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Tatton Asset ManagementLSE:TAM -2.25%99 Cyclically Adjusted PB Ratio is 13.72 as of Jul. 18, 2026, which is 9% below its 10-year median of 15.13. GuruFocus rates LSE:TAM with a GF Score™ of 99/100 and a GF Value™ of £8.67 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 999 Asset Management companies, Tatton Asset Management ranks worse than 98.6% on this metric.
The historical rank and industry rank for Tatton Asset Management's Cyclically Adjusted PB Ratio or its related term are showing as below:
LSE:TAM'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.04 Med: 15.13 Max: 18.95
Current: 12.62
During the past 12 years, Tatton Asset Management's highest Cyclically Adjusted PB Ratio was 18.95. The lowest was 10.04. And the median was 15.13.
LSE:TAM's Cyclically Adjusted PB Ratio is ranked worse than 98.6% of 999
companies
in the Asset Management industry
Industry Median: 0.85
vs LSE:TAM: 12.62
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.
Tatton Asset Management's adjusted book value per share data of for the fiscal year that ended in Mar26 was £0.907. 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 £0.57 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tatton Asset Management (LSE:TAM) 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.
Tatton Asset Management Cyclically Adjusted PB Ratio Related Terms
Tatton Asset Management Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Tatton Asset Management'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.
Tatton Asset Management Cyclically Adjusted PB Ratio Chart
LSE:TAM vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Tatton Asset Management'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.
Tatton Asset Management Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Tatton Asset Management's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tatton Asset Management's Cyclically Adjusted PB Ratio falls into.
Tatton Asset Management 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.
* 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.
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 13.72 mean?
Tatton Asset Management (LSE:TAM) has a Cyclically Adjusted PB Ratio of 13.72 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 Tatton Asset Management and its competitors. This is near median its historical median of 15.13. Over the past decade, Tatton Asset Management's Cyclically Adjusted PB Ratio has ranged from 10.04 to 18.95. According to the industry distribution chart, Tatton Asset Management ranks #985 out of 999 companies in the Asset Management industry, placing it in the top 98.6%.
Is Tatton Asset Management's Cyclically Adjusted PB Ratio too high?
Tatton Asset Management's current Cyclically Adjusted PB Ratio of 13.72 is near median its 10-year median of 15.13. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 18.95. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Tatton Asset Management's value of 13.72 is 1514.1% above this industry median. Based on the distribution chart, Tatton Asset Management ranks #985 out of 999 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Tatton Asset Management has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tatton Asset Management's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Tatton Asset Management ranks #985 out of 999 companies for Cyclically Adjusted PB Ratio. This places Tatton Asset Management in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Tatton Asset Management's value of 13.72 is 1514.1% above this benchmark. Historically, Tatton Asset Management's own Cyclically Adjusted PB Ratio has ranged from 10.04 to 18.95 over the past decade. While the company's 10-year median is 15.13 vs. the industry median of 0.85, Tatton Asset Management 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. Tatton Asset Management's current Cyclically Adjusted PB Ratio of 13.72 is 1514.1% 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 Tatton Asset Management 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. Tatton Asset Management's current Cyclically Adjusted PB Ratio is 13.72, which is near median its own 10-year median of 15.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatton Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Tatton Asset Management (LSE:TAM) is currently considered Modestly Undervalued. The stock's GF Value™ is £8.67, compared to a current price of £7.82 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.72, which is near median its 10-year median of 15.13 and 1514.1% above the Asset Management industry median of 0.85. Tatton Asset Management's overall GF Score™ is 99/100 with 1 warning sign 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 Tatton Asset Management (LSE:TAM), the current Cyclically Adjusted PB Ratio is 13.72 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 Tatton Asset Management (LSE:TAM) Overvalued in 2026?
Based on GuruFocus' analysis, Tatton Asset Management stock appears to be undervalued.
The current stock price of £7.82 is trading 9.8% below its estimated GF Value™ of £8.67.
GuruFocus considers Tatton Asset Management to be Modestly Undervalued.
Key valuation signals for LSE:TAM:
Cyclically Adjusted PB Ratio: 13.72 (near median its 10-year median of 15.13)
GF Value™: £8.67 vs. price of £7.82 (9.8% below fair value)
Industry Position: 1514.1% above the Asset Management median (#985 of 999)
No single metric tells the full story. See the LSE:TAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.
99GF Score
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