Argo Properties NV (XTAE:ARGO) PB Ratio: 1.50 (As of Aug. 17, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

XTAE:ARGO Argo Properties NV XTAE:ARGO
84 GF Score
Price ₪119.30
GF Value ₪150.67
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Argo Properties NV PB Ratio?

Argo Properties NV XTAE:ARGO +1.97% 84 PB Ratio is 1.50 as of Aug. 17, 2026, which is 7% above its 10-year median of 1.40. GuruFocus rates XTAE:ARGO with a GF Score™ of 84/100 and a GF Value™ of ₪150.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,717 Real Estate companies, Argo Properties NV ranks worse than 74.9% 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 (2026-08-17), Argo Properties NV's share price is ₪119.30. Argo Properties NV's Book Value per Share for the quarter that ended in Mar. 2026 was ₪79.30. Hence, Argo Properties NV's PB Ratio of today is 1.50.

Good Sign:

Argo Properties NV stock PB Ratio (=1.51) is close to 2-year low of 1.43.

The historical rank and industry rank for Argo Properties NV's PB Ratio or its related term are showing as below:

XTAE:ARGO' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.4   Max: 1.93
Current: 1.51

During the past 7 years, Argo Properties NV's highest PB Ratio was 1.93. The lowest was 0.70. And the median was 1.40.

XTAE:ARGO's PB Ratio is ranked worse than
74.9% of 1717 companies
in the Real Estate industry
Industry Median: 0.82 vs XTAE:ARGO: 1.51

During the past 12 months, Argo Properties NV's average Book Value Per Share Growth Rate was 18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Argo Properties NV was 20.80% per year. The lowest was -6.00% per year. And the median was 4.60% per year.

Back to Basics: PB Ratio


Argo Properties NV  (XTAE:ARGO) 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.


Argo Properties NV PB Ratio Related Terms


Argo Properties NV PB Ratio Historical Data

* Premium members only.

The historical data trend for Argo Properties NV'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.

Argo Properties NV PB Ratio Chart

Argo Properties NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.54 1.12 1.17 1.58 1.63

Argo Properties NV 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 1.49 1.71 1.66 1.63 1.63

XTAE:ARGO vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Argo Properties NV'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.


Argo Properties NV PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Argo Properties NV's PB Ratio falls into.


XTAE:ARGO
84GF Score
Argo Properties NV XTAE:ARGO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Properties NV 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.

Argo Properties NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=119.30/79.303
=1.50

* 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 1.50 mean?
Argo Properties NV (XTAE:ARGO) has a PB Ratio of 1.50 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Argo Properties NV and its competitors. This is near median its historical median of 1.40. Over the past decade, Argo Properties NV's PB Ratio has ranged from 0.70 to 1.93. According to the industry distribution chart, Argo Properties NV ranks #1286 out of 1717 companies in the Real Estate industry, placing it in the top 74.9%.
Is Argo Properties NV's PB Ratio too high?
Argo Properties NV's current PB Ratio of 1.50 is near median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.93. The Real Estate industry median PB Ratio is 0.82. Argo Properties NV's value of 1.50 is 82.9% above this industry median. Based on the distribution chart, Argo Properties NV ranks #1286 out of 1717 companies in the Real Estate industry, which is below the industry midpoint. Overall, Argo Properties NV has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argo Properties NV's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Argo Properties NV ranks #1286 out of 1717 companies for PB Ratio. This places Argo Properties NV in the lower half of its industry. The industry median PB Ratio is 0.82. Argo Properties NV's value of 1.50 is 82.9% above this benchmark. Historically, Argo Properties NV's own PB Ratio has ranged from 0.70 to 1.93 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 0.82, Argo Properties NV 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 1,717 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. Argo Properties NV's current PB Ratio of 1.50 is 82.9% 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 Argo Properties NV 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. Argo Properties NV's current PB Ratio is 1.50, which is near median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Properties NV stock overvalued right now?
Based on GuruFocus' analysis, Argo Properties NV (XTAE:ARGO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪150.67, compared to a current price of ₪119.30 — trading 20.8% below its estimated fair value. The current PB Ratio is 1.50, which is near median its 10-year median of 1.40 and 82.9% above the Real Estate industry median of 0.82. Argo Properties NV's overall GF Score™ is 84/100 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 Argo Properties NV (XTAE:ARGO), the current PB Ratio is 1.50 as of Aug. 17, 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 Argo Properties NV (XTAE:ARGO) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Properties NV stock appears to be undervalued. The current stock price of ₪119.30 is trading 20.8% below its estimated GF Value™ of ₪150.67. GuruFocus considers Argo Properties NV to be Modestly Undervalued.

Key valuation signals for XTAE:ARGO:

  • PB Ratio: 1.50 (near median its 10-year median of 1.40)
  • GF Value™: ₪150.67 vs. price of ₪119.30 (20.8% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 82.9% above the Real Estate median (#1286 of 1717)

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


Argo Properties NV Business Description

Address Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107
Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.
84GF Score

Get the complete analysis for XTAE:ARGO

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

₪119.30
Price
₪150.67
GF Value