CLS HoldingsCLIHF 40 PB Ratio is 0.72 as of Jul. 03, 2026, which is 4% above its 10-year median of 0.69. GuruFocus rates CLIHF with a GF Score™ of 40/100 and a GF Value™ of $3.02. The stock has 7 warning signs investors should review. Among 929 REITs companies, CLS Holdings ranks better than 95.8% 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 (2026-07-03), CLS Holdings's share price is $1.80. CLS Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was $2.50. Hence, CLS Holdings's PB Ratio of today is 0.72.
Good Sign:
CLS Holdings PLC stock PB Ratio (=0.26) is close to 10-year low of 0.25.
The historical rank and industry rank for CLS Holdings's PB Ratio or its related term are showing as below:
CLIHF'
s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.69 Max: 1.15
Current: 0.26
During the past 13 years, CLS Holdings's highest PB Ratio was 1.15. The lowest was 0.25. And the median was 0.69.
CLIHF's PB Ratio is ranked better than 95.8% of 929
companies
in the REITs industry
Industry Median: 0.87
vs CLIHF: 0.26
During the past 12 months, CLS Holdings's average Book Value Per Share Growth Rate was -5.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CLS Holdings was 68.90% per year. The lowest was -15.50% per year. And the median was 12.15% per year.
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.
CLS Holdings PB Ratio Related Terms
CLS Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for CLS Holdings'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.
For the REIT - Office subindustry, CLS Holdings'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.
CLS Holdings PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, CLS Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where CLS Holdings'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.
CLS Holdings's PB Ratio for today is calculated as follows:
* 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.
CLS Holdings (CLIHF) has a PB Ratio of 0.72 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CLS Holdings and its competitors. This is near median its historical median of 0.69. Over the past decade, CLS Holdings' PB Ratio has ranged from 0.25 to 1.15. According to the industry distribution chart, CLS Holdings ranks #39 out of 929 companies in the REITs industry, placing it in the top 4.2%.
Is CLS Holdings' PB Ratio too high?
CLS Holdings' current PB Ratio of 0.72 is near median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.15. The REITs industry median PB Ratio is 0.87. CLS Holdings' value of 0.72 is 17.2% below this industry median. Based on the distribution chart, CLS Holdings ranks #39 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, CLS Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does CLS Holdings' PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, CLS Holdings ranks #39 out of 929 companies for PB Ratio. This places CLS Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. CLS Holdings' value of 0.72 is 17.2% below this benchmark. Historically, CLS Holdings' own PB Ratio has ranged from 0.25 to 1.15 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.87, CLS Holdings 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 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. CLS Holdings's current PB Ratio of 0.72 is 17.2% 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 CLS Holdings 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. CLS Holdings's current PB Ratio is 0.72, which is near 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 CLS Holdings stock overvalued right now?
CLS Holdings (CLIHF) has a current PB Ratio of 0.72. The stock's GF Value™ is $3.02, compared to a current price of $1.80 — trading 40.4% below its estimated fair value. The current PB Ratio is 0.72, which is near median its 10-year median of 0.69 and 17.2% below the REITs industry median of 0.87. CLS Holdings' overall GF Score™ is 40/100 with 7 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 CLS Holdings (CLIHF), the current PB Ratio is 0.72 as of Jul. 03, 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 CLS Holdings (CLIHF) Overvalued in 2026?
Based on GuruFocus' analysis, CLS Holdings stock appears to be undervalued.
The current stock price of $1.80 is trading 40.4% below its estimated GF Value™ of $3.02.
Key valuation signals for CLIHF:
PB Ratio: 0.72 (near median its 10-year median of 0.69)
GF Value™: $3.02 vs. price of $1.80 (40.4% below fair value)
Industry Position: 17.2% below the REITs median (#39 of 929)
No single metric tells the full story. See the CLIHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CLS Holdings PLC is a commercial property investment firm focused on office space. The company has two operating segments: Investment Property and Other Investments. The Investment Property segment includes properties in the United Kingdom, Germany, and France, with over half of its assets located in the United Kingdom. Other Investments comprise the hotel at Spring Mews and various small corporate holdings. The company invests in non-central locations that offer efficient access to transportation and are situated in large cities. It generates the majority of its revenue from rental income.
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