Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
General American Investors CoGAM +0.43%60 3-Year Book Growth Rate is 14.50% as of Jun. 2026, which is 179% above its 10-year median of 5.20. GuruFocus rates GAM with a GF Score™ of 60/100 and a GF Value™ of $67.61 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,526 Asset Management companies, General American Investors Co ranks better than 85.98% on this metric.
During the past 12 months, General American Investors Co's average Book Value per Share Growth Rate was 14.20% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 7.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 10 years, the highest 3-Year average Book Value per Share Growth Rate of General American Investors Co was 15.10% per year. The lowest was -0.20% per year. And the median was 5.20% per year.
General American Investors Co (NYSE:GAM) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
General American Investors Co 3-Year Book Growth Rate Related Terms
GAM vs CET, CSWC, RQI: 3-Year Book Growth Rate Comparison
For the Asset Management subindustry, General American Investors Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
General American Investors Co 3-Year Book Growth Rate vs Asset Management Industry
For the Asset Management industry and Financial Services sector, General American Investors Co's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where General American Investors Co's 3-Year Book Growth Rate falls into.
General American Investors Co 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 14.50% mean?
General American Investors Co (GAM) has a 3-Year Book Growth Rate of 14.50% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for General American Investors Co and its competitors. This is 179% above median its historical median of 5.20. According to the industry distribution chart, General American Investors Co ranks #214 out of 1526 companies in the Asset Management industry, placing it in the top 14%.
Is General American Investors Co's 3-Year Book Growth Rate too high?
General American Investors Co's current 3-Year Book Growth Rate of 14.50% is 179% above median its 10-year median of 5.20. The Asset Management industry median 3-Year Book Growth Rate is 2.00. General American Investors Co's value of 14.50% is 625% above this industry median. Based on the distribution chart, General American Investors Co ranks #214 out of 1526 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, General American Investors Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General American Investors Co's 3-Year Book Growth Rate compare to CET and CSWC?
According to the Asset Management industry distribution chart, General American Investors Co ranks #214 out of 1526 companies for 3-Year Book Growth Rate. This places General American Investors Co in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 2.00. General American Investors Co's value of 14.50% is 625% above this benchmark. While the company's 10-year median is 5.20 vs. the industry median of 2.00, General American Investors Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Asset Management company?
The median 3-Year Book Growth Rate among Asset Management companies is 2.00, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General American Investors Co's current 3-Year Book Growth Rate of 14.50% is 625% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for General American Investors Co and its competitors. For the Asset Management industry, the median 3-Year Book Growth Rate is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General American Investors Co's current 3-Year Book Growth Rate is 14.50%, which is 179% above median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General American Investors Co stock overvalued right now?
Based on GuruFocus' analysis, General American Investors Co (GAM) is currently considered Fairly Valued. The stock's GF Value™ is $67.61, compared to a current price of $65.73 — trading 2.8% below its estimated fair value. The current 3-Year Book Growth Rate is 14.50%, which is 179% above median its 10-year median of 5.20 and 625% above the Asset Management industry median of 2.00. General American Investors Co's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For General American Investors Co (GAM), the current 3-Year Book Growth Rate is 14.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is General American Investors Co (GAM) Overvalued in 2026?
Based on GuruFocus' analysis, General American Investors Co stock appears to be undervalued.
The current stock price of $65.73 is trading 2.8% below its estimated GF Value™ of $67.61.
GuruFocus considers General American Investors Co to be Fairly Valued.
Key valuation signals for GAM:
3-Year Book Growth Rate: 14.50% (179% above median its 10-year median of 5.20)
GF Value™: $67.61 vs. price of $65.73 (2.8% below fair value)
Industry Position: 625% above the Asset Management median (#214 of 1526)
No single metric tells the full story. See the GAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General American Investors Co Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations. The company invests principally in common stocks believed by management to have growth potential.
60GF Score
Get the complete analysis for GAM
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GAM has been successfully added to your 
