Balkan and Sea Properties Reit-Varna (XBUL:BSP) PS Ratio: 43.48 (As of Jul. 18, 2026) — 82% Below Median

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XBUL:BSP Balkan and Sea Properties Reit-Varna XBUL:BSP
57 GF Score
Price €13.00
GF Value €148.12
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Balkan and Sea Properties Reit-Varna PS Ratio?

Balkan and Sea Properties Reit-Varna XBUL:BSP 57 PS Ratio is 43.48 as of Jul. 18, 2026, which is 82% below its 10-year median of 238.07. GuruFocus rates XBUL:BSP with a GF Score™ of 57/100 and a GF Value™ of €148.12 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 910 REITs companies, Balkan and Sea Properties Reit-Varna ranks worse than 97.91% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Balkan and Sea Properties Reit-Varna's share price is €13.00. Balkan and Sea Properties Reit-Varna's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €0.30. Hence, Balkan and Sea Properties Reit-Varna's PS Ratio for today is 43.48.

The historical rank and industry rank for Balkan and Sea Properties Reit-Varna's PS Ratio or its related term are showing as below:

XBUL:BSP' s PS Ratio Range Over the Past 10 Years
Min: 30.66   Med: 238.07   Max: 21123.85
Current: 43.48

During the past 13 years, Balkan and Sea Properties Reit-Varna's highest PS Ratio was 21123.85. The lowest was 30.66. And the median was 238.07.

XBUL:BSP's PS Ratio is ranked worse than
97.91% of 910 companies
in the REITs industry
Industry Median: 6.705 vs XBUL:BSP: 43.48

Balkan and Sea Properties Reit-Varna's Revenue per Sharefor the three months ended in Mar. 2026 was €0.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €0.30.

Warning Sign:

Balkan and Sea Properties Reit-Varna revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Balkan and Sea Properties Reit-Varna was -43.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 161.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 225.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.40% per year.

During the past 13 years, Balkan and Sea Properties Reit-Varna's highest 3-Year average Revenue per Share Growth Rate was 451.80% per year. The lowest was -82.40% per year. And the median was 34.25% per year.

Back to Basics: PS Ratio


Balkan and Sea Properties Reit-Varna  (XBUL:BSP) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Balkan and Sea Properties Reit-Varna PS Ratio Related Terms


Balkan and Sea Properties Reit-Varna PS Ratio Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna's PS 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.

Balkan and Sea Properties Reit-Varna PS Ratio Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,964.08 935.76 1,900.00 69.05 59.85

Balkan and Sea Properties Reit-Varna Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS 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 44.32 44.49 36.23 59.85 42.81

XBUL:BSP vs VICI, WPC: PS Ratio Comparison

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna's PS Ratio, along with its competitors' market caps and PS 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.


Balkan and Sea Properties Reit-Varna PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's PS Ratio distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's PS Ratio falls into.


XBUL:BSP
57GF Score
Balkan and Sea Properties Reit-Varna XBUL:BSP
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balkan and Sea Properties Reit-Varna PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Balkan and Sea Properties Reit-Varna's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=13.00/0.299
=43.48

Balkan and Sea Properties Reit-Varna's Share Price of today is €13.00.
Balkan and Sea Properties Reit-Varna's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.30.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 43.48 mean?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a PS Ratio of 43.48 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. This is 82% below median its historical median of 238.07. Over the past decade, Balkan and Sea Properties Reit-Varna's PS Ratio has ranged from 30.66 to 21,123.85. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #891 out of 910 companies in the REITs industry, placing it in the top 97.9%.
Is Balkan and Sea Properties Reit-Varna's PS Ratio too high?
Balkan and Sea Properties Reit-Varna's current PS Ratio of 43.48 is 82% below median its 10-year median of 238.07. Over the past 10 years, this metric has ranged from a low of 30.66 to a high of 21,123.85. The REITs industry median PS Ratio is 6.71. Balkan and Sea Properties Reit-Varna's value of 43.48 is 548.5% above this industry median. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #891 out of 910 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #891 out of 910 companies for PS Ratio. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median PS Ratio is 6.71. Balkan and Sea Properties Reit-Varna's value of 43.48 is 548.5% above this benchmark. Historically, Balkan and Sea Properties Reit-Varna's own PS Ratio has ranged from 30.66 to 21,123.85 over the past decade. While the company's 10-year median is 238.07 vs. the industry median of 6.71, Balkan and Sea Properties Reit-Varna 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.71, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balkan and Sea Properties Reit-Varna's current PS Ratio of 43.48 is 548.5% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. For the REITs industry, the median PS Ratio is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkan and Sea Properties Reit-Varna's current PS Ratio is 43.48, which is 82% below median its own 10-year median of 238.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkan and Sea Properties Reit-Varna stock overvalued right now?
Based on GuruFocus' analysis, Balkan and Sea Properties Reit-Varna (XBUL:BSP) is currently considered Significantly Undervalued. The stock's GF Value™ is €148.12, compared to a current price of €13.00 — trading 91.2% below its estimated fair value. The current PS Ratio is 43.48, which is 82% below median its 10-year median of 238.07 and 548.5% above the REITs industry median of 6.71. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current PS Ratio is 43.48 as of Jul. 18, 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 Balkan and Sea Properties Reit-Varna (XBUL:BSP) Overvalued in 2026?

Based on GuruFocus' analysis, Balkan and Sea Properties Reit-Varna stock appears to be undervalued. The current stock price of €13.00 is trading 91.2% below its estimated GF Value™ of €148.12. GuruFocus considers Balkan and Sea Properties Reit-Varna to be Significantly Undervalued.

Key valuation signals for XBUL:BSP:

  • PS Ratio: 43.48 (82% below median its 10-year median of 238.07)
  • GF Value™: €148.12 vs. price of €13.00 (91.2% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 548.5% above the REITs median (#891 of 910)

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


Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
57GF Score

Get the complete analysis for XBUL:BSP

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

€13.00
Price
€148.12
GF Value