CBL & Associates Properties price to book ratio CBL

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 3.6×
5-year median: 2.3×
Against its 5-year history: 90th; percentile: 0 is its lowest day, 100 its highest
5-year range: 1.2× to 12.8×
Peer median: 1.4×

CBL & Associates Properties' price to book ratio is 3.6× as of Oct 23, 2026.

That is above its 5-year median of 2.3×, higher than on 90% of days in the last 5 years.

Over that time it ranged from 1.2× in Feb 2022 to 12.8× in Nov 2021.

The median for 10 specialty REITs of a similar size is 1.4×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.6×	3.1×	4.6×
2025	3.2×	2.2×	3.4×
2024	3.0×	2.1×	3.1×
2023	2.3×	1.7×	2.3×
2022	1.7×	1.2×	2.7×
2021	1.4×	1.2×	12.8×

Against its peers

Companies in REIT - Specialty nearest CBL & Associates Properties' size, closest first, today.

Company	Price to book ratio
CBLCBL & Associates Properties	3.6×
BXMTBlackstone Mortgage Trust	0.5×
UMHUMH Properties	1.5×
AATAmerican Assets Trust	1.2×
ALXAlexanders	5.7×
SMASmartStop Self Storage REIT	1.7×
NTSTNETSTREIT	1.1×
DEAEasterly Government Properties	0.8×
IVTInvenTrust Properties	1.3×
LTCLTC Properties	1.9×
FCPTFour Corners Property Trust	1.5×
Peer median	1.4×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on CBL & Associates Properties

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.