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Alliancebernstein Glb High FundAWF +0.49%48 PB Ratio is 0.91 as of Aug. 20, 2026, which is 2% below its 10-year median of 0.93. GuruFocus rates AWF with a GF Score™ of 48/100 and a GF Value™ of $6.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,597 Asset Management companies, Alliancebernstein Glb High Fund ranks better than 59.99% on this metric.
The historical rank and industry rank for Alliancebernstein Glb High Fund's PB Ratio or its related term are showing as below:
AWF'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 0.93 Max: 1.11
Current: 0.91
During the past 9 years, Alliancebernstein Glb High Fund's highest PB Ratio was 1.11. The lowest was 0.68. And the median was 0.93.
AWF's PB Ratio is ranked better than 59.99% of 1597
companies
in the Asset Management industry
Industry Median: 0.95
vs AWF: 0.91
During the past 12 months, Alliancebernstein Glb High Fund's average Book Value Per Share Growth Rate was -0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Alliancebernstein Glb High Fund was 1.90% per year. The lowest was -4.30% per year. And the median was -2.10% 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 Glb High Fund PB Ratio Related Terms
Alliancebernstein Glb High Fund 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 Glb High Fund'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 Glb High Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Alliancebernstein Glb High Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alliancebernstein Glb High Fund's PB Ratio falls into.
Alliancebernstein Glb High Fund 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.
Alliancebernstein Glb High Fund (AWF) has a PB Ratio of 0.91 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 Glb High Fund and its competitors. This is near median its historical median of 0.93. Over the past decade, Alliancebernstein Glb High Fund's PB Ratio has ranged from 0.68 to 1.11. According to the industry distribution chart, Alliancebernstein Glb High Fund ranks #639 out of 1597 companies in the Asset Management industry, placing it in the top 40%.
Is Alliancebernstein Glb High Fund's PB Ratio too high?
Alliancebernstein Glb High Fund's current PB Ratio of 0.91 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.11. The Asset Management industry median PB Ratio is 0.95. Alliancebernstein Glb High Fund's value of 0.91 is 4.2% below this industry median. Based on the distribution chart, Alliancebernstein Glb High Fund ranks #639 out of 1597 companies in the Asset Management industry, which is above the industry midpoint. Overall, Alliancebernstein Glb High Fund has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alliancebernstein Glb High Fund's PB Ratio compare to PCN and BBDC?
According to the Asset Management industry distribution chart, Alliancebernstein Glb High Fund ranks #639 out of 1597 companies for PB Ratio. This puts Alliancebernstein Glb High Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Alliancebernstein Glb High Fund's value of 0.91 is 4.2% below this benchmark. Historically, Alliancebernstein Glb High Fund's own PB Ratio has ranged from 0.68 to 1.11 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.95, Alliancebernstein Glb High Fund has consistently been below 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 1,597 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 Glb High Fund's current PB Ratio of 0.91 is 4.2% below 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 Glb High Fund 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 Glb High Fund's current PB Ratio is 0.91, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliancebernstein Glb High Fund stock overvalued right now?
Based on GuruFocus' analysis, Alliancebernstein Glb High Fund (AWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.01, compared to a current price of $10.20 — trading 69.7% above its estimated fair value. The current PB Ratio is 0.91, which is near median its 10-year median of 0.93 and 4.2% below the Asset Management industry median of 0.95. Alliancebernstein Glb High Fund's overall GF Score™ is 48/100 with 6 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 Glb High Fund (AWF), the current PB Ratio is 0.91 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 Glb High Fund (AWF) Overvalued in 2026?
Based on GuruFocus' analysis, Alliancebernstein Glb High Fund stock appears to be overvalued.
The current stock price of $10.20 is trading 69.7% above its estimated GF Value™ of $6.01.
GuruFocus considers Alliancebernstein Glb High Fund to be Significantly Overvalued.
Key valuation signals for AWF:
PB Ratio: 0.91 (near median its 10-year median of 0.93)
GF Value™: $6.01 vs. price of $10.20 (69.7% above fair value)
Industry Position: 4.2% below the Asset Management median (#639 of 1597)
No single metric tells the full story. See the AWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliancebernstein Glb High Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its primary investment objective is to seek high current income, and secondarily, capital appreciation. The fund invests in debt securities, including Sovereign Debt Obligations and corporate debt, denominated in non-U.S. currencies as well as in the U.S. Dollar. It may invest without limit in emerging and developed markets and debt securities of U.S. and non-U.S. corporate issuers.
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