RENEF (Cartesian Growth II) PB Ratio: 7.65 (As of Jul. 01, 2026)


RENEF Cartesian Growth Corp II RENEF
32 GF Score
Price $12.71
! 4 Warning Signs
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What is Cartesian Growth II PB Ratio?

Cartesian Growth II RENEF 32 PB Ratio is 7.65 as of Jul. 01, 2026. GuruFocus rates RENEF with a GF Score™ of 32/100. The stock has 4 warning signs investors should review.

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 (2026-07-01), Cartesian Growth II's share price is $12.71. Cartesian Growth II's Book Value per Share for the quarter that ended in Mar. 2026 was $1.66. Hence, Cartesian Growth II's PB Ratio of today is 7.65.

The historical rank and industry rank for Cartesian Growth II's PB Ratio or its related term are showing as below:

RENEF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.65
Current: 7.65

During the past 5 years, Cartesian Growth II's highest PB Ratio was 7.65. The lowest was 0.00. And the median was 0.00.

RENEF's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.38 vs RENEF: 7.65

During the past 12 months, Cartesian Growth II's average Book Value Per Share Growth Rate was -73.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -44.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Cartesian Growth II was 1603.80% per year. The lowest was -44.60% per year. And the median was 779.60% per year.

Back to Basics: PB Ratio


Cartesian Growth II  (OTCPK:RENEF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Cartesian Growth II PB Ratio Related Terms


Cartesian Growth II PB Ratio Historical Data

* Premium members only.

The historical data trend for Cartesian Growth II'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.

Cartesian Growth II PB Ratio Chart

Cartesian Growth II Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 1.33 1.52 2.36 9.27

Cartesian Growth II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.38 2.40 2.42 9.27 7.65

RENEF vs SVIIF, QUMS, PGAC: PB Ratio Comparison

For the Shell Companies subindustry, Cartesian Growth II'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.


Cartesian Growth II PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cartesian Growth II's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cartesian Growth II's PB Ratio falls into.


RENEF
32GF Score
Cartesian Growth Corp II RENEF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cartesian Growth II 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.

Cartesian Growth II's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.71/1.662
=7.65

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 7.65 mean?
Cartesian Growth II (RENEF) has a PB Ratio of 7.65 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 Cartesian Growth II and its competitors.
Is Cartesian Growth II's PB Ratio too high?
Cartesian Growth II's current PB Ratio is 7.65. The Diversified Financial Services industry median PB Ratio is 1.38. Cartesian Growth II's value of 7.65 is 454.3% above this industry median. Overall, Cartesian Growth II has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Cartesian Growth II's PB Ratio compare to SVIIF and QUMS?
Cartesian Growth II's PB Ratio of 7.65 can be compared against companies in the Diversified Financial Services industry. The industry median PB Ratio is 1.38. Cartesian Growth II's value of 7.65 is 454.3% above this benchmark. 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 Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.38, based on 475 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. Cartesian Growth II's current PB Ratio of 7.65 is 454.3% 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 Cartesian Growth II and its competitors. For the Diversified Financial Services 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. Cartesian Growth II's current PB Ratio is 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cartesian Growth II stock overvalued right now?
Cartesian Growth II (RENEF) has a current PB Ratio of 7.65. The current PB Ratio is 7.65 and 454.3% above the Diversified Financial Services industry median of 1.38. Cartesian Growth II's overall GF Score™ is 32/100 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 Cartesian Growth II (RENEF), the current PB Ratio is 7.65 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.

Cartesian Growth II Business Description

Address 505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017
Cartesian Growth Corp II is a blank check company.
32GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.71
Price