GAMI (GAMCO Investors) Cyclically Adjusted PB Ratio: 10.00 (As of Jul. 18, 2026) — 285% Above Median

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GAMI GAMCO Investors Inc GAMI
76 GF Score
Price $24.51
GF Value $27.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is GAMCO Investors Cyclically Adjusted PB Ratio?

GAMCO Investors GAMI 76 Cyclically Adjusted PB Ratio is 10.00 as of Jul. 18, 2026, which is 285% above its 10-year median of 2.60. GuruFocus rates GAMI with a GF Score™ of 76/100 and a GF Value™ of $27.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 999 Asset Management companies, GAMCO Investors ranks worse than 97.9% on this metric.

As of today (2026-07-18), GAMCO Investors's current share price is $24.51. GAMCO Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.45. GAMCO Investors's Cyclically Adjusted PB Ratio for today is 10.00.

The historical rank and industry rank for GAMCO Investors's Cyclically Adjusted PB Ratio or its related term are showing as below:

GAMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.6   Max: 17.74
Current: 10.02

During the past years, GAMCO Investors's highest Cyclically Adjusted PB Ratio was 17.74. The lowest was 1.05. And the median was 2.60.

GAMI's Cyclically Adjusted PB Ratio is ranked worse than
97.9% of 999 companies
in the Asset Management industry
Industry Median: 0.85 vs GAMI: 10.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GAMCO Investors's adjusted book value per share data for the three months ended in Mar. 2026 was $7.984. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $2.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GAMCO Investors  (OTCPK:GAMI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


GAMCO Investors Cyclically Adjusted PB Ratio Related Terms


GAMCO Investors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GAMCO Investors's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GAMCO Investors Cyclically Adjusted PB Ratio Chart

GAMCO Investors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 2.51 4.01 7.96 12.69

GAMCO Investors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.18 12.27 16.46 12.69 9.82

GAMI vs WIW, BGY, EIM: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, GAMCO Investors's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


GAMCO Investors Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Investors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GAMCO Investors's Cyclically Adjusted PB Ratio falls into.


GAMI
76GF Score
GAMCO Investors Inc GAMI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GAMCO Investors Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

GAMCO Investors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.51/2.45
=10.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GAMCO Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GAMCO Investors's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.984/330.2130*330.2130
=7.984

Current CPI (Mar. 2026) = 330.2130.

GAMCO Investors Quarterly Data

Book Value per Share CPI Adj_Book
201606 -7.506 241.018 -10.284
201609 -6.738 241.428 -9.216
201612 -5.656 241.432 -7.736
201703 -5.047 243.801 -6.836
201706 -4.131 244.955 -5.569
201709 -3.582 246.819 -4.792
201712 -3.323 246.524 -4.451
201803 -2.517 249.554 -3.331
201806 -1.548 251.989 -2.029
201809 -0.419 252.439 -0.548
201812 0.332 251.233 0.436
201903 0.931 254.202 1.209
201906 0.815 256.143 1.051
201909 1.188 256.759 1.528
201912 1.998 256.974 2.567
202003 2.359 258.115 3.018
202006 2.767 257.797 3.544
202009 3.337 260.280 4.234
202012 3.160 260.474 4.006
202103 3.712 264.877 4.628
202106 2.248 271.696 2.732
202109 3.255 274.310 3.918
202112 3.512 278.802 4.160
202203 4.041 287.504 4.641
202206 4.550 296.311 5.071
202209 4.688 296.808 5.216
202212 5.415 296.797 6.025
202303 5.886 301.836 6.439
202306 6.377 305.109 6.902
202309 6.763 307.789 7.256
202312 7.266 306.746 7.822
202403 7.699 312.332 8.140
202406 7.907 314.175 8.311
202409 6.409 315.301 6.712
202412 5.988 315.605 6.265
202503 6.312 319.799 6.518
202506 6.816 322.561 6.978
202509 7.229 324.800 7.349
202512 7.788 324.054 7.936
202603 7.984 330.213 7.984

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 10.00 mean?
GAMCO Investors (GAMI) has a Cyclically Adjusted PB Ratio of 10.00 as of Jul. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GAMCO Investors and its competitors. This is 285% above median its historical median of 2.60. Over the past decade, GAMCO Investors' Cyclically Adjusted PB Ratio has ranged from 1.05 to 17.74. According to the industry distribution chart, GAMCO Investors ranks #978 out of 999 companies in the Asset Management industry, placing it in the top 97.9%.
Is GAMCO Investors' Cyclically Adjusted PB Ratio too high?
GAMCO Investors' current Cyclically Adjusted PB Ratio of 10.00 is 285% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 17.74. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. GAMCO Investors' value of 10.00 is 1076.5% above this industry median. Based on the distribution chart, GAMCO Investors ranks #978 out of 999 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, GAMCO Investors has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GAMCO Investors' Cyclically Adjusted PB Ratio compare to WIW and BGY?
According to the Asset Management industry distribution chart, GAMCO Investors ranks #978 out of 999 companies for Cyclically Adjusted PB Ratio. This places GAMCO Investors in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. GAMCO Investors' value of 10.00 is 1076.5% above this benchmark. Historically, GAMCO Investors' own Cyclically Adjusted PB Ratio has ranged from 1.05 to 17.74 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 0.85, GAMCO Investors 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 Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GAMCO Investors's current Cyclically Adjusted PB Ratio of 10.00 is 1076.5% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GAMCO Investors and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAMCO Investors's current Cyclically Adjusted PB Ratio is 10.00, which is 285% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAMCO Investors stock overvalued right now?
Based on GuruFocus' analysis, GAMCO Investors (GAMI) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.25, compared to a current price of $24.51 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.00, which is 285% above median its 10-year median of 2.60 and 1076.5% above the Asset Management industry median of 0.85. GAMCO Investors' overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For GAMCO Investors (GAMI), the current Cyclically Adjusted PB Ratio is 10.00 as of Jul. 18, 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 GAMCO Investors (GAMI) Overvalued in 2026?

Based on GuruFocus' analysis, GAMCO Investors stock appears to be undervalued. The current stock price of $24.51 is trading 10.1% below its estimated GF Value™ of $27.25. GuruFocus considers GAMCO Investors to be Modestly Undervalued.

Key valuation signals for GAMI:

  • Cyclically Adjusted PB Ratio: 10.00 (285% above median its 10-year median of 2.60)
  • GF Value™: $27.25 vs. price of $24.51 (10.1% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 1076.5% above the Asset Management median (#978 of 999)

No single metric tells the full story. See the GAMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GAMCO Investors Business Description

Address 249 Royal Palm Way, Palm Beach, FL, USA, 33480
GAMCO Investors Inc is a provider of Investment Advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based on the company's levels of assets under management (AUM) and fees associated with its various investment products. Its AUM is organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.
76GF Score

Get the complete analysis for GAMI

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.51
Price
$27.25
GF Value