2 Cheap Cars GroupNZSE:2CC +1.54%51 PB Ratio is 1.36 as of Jun. 26, 2026, which is 21% below its 10-year median of 1.72. GuruFocus rates NZSE:2CC with a GF Score™ of 51/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, 2 Cheap Cars Group ranks better than 50.81% on this metric.
The historical rank and industry rank for 2 Cheap Cars Group's PB Ratio or its related term are showing as below:
NZSE:2CC'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.72 Max: 3.5
Current: 1.36
During the past 6 years, 2 Cheap Cars Group's highest PB Ratio was 3.50. The lowest was 0.65. And the median was 1.72.
NZSE:2CC's PB Ratio is ranked better than 50.81% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs NZSE:2CC: 1.36
During the past 12 months, 2 Cheap Cars Group's average Book Value Per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of 2 Cheap Cars Group was 11.60% per year. The lowest was 9.20% per year. And the median was 11.00% per year.
Back to Basics: PB Ratio
2 Cheap Cars Group (NZSE:2CC) 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.
2 Cheap Cars Group PB Ratio Related Terms
2 Cheap Cars Group PB Ratio Historical Data
* Premium members only.
The historical data trend for 2 Cheap Cars Group'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 Auto & Truck Dealerships subindustry, 2 Cheap Cars 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.
2 Cheap Cars Group PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars 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.
2 Cheap Cars Group (NZSE:2CC) has a PB Ratio of 1.36 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on 2 Cheap Cars Group and its competitors. This is 21% below median its historical median of 1.72. Over the past decade, 2 Cheap Cars Group's PB Ratio has ranged from 0.65 to 3.50. According to the industry distribution chart, 2 Cheap Cars Group ranks #637 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 49.2%.
Is 2 Cheap Cars Group's PB Ratio too high?
2 Cheap Cars Group's current PB Ratio of 1.36 is 21% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.50. The Vehicles & Parts industry median PB Ratio is 1.38. 2 Cheap Cars Group's value of 1.36 is 1.4% below this industry median. Based on the distribution chart, 2 Cheap Cars Group ranks #637 out of 1295 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, 2 Cheap Cars Group has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, 2 Cheap Cars Group ranks #637 out of 1295 companies for PB Ratio. This puts 2 Cheap Cars Group in the upper half of its industry. The industry median PB Ratio is 1.38. 2 Cheap Cars Group's value of 1.36 is 1.4% below this benchmark. Historically, 2 Cheap Cars Group's own PB Ratio has ranged from 0.65 to 3.50 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.38, 2 Cheap Cars 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,295 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. 2 Cheap Cars Group's current PB Ratio of 1.36 is 1.4% 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 2 Cheap Cars Group and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2 Cheap Cars Group's current PB Ratio is 1.36, which is 21% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.66 — trading 7% below its estimated fair value. The current PB Ratio is 1.36, which is 21% below median its 10-year median of 1.72 and 1.4% below the Vehicles & Parts industry median of 1.38. 2 Cheap Cars Group's overall GF Score™ is 51/100 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 2 Cheap Cars Group (NZSE:2CC), the current PB Ratio is 1.36 as of Jun. 26, 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?
Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued.
The current stock price of NZ$0.66 is trading 7% below its estimated GF Value™ of NZ$0.71.
GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.
Key valuation signals for NZSE:2CC:
PB Ratio: 1.36 (21% below median its 10-year median of 1.72)
GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
Industry Position: 1.4% below the Vehicles & Parts median (#637 of 1295)
No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
51GF Score
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