COG Financial ServicesASX:COG +1.42%36 PB Ratio is 2.00 as of Jun. 24, 2026, which is 92% above its 10-year median of 1.04. GuruFocus rates ASX:COG with a GF Score™ of 36/100 and a GF Value™ of A$0.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 778 Capital Markets companies, COG Financial Services ranks worse than 64.27% on this metric.
The historical rank and industry rank for COG Financial Services's PB Ratio or its related term are showing as below:
ASX:COG'
s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 1.04 Max: 3.19
Current: 2
During the past 13 years, COG Financial Services's highest PB Ratio was 3.19. The lowest was 0.24. And the median was 1.04.
ASX:COG's PB Ratio is ranked worse than 64.27% of 778
companies
in the Capital Markets industry
Industry Median: 1.31
vs ASX:COG: 2.00
During the past 12 months, COG Financial Services's average Book Value Per Share Growth Rate was -5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of COG Financial Services was 67.20% per year. The lowest was -68.20% per year. And the median was -0.80% per year.
Back to Basics: PB Ratio
COG Financial Services (ASX:COG) 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 Capital Markets subindustry, COG Financial Services'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.
COG Financial Services PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, COG Financial Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where COG Financial Services'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.
COG Financial Services (ASX:COG) has a PB Ratio of 2.00 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on COG Financial Services and its competitors. This is 92% above median its historical median of 1.04. Over the past decade, COG Financial Services' PB Ratio has ranged from 0.24 to 3.19. According to the industry distribution chart, COG Financial Services ranks #500 out of 778 companies in the Capital Markets industry, placing it in the top 64.3%.
Is COG Financial Services' PB Ratio too high?
COG Financial Services' current PB Ratio of 2.00 is 92% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 3.19. The Capital Markets industry median PB Ratio is 1.31. COG Financial Services' value of 2.00 is 52.7% above this industry median. Based on the distribution chart, COG Financial Services ranks #500 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, COG Financial Services has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COG Financial Services' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, COG Financial Services ranks #500 out of 778 companies for PB Ratio. This places COG Financial Services in the lower half of its industry. The industry median PB Ratio is 1.31. COG Financial Services' value of 2.00 is 52.7% above this benchmark. Historically, COG Financial Services' own PB Ratio has ranged from 0.24 to 3.19 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.31, COG Financial Services 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.31, based on 778 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. COG Financial Services's current PB Ratio of 2.00 is 52.7% 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 COG Financial Services and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COG Financial Services's current PB Ratio is 2.00, which is 92% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, COG Financial Services (ASX:COG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.76, compared to a current price of A$1.43 — trading 88.2% above its estimated fair value. The current PB Ratio is 2.00, which is 92% above median its 10-year median of 1.04 and 52.7% above the Capital Markets industry median of 1.31. COG Financial Services' overall GF Score™ is 36/100 with 4 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 COG Financial Services (ASX:COG), the current PB Ratio is 2.00 as of Jun. 24, 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 COG Financial Services (ASX:COG) Overvalued in 2026?
Based on GuruFocus' analysis, COG Financial Services stock appears to be overvalued.
The current stock price of A$1.43 is trading 88.2% above its estimated GF Value™ of A$0.76.
GuruFocus considers COG Financial Services to be Significantly Overvalued.
Key valuation signals for ASX:COG:
PB Ratio: 2.00 (92% above median its 10-year median of 1.04)
GF Value™: A$0.76 vs. price of A$1.43 (88.2% above fair value)
Industry Position: 52.7% above the Capital Markets median (#500 of 778)
No single metric tells the full story. See the ASX:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share by investing in complementary entities and growing existing businesses that specialise in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on products finance and asset types; Novated Leasing; Asset Management and Lending activities, and others.
36GF Score
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