Charter Hall Long WALE REIT (ASX:CLW) PB Ratio: 0.81 (As of Jun. 25, 2026) — 16% Below Median


ASX:CLW Charter Hall Long WALE REIT ASX:CLW
73 GF Score
Price A$3.79
GF Value A$6.07
Valuation Possible Value Trap
! 8 Warning Signs
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What is Charter Hall Long WALE REIT PB Ratio?

Charter Hall Long WALE REIT ASX:CLW +0.26% 73 PB Ratio is 0.81 as of Jun. 25, 2026, which is 16% below its 10-year median of 0.96. GuruFocus rates ASX:CLW with a GF Score™ of 73/100 and a GF Value™ of A$6.07 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 929 REITs companies, Charter Hall Long WALE REIT ranks better than 57.16% 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 (2026-06-25), Charter Hall Long WALE REIT's share price is A$3.79. Charter Hall Long WALE REIT's Book Value per Share for the quarter that ended in Dec. 2025 was A$4.68. Hence, Charter Hall Long WALE REIT's PB Ratio of today is 0.81.

Good Sign:

Charter Hall Long WALE REIT stock PB Ratio (=0.8) is close to 1-year low of 0.73.

The historical rank and industry rank for Charter Hall Long WALE REIT's PB Ratio or its related term are showing as below:

ASX:CLW' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.96   Max: 1.45
Current: 0.81

During the past 9 years, Charter Hall Long WALE REIT's highest PB Ratio was 1.45. The lowest was 0.55. And the median was 0.96.

ASX:CLW's PB Ratio is ranked better than
57.16% of 929 companies
in the REITs industry
Industry Median: 0.86 vs ASX:CLW: 0.81

During the past 12 months, Charter Hall Long WALE REIT's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Charter Hall Long WALE REIT was 15.10% per year. The lowest was -9.40% per year. And the median was 6.45% per year.

Back to Basics: PB Ratio


Charter Hall Long WALE REIT  (ASX:CLW) 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.


Charter Hall Long WALE REIT PB Ratio Related Terms


Charter Hall Long WALE REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for Charter Hall Long WALE REIT'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.

Charter Hall Long WALE REIT PB Ratio Chart

Charter Hall Long WALE REIT Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.91 0.69 0.71 0.70 0.89

Charter Hall Long WALE REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.73 0.70 0.81 0.89 0.87

ASX:CLW vs VICI, WPC, BNL: PB Ratio Comparison

For the REIT - Diversified subindustry, Charter Hall Long WALE REIT'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.


Charter Hall Long WALE REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Charter Hall Long WALE REIT's PB Ratio falls into.


ASX:CLW
73GF Score
Charter Hall Long WALE REIT ASX:CLW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Charter Hall Long WALE REIT 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.

Charter Hall Long WALE REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.79/4.681
=0.81

* 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 0.81 mean?
Charter Hall Long WALE REIT (ASX:CLW) has a PB Ratio of 0.81 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Charter Hall Long WALE REIT and its competitors. This is 16% below median its historical median of 0.96. Over the past decade, Charter Hall Long WALE REIT's PB Ratio has ranged from 0.55 to 1.45. According to the industry distribution chart, Charter Hall Long WALE REIT ranks #398 out of 929 companies in the REITs industry, placing it in the top 42.8%.
Is Charter Hall Long WALE REIT's PB Ratio too high?
Charter Hall Long WALE REIT's current PB Ratio of 0.81 is 16% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.45. The REITs industry median PB Ratio is 0.86. Charter Hall Long WALE REIT's value of 0.81 is 5.8% below this industry median. Based on the distribution chart, Charter Hall Long WALE REIT ranks #398 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Charter Hall Long WALE REIT has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Charter Hall Long WALE REIT's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Charter Hall Long WALE REIT ranks #398 out of 929 companies for PB Ratio. This puts Charter Hall Long WALE REIT in the upper half of its industry. The industry median PB Ratio is 0.86. Charter Hall Long WALE REIT's value of 0.81 is 5.8% below this benchmark. Historically, Charter Hall Long WALE REIT's own PB Ratio has ranged from 0.55 to 1.45 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.86, Charter Hall Long WALE REIT 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 REITs company?
The median PB Ratio among REITs companies is 0.86, based on 929 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. Charter Hall Long WALE REIT's current PB Ratio of 0.81 is 5.8% 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 Charter Hall Long WALE REIT and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charter Hall Long WALE REIT's current PB Ratio is 0.81, which is 16% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charter Hall Long WALE REIT stock overvalued right now?
Based on GuruFocus' analysis, Charter Hall Long WALE REIT (ASX:CLW) is currently considered Possible Value Trap. The stock's GF Value™ is A$6.07, compared to a current price of A$3.79 — trading 37.6% below its estimated fair value. The current PB Ratio is 0.81, which is 16% below median its 10-year median of 0.96 and 5.8% below the REITs industry median of 0.86. Charter Hall Long WALE REIT's overall GF Score™ is 73/100 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 Charter Hall Long WALE REIT (ASX:CLW), the current PB Ratio is 0.81 as of Jun. 25, 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 Charter Hall Long WALE REIT (ASX:CLW) Overvalued in 2026?

Based on GuruFocus' analysis, Charter Hall Long WALE REIT stock appears to be undervalued. The current stock price of A$3.79 is trading 37.6% below its estimated GF Value™ of A$6.07. GuruFocus considers Charter Hall Long WALE REIT to be Possible Value Trap.

Key valuation signals for ASX:CLW:

  • PB Ratio: 0.81 (16% below median its 10-year median of 0.96)
  • GF Value™: A$6.07 vs. price of A$3.79 (37.6% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 5.8% below the REITs median (#398 of 929)

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


Charter Hall Long WALE REIT Business Description

Industry Real EstateREITs
Address No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Long WALE REIT is a listed investment vehicle established and managed by Charter Hall Group. The REIT pays management fees to the parent group. There are over 500 properties on balance sheet and in joint ventures, spanning retail, industrial, office, data centers and social infrastructure. The portfolio typically has near full occupancy and long weighted average lease expiry, or WALE, of around 10 years. About half the leases are subject to annual inflation-linked rental uplifts, and half to fixed annual increases (typically 3%). One third of the REIT's income is rents collected from the properties held on its own balance sheet and the rest is co-investment earnings from a dozen joint ventures.
73GF Score

Get the complete analysis for ASX:CLW

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

A$3.79
Price
A$6.07
GF Value