CEE (CENTRAL & EASTERN EUROPE FUND,) PB Ratio: 1.26 (As of Jul. 01, 2026) — 20% Above Median


CEE CENTRAL & EASTERN EUROPE FUND, INC. CEE
50 GF Score
Price $20.48
GF Value $25.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CENTRAL & EASTERN EUROPE FUND, PB Ratio?

CENTRAL & EASTERN EUROPE FUND, CEE -0.34% 50 PB Ratio is 1.26 as of Jul. 01, 2026, which is 20% above its 10-year median of 1.05. GuruFocus rates CEE with a GF Score™ of 50/100 and a GF Value™ of $25.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,599 Asset Management companies, CENTRAL & EASTERN EUROPE FUND, ranks worse than 75.61% 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 (2026-07-01), CENTRAL & EASTERN EUROPE FUND,'s share price is $20.48. CENTRAL & EASTERN EUROPE FUND,'s Book Value per Share for the quarter that ended in Oct. 2025 was $16.20. Hence, CENTRAL & EASTERN EUROPE FUND,'s PB Ratio of today is 1.26.

The historical rank and industry rank for CENTRAL & EASTERN EUROPE FUND,'s PB Ratio or its related term are showing as below:

CEE' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.05   Max: 1.58
Current: 1.26

During the past 9 years, CENTRAL & EASTERN EUROPE FUND,'s highest PB Ratio was 1.58. The lowest was 0.17. And the median was 1.05.

CEE's PB Ratio is ranked worse than
75.61% of 1599 companies
in the Asset Management industry
Industry Median: 0.96 vs CEE: 1.26

During the past 12 months, CENTRAL & EASTERN EUROPE FUND,'s average Book Value Per Share Growth Rate was 46.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of CENTRAL & EASTERN EUROPE FUND, was 39.60% per year. The lowest was -42.70% per year. And the median was -17.10% per year.

Back to Basics: PB Ratio


CENTRAL & EASTERN EUROPE FUND,  (NYSE:CEE) 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.


CENTRAL & EASTERN EUROPE FUND, PB Ratio Related Terms


CENTRAL & EASTERN EUROPE FUND, PB Ratio Historical Data

* Premium members only.

The historical data trend for CENTRAL & EASTERN EUROPE FUND,'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.

CENTRAL & EASTERN EUROPE FUND, PB Ratio Chart

CENTRAL & EASTERN EUROPE FUND, Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.89 1.18 0.98 0.96 0.97

CENTRAL & EASTERN EUROPE FUND, Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.98 0.96 0.96 1.05 0.97

CEE vs CIK, HEQ, HYI: PB Ratio Comparison

For the Asset Management subindustry, CENTRAL & EASTERN EUROPE FUND,'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.


CENTRAL & EASTERN EUROPE FUND, PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CENTRAL & EASTERN EUROPE FUND,'s PB Ratio distribution charts can be found below:

* The bar in red indicates where CENTRAL & EASTERN EUROPE FUND,'s PB Ratio falls into.


CEE
50GF Score
CENTRAL & EASTERN EUROPE FUND, INC. CEE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CENTRAL & EASTERN EUROPE FUND, 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.

CENTRAL & EASTERN EUROPE FUND,'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2025)
=20.48/16.203
=1.26

* 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 1.26 mean?
CENTRAL & EASTERN EUROPE FUND, (CEE) has a PB Ratio of 1.26 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CENTRAL & EASTERN EUROPE FUND, and its competitors. This is 20% above median its historical median of 1.05. Over the past decade, CENTRAL & EASTERN EUROPE FUND,'s PB Ratio has ranged from 0.17 to 1.58. According to the industry distribution chart, CENTRAL & EASTERN EUROPE FUND, ranks #1209 out of 1599 companies in the Asset Management industry, placing it in the top 75.6%.
Is CENTRAL & EASTERN EUROPE FUND,'s PB Ratio too high?
CENTRAL & EASTERN EUROPE FUND,'s current PB Ratio of 1.26 is 20% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.58. The Asset Management industry median PB Ratio is 0.96. CENTRAL & EASTERN EUROPE FUND,'s value of 1.26 is 31.3% above this industry median. Based on the distribution chart, CENTRAL & EASTERN EUROPE FUND, ranks #1209 out of 1599 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, CENTRAL & EASTERN EUROPE FUND, has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CENTRAL & EASTERN EUROPE FUND,'s PB Ratio compare to CIK and HEQ?
According to the Asset Management industry distribution chart, CENTRAL & EASTERN EUROPE FUND, ranks #1209 out of 1599 companies for PB Ratio. This places CENTRAL & EASTERN EUROPE FUND, in the lower half of its industry. The industry median PB Ratio is 0.96. CENTRAL & EASTERN EUROPE FUND,'s value of 1.26 is 31.3% above this benchmark. Historically, CENTRAL & EASTERN EUROPE FUND,'s own PB Ratio has ranged from 0.17 to 1.58 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.96, CENTRAL & EASTERN EUROPE FUND, 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,599 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. CENTRAL & EASTERN EUROPE FUND,'s current PB Ratio of 1.26 is 31.3% 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 CENTRAL & EASTERN EUROPE FUND, and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CENTRAL & EASTERN EUROPE FUND,'s current PB Ratio is 1.26, which is 20% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CENTRAL & EASTERN EUROPE FUND, stock overvalued right now?
Based on GuruFocus' analysis, CENTRAL & EASTERN EUROPE FUND, (CEE) is currently considered Modestly Undervalued. The stock's GF Value™ is $25.29, compared to a current price of $20.48 — trading 19% below its estimated fair value. The current PB Ratio is 1.26, which is 20% above median its 10-year median of 1.05 and 31.3% above the Asset Management industry median of 0.96. CENTRAL & EASTERN EUROPE FUND,'s overall GF Score™ is 50/100 with 2 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 CENTRAL & EASTERN EUROPE FUND, (CEE), the current PB Ratio is 1.26 as of Jul. 01, 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 CENTRAL & EASTERN EUROPE FUND, (CEE) Overvalued in 2026?

Based on GuruFocus' analysis, CENTRAL & EASTERN EUROPE FUND, stock appears to be undervalued. The current stock price of $20.48 is trading 19% below its estimated GF Value™ of $25.29. GuruFocus considers CENTRAL & EASTERN EUROPE FUND, to be Modestly Undervalued.

Key valuation signals for CEE:

  • PB Ratio: 1.26 (20% above median its 10-year median of 1.05)
  • GF Value™: $25.29 vs. price of $20.48 (19% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 31.3% above the Asset Management median (#1209 of 1599)

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


CENTRAL & EASTERN EUROPE FUND, Business Description

Address 875 Third Avenue, New York, NY, USA, 10022-6225
CENTRAL & EASTERN EUROPE FUND, INC. is a closed-end management investment company. The Fund's objective is to seek long-term capital appreciation. It invests in the equity or equity-linked securities of issuers domiciled in Central and Eastern Europe.
50GF Score

Get the complete analysis for CEE

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

$20.48
Price
$25.29
GF Value