Blue Square Real Estate (XTAE:BLSR) PB Ratio: 0.90 (As of Jul. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:BLSR Blue Square Real Estate Ltd XTAE:BLSR
78 GF Score
Price ₪313.00
GF Value ₪247.49
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Blue Square Real Estate PB Ratio?

Blue Square Real Estate XTAE:BLSR -3.16% 78 PB Ratio is 0.90 as of Jul. 14, 2026, which is 7% below its 10-year median of 0.97. GuruFocus rates XTAE:BLSR with a GF Score™ of 78/100 and a GF Value™ of ₪247.49 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,715 Real Estate companies, Blue Square Real Estate ranks worse than 54.58% 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 (2026-07-14), Blue Square Real Estate's share price is ₪313.00. Blue Square Real Estate's Book Value per Share for the quarter that ended in Mar. 2026 was ₪348.89. Hence, Blue Square Real Estate's PB Ratio of today is 0.90.

Good Sign:

Blue Square Real Estate Ltd stock PB Ratio (=0.93) is close to 2-year low of 0.84.

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

XTAE:BLSR' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.97   Max: 1.46
Current: 0.9

During the past 13 years, Blue Square Real Estate's highest PB Ratio was 1.46. The lowest was 0.55. And the median was 0.97.

XTAE:BLSR's PB Ratio is ranked worse than
54.58% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs XTAE:BLSR: 0.90

During the past 12 months, Blue Square Real Estate's average Book Value Per Share Growth Rate was 12.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blue Square Real Estate was 13.80% per year. The lowest was 5.80% per year. And the median was 8.75% per year.

Back to Basics: PB Ratio


Blue Square Real Estate  (XTAE:BLSR) 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.


Blue Square Real Estate PB Ratio Related Terms


Blue Square Real Estate PB Ratio Historical Data

* Premium members only.

The historical data trend for Blue Square Real Estate'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.

Blue Square Real Estate PB Ratio Chart

Blue Square Real Estate 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 1.23 0.84 0.84 1.11 1.14

Blue Square Real Estate 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 0.95 1.16 1.07 1.14 1.12

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

For the Real Estate Services subindustry, Blue Square Real Estate'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.


Blue Square Real Estate PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Blue Square Real Estate's PB Ratio falls into.


XTAE:BLSR
78GF Score
Blue Square Real Estate Ltd XTAE:BLSR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Square Real Estate 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.

Blue Square Real Estate's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=313.00/348.889
=0.90

* 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 0.90 mean?
Blue Square Real Estate (XTAE:BLSR) has a PB Ratio of 0.90 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blue Square Real Estate and its competitors. This is near median its historical median of 0.97. Over the past decade, Blue Square Real Estate's PB Ratio has ranged from 0.55 to 1.46. According to the industry distribution chart, Blue Square Real Estate ranks #936 out of 1715 companies in the Real Estate industry, placing it in the top 54.6%.
Is Blue Square Real Estate's PB Ratio too high?
Blue Square Real Estate's current PB Ratio of 0.90 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.46. The Real Estate industry median PB Ratio is 0.81. Blue Square Real Estate's value of 0.90 is 11.1% above this industry median. Based on the distribution chart, Blue Square Real Estate ranks #936 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Blue Square Real Estate has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blue Square Real Estate's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Blue Square Real Estate ranks #936 out of 1715 companies for PB Ratio. This places Blue Square Real Estate in the lower half of its industry. The industry median PB Ratio is 0.81. Blue Square Real Estate's value of 0.90 is 11.1% above this benchmark. Historically, Blue Square Real Estate's own PB Ratio has ranged from 0.55 to 1.46 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.81, Blue Square Real Estate 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 0.81, based on 1,715 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. Blue Square Real Estate's current PB Ratio of 0.90 is 11.1% 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 Blue Square Real Estate and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Square Real Estate's current PB Ratio is 0.90, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Square Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Blue Square Real Estate (XTAE:BLSR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪247.49, compared to a current price of ₪313.00 — trading 26.5% above its estimated fair value. The current PB Ratio is 0.90, which is near median its 10-year median of 0.97 and 11.1% above the Real Estate industry median of 0.81. Blue Square Real Estate's overall GF Score™ is 78/100 with 8 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 Blue Square Real Estate (XTAE:BLSR), the current PB Ratio is 0.90 as of Jul. 14, 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 Blue Square Real Estate (XTAE:BLSR) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Square Real Estate stock appears to be overvalued. The current stock price of ₪313.00 is trading 26.5% above its estimated GF Value™ of ₪247.49. GuruFocus considers Blue Square Real Estate to be Modestly Overvalued.

Key valuation signals for XTAE:BLSR:

  • PB Ratio: 0.90 (near median its 10-year median of 0.97)
  • GF Value™: ₪247.49 vs. price of ₪313.00 (26.5% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 11.1% above the Real Estate median (#936 of 1715)

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


Blue Square Real Estate Business Description

Address 132 Menachem Begin Road, 18th Floor, Azrieli Towers, Round Tower, Tel Aviv, ISR, 60972
Blue Square Real Estate Ltd is engaged in the development and rental of real estate properties. The company is engaged in innovation, development, and the improvement of commercial properties, shopping malls, logistics centers, and office towers. The company also undertakes residential, mixed-use, and urban renewal projects in high-demand regions.
78GF Score

Get the complete analysis for XTAE:BLSR

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

₪313.00
Price
₪247.49
GF Value