Four cyclotriphosphazene-based benzoxazine monomers (I, II, III, and IV) with relatively high molecular weight were synthesized by a nucleophilic substitution reaction, and their chemical structures were confirmed by 1 H-NMR and 31 P-NMR. A new term, oxazine value (OV, similar to epoxy value), was first proposed to explain the structure-property relationship of the cured polymers. The polymerization behaviors of the four monomers were studied by differential scanning calorimetry and Fourier transform infrared spectroscopy. The maximum exothermic peaks of the four monomers are in the range 244-248 8C. All monomers possess a wide processing window despite their high molecular weight. The thermal stability, glass-transition temperature (T g ), and mechanical properties of each cured polymer were studied by thermogravimetric analysis and dynamic mechanical thermal analysis. The char yield at 850 8C, T g , and storage moduli of PIV (polybenzoxazine obtained from monomer IV) are 60.0%, 218 8C, and 9.0 GPa, respectively. The surface property and humidity absorption character of the cured polybenzoxazines were also studied. V C 2016 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2017, 134, 44453.