CBL vs PGRE

Comparison between CBL& Associates Properties Inc - New (CBL, Company) and PARAMOUNT GROUP, INC. (PGRE, Company).

Both CBL and PGRE are from the Real Estate sector.

5-Year PerformanceCBL has outperformed PGRE, delivering a return of +19.1% compared to -3.6%

CBL vs PGRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBL(COMPANY)	PGRE(COMPANY)
Market Cap	$1.47B	$1.46B
Max Drawdown	39.44%	80.05%
Sharpe Ratio	2.48	0.93
5Y Beta	0.71	N/A
Industry	Reit - Retail	Reit - Office
P/E Ratio	8.38	-14.88
PEG Ratio	0.05	N/A
Dividend Yield	3.70%	N/A
5Y Dividends CAGR	N/A	-18.94%
5Y EPS CAGR	N/A	10.84%
Debt to Equity	1050.70%	0.00%
Free Cash Flow Yield	18.47%	11.70%

Market Cap

Winner

CBL

$1.47B

PGRE

$1.46B

Max Drawdown

Winner

CBL

39.44%

PGRE

80.05%

Sharpe Ratio

Winner

CBL

2.48

PGRE

0.93

5Y Beta

CBL

0.71

PGRE

N/A

Industry

CBL

Reit - Retail

PGRE

Reit - Office

P/E Ratio

CBL

8.38

Winner

PGRE

-14.88

PEG Ratio

CBL

0.05

PGRE

N/A

Dividend Yield

CBL

3.70%

PGRE

N/A

5Y Dividends CAGR

CBL

N/A

PGRE

-18.94%

5Y EPS CAGR

CBL

N/A

PGRE

10.84%

Debt to Equity

CBL

1050.70%

Winner

PGRE

0.00%

Free Cash Flow Yield

Winner

CBL

18.47%

PGRE

11.70%

CBL vs PGRE - Historical Returns

Returns include dividend reinvestment.

Period	CBL	PGRE
1 month	+3.98%	+0.76%
3 months	+28.79%	+0.61%
6 months	+27.67%	+4.27%
1 year	+94.40%	+41.63%
5 years(CAGR)	+19.11%	-3.63%
10 years(CAGR)	N/A	-6.81%
Max(CAGR)	+19.11%	-6.22%

Winner

CBL

+3.98%

PGRE

+0.76%

Winner

CBL

+28.79%

PGRE

+0.61%

Winner

CBL

+27.67%

PGRE

+4.27%

Winner

CBL

+94.40%

PGRE

+41.63%

5Y(CAGR)

Winner

CBL

+19.11%

PGRE

-3.63%

10Y(CAGR)

CBL

N/A

PGRE

-6.81%

Max(CAGR)

Winner

CBL

+19.11%

PGRE

-6.22%

CBL vs PGRE - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	CBL	PGRE
2026	+32.06%	N/A
2025	+35.33%	+33.06%
2024	+25.95%	-4.11%
2023	+12.62%	-9.03%
2022	-14.58%	-30.15%
2021	+4.00%	-2.59%
2020	N/A	-30.65%
2019	N/A	+16.89%
2018	N/A	-18.24%
2017	N/A	-0.00%
2016	N/A	-8.21%
2015	N/A	-1.31%
2014	N/A	+2.26%

CBL vs PGRE Drawdown Comparison

The maximum drawdown for CBL was -34.02%, occurring on May 10, 2022. Recovery took 638 trading sessions.

The maximum drawdown for PGRE was -73.74%, occurring on Mar 23, 2023. This drawdown has not yet recovered.

The current CBL drawdown is -4.63%. The current PGRE drawdown is -54.81%.

Rank	CBL	PGRE
#1	-34.02% Apr 1, 2022 - Oct 16, 2024	-73.74% Jan 29, 2015 - Mar 23, 2023
#2	-29.03% Feb 14, 2025 - Aug 22, 2025	-3.94% Nov 28, 2014 - Jan 5, 2015
#3	-18.71% Nov 5, 2021 - Mar 28, 2022	-2.15% Jan 8, 2015 - Jan 26, 2015
#4	-12.31% Sep 11, 2025 - Nov 7, 2025	-0.20% Jan 26, 2015 - Jan 29, 2015
#5	-11.40% Dec 4, 2024 - Feb 13, 2025	-0.17% Nov 19, 2014 - Nov 21, 2014
#6	-10.58% Dec 18, 2025 - Feb 20, 2026	N/A
#7	-5.16% Oct 22, 2024 - Nov 6, 2024	N/A
#8	-4.95% Jun 12, 2026 - Jun 17, 2026	N/A
#9	-4.05% Apr 27, 2026 - May 8, 2026	N/A
#10	-3.43% Mar 10, 2026 - Mar 19, 2026	N/A
#11	-3.29% May 8, 2026 - May 20, 2026	N/A
#12	-3.11% Nov 7, 2025 - Nov 21, 2025	N/A
#13	-2.90% Feb 20, 2026 - Mar 10, 2026	N/A
#14	-2.76% Mar 19, 2026 - Mar 30, 2026	N/A
#15	-2.08% Jun 2, 2026 - Jun 9, 2026	N/A

Correlation

Correlation between CBL and PGRE is 0.21 which considered as a very weak or no correlation - the stocks move independently of each other.

0.21

-101

Dividend Comparison (2015 - 2026)

CBL vs PGRE dividend yield comparison.

Year	CBL	PGRE
2026	2.64%	0.00%
2025	6.76%	0.00%
2024	5.44%	1.42%
2023	6.14%	3.53%
2022	12.78%	5.22%
2021	0.00%	3.36%
2020	0.00%	4.09%
2019	0.00%	2.87%
2018	0.00%	3.18%
2017	0.00%	2.40%
2016	0.00%	2.38%
2015	0.00%	2.31%