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Comet IndustriesTSXV:CMU 25 PB Ratio is 3.20 as of Jul. 14, 2026, which is 69% below its 10-year median of 10.36. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,715 Real Estate companies, Comet Industries ranks worse than 90.5% 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), Comet Industries's share price is C$6.00. Comet Industries's Book Value per Share for the quarter that ended in Apr. 2026 was C$1.88. Hence, Comet Industries's PB Ratio of today is 3.20.
Warning Sign:
Comet Industries Ltd stock PB Ratio (=3.2) is close to 2-year high of 3.2.
The historical rank and industry rank for Comet Industries's PB Ratio or its related term are showing as below:
TSXV:CMU'
s PB Ratio Range Over the Past 10 Years
Min: 1.53 Med: 10.36 Max: 15.72
Current: 3.2
During the past 13 years, Comet Industries's highest PB Ratio was 15.72. The lowest was 1.53. And the median was 10.36.
TSXV:CMU's PB Ratio is ranked worse than 90.5% of 1715
companies
in the Real Estate industry
Industry Median: 0.81
vs TSXV:CMU: 3.20
During the past 12 months, Comet Industries's average Book Value Per Share Growth Rate was -6.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 77.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 59.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 28.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Comet Industries was 93.70% per year. The lowest was -42.70% per year. And the median was 9.80% 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.
Comet Industries PB Ratio Related Terms
Comet Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Comet Industries'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, Comet Industries'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.
Comet Industries PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Comet Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Comet Industries'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.
Comet Industries (TSXV:CMU) has a PB Ratio of 3.20 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 Comet Industries and its competitors. This is 69% below median its historical median of 10.36. Over the past decade, Comet Industries' PB Ratio has ranged from 1.53 to 15.72. According to the industry distribution chart, Comet Industries ranks #1552 out of 1715 companies in the Real Estate industry, placing it in the top 90.5%.
Is Comet Industries' PB Ratio too high?
Comet Industries' current PB Ratio of 3.20 is 69% below median its 10-year median of 10.36. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 15.72. The Real Estate industry median PB Ratio is 0.81. Comet Industries' value of 3.20 is 295.1% above this industry median. Based on the distribution chart, Comet Industries ranks #1552 out of 1715 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #1552 out of 1715 companies for PB Ratio. This places Comet Industries in the lower half of its industry. The industry median PB Ratio is 0.81. Comet Industries' value of 3.20 is 295.1% above this benchmark. Historically, Comet Industries' own PB Ratio has ranged from 1.53 to 15.72 over the past decade. While the company's 10-year median is 10.36 vs. the industry median of 0.81, Comet Industries 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 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. Comet Industries's current PB Ratio of 3.20 is 295.1% 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 Comet Industries 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. Comet Industries's current PB Ratio is 3.20, which is 69% below median its own 10-year median of 10.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current PB Ratio is 3.20, which is 69% below median its 10-year median of 10.36 and 295.1% above the Real Estate industry median of 0.81. Comet Industries' overall GF Score™ is 25/100 with 3 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 Comet Industries (TSXV:CMU), the current PB Ratio is 3.20 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 Comet Industries (TSXV:CMU) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued.
The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19.
GuruFocus considers Comet Industries to be Significantly Overvalued.
Key valuation signals for TSXV:CMU:
PB Ratio: 3.20 (69% below median its 10-year median of 10.36)
GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
Industry Position: 295.1% above the Real Estate median (#1552 of 1715)
No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
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