Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CPI Europe AGLTS:0PAN -1.21%74 PB Ratio is 0.47 as of Jul. 14, 2026, which is 31% below its 10-year median of 0.68. GuruFocus rates LTS:0PAN with a GF Score™ of 74/100 and a GF Value™ of €14.13 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,715 Real Estate companies, CPI Europe AG ranks better than 73% 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 (2026-07-14), CPI Europe AG's share price is €15.46. CPI Europe AG's Book Value per Share for the quarter that ended in Mar. 2026 was €33.02. Hence, CPI Europe AG's PB Ratio of today is 0.47.
Good Sign:
CPI Europe AG stock PB Ratio (=0.47) is close to 3-year low of 0.46.
The historical rank and industry rank for CPI Europe AG's PB Ratio or its related term are showing as below:
LTS:0PAN'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.68 Max: 1.18
Current: 0.45
During the past 13 years, CPI Europe AG's highest PB Ratio was 1.18. The lowest was 0.39. And the median was 0.68.
LTS:0PAN's PB Ratio is ranked better than 73% of 1715
companies
in the Real Estate industry
Industry Median: 0.81
vs LTS:0PAN: 0.45
During the past 12 months, CPI Europe AG's average Book Value Per Share Growth Rate was 13.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CPI Europe AG was 45.00% per year. The lowest was -34.80% per year. And the median was -0.20% 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.
CPI Europe AG PB Ratio Related Terms
CPI Europe AG PB Ratio Historical Data
* Premium members only.
The historical data trend for CPI Europe AG'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 Real Estate Services subindustry, CPI Europe AG'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.
CPI Europe AG PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, CPI Europe AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where CPI Europe AG'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.
CPI Europe AG'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.
CPI Europe AG (LTS:0PAN) has a PB Ratio of 0.47 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CPI Europe AG and its competitors. This is 31% below median its historical median of 0.68. Over the past decade, CPI Europe AG's PB Ratio has ranged from 0.39 to 1.18. According to the industry distribution chart, CPI Europe AG ranks #463 out of 1715 companies in the Real Estate industry, placing it in the top 27%.
Is CPI Europe AG's PB Ratio too high?
CPI Europe AG's current PB Ratio of 0.47 is 31% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.18. The Real Estate industry median PB Ratio is 0.81. CPI Europe AG's value of 0.47 is 42% below this industry median. Based on the distribution chart, CPI Europe AG ranks #463 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, CPI Europe AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CPI Europe AG's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CPI Europe AG ranks #463 out of 1715 companies for PB Ratio. This puts CPI Europe AG in the upper half of its industry. The industry median PB Ratio is 0.81. CPI Europe AG's value of 0.47 is 42% below this benchmark. Historically, CPI Europe AG's own PB Ratio has ranged from 0.39 to 1.18 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.81, CPI Europe AG 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. CPI Europe AG's current PB Ratio of 0.47 is 42% 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 CPI Europe AG and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPI Europe AG's current PB Ratio is 0.47, which is 31% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Europe AG stock overvalued right now?
Based on GuruFocus' analysis, CPI Europe AG (LTS:0PAN) is currently considered Fairly Valued. The stock's GF Value™ is €14.13, compared to a current price of €15.46 — trading 9.4% above its estimated fair value. The current PB Ratio is 0.47, which is 31% below median its 10-year median of 0.68 and 42% below the Real Estate industry median of 0.81. CPI Europe AG's overall GF Score™ is 74/100 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 CPI Europe AG (LTS:0PAN), the current PB Ratio is 0.47 as of Jul. 14, 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 CPI Europe AG (LTS:0PAN) Overvalued in 2026?
Based on GuruFocus' analysis, CPI Europe AG stock appears to be overvalued.
The current stock price of €15.46 is trading 9.4% above its estimated GF Value™ of €14.13.
GuruFocus considers CPI Europe AG to be Fairly Valued.
Key valuation signals for LTS:0PAN:
PB Ratio: 0.47 (31% below median its 10-year median of 0.68)
GF Value™: €14.13 vs. price of €15.46 (9.4% above fair value)
Industry Position: 42% below the Real Estate median (#463 of 1715)
No single metric tells the full story. See the LTS:0PAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPI Europe AG is a real estate investment and development company in Europe. It provides real estate solutions for customers from a portfolio consisting of commercial properties in the office and retail asset classes and is focused on flexible property consumers. It has three brands in particular: myhive for offices, VIVO! for shopping centers, and STOP SHOP for retail parks. The company provides management and development of retail and office properties in selected Central and Eastern European countries.
74GF Score
Get the complete analysis for LTS:0PAN
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0PAN has been successfully added to your 
