Vukile Property Fund (JSE:VKE) PB Ratio : 0.73 (As of May. 18, 2024)

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What is Vukile Property Fund PB Ratio?

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 (2024-05-18), Vukile Property Fund's share price is R15.50. Vukile Property Fund's Book Value per Share for the quarter that ended in Sep. 2023 was R21.16. Hence, Vukile Property Fund's PB Ratio of today is 0.73.

The historical rank and industry rank for Vukile Property Fund's PB Ratio or its related term are showing as below:

JSE:VKE' s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.96 Max: 3.28
Current: 0.72

During the past 13 years, Vukile Property Fund's highest PB Ratio was 3.28. The lowest was 0.25. And the median was 0.96.

JSE:VKE's PB Ratio is ranked better than
63.29% of 850 companies
in the REITs industry
Industry Median: 0.83 vs JSE:VKE: 0.72

During the past 12 months, Vukile Property Fund's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vukile Property Fund was 65.40% per year. The lowest was -4.00% per year. And the median was 11.40% per year.

Back to Basics: PB Ratio

Vukile Property Fund PB Ratio Historical Data

The historical data trend for Vukile Property Fund'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.

* Premium members only.

Vukile Property Fund PB Ratio Chart

Vukile Property Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.99

0.39

0.48

0.78

0.61

Vukile Property Fund Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															0.68	0.78	0.65	0.61	0.62

Competitive Comparison of Vukile Property Fund's PB Ratio

For the REIT - Retail subindustry, Vukile Property Fund'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.

Vukile Property Fund's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vukile Property Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vukile Property Fund's PB Ratio falls into.

Vukile Property Fund 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.

Vukile Property Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	15.50	/	21.161
	=	0.73

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Vukile Property Fund (JSE:VKE) 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.

Vukile Property Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Vukile Property Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vukile Property Fund (JSE:VKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vukile Property Fund Ltd (JSE:VKE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

VKN:Namibia

Address

11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.vukile.co.za

Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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