BKN (Blackrock Investment Quality Municipal Trust,) PB Ratio: 1.07 (As of Aug. 25, 2026) — 14% Above Median

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BKN Blackrock Investment Quality Municipal Trust, Inc. BKN
18 GF Score
Price $12.39
! 4 Warning Signs
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What is Blackrock Investment Quality Municipal Trust, PB Ratio?

Blackrock Investment Quality Municipal Trust, BKN 18 PB Ratio is 1.07 as of Aug. 25, 2026, which is 14% above its 10-year median of 0.94. GuruFocus rates BKN with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

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 (2026-08-25), Blackrock Investment Quality Municipal Trust,'s share price is $12.39. Blackrock Investment Quality Municipal Trust,'s Book Value per Share for the quarter that ended in Jul. 2025 was $11.62. Hence, Blackrock Investment Quality Municipal Trust,'s PB Ratio of today is 1.07.

Warning Sign:

Blackrock Investment Quality Municipal Trust, Inc. stock PB Ratio (=1.07) is close to 5-year high of 1.17.

The historical rank and industry rank for Blackrock Investment Quality Municipal Trust,'s PB Ratio or its related term are showing as below:

BKN' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.94   Max: 1.28
Current: 1.07

During the past 8 years, Blackrock Investment Quality Municipal Trust,'s highest PB Ratio was 1.28. The lowest was 0.73. And the median was 0.94.

BKN's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs BKN: 1.07

During the past 12 months, Blackrock Investment Quality Municipal Trust,'s average Book Value Per Share Growth Rate was -11.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackrock Investment Quality Municipal Trust, was 3.10% per year. The lowest was -7.90% per year. And the median was -4.30% per year.

Back to Basics: PB Ratio


Blackrock Investment Quality Municipal Trust,  (NYSE:BKN) 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.


Blackrock Investment Quality Municipal Trust, PB Ratio Related Terms


Blackrock Investment Quality Municipal Trust, PB Ratio Historical Data

* Premium members only.

The historical data trend for Blackrock Investment Quality Municipal Trust,'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.

Blackrock Investment Quality Municipal Trust, PB Ratio Chart

Blackrock Investment Quality Municipal Trust, Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial 1.15 1.10 0.89 0.93 0.91

Blackrock Investment Quality Municipal Trust, Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
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 0.89 0.89 0.93 0.91 0.91

BKN vs SRV, NPV, MFM: PB Ratio Comparison

For the Asset Management subindustry, Blackrock Investment Quality Municipal Trust,'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.


Blackrock Investment Quality Municipal Trust, PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Investment Quality Municipal Trust,'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Investment Quality Municipal Trust,'s PB Ratio falls into.


BKN
18GF Score
Blackrock Investment Quality Municipal Trust, Inc. BKN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Investment Quality Municipal Trust, 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.

Blackrock Investment Quality Municipal Trust,'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2025)
=12.39/11.622
=1.07

* 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 1.07 mean?
Blackrock Investment Quality Municipal Trust, (BKN) has a PB Ratio of 1.07 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blackrock Investment Quality Municipal Trust, and its competitors. This is 14% above median its historical median of 0.94. Over the past decade, Blackrock Investment Quality Municipal Trust,'s PB Ratio has ranged from 0.73 to 1.28.
Is Blackrock Investment Quality Municipal Trust,'s PB Ratio too high?
Blackrock Investment Quality Municipal Trust,'s current PB Ratio of 1.07 is 14% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.28. The Asset Management industry median PB Ratio is 0.95. Blackrock Investment Quality Municipal Trust,'s value of 1.07 is 12.6% above this industry median. Overall, Blackrock Investment Quality Municipal Trust, has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Investment Quality Municipal Trust,'s PB Ratio compare to SRV and NPV?
Blackrock Investment Quality Municipal Trust,'s PB Ratio of 1.07 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Blackrock Investment Quality Municipal Trust,'s value of 1.07 is 12.6% above this benchmark. Historically, Blackrock Investment Quality Municipal Trust,'s own PB Ratio has ranged from 0.73 to 1.28 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.95, Blackrock Investment Quality Municipal Trust, 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 1,591 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. Blackrock Investment Quality Municipal Trust,'s current PB Ratio of 1.07 is 12.6% 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 Blackrock Investment Quality Municipal Trust, 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. Blackrock Investment Quality Municipal Trust,'s current PB Ratio is 1.07, which is 14% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Investment Quality Municipal Trust, stock overvalued right now?
Blackrock Investment Quality Municipal Trust, (BKN) has a current PB Ratio of 1.07. The current PB Ratio is 1.07, which is 14% above median its 10-year median of 0.94 and 12.6% above the Asset Management industry median of 0.95. Blackrock Investment Quality Municipal Trust,'s overall GF Score™ is 18/100 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 Blackrock Investment Quality Municipal Trust, (BKN), the current PB Ratio is 1.07 as of Aug. 25, 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.

Blackrock Investment Quality Municipal Trust, Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Investment Quality Municipal Trust, Inc. is a closed-end management investment fund with the investment objective to provide high current income exempt from regular U.S. federal income tax consistent with the preservation of capital.
18GF Score

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

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