COG Financial Services (ASX:COG) Price-to-Tangible-Book: (As of Sep. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

ASX:COG COG Financial Services Ltd ASX:COG
27 GF Score
Price A$1.67
GF Value A$1.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is COG Financial Services Price-to-Tangible-Book?

As of today (2026-09-15), COG Financial Services's share price is A$1.67. COG Financial Services's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$-0.04. Hence, COG Financial Services's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for COG Financial Services's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, COG Financial Services's highest Price to Tangible Book Ratio was 30.41. The lowest was 2.71. And the median was 6.49.

ASX:COG's Price-to-Tangible-Book is not ranked *
in the Capital Markets industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, COG Financial Services's share price is A$1.67. COG Financial Services's Book Value per Sharefor the quarter that ended in Jun. 2026 was A$0.97. Hence, COG Financial Services's P/B Ratio of today is 1.72.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

COG Financial Services Price-to-Tangible-Book Related Terms

COG Financial Services Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for COG Financial Services's Price-to-Tangible-Book 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.

COG Financial Services Price-to-Tangible-Book Chart

COG Financial Services Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.68 8.27 11.39 0.00 0.00

COG Financial Services Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only 8.27 7.31 11.39 0.00 0.00

ASX:COG vs MS, GS, SCHW: Price-to-Tangible-Book Comparison

For the Capital Markets subindustry, COG Financial Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

COG Financial Services Price-to-Tangible-Book vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, COG Financial Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where COG Financial Services's Price-to-Tangible-Book falls into.


ASX:COG
27GF Score
COG Financial Services Ltd ASX:COG
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COG Financial Services Price-to-Tangible-Book Calculation

COG Financial Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=1.67/-0.044
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Is COG Financial Services (ASX:COG) Overvalued in 2026?

Based on GuruFocus' analysis, COG Financial Services stock appears to be overvalued. The current stock price of A$1.67 is trading 67% above its estimated GF Value™ of A$1.00. GuruFocus considers COG Financial Services to be Significantly Overvalued.

Key valuation signals for ASX:COG:

  • Price-to-Tangible-Book:
  • GF Value™: A$1.00 vs. price of A$1.67 (67% above fair value)
  • GF Score™: 27/100 with 3 warning signs

No single metric tells the full story. See the ASX:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

COG Financial Services Business Description

Address 72 Archer Street, Level 1, Chatswood, Sydney, NSW, AUS, 2067
COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share by investing in complementary entities and growing existing businesses that specialise in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on products finance and asset types; Novated Leasing; Asset Management and Lending activities, and others.
27GF Score

Get the complete analysis for ASX:COG

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.67
Price
A$1.00
GF Value