GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CBL & Associates Properties Inc (FRA:CAZ0) » Definitions » PB Ratio

CBL & Associates Properties (FRA:CAZ0) PB Ratio : 2.14 (As of May. 18, 2024)


View and export this data going back to 2021. Start your Free Trial

What is CBL & Associates Properties PB Ratio?

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 (2024-05-18), CBL & Associates Properties's share price is €19.90. CBL & Associates Properties's Book Value per Share for the quarter that ended in Mar. 2024 was €9.31. Hence, CBL & Associates Properties's PB Ratio of today is 2.14.

Warning Sign:

CBL & Associates Properties Inc stock PB Ratio (=2.18) is close to 3-year high of 2.37

The historical rank and industry rank for CBL & Associates Properties's PB Ratio or its related term are showing as below:

FRA:CAZ0' s PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.05   Max: 2.37
Current: 2.18

During the past 5 years, CBL & Associates Properties's highest PB Ratio was 2.37. The lowest was 1.21. And the median was 2.05.

FRA:CAZ0's PB Ratio is ranked worse than
92.71% of 850 companies
in the REITs industry
Industry Median: 0.835 vs FRA:CAZ0: 2.18

During the past 12 months, CBL & Associates Properties's average Book Value Per Share Growth Rate was -10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 57.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of CBL & Associates Properties was 57.70% per year. The lowest was 57.70% per year. And the median was 57.70% per year.

Back to Basics: PB Ratio


CBL & Associates Properties PB Ratio Historical Data

The historical data trend for CBL & Associates Properties'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.

* Premium members only.

CBL & Associates Properties PB Ratio Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.91 2.26

CBL & Associates Properties Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.16 2.10 1.97 2.26 2.21

Competitive Comparison of CBL & Associates Properties's PB Ratio

For the REIT - Retail subindustry, CBL & Associates Properties'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.


CBL & Associates Properties's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CBL & Associates Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's PB Ratio falls into.



CBL & Associates Properties 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.

CBL & Associates Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=19.90/9.311
=2.14

* 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.


CBL & Associates Properties  (FRA:CAZ0) 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.


CBL & Associates Properties PB Ratio Related Terms

Thank you for viewing the detailed overview of CBL & Associates Properties's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CBL & Associates Properties (FRA:CAZ0) Business Description

Traded in Other Exchanges
Address
2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.

CBL & Associates Properties (FRA:CAZ0) Headlines

No Headlines