Claros Mortgage TrustCMTG +1.73%42 PB Ratio is 0.22 as of Jul. 01, 2026, which is 63% below its 10-year median of 0.60. GuruFocus rates CMTG with a GF Score™ of 42/100 and a GF Value™ of $4.67 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 930 REITs companies, Claros Mortgage Trust ranks better than 96.99% on this metric.
The historical rank and industry rank for Claros Mortgage Trust's PB Ratio or its related term are showing as below:
CMTG'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.6 Max: 1.14
Current: 0.22
During the past 7 years, Claros Mortgage Trust's highest PB Ratio was 1.14. The lowest was 0.16. And the median was 0.60.
CMTG's PB Ratio is ranked better than 96.99% of 930
companies
in the REITs industry
Industry Median: 0.87
vs CMTG: 0.22
During the past 12 months, Claros Mortgage Trust's average Book Value Per Share Growth Rate was -23.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Claros Mortgage Trust was -0.20% per year. The lowest was -14.90% per year. And the median was -5.45% per year.
Back to Basics: PB Ratio
Claros Mortgage Trust (NYSE:CMTG) 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 - Mortgage subindustry, Claros Mortgage Trust'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.
Claros Mortgage Trust PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Claros Mortgage Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Claros Mortgage Trust'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.
Claros Mortgage Trust (CMTG) has a PB Ratio of 0.22 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 Claros Mortgage Trust and its competitors. This is 63% below median its historical median of 0.60. Over the past decade, Claros Mortgage Trust's PB Ratio has ranged from 0.16 to 1.14. According to the industry distribution chart, Claros Mortgage Trust ranks #28 out of 930 companies in the REITs industry, placing it in the top 3%.
Is Claros Mortgage Trust's PB Ratio too high?
Claros Mortgage Trust's current PB Ratio of 0.22 is 63% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.14. The REITs industry median PB Ratio is 0.87. Claros Mortgage Trust's value of 0.22 is 74.7% below this industry median. Based on the distribution chart, Claros Mortgage Trust ranks #28 out of 930 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Claros Mortgage Trust has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Claros Mortgage Trust's PB Ratio compare to RC and NREF?
According to the REITs industry distribution chart, Claros Mortgage Trust ranks #28 out of 930 companies for PB Ratio. This places Claros Mortgage Trust in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. Claros Mortgage Trust's value of 0.22 is 74.7% below this benchmark. Historically, Claros Mortgage Trust's own PB Ratio has ranged from 0.16 to 1.14 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.87, Claros Mortgage Trust 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 930 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. Claros Mortgage Trust's current PB Ratio of 0.22 is 74.7% 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 Claros Mortgage Trust 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. Claros Mortgage Trust's current PB Ratio is 0.22, which is 63% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Claros Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Claros Mortgage Trust (CMTG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.67, compared to a current price of $2.35 — trading 49.7% below its estimated fair value. The current PB Ratio is 0.22, which is 63% below median its 10-year median of 0.60 and 74.7% below the REITs industry median of 0.87. Claros Mortgage Trust's overall GF Score™ is 42/100 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 Claros Mortgage Trust (CMTG), the current PB Ratio is 0.22 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 Claros Mortgage Trust (CMTG) Overvalued in 2026?
Based on GuruFocus' analysis, Claros Mortgage Trust stock appears to be undervalued.
The current stock price of $2.35 is trading 49.7% below its estimated GF Value™ of $4.67.
GuruFocus considers Claros Mortgage Trust to be Possible Value Trap.
Key valuation signals for CMTG:
PB Ratio: 0.22 (63% below median its 10-year median of 0.60)
GF Value™: $4.67 vs. price of $2.35 (49.7% below fair value)
Industry Position: 74.7% below the REITs median (#28 of 930)
No single metric tells the full story. See the CMTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Claros Mortgage Trust Inc is a real estate investment trust. The company is focused mainly on creating a diversified portfolio of income-producing loans collateralized by institutional-quality commercial real estate.
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