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AllianceBernstein Holding LPAB +0.57%68 PB Ratio is 2.73 as of Aug. 20, 2026, which is 41% above its 10-year median of 1.94. GuruFocus rates AB with a GF Score™ of 68/100 and a GF Value™ of $41.40 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,593 Asset Management companies, AllianceBernstein Holding LP ranks worse than 88.39% on this metric.
The historical rank and industry rank for AllianceBernstein Holding LP's PB Ratio or its related term are showing as below:
AB'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.94 Max: 3.61
Current: 2.73
During the past 13 years, AllianceBernstein Holding LP's highest PB Ratio was 3.61. The lowest was 1.08. And the median was 1.94.
AB's PB Ratio is ranked worse than 88.39% of 1593
companies
in the Asset Management industry
Industry Median: 0.95
vs AB: 2.73
During the past 12 months, AllianceBernstein Holding LP's average Book Value Per Share Growth Rate was -25.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AllianceBernstein Holding LP was 105.90% per year. The lowest was -13.50% per year. And the median was 0.95% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
AllianceBernstein Holding LP PB Ratio Related Terms
AllianceBernstein Holding LP PB Ratio Historical Data
* 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.
For the Asset Management subindustry, AllianceBernstein Holding LP's PB Ratio, along with its competitors' market caps and 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.
AllianceBernstein Holding LP PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AllianceBernstein Holding LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where AllianceBernstein Holding LP's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
AllianceBernstein Holding LP (AB) has a PB Ratio of 2.73 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AllianceBernstein Holding LP and its competitors. This is 41% above median its historical median of 1.94. Over the past decade, AllianceBernstein Holding LP's PB Ratio has ranged from 1.08 to 3.61. According to the industry distribution chart, AllianceBernstein Holding LP ranks #1408 out of 1593 companies in the Asset Management industry, placing it in the top 88.4%.
Is AllianceBernstein Holding LP's PB Ratio too high?
AllianceBernstein Holding LP's current PB Ratio of 2.73 is 41% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.61. The Asset Management industry median PB Ratio is 0.95. AllianceBernstein Holding LP's value of 2.73 is 187.4% above this industry median. Based on the distribution chart, AllianceBernstein Holding LP ranks #1408 out of 1593 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, AllianceBernstein Holding LP has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AllianceBernstein Holding LP's PB Ratio compare to STEP and NEA?
According to the Asset Management industry distribution chart, AllianceBernstein Holding LP ranks #1408 out of 1593 companies for PB Ratio. This places AllianceBernstein Holding LP in the lower half of its industry. The industry median PB Ratio is 0.95. AllianceBernstein Holding LP's value of 2.73 is 187.4% above this benchmark. Historically, AllianceBernstein Holding LP's own PB Ratio has ranged from 1.08 to 3.61 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 0.95, AllianceBernstein Holding LP 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,593 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AllianceBernstein Holding LP's current PB Ratio of 2.73 is 187.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AllianceBernstein Holding LP and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AllianceBernstein Holding LP's current PB Ratio is 2.73, which is 41% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AllianceBernstein Holding LP stock overvalued right now?
Based on GuruFocus' analysis, AllianceBernstein Holding LP (AB) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.40, compared to a current price of $36.43 — trading 12% below its estimated fair value. The current PB Ratio is 2.73, which is 41% above median its 10-year median of 1.94 and 187.4% above the Asset Management industry median of 0.95. AllianceBernstein Holding LP's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For AllianceBernstein Holding LP (AB), the current PB Ratio is 2.73 as of Aug. 20, 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 AllianceBernstein Holding LP (AB) Overvalued in 2026?
Based on GuruFocus' analysis, AllianceBernstein Holding LP stock appears to be undervalued.
The current stock price of $36.43 is trading 12% below its estimated GF Value™ of $41.40.
GuruFocus considers AllianceBernstein Holding LP to be Modestly Undervalued.
Key valuation signals for AB:
PB Ratio: 2.73 (41% above median its 10-year median of 1.94)
GF Value™: $41.40 vs. price of $36.43 (12% below fair value)
Industry Position: 187.4% above the Asset Management median (#1408 of 1593)
No single metric tells the full story. See the AB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AllianceBernstein provides investment management services to institutional (41% of assets under management), retail (41%), and private (18%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of February 2026, the company had $880.0 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (40%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.
68GF Score
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