Peet (ASX:PPC) Price-to-Tangible-Book: 1.31 (As of Aug. 15, 2026) — 25% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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:PPC Peet Ltd ASX:PPC
78 GF Score
Price A$1.76
GF Value A$2.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Peet Price-to-Tangible-Book?

Peet ASX:PPC -0.28% 78 Price-to-Tangible-Book is 1.31 as of Aug. 15, 2026, which is 25% above its 10-year median of 1.05. GuruFocus rates ASX:PPC with a GF Score™ of 78/100 and a GF Value™ of A$2.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,680 Real Estate companies, Peet ranks worse than 68.87% on this metric.

As of today (2026-08-15), Peet's share price is A$1.755. Peet's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was A$1.34. Hence, Peet's Price to Tangible Book Ratio of today is 1.31.

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

ASX:PPC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.05   Max: 1.48
Current: 1.31

During the past 13 years, Peet's highest Price to Tangible Book Ratio was 1.48. The lowest was 0.83. And the median was 1.05.

ASX:PPC's Price-to-Tangible-Book is ranked worse than
68.87% of 1680 companies
in the Real Estate industry
Industry Median: 0.84 vs ASX:PPC: 1.31

A closely related ratio is called PB Ratio. As of today, Peet's share price is A$1.755. Peet's Book Value per Sharefor the quarter that ended in Dec. 2025 was A$1.34. Hence, Peet's P/B Ratio of today is 1.31.


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.


Peet Price-to-Tangible-Book Related Terms


Peet Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Peet'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.

Peet Price-to-Tangible-Book Chart

Peet Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.83 1.03 0.99 1.33

Peet Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.06 0.99 1.17 1.33 1.48

Peet Price-to-Tangible-Book Competitor Comparison

For the Real Estate - Development subindustry, Peet'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.


Peet Price-to-Tangible-Book vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Peet's Price-to-Tangible-Book distribution charts can be found below:

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


ASX:PPC
78GF Score
Peet Ltd ASX:PPC
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Peet Price-to-Tangible-Book Calculation

Peet's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2025 )
=1.755/1.341
=1.31

* 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 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.31 mean?
Peet (ASX:PPC) has a Price-to-Tangible-Book of 1.31 as of Aug. 15, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Peet and its competitors. This is 25% above median its historical median of 1.05. Over the past decade, Peet's Price-to-Tangible-Book has ranged from 0.83 to 1.48. According to the industry distribution chart, Peet ranks #1157 out of 1680 companies in the Real Estate industry, placing it in the top 68.9%.
Is Peet's Price-to-Tangible-Book too high?
Peet's current Price-to-Tangible-Book of 1.31 is 25% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.48. The Real Estate industry median Price-to-Tangible-Book is 0.84. Peet's value of 1.31 is 56% above this industry median. Based on the distribution chart, Peet ranks #1157 out of 1680 companies in the Real Estate industry, which is below the industry midpoint. Overall, Peet has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Peet's Price-to-Tangible-Book compare to competitors?
According to the Real Estate industry distribution chart, Peet ranks #1157 out of 1680 companies for Price-to-Tangible-Book. This places Peet in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Peet's value of 1.31 is 56% above this benchmark. Historically, Peet's own Price-to-Tangible-Book has ranged from 0.83 to 1.48 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.84, Peet 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 Price-to-Tangible-Book for a Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.84, based on 1,680 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Peet's current Price-to-Tangible-Book of 1.31 is 56% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Peet and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Peet's current Price-to-Tangible-Book is 1.31, which is 25% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peet stock overvalued right now?
Based on GuruFocus' analysis, Peet (ASX:PPC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.29, compared to a current price of A$1.76 — trading 23.4% below its estimated fair value. The current Price-to-Tangible-Book is 1.31, which is 25% above median its 10-year median of 1.05 and 56% above the Real Estate industry median of 0.84. Peet's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Peet (ASX:PPC), the current Price-to-Tangible-Book is 1.31 as of Aug. 15, 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 Peet (ASX:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, Peet stock appears to be undervalued. The current stock price of A$1.76 is trading 23.4% below its estimated GF Value™ of A$2.29. GuruFocus considers Peet to be Modestly Undervalued.

Key valuation signals for ASX:PPC:

  • Price-to-Tangible-Book: 1.31 (25% above median its 10-year median of 1.05)
  • GF Value™: A$2.29 vs. price of A$1.76 (23.4% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 56% above the Real Estate median (#1157 of 1680)

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


Peet Business Description

Address 200 St Georges Terrace, 7th Floor, Perth, WA, AUS, 6000
Peet Ltd acquires, develops, and markets residential land, predominantly under a capital-efficient funds management model. The company earns revenue from the sale of land, underwriting, capital raising, and asset identification services; Ongoing project-related fees mainly include project management, selling fees, and performance fees. It operates in the following segments: Funds management; Company-owned projects; Joint arrangements, Inter-segment transfers, and other unallocated. The Company-owned projects segment accounts for the majority of revenue.
78GF Score

Get the complete analysis for ASX:PPC

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

A$1.76
Price
A$2.29
GF Value