Centuria Capital GroupASX:CNI -1.32%82 PB Ratio is 2.09 as of Jul. 04, 2026, which is 92% above its 10-year median of 1.09. GuruFocus rates ASX:CNI with a GF Score™ of 82/100 and a GF Value™ of A$1.61 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 929 REITs companies, Centuria Capital Group ranks worse than 91.82% on this metric.
Centuria Capital Group stock PB Ratio (=2.09) is close to 10-year high of 2.09.
The historical rank and industry rank for Centuria Capital Group's PB Ratio or its related term are showing as below:
ASX:CNI'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.09 Max: 2.09
Current: 2.09
During the past 13 years, Centuria Capital Group's highest PB Ratio was 2.09. The lowest was 0.66. And the median was 1.09.
ASX:CNI's PB Ratio is ranked worse than 91.82% of 929
companies
in the REITs industry
Industry Median: 0.87
vs ASX:CNI: 2.09
During the past 12 months, Centuria Capital Group's average Book Value Per Share Growth Rate was -49.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Centuria Capital Group was 14.40% per year. The lowest was -11.40% per year. And the median was 1.50% per year.
Back to Basics: PB Ratio
Centuria Capital Group (ASX:CNI) PB Ratio Explanation
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.
* 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.
For the REIT - Diversified subindustry, Centuria Capital Group'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.
Centuria Capital Group PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Centuria Capital Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Centuria Capital Group's PB Ratio falls into.
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.
* 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.
Centuria Capital Group (ASX:CNI) has a PB Ratio of 2.09 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Centuria Capital Group and its competitors. This is 92% above median its historical median of 1.09. Over the past decade, Centuria Capital Group's PB Ratio has ranged from 0.66 to 2.09. According to the industry distribution chart, Centuria Capital Group ranks #853 out of 929 companies in the REITs industry, placing it in the top 91.8%.
Is Centuria Capital Group's PB Ratio too high?
Centuria Capital Group's current PB Ratio of 2.09 is 92% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.09. The REITs industry median PB Ratio is 0.87. Centuria Capital Group's value of 2.09 is 140.2% above this industry median. Based on the distribution chart, Centuria Capital Group ranks #853 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Centuria Capital Group has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centuria Capital Group's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Centuria Capital Group ranks #853 out of 929 companies for PB Ratio. This places Centuria Capital Group in the lower half of its industry. The industry median PB Ratio is 0.87. Centuria Capital Group's value of 2.09 is 140.2% above this benchmark. Historically, Centuria Capital Group's own PB Ratio has ranged from 0.66 to 2.09 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.87, Centuria Capital Group 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 REITs company?
The median PB Ratio among REITs companies is 0.87, 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. Centuria Capital Group's current PB Ratio of 2.09 is 140.2% 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 Centuria Capital Group and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centuria Capital Group's current PB Ratio is 2.09, which is 92% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Centuria Capital Group (ASX:CNI) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.61, compared to a current price of A$1.87 — trading 16.1% above its estimated fair value. The current PB Ratio is 2.09, which is 92% above median its 10-year median of 1.09 and 140.2% above the REITs industry median of 0.87. Centuria Capital Group's overall GF Score™ is 82/100 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 Centuria Capital Group (ASX:CNI), the current PB Ratio is 2.09 as of Jul. 04, 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 Centuria Capital Group (ASX:CNI) Overvalued in 2026?
Based on GuruFocus' analysis, Centuria Capital Group stock appears to be overvalued.
The current stock price of A$1.87 is trading 16.1% above its estimated GF Value™ of A$1.61.
GuruFocus considers Centuria Capital Group to be Modestly Overvalued.
Key valuation signals for ASX:CNI:
PB Ratio: 2.09 (92% above median its 10-year median of 1.09)
GF Value™: A$1.61 vs. price of A$1.87 (16.1% above fair value)
Industry Position: 140.2% above the REITs median (#853 of 929)
No single metric tells the full story. See the ASX:CNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centuria Capital Group is a real estate fund manager with assets under management of AUD 22 billion as of December 2025. A range of investment products is offered on the platform, including listed funds (primarily Centuria Industrial REIT and Centuria Office REIT), unlisted property funds, and real estate credit funds. Centuria co-invests in some of these vehicles—the group is the largest securityholder of the listed office and industrial trusts. The majority of Centuria's earnings come from management fees on its investment products and distribution income from co-investments. The real estate investments span various sectors, with roughly a third of AUM allocated to office, another third to industrial, and the rest to retail, healthcare, agriculture, and real estate finance.
82GF Score
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