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City DevelopmentsCDEVF -3.85%57 Price-to-Tangible-Book is 0.78 as of Aug. 03, 2026, which is at its 10-year median of 0.78. GuruFocus rates CDEVF with a GF Score™ of 57/100 and a GF Value™ of $2.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,678 Real Estate companies, City Developments ranks better than 56.14% on this metric.
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.
City Developments Price-to-Tangible-Book Related Terms
City Developments Price-to-Tangible-Book Historical Data
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The historical data trend for City Developments'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.
City Developments Price-to-Tangible-Book Competitor Comparison
For the Real Estate - Development subindustry, City Developments'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.
City Developments Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, City Developments's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where City Developments's Price-to-Tangible-Book falls into.
* 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.
City Developments (CDEVF) has a Price-to-Tangible-Book of 0.78 as of Aug. 03, 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 City Developments and its competitors. This is near median its historical median of 0.78. Over the past decade, City Developments' Price-to-Tangible-Book has ranged from 0.50 to 1.18. According to the industry distribution chart, City Developments ranks #736 out of 1678 companies in the Real Estate industry, placing it in the top 43.9%.
Is City Developments' Price-to-Tangible-Book too high?
City Developments' current Price-to-Tangible-Book of 0.78 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.18. The Real Estate industry median Price-to-Tangible-Book is 0.83. City Developments' value of 0.78 is 6% below this industry median. Based on the distribution chart, City Developments ranks #736 out of 1678 companies in the Real Estate industry, which is above the industry midpoint. Overall, City Developments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Price-to-Tangible-Book compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #736 out of 1678 companies for Price-to-Tangible-Book. This puts City Developments in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.83. City Developments' value of 0.78 is 6% below this benchmark. Historically, City Developments' own Price-to-Tangible-Book has ranged from 0.50 to 1.18 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.83, City Developments 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 Price-to-Tangible-Book for a Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.83, based on 1,678 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. City Developments's current Price-to-Tangible-Book of 0.78 is 6% 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 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 City Developments and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current Price-to-Tangible-Book is 0.78, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.50, compared to a current price of $6.49 — trading 159.6% above its estimated fair value. The current Price-to-Tangible-Book is 0.78, which is near median its 10-year median of 0.78 and 6% below the Real Estate industry median of 0.83. City Developments' overall GF Score™ is 57/100 with 7 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 City Developments (CDEVF), the current Price-to-Tangible-Book is 0.78 as of Aug. 03, 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 City Developments (CDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, City Developments stock appears to be overvalued.
The current stock price of $6.49 is trading 159.6% above its estimated GF Value™ of $2.50.
GuruFocus considers City Developments to be Significantly Overvalued.
Key valuation signals for CDEVF:
Price-to-Tangible-Book: 0.78 (near median its 10-year median of 0.78)
GF Value™: $2.50 vs. price of $6.49 (159.6% above fair value)
Industry Position: 6% below the Real Estate median (#736 of 1678)
No single metric tells the full story. See the CDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
57GF Score
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