BGB (Blackstone Strategic Credit Fund) PB Ratio: 0.90 (As of Aug. 03, 2026) — Near Median

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BGB Blackstone Strategic Credit Fund BGB
45 GF Score
Price $11.18
GF Value $6.95
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Blackstone Strategic Credit Fund PB Ratio?

Blackstone Strategic Credit Fund BGB +0.04% 45 PB Ratio is 0.90 as of Aug. 03, 2026, which is 2% below its 10-year median of 0.92. GuruFocus rates BGB with a GF Score™ of 45/100 and a GF Value™ of $6.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,601 Asset Management companies, Blackstone Strategic Credit Fund ranks better than 61.09% 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 (2026-08-03), Blackstone Strategic Credit Fund's share price is $11.175. Blackstone Strategic Credit Fund's Book Value per Share for the quarter that ended in Dec. 2025 was $12.44. Hence, Blackstone Strategic Credit Fund's PB Ratio of today is 0.90.

Warning Sign:

Blackstone Strategic Credit Fund stock PB Ratio (=0.9) is close to 10-year high of 0.99.

The historical rank and industry rank for Blackstone Strategic Credit Fund's PB Ratio or its related term are showing as below:

BGB' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.92   Max: 0.99
Current: 0.9

During the past 9 years, Blackstone Strategic Credit Fund's highest PB Ratio was 0.99. The lowest was 0.64. And the median was 0.92.

BGB's PB Ratio is ranked better than
61.09% of 1601 companies
in the Asset Management industry
Industry Median: 0.95 vs BGB: 0.90

During the past 12 months, Blackstone Strategic Credit Fund's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.60% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone Strategic Credit Fund was 4.00% per year. The lowest was -12.50% per year. And the median was -2.85% per year.

Back to Basics: PB Ratio


Blackstone Strategic Credit Fund  (NYSE:BGB) 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.


Blackstone Strategic Credit Fund PB Ratio Related Terms


Blackstone Strategic Credit Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Blackstone Strategic Credit Fund'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.

Blackstone Strategic Credit Fund PB Ratio Chart

Blackstone Strategic Credit Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.94 0.88 0.89 0.96 0.95

Blackstone Strategic Credit Fund 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 0.90 0.93 0.96 0.96 0.95

BGB vs FTHY, IGD, MSIF: PB Ratio Comparison

For the Asset Management subindustry, Blackstone Strategic Credit 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.


Blackstone Strategic Credit Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackstone Strategic Credit Fund's PB Ratio falls into.


BGB
45GF Score
Blackstone Strategic Credit Fund BGB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone Strategic Credit 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.

Blackstone Strategic Credit Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=11.175/12.439
=0.90

* 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 0.90 mean?
Blackstone Strategic Credit Fund (BGB) has a PB Ratio of 0.90 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blackstone Strategic Credit Fund and its competitors. This is near median its historical median of 0.92. Over the past decade, Blackstone Strategic Credit Fund's PB Ratio has ranged from 0.64 to 0.99. According to the industry distribution chart, Blackstone Strategic Credit Fund ranks #623 out of 1601 companies in the Asset Management industry, placing it in the top 38.9%.
Is Blackstone Strategic Credit Fund's PB Ratio too high?
Blackstone Strategic Credit Fund's current PB Ratio of 0.90 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.99. The Asset Management industry median PB Ratio is 0.95. Blackstone Strategic Credit Fund's value of 0.90 is 5.3% below this industry median. Based on the distribution chart, Blackstone Strategic Credit Fund ranks #623 out of 1601 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackstone Strategic Credit Fund has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Strategic Credit Fund's PB Ratio compare to FTHY and IGD?
According to the Asset Management industry distribution chart, Blackstone Strategic Credit Fund ranks #623 out of 1601 companies for PB Ratio. This puts Blackstone Strategic Credit Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Blackstone Strategic Credit Fund's value of 0.90 is 5.3% below this benchmark. Historically, Blackstone Strategic Credit Fund's own PB Ratio has ranged from 0.64 to 0.99 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.95, Blackstone Strategic Credit 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 1,601 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. Blackstone Strategic Credit Fund's current PB Ratio of 0.90 is 5.3% 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 Blackstone Strategic Credit 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. Blackstone Strategic Credit Fund's current PB Ratio is 0.90, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Strategic Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund (BGB) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.95, compared to a current price of $11.18 — trading 60.8% above its estimated fair value. The current PB Ratio is 0.90, which is near median its 10-year median of 0.92 and 5.3% below the Asset Management industry median of 0.95. Blackstone Strategic Credit Fund's overall GF Score™ is 45/100 with 8 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 Blackstone Strategic Credit Fund (BGB), the current PB Ratio is 0.90 as of Aug. 03, 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 Blackstone Strategic Credit Fund (BGB) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Strategic Credit Fund stock appears to be overvalued. The current stock price of $11.18 is trading 60.8% above its estimated GF Value™ of $6.95. GuruFocus considers Blackstone Strategic Credit Fund to be Significantly Overvalued.

Key valuation signals for BGB:

  • PB Ratio: 0.90 (near median its 10-year median of 0.92)
  • GF Value™: $6.95 vs. price of $11.18 (60.8% above fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 5.3% below the Asset Management median (#623 of 1601)

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


Blackstone Strategic Credit Fund Business Description

Address 345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
45GF Score

Get the complete analysis for BGB

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

$11.18
Price
$6.95
GF Value