IES Holdings (XTAE:IES) PB Ratio: 2.39 (As of Jul. 20, 2026) — 71% Above Median

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Founder & CEO of GuruFocus
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XTAE:IES IES Holdings Ltd XTAE:IES
63 GF Score
Price ₪792.60
GF Value ₪317.16
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is IES Holdings PB Ratio?

IES Holdings XTAE:IES -1.88% 63 PB Ratio is 2.39 as of Jul. 20, 2026, which is 71% above its 10-year median of 1.40. GuruFocus rates XTAE:IES with a GF Score™ of 63/100 and a GF Value™ of ₪317.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,716 Real Estate companies, IES Holdings ranks worse than 85.84% 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 (2026-07-20), IES Holdings's share price is ₪792.60. IES Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was ₪331.15. Hence, IES Holdings's PB Ratio of today is 2.39.

Warning Sign:

IES Holdings Ltd stock PB Ratio (=2.39) is close to 10-year high of 2.39.

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

XTAE:IES' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.4   Max: 2.39
Current: 2.39

During the past 13 years, IES Holdings's highest PB Ratio was 2.39. The lowest was 0.69. And the median was 1.40.

XTAE:IES's PB Ratio is ranked worse than
85.84% of 1716 companies
in the Real Estate industry
Industry Median: 0.82 vs XTAE:IES: 2.39

During the past 12 months, IES Holdings's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IES Holdings was 56.60% per year. The lowest was 4.30% per year. And the median was 16.20% per year.

Back to Basics: PB Ratio


IES Holdings  (XTAE:IES) 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.


IES Holdings PB Ratio Related Terms


IES Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for IES Holdings'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.

IES Holdings PB Ratio Chart

IES Holdings 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 1.38 0.96 0.94 0.90 1.26

IES Holdings 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 0.75 0.84 0.99 1.26 1.66

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

For the Real Estate Services subindustry, IES Holdings'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.


IES Holdings PB Ratio vs Real Estate Industry

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

* The bar in red indicates where IES Holdings's PB Ratio falls into.


XTAE:IES
63GF Score
IES Holdings Ltd XTAE:IES
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IES Holdings 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.

IES Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=792.60/331.152
=2.39

* 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 2.39 mean?
IES Holdings (XTAE:IES) has a PB Ratio of 2.39 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IES Holdings and its competitors. This is 71% above median its historical median of 1.40. Over the past decade, IES Holdings' PB Ratio has ranged from 0.69 to 2.39. According to the industry distribution chart, IES Holdings ranks #1473 out of 1716 companies in the Real Estate industry, placing it in the top 85.8%.
Is IES Holdings' PB Ratio too high?
IES Holdings' current PB Ratio of 2.39 is 71% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.39. The Real Estate industry median PB Ratio is 0.82. IES Holdings' value of 2.39 is 191.5% above this industry median. Based on the distribution chart, IES Holdings ranks #1473 out of 1716 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, IES Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IES Holdings' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, IES Holdings ranks #1473 out of 1716 companies for PB Ratio. This places IES Holdings in the lower half of its industry. The industry median PB Ratio is 0.82. IES Holdings' value of 2.39 is 191.5% above this benchmark. Historically, IES Holdings' own PB Ratio has ranged from 0.69 to 2.39 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 0.82, IES Holdings 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 1,716 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. IES Holdings's current PB Ratio of 2.39 is 191.5% 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 IES Holdings 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. IES Holdings's current PB Ratio is 2.39, which is 71% above 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 IES Holdings stock overvalued right now?
Based on GuruFocus' analysis, IES Holdings (XTAE:IES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪317.16, compared to a current price of ₪792.60 — trading 149.9% above its estimated fair value. The current PB Ratio is 2.39, which is 71% above median its 10-year median of 1.40 and 191.5% above the Real Estate industry median of 0.82. IES Holdings' overall GF Score™ is 63/100 with 6 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 IES Holdings (XTAE:IES), the current PB Ratio is 2.39 as of Jul. 20, 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 IES Holdings (XTAE:IES) Overvalued in 2026?

Based on GuruFocus' analysis, IES Holdings stock appears to be overvalued. The current stock price of ₪792.60 is trading 149.9% above its estimated GF Value™ of ₪317.16. GuruFocus considers IES Holdings to be Significantly Overvalued.

Key valuation signals for XTAE:IES:

  • PB Ratio: 2.39 (71% above median its 10-year median of 1.40)
  • GF Value™: ₪317.16 vs. price of ₪792.60 (149.9% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 191.5% above the Real Estate median (#1473 of 1716)

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


IES Holdings Business Description

Address 33 Montefiore Street, Tel Aviv, ISR, 65201
IES Holdings Ltd is an investment and holding group principally engaged in real estate investment and leasing, including key projects such as the Palmachim Industrial Park in Israel and international real estate like Aloha Royal in Marbella, Spain.
63GF Score

Get the complete analysis for XTAE:IES

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

₪792.60
Price
₪317.16
GF Value