Microequities Asset Management Group (ASX:MAM) PB Ratio: 1.96 (As of Jun. 29, 2026) — 57% Below Median


ASX:MAM Microequities Asset Management Group Ltd ASX:MAM
47 GF Score
Price A$0.41
GF Value A$0.62
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Microequities Asset Management Group PB Ratio?

Microequities Asset Management Group ASX:MAM +2.53% 47 PB Ratio is 1.96 as of Jun. 29, 2026, which is 57% below its 10-year median of 4.55. GuruFocus rates ASX:MAM with a GF Score™ of 47/100 and a GF Value™ of A$0.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,600 Asset Management companies, Microequities Asset Management Group ranks worse than 84.69% on this metric.

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 (2026-06-29), Microequities Asset Management Group's share price is A$0.405. Microequities Asset Management Group's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.21. Hence, Microequities Asset Management Group's PB Ratio of today is 1.96.

Good Sign:

Microequities Asset Management Group Ltd stock PB Ratio (=1.91) is close to 10-year low of 1.91.

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

ASX:MAM' s PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 4.55   Max: 10.61
Current: 1.96

During the past 9 years, Microequities Asset Management Group's highest PB Ratio was 10.61. The lowest was 1.91. And the median was 4.55.

ASX:MAM's PB Ratio is ranked worse than
84.69% of 1600 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:MAM: 1.96

During the past 12 months, Microequities Asset Management Group's average Book Value Per Share Growth Rate was 15.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Microequities Asset Management Group was 32.00% per year. The lowest was 1.50% per year. And the median was 22.00% per year.

Back to Basics: PB Ratio


Microequities Asset Management Group  (ASX:MAM) 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.


Microequities Asset Management Group PB Ratio Related Terms


Microequities Asset Management Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Microequities Asset Management Group'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.

Microequities Asset Management Group PB Ratio Chart

Microequities Asset Management Group Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 4.55 4.44 4.09 3.32 2.71

Microequities Asset Management Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.47 3.32 2.88 2.71 2.92

ASX:MAM vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Microequities Asset Management Group'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.


Microequities Asset Management Group PB Ratio vs Asset Management Industry

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

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


ASX:MAM
47GF Score
Microequities Asset Management Group Ltd ASX:MAM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microequities Asset Management Group 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.

Microequities Asset Management Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.405/0.207
=1.96

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.96 mean?
Microequities Asset Management Group (ASX:MAM) has a PB Ratio of 1.96 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Microequities Asset Management Group and its competitors. This is 57% below median its historical median of 4.55. Over the past decade, Microequities Asset Management Group's PB Ratio has ranged from 1.91 to 10.61. According to the industry distribution chart, Microequities Asset Management Group ranks #1355 out of 1600 companies in the Asset Management industry, placing it in the top 84.7%.
Is Microequities Asset Management Group's PB Ratio too high?
Microequities Asset Management Group's current PB Ratio of 1.96 is 57% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 10.61. The Asset Management industry median PB Ratio is 0.95. Microequities Asset Management Group's value of 1.96 is 106.3% above this industry median. Based on the distribution chart, Microequities Asset Management Group ranks #1355 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Microequities Asset Management Group has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Microequities Asset Management Group's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Microequities Asset Management Group ranks #1355 out of 1600 companies for PB Ratio. This places Microequities Asset Management Group in the lower half of its industry. The industry median PB Ratio is 0.95. Microequities Asset Management Group's value of 1.96 is 106.3% above this benchmark. Historically, Microequities Asset Management Group's own PB Ratio has ranged from 1.91 to 10.61 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 0.95, Microequities Asset Management Group 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 1,600 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. Microequities Asset Management Group's current PB Ratio of 1.96 is 106.3% 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 Microequities Asset Management Group 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. Microequities Asset Management Group's current PB Ratio is 1.96, which is 57% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microequities Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Microequities Asset Management Group (ASX:MAM) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.62, compared to a current price of A$0.41 — trading 34.7% below its estimated fair value. The current PB Ratio is 1.96, which is 57% below median its 10-year median of 4.55 and 106.3% above the Asset Management industry median of 0.95. Microequities Asset Management Group's overall GF Score™ is 47/100 with 4 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 Microequities Asset Management Group (ASX:MAM), the current PB Ratio is 1.96 as of Jun. 29, 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 Microequities Asset Management Group (ASX:MAM) Overvalued in 2026?

Based on GuruFocus' analysis, Microequities Asset Management Group stock appears to be undervalued. The current stock price of A$0.41 is trading 34.7% below its estimated GF Value™ of A$0.62. GuruFocus considers Microequities Asset Management Group to be Significantly Undervalued.

Key valuation signals for ASX:MAM:

  • PB Ratio: 1.96 (57% below median its 10-year median of 4.55)
  • GF Value™: A$0.62 vs. price of A$0.41 (34.7% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 106.3% above the Asset Management median (#1355 of 1600)

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


Microequities Asset Management Group Business Description

Address 1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.
47GF Score

Get the complete analysis for ASX:MAM

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

A$0.41
Price
A$0.62
GF Value