which is 32% below its 10-year median of 0.82. GuruFocus rates XSWX:VARN with a GF Score™ of 41/100 and a GF Value™ of CHF22.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,712 Real Estate companies, Varia US Properties ranks better than 66.71% on this metric.
The historical rank and industry rank for Varia US Properties's PB Ratio or its related term are showing as below:
XSWX:VARN'
s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.82 Max: 1.18
Current: 0.56
During the past 10 years, Varia US Properties's highest PB Ratio was 1.18. The lowest was 0.51. And the median was 0.82.
XSWX:VARN's PB Ratio is ranked better than 66.71% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs XSWX:VARN: 0.56
During the past 12 months, Varia US Properties's average Book Value Per Share Growth Rate was -18.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.70% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Varia US Properties was 15.10% per year. The lowest was -23.20% per year. And the median was 0.20% per year.
Back to Basics: PB Ratio
Varia US Properties (XSWX:VARN) 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.
Varia US Properties PB Ratio Related Terms
Varia US Properties PB Ratio Historical Data
* Premium members only.
The historical data trend for Varia US Properties'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.
For the Real Estate Services subindustry, Varia US Properties'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.
Varia US Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Varia US Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Varia US Properties'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.
Varia US Properties (XSWX:VARN) has a PB Ratio of 0.56 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Varia US Properties and its competitors. This is 32% below median its historical median of 0.82. Over the past decade, Varia US Properties' PB Ratio has ranged from 0.51 to 1.18. According to the industry distribution chart, Varia US Properties ranks #570 out of 1712 companies in the Real Estate industry, placing it in the top 33.3%.
Is Varia US Properties' PB Ratio too high?
Varia US Properties' current PB Ratio of 0.56 is 32% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.18. The Real Estate industry median PB Ratio is 0.82. Varia US Properties' value of 0.56 is 31.7% below this industry median. Based on the distribution chart, Varia US Properties ranks #570 out of 1712 companies in the Real Estate industry, which is above the industry midpoint. Overall, Varia US Properties has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Varia US Properties' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Varia US Properties ranks #570 out of 1712 companies for PB Ratio. This puts Varia US Properties in the upper half of its industry. The industry median PB Ratio is 0.82. Varia US Properties' value of 0.56 is 31.7% below this benchmark. Historically, Varia US Properties' own PB Ratio has ranged from 0.51 to 1.18 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.82, Varia US Properties 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 0.82, 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. Varia US Properties's current PB Ratio of 0.56 is 31.7% 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 Varia US Properties 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. Varia US Properties's current PB Ratio is 0.56, which is 32% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia US Properties stock overvalued right now?
Based on GuruFocus' analysis, Varia US Properties (XSWX:VARN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF22.11, compared to a current price of CHF13.80 — trading 37.6% below its estimated fair value. The current PB Ratio is 0.56, which is 32% below median its 10-year median of 0.82 and 31.7% below the Real Estate industry median of 0.82. Varia US Properties' overall GF Score™ is 41/100 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 Varia US Properties (XSWX:VARN), the current PB Ratio is 0.56 as of Jul. 02, 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 Varia US Properties (XSWX:VARN) Overvalued in 2026?
Based on GuruFocus' analysis, Varia US Properties stock appears to be undervalued.
The current stock price of CHF13.80 is trading 37.6% below its estimated GF Value™ of CHF22.11.
GuruFocus considers Varia US Properties to be Possible Value Trap.
Key valuation signals for XSWX:VARN:
PB Ratio: 0.56 (32% below median its 10-year median of 0.82)
GF Value™: CHF22.11 vs. price of CHF13.80 (37.6% below fair value)
Industry Position: 31.7% below the Real Estate median (#570 of 1712)
No single metric tells the full story. See the XSWX:VARN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. The majority of revenue comes from Rental income.
41GF Score
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