What is Artisan Partners Asset Management PB Ratio?
Artisan Partners Asset ManagementAPAM +2.10%80 PB Ratio is 6.49 as of Jun. 27, 2026, which is 35% below its 10-year median of 10.02. GuruFocus rates APAM with a GF Score™ of 80/100 and a GF Value™ of $47.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,604 Asset Management companies, Artisan Partners Asset Management ranks worse than 96.07% on this metric.
APAM'
s PB Ratio Range Over the Past 10 Years
Min: 5.64 Med: 10.02 Max: 21.16
Current: 6.49
During the past 13 years, Artisan Partners Asset Management's highest PB Ratio was 21.16. The lowest was 5.64. And the median was 10.02.
APAM's PB Ratio is ranked worse than 96.07% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs APAM: 6.49
During the past 12 months, Artisan Partners Asset Management's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% 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 13.80% per year.
Back to Basics: PB Ratio
Artisan Partners Asset Management (NYSE:APAM) PB Ratio Explanation
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
Artisan Partners Asset Management 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, 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 PB Ratio vs 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.
* 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 (APAM) has a PB Ratio of 6.49 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Artisan Partners Asset Management and its competitors. This is 35% below median its historical median of 10.02. Over the past decade, Artisan Partners Asset Management's PB Ratio has ranged from 5.64 to 21.16. According to the industry distribution chart, Artisan Partners Asset Management ranks #1541 out of 1604 companies in the Asset Management industry, placing it in the top 96.1%.
Is Artisan Partners Asset Management's PB Ratio too high?
Artisan Partners Asset Management's current PB Ratio of 6.49 is 35% below median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 5.64 to a high of 21.16. The Asset Management industry median PB Ratio is 0.95. Artisan Partners Asset Management's value of 6.49 is 583.2% above this industry median. Based on the distribution chart, Artisan Partners Asset Management ranks #1541 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Artisan Partners Asset Management has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's PB Ratio compare to NVG and AAMI?
According to the Asset Management industry distribution chart, Artisan Partners Asset Management ranks #1541 out of 1604 companies for PB Ratio. This places Artisan Partners Asset Management in the lower half of its industry. The industry median PB Ratio is 0.95. Artisan Partners Asset Management's value of 6.49 is 583.2% above this benchmark. Historically, Artisan Partners Asset Management's own PB Ratio has ranged from 5.64 to 21.16 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 0.95, Artisan Partners 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,604 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. Artisan Partners Asset Management's current PB Ratio of 6.49 is 583.2% 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 Artisan Partners Asset Management 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. Artisan Partners Asset Management's current PB Ratio is 6.49, which is 35% below median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artisan Partners Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.32, compared to a current price of $35.57 — trading 24.8% below its estimated fair value. The current PB Ratio is 6.49, which is 35% below median its 10-year median of 10.02 and 583.2% above the Asset Management industry median of 0.95. Artisan Partners Asset Management's overall GF Score™ is 80/100 with 3 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 Artisan Partners Asset Management (APAM), the current PB Ratio is 6.49 as of Jun. 27, 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 Artisan Partners Asset Management (APAM) Overvalued in 2026?
Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued.
The current stock price of $35.57 is trading 24.8% below its estimated GF Value™ of $47.32.
GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.
Key valuation signals for APAM:
PB Ratio: 6.49 (35% below median its 10-year median of 10.02)
GF Value™: $47.32 vs. price of $35.57 (24.8% below fair value)
Industry Position: 583.2% above the Asset Management median (#1541 of 1604)
No single metric tells the full story. See the APAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artisan Partners Asset Management Business Description
Artisan Partners Asset Management Inc is a 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 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. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.
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