Commonwealth Bank of Australia stock PB Ratio (=3.52) is close to 1-year low of 3.17.
The historical rank and industry rank for Commonwealth Bank of Australia's PB Ratio or its related term are showing as below:
CMWAY'
s PB Ratio Range Over the Past 10 Years
Min: 1.47 Med: 2.27 Max: 4.24
Current: 3.46
During the past 13 years, Commonwealth Bank of Australia's highest PB Ratio was 4.24. The lowest was 1.47. And the median was 2.27.
CMWAY's PB Ratio is ranked worse than 97.36% of 1515
companies
in the Banks industry
Industry Median: 1.08
vs CMWAY: 3.46
During the past 12 months, Commonwealth Bank of Australia's average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Commonwealth Bank of Australia was 25.80% per year. The lowest was -3.90% per year. And the median was 4.65% per year.
Back to Basics: PB Ratio
Commonwealth Bank of Australia (OTCPK:CMWAY) 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.
Commonwealth Bank of Australia PB Ratio Related Terms
Commonwealth Bank of Australia PB Ratio Historical Data
* 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 Banks - Diversified subindustry, Commonwealth Bank of Australia'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.
Commonwealth Bank of Australia PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Commonwealth Bank of Australia's PB Ratio distribution charts can be found below:
* The bar in red indicates where Commonwealth Bank of Australia's PB Ratio falls into.
Commonwealth Bank of Australia 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.
* 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.
Commonwealth Bank of Australia (CMWAY) has a PB Ratio of 3.65 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Commonwealth Bank of Australia and its competitors. This is 61% above median its historical median of 2.27. Over the past decade, Commonwealth Bank of Australia's PB Ratio has ranged from 1.47 to 4.24. According to the industry distribution chart, Commonwealth Bank of Australia ranks #1475 out of 1515 companies in the Banks industry, placing it in the top 97.4%.
Is Commonwealth Bank of Australia's PB Ratio too high?
Commonwealth Bank of Australia's current PB Ratio of 3.65 is 61% above median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 4.24. The Banks industry median PB Ratio is 1.08. Commonwealth Bank of Australia's value of 3.65 is 238% above this industry median. Based on the distribution chart, Commonwealth Bank of Australia ranks #1475 out of 1515 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Commonwealth Bank of Australia has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commonwealth Bank of Australia's PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Commonwealth Bank of Australia ranks #1475 out of 1515 companies for PB Ratio. This places Commonwealth Bank of Australia in the lower half of its industry. The industry median PB Ratio is 1.08. Commonwealth Bank of Australia's value of 3.65 is 238% above this benchmark. Historically, Commonwealth Bank of Australia's own PB Ratio has ranged from 1.47 to 4.24 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.08, Commonwealth Bank of Australia 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 Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,515 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. Commonwealth Bank of Australia's current PB Ratio of 3.65 is 238% 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 Commonwealth Bank of Australia and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commonwealth Bank of Australia's current PB Ratio is 3.65, which is 61% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commonwealth Bank of Australia stock overvalued right now?
Based on GuruFocus' analysis, Commonwealth Bank of Australia (CMWAY) is currently considered Fairly Valued. The stock's GF Value™ is $106.39, compared to a current price of $111.93 — trading 5.2% above its estimated fair value. The current PB Ratio is 3.65, which is 61% above median its 10-year median of 2.27 and 238% above the Banks industry median of 1.08. Commonwealth Bank of Australia's overall GF Score™ is 69/100 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 Commonwealth Bank of Australia (CMWAY), the current PB Ratio is 3.65 as of Jun. 25, 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 Commonwealth Bank of Australia (CMWAY) Overvalued in 2026?
Based on GuruFocus' analysis, Commonwealth Bank of Australia stock appears to be overvalued.
The current stock price of $111.93 is trading 5.2% above its estimated GF Value™ of $106.39.
GuruFocus considers Commonwealth Bank of Australia to be Fairly Valued.
Key valuation signals for CMWAY:
PB Ratio: 3.65 (61% above median its 10-year median of 2.27)
GF Value™: $106.39 vs. price of $111.93 (5.2% above fair value)
Industry Position: 238% above the Banks median (#1475 of 1515)
No single metric tells the full story. See the CMWAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commonwealth Bank of Australia Business Description
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.
69GF Score
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