CM International (WAR:CMI) PB Ratio: 1.15 (As of Jul. 31, 2026) — 74% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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WAR:CMI CM International SA WAR:CMI
63 GF Score
Price zł6.10
GF Value zł9.97
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is CM International PB Ratio?

CM International WAR:CMI -1.61% 63 PB Ratio is 1.15 as of Jul. 31, 2026, which is 74% below its 10-year median of 4.35. GuruFocus rates WAR:CMI with a GF Score™ of 63/100 and a GF Value™ of zł9.97 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 787 Medical Devices & Instruments companies, CM International ranks better than 74.21% 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 (2026-07-31), CM International's share price is zł6.10. CM International's Book Value per Share for the quarter that ended in Mar. 2026 was zł5.31. Hence, CM International's PB Ratio of today is 1.15.

Good Sign:

CM International SA stock PB Ratio (=1.32) is close to 10-year low of 1.28.

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

WAR:CMI' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 4.35   Max: 25.3
Current: 1.15

During the past 10 years, CM International's highest PB Ratio was 25.30. The lowest was 1.15. And the median was 4.35.

WAR:CMI's PB Ratio is ranked better than
74.21% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 2.05 vs WAR:CMI: 1.15

During the past 12 months, CM International's average Book Value Per Share Growth Rate was -7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of CM International was 56.10% per year. The lowest was -3.90% per year. And the median was 21.90% per year.

Back to Basics: PB Ratio


CM International  (WAR:CMI) 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.


CM International PB Ratio Related Terms


CM International PB Ratio Historical Data

* Premium members only.

The historical data trend for CM International'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.

CM International PB Ratio Chart

CM International 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 7.30 5.37 3.01 1.98 1.72

CM International 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 2.29 1.57 2.18 1.72 1.96

WAR:CMI vs ABT, SYK, MDT: PB Ratio Comparison

For the Medical Devices subindustry, CM International'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.


CM International PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, CM International's PB Ratio distribution charts can be found below:

* The bar in red indicates where CM International's PB Ratio falls into.


WAR:CMI
63GF Score
CM International SA WAR:CMI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CM International 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.

CM International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.10/5.313
=1.15

* 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 1.15 mean?
CM International (WAR:CMI) has a PB Ratio of 1.15 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CM International and its competitors. This is 74% below median its historical median of 4.35. Over the past decade, CM International's PB Ratio has ranged from 1.15 to 25.30. According to the industry distribution chart, CM International ranks #203 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 25.8%.
Is CM International's PB Ratio too high?
CM International's current PB Ratio of 1.15 is 74% below median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 25.30. The Medical Devices & Instruments industry median PB Ratio is 2.05. CM International's value of 1.15 is 43.9% below this industry median. Based on the distribution chart, CM International ranks #203 out of 787 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, CM International has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CM International's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, CM International ranks #203 out of 787 companies for PB Ratio. This puts CM International in the upper half of its industry. The industry median PB Ratio is 2.05. CM International's value of 1.15 is 43.9% below this benchmark. Historically, CM International's own PB Ratio has ranged from 1.15 to 25.30 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 2.05, CM International has consistently been below 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 787 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. CM International's current PB Ratio of 1.15 is 43.9% below 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 CM International and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CM International's current PB Ratio is 1.15, which is 74% below median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CM International stock overvalued right now?
Based on GuruFocus' analysis, CM International (WAR:CMI) is currently considered Possible Value Trap. The stock's GF Value™ is zł9.97, compared to a current price of zł6.10 — trading 38.8% below its estimated fair value. The current PB Ratio is 1.15, which is 74% below median its 10-year median of 4.35 and 43.9% below the Medical Devices & Instruments industry median of 2.05. CM International's overall GF Score™ is 63/100 with 3 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 CM International (WAR:CMI), the current PB Ratio is 1.15 as of Jul. 31, 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 CM International (WAR:CMI) Overvalued in 2026?

Based on GuruFocus' analysis, CM International stock appears to be undervalued. The current stock price of zł6.10 is trading 38.8% below its estimated GF Value™ of zł9.97. GuruFocus considers CM International to be Possible Value Trap.

Key valuation signals for WAR:CMI:

  • PB Ratio: 1.15 (74% below median its 10-year median of 4.35)
  • GF Value™: zł9.97 vs. price of zł6.10 (38.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 43.9% below the Medical Devices & Instruments median (#203 of 787)

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


CM International Business Description

Address Miloszycka 19, Wroclaw, POL, 51-502
CM International SA is a Poland based medical device company. It offers devices which include Big bfc which is a Multifunctional device for skin, face and body;PresoLimf which is a Lymphatic drainage machine and other devices like M3, Smalll bfc and Nuximia.
63GF Score

Get the complete analysis for WAR:CMI

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

zł6.10
Price
zł9.97
GF Value