HealthCo Healthcare and Wellness REIT (ASX:HCW) PB Ratio: 0.51 (As of Jun. 30, 2026) — 26% Below Median


ASX:HCW HealthCo Healthcare and Wellness REIT ASX:HCW
40 GF Score
Price A$0.71
GF Value A$0.99
Valuation Modestly Undervalued
! 5 Warning Signs
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What is HealthCo Healthcare and Wellness REIT PB Ratio?

HealthCo Healthcare and Wellness REIT ASX:HCW -0.70% 40 PB Ratio is 0.51 as of Jun. 30, 2026, which is 26% below its 10-year median of 0.69. GuruFocus rates ASX:HCW with a GF Score™ of 40/100 and a GF Value™ of A$0.99 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 933 REITs companies, HealthCo Healthcare and Wellness REIT ranks better than 84.35% 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 (2026-06-30), HealthCo Healthcare and Wellness REIT's share price is A$0.71. HealthCo Healthcare and Wellness REIT's Book Value per Share for the quarter that ended in Dec. 2025 was A$1.38. Hence, HealthCo Healthcare and Wellness REIT's PB Ratio of today is 0.51.

The historical rank and industry rank for HealthCo Healthcare and Wellness REIT's PB Ratio or its related term are showing as below:

ASX:HCW' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.69   Max: 0.89
Current: 0.52

During the past 4 years, HealthCo Healthcare and Wellness REIT's highest PB Ratio was 0.89. The lowest was 0.43. And the median was 0.69.

ASX:HCW's PB Ratio is ranked better than
84.35% of 933 companies
in the REITs industry
Industry Median: 0.87 vs ASX:HCW: 0.52

During the past 12 months, HealthCo Healthcare and Wellness REIT's average Book Value Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.10% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of HealthCo Healthcare and Wellness REIT was -10.10% per year. The lowest was -10.10% per year. And the median was -10.10% per year.

Back to Basics: PB Ratio


HealthCo Healthcare and Wellness REIT  (ASX:HCW) 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.


HealthCo Healthcare and Wellness REIT PB Ratio Related Terms


HealthCo Healthcare and Wellness REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for HealthCo Healthcare and Wellness 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.

HealthCo Healthcare and Wellness REIT PB Ratio Chart

HealthCo Healthcare and Wellness REIT Annual Data
Trend Jun22 Jun23 Jun24 Jun25
PB Ratio
0.68 0.78 0.65 0.51

HealthCo Healthcare and Wellness REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.90 0.65 0.65 0.51 0.52

ASX:HCW vs WELL, VTR, DOC: PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, HealthCo Healthcare and Wellness 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.


HealthCo Healthcare and Wellness REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, HealthCo Healthcare and Wellness REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where HealthCo Healthcare and Wellness REIT's PB Ratio falls into.


ASX:HCW
40GF Score
HealthCo Healthcare and Wellness REIT ASX:HCW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HealthCo Healthcare and Wellness 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.

HealthCo Healthcare and Wellness REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.71/1.383
=0.51

* 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 0.51 mean?
HealthCo Healthcare and Wellness REIT (ASX:HCW) has a PB Ratio of 0.51 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HealthCo Healthcare and Wellness REIT and its competitors. This is 26% below median its historical median of 0.69. Over the past decade, HealthCo Healthcare and Wellness REIT's PB Ratio has ranged from 0.43 to 0.89. According to the industry distribution chart, HealthCo Healthcare and Wellness REIT ranks #146 out of 933 companies in the REITs industry, placing it in the top 15.6%.
Is HealthCo Healthcare and Wellness REIT's PB Ratio too high?
HealthCo Healthcare and Wellness REIT's current PB Ratio of 0.51 is 26% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.89. The REITs industry median PB Ratio is 0.87. HealthCo Healthcare and Wellness REIT's value of 0.51 is 41.4% below this industry median. Based on the distribution chart, HealthCo Healthcare and Wellness REIT ranks #146 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, HealthCo Healthcare and Wellness REIT has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HealthCo Healthcare and Wellness REIT's PB Ratio compare to WELL and VTR?
According to the REITs industry distribution chart, HealthCo Healthcare and Wellness REIT ranks #146 out of 933 companies for PB Ratio. This places HealthCo Healthcare and Wellness REIT in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. HealthCo Healthcare and Wellness REIT's value of 0.51 is 41.4% below this benchmark. Historically, HealthCo Healthcare and Wellness REIT's own PB Ratio has ranged from 0.43 to 0.89 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.87, HealthCo Healthcare and Wellness 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 0.87, based on 933 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. HealthCo Healthcare and Wellness REIT's current PB Ratio of 0.51 is 41.4% 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 HealthCo Healthcare and Wellness REIT 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. HealthCo Healthcare and Wellness REIT's current PB Ratio is 0.51, which is 26% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthCo Healthcare and Wellness REIT stock overvalued right now?
Based on GuruFocus' analysis, HealthCo Healthcare and Wellness REIT (ASX:HCW) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.99, compared to a current price of A$0.71 — trading 28.3% below its estimated fair value. The current PB Ratio is 0.51, which is 26% below median its 10-year median of 0.69 and 41.4% below the REITs industry median of 0.87. HealthCo Healthcare and Wellness REIT's overall GF Score™ is 40/100 with 5 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 HealthCo Healthcare and Wellness REIT (ASX:HCW), the current PB Ratio is 0.51 as of Jun. 30, 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 HealthCo Healthcare and Wellness REIT (ASX:HCW) Overvalued in 2026?

Based on GuruFocus' analysis, HealthCo Healthcare and Wellness REIT stock appears to be undervalued. The current stock price of A$0.71 is trading 28.3% below its estimated GF Value™ of A$0.99. GuruFocus considers HealthCo Healthcare and Wellness REIT to be Modestly Undervalued.

Key valuation signals for ASX:HCW:

  • PB Ratio: 0.51 (26% below median its 10-year median of 0.69)
  • GF Value™: A$0.99 vs. price of A$0.71 (28.3% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 41.4% below the REITs median (#146 of 933)

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


HealthCo Healthcare and Wellness REIT Business Description

Industry Real EstateREITs
Address 1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
HealthCo Healthcare and Wellness REIT are owning and managing a portfolio of commercial health and wellness real estate assets. It invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions and super funds.
40GF Score

Get the complete analysis for ASX:HCW

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

A$0.71
Price
A$0.99
GF Value