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APAM (Artisan Partners Asset Management) PB Ratio : 9.13 (As of Dec. 11, 2024)


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What is Artisan Partners Asset Management PB Ratio?

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. As of today (2024-12-11), Artisan Partners Asset Management's share price is $48.48. Artisan Partners Asset Management's Book Value per Share for the quarter that ended in Sep. 2024 was $5.31. Hence, Artisan Partners Asset Management's PB Ratio of today is 9.13.

The historical rank and industry rank for Artisan Partners Asset Management's PB Ratio or its related term are showing as below:

APAM' s PB Ratio Range Over the Past 10 Years
Min: 7.42   Med: 11.19   Max: 21.16
Current: 9.13

During the past 13 years, Artisan Partners Asset Management's highest PB Ratio was 21.16. The lowest was 7.42. And the median was 11.19.

APAM's PB Ratio is ranked worse than
97.53% of 1661 companies
in the Asset Management industry
Industry Median: 0.95 vs APAM: 9.13

During the past 12 months, Artisan Partners Asset Management's average Book Value Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Artisan Partners Asset Management was 91.10% per year. The lowest was -12.40% per year. And the median was 13.70% per year.

Back to Basics: PB Ratio


Artisan Partners Asset Management PB Ratio Historical Data

The historical data trend for Artisan Partners Asset Management's 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.

* Premium members only.

Artisan Partners Asset Management PB Ratio Chart

Artisan Partners Asset Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 17.61 11.50 7.70 9.34

Artisan Partners Asset Management Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.61 9.34 9.99 8.46 8.16

Competitive Comparison of Artisan Partners Asset Management's PB Ratio

For the Asset Management subindustry, Artisan Partners Asset Management'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.


Artisan Partners Asset Management's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's PB Ratio distribution charts can be found below:

* The bar in red indicates where Artisan Partners Asset Management's PB Ratio falls into.



Artisan Partners Asset Management PB Ratio Calculation

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.

Artisan Partners Asset Management's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=48.48/5.31
=9.13

* 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.


Artisan Partners Asset Management  (NYSE:APAM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Artisan Partners Asset Management PB Ratio Related Terms

Thank you for viewing the detailed overview of Artisan Partners Asset Management's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Artisan Partners Asset Management Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.
Executives
Gregory K Ramirez officer: Senior Vice President 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Laura Ellen Simpson officer: Exec VP, CLO & Secretary 875 E WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Samuel Bentson Sellers officer: Executive Vice President 875 E WISCONSIN AVENUE SUITE 800, MILWAUKEE WI 53202
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Saloni S Multani director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Eileen Lee Kwei officer: Executive Vice President ONE CALIFORNIA STREET SUITE 2800, SAN FRANCISCO CA 94111
Jason A Gottlieb officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Jennifer Barbetta director ARTISAN PARTNERS ASSET MANAGEMENT INC., 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Christopher J Krein officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Zfic, Inc. director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Carlene M Ziegler director C/O ARTISAN PARTNERS LIMITED PARTNERSHIP, 875 EAST WISCONSIN AVE STE 800, MILWAUKEE WI 53202
Andrew A Ziegler director C/O ZIEGLER FAMILY OFFICE, 100 N. CORPORATE DRIVE, SUITE 190, BROOKFIELD WI 53045
Artisan Investment Corp director 875 EAST WISONSIN AVE STE 800, MILWAUKEE WI 53202
Hamman James S Jr officer: Executive Vice President 70 MUIRFIELD CIRCLE, WHEATON IL 60187
Stephanie Dimarco director 301 BRANNAN ST, SAN FRANCISCO CA 94107