Cromwell Property GroupCMWCF 49 PB Ratio is 0.66 as of Jun. 30, 2026, which is 22% below its 10-year median of 0.85. GuruFocus rates CMWCF with a GF Score™ of 49/100 and a GF Value™ of $0.20. The stock has 9 warning signs investors should review. Among 933 REITs companies, Cromwell Property Group ranks better than 61.52% on this metric.
The historical rank and industry rank for Cromwell Property Group's PB Ratio or its related term are showing as below:
CMWCF'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.85 Max: 1.37
Current: 0.78
During the past 13 years, Cromwell Property Group's highest PB Ratio was 1.37. The lowest was 0.40. And the median was 0.85.
CMWCF's PB Ratio is ranked better than 61.52% of 933
companies
in the REITs industry
Industry Median: 0.87
vs CMWCF: 0.78
During the past 12 months, Cromwell Property Group's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cromwell Property Group was 277.80% per year. The lowest was -28.10% per year. And the median was 7.60% per year.
Back to Basics: PB Ratio
Cromwell Property Group (OTCPK:CMWCF) 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 - Office subindustry, Cromwell Property Group'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.
Cromwell Property Group PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Cromwell Property Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cromwell Property Group'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.
Cromwell Property Group (CMWCF) has a PB Ratio of 0.66 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 Cromwell Property Group and its competitors. This is 22% below median its historical median of 0.85. Over the past decade, Cromwell Property Group's PB Ratio has ranged from 0.40 to 1.37. According to the industry distribution chart, Cromwell Property Group ranks #359 out of 933 companies in the REITs industry, placing it in the top 38.5%.
Is Cromwell Property Group's PB Ratio too high?
Cromwell Property Group's current PB Ratio of 0.66 is 22% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.37. The REITs industry median PB Ratio is 0.87. Cromwell Property Group's value of 0.66 is 24.1% below this industry median. Based on the distribution chart, Cromwell Property Group ranks #359 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Cromwell Property Group has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Cromwell Property Group's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Cromwell Property Group ranks #359 out of 933 companies for PB Ratio. This puts Cromwell Property Group in the upper half of its industry. The industry median PB Ratio is 0.87. Cromwell Property Group's value of 0.66 is 24.1% below this benchmark. Historically, Cromwell Property Group's own PB Ratio has ranged from 0.40 to 1.37 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.87, Cromwell Property Group 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. Cromwell Property Group's current PB Ratio of 0.66 is 24.1% 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 Cromwell Property Group 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. Cromwell Property Group's current PB Ratio is 0.66, which is 22% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cromwell Property Group stock overvalued right now?
Cromwell Property Group (CMWCF) has a current PB Ratio of 0.66. The stock's GF Value™ is $0.20, compared to a current price of $0.25 — trading 26.2% above its estimated fair value. The current PB Ratio is 0.66, which is 22% below median its 10-year median of 0.85 and 24.1% below the REITs industry median of 0.87. Cromwell Property Group's overall GF Score™ is 49/100 with 9 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 Cromwell Property Group (CMWCF), the current PB Ratio is 0.66 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 Cromwell Property Group (CMWCF) Overvalued in 2026?
Based on GuruFocus' analysis, Cromwell Property Group stock appears to be overvalued.
The current stock price of $0.25 is trading 26.2% above its estimated GF Value™ of $0.20.
Key valuation signals for CMWCF:
PB Ratio: 0.66 (22% below median its 10-year median of 0.85)
GF Value™: $0.20 vs. price of $0.25 (26.2% above fair value)
Industry Position: 24.1% below the REITs median (#359 of 933)
No single metric tells the full story. See the CMWCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management vows to operate as a capital-light investment manager with a domestic focus. As of Dec. 31, 2025, the funds platform managed third-party assets of AUD 2.8 billion across Australia and New Zealand.
49GF Score
Get the complete analysis for CMWCF
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