BBCP vs PEB: Correlation
Concrete Pumping Holdings, Inc. (BBCP) and Pebblebrook Hotel Trust (PEB) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBCP and PEB?
On 3 years of weekly data the BBCP/PEB correlation comes out at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.55 versus 0.44 over 3 years. The 5-year figure is 0.38, and annualized covariance runs at 716.9 %².
Within BBCP's tracked universe of 10 assets, PEB comes in at #4 by 3-year correlation. The last year tells two different stories: PEB led by 30.8 percentage points, +32.3% for BBCP against +63.1% for PEB.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BBCP vs PEB: side by side
| BBCP (Concrete Pumping Holdings, Inc.) | PEB (Pebblebrook Hotel Trust) | |
|---|---|---|
| 1-year return | +32.3% | +63.1% |
| 5-year return | +27.3% | -14.2% |
| Volatility (ann.) | 45.9% | 35.5% |
| Beta vs S&P 500 | 0.71 | 1.16 |
| Max drawdown (3Y) | -43.2% | -53.4% |
| Market cap | $0.5B | $2.1B |
| P/E (trailing) | 67.4 | – |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBCP | PEB |
|---|---|---|
| 2022 | -28.7% | -40.0% |
| 2023 | +40.2% | +19.7% |
| 2024 | -18.8% | -15.0% |
| 2025 | +13.7% | -16.1% |
| 2026 | +40.5% | +61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBCP and PEB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BBCP and PEB?
As of 2026-08-27, the correlation of weekly returns between BBCP and PEB is 0.44 over 3 years, 0.55 over 1 year and 0.38 over 5 years.
Is PEB a good diversifier for BBCP?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bbcp-vs-peb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bbcp-vs-peb/)
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Related comparisons
Hubs: BBCP correlations · PEB correlations
