Diamond Hill Investment GroupDHIL 53 PB Ratio is 2.68 as of Jul. 01, 2026, which is 3% below its 10-year median of 2.77. GuruFocus rates DHIL with a GF Score™ of 53/100 and a GF Value™ of $170.76. The stock has 8 warning signs investors should review. Among 1,599 Asset Management companies, Diamond Hill Investment Group ranks worse than 89.18% on this metric.
Diamond Hill Investment Group Inc stock PB Ratio (=2.68) is close to 2-year high of 2.84.
The historical rank and industry rank for Diamond Hill Investment Group's PB Ratio or its related term are showing as below:
DHIL'
s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 2.77 Max: 5.27
Current: 2.68
During the past 13 years, Diamond Hill Investment Group's highest PB Ratio was 5.27. The lowest was 1.42. And the median was 2.77.
DHIL's PB Ratio is ranked worse than 89.18% of 1599
companies
in the Asset Management industry
Industry Median: 0.96
vs DHIL: 2.68
During the past 12 months, Diamond Hill Investment Group's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Diamond Hill Investment Group was 99.40% per year. The lowest was -46.50% per year. And the median was 6.20% per year.
Back to Basics: PB Ratio
Diamond Hill Investment Group (NAS:DHIL) 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.
Diamond Hill Investment Group PB Ratio Related Terms
Diamond Hill Investment Group 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, Diamond Hill Investment 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.
Diamond Hill Investment Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Diamond Hill Investment Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Diamond Hill Investment Group's PB Ratio falls into.
Diamond Hill Investment 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.
* 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.
Diamond Hill Investment Group (DHIL) has a PB Ratio of 2.68 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Diamond Hill Investment Group and its competitors. This is near median its historical median of 2.77. Over the past decade, Diamond Hill Investment Group's PB Ratio has ranged from 1.42 to 5.27. According to the industry distribution chart, Diamond Hill Investment Group ranks #1426 out of 1599 companies in the Asset Management industry, placing it in the top 89.2%.
Is Diamond Hill Investment Group's PB Ratio too high?
Diamond Hill Investment Group's current PB Ratio of 2.68 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 5.27. The Asset Management industry median PB Ratio is 0.96. Diamond Hill Investment Group's value of 2.68 is 179.2% above this industry median. Based on the distribution chart, Diamond Hill Investment Group ranks #1426 out of 1599 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Diamond Hill Investment Group has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Diamond Hill Investment Group's PB Ratio compare to IGD and HPS?
According to the Asset Management industry distribution chart, Diamond Hill Investment Group ranks #1426 out of 1599 companies for PB Ratio. This places Diamond Hill Investment Group in the lower half of its industry. The industry median PB Ratio is 0.96. Diamond Hill Investment Group's value of 2.68 is 179.2% above this benchmark. Historically, Diamond Hill Investment Group's own PB Ratio has ranged from 1.42 to 5.27 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 0.96, Diamond Hill Investment 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 0.96, based on 1,599 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. Diamond Hill Investment Group's current PB Ratio of 2.68 is 179.2% 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 Diamond Hill Investment Group and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond Hill Investment Group's current PB Ratio is 2.68, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Hill Investment Group stock overvalued right now?
Diamond Hill Investment Group (DHIL) has a current PB Ratio of 2.68. The stock's GF Value™ is $170.76, compared to a current price of $174.99 — trading 2.5% above its estimated fair value. The current PB Ratio is 2.68, which is near median its 10-year median of 2.77 and 179.2% above the Asset Management industry median of 0.96. Diamond Hill Investment Group's overall GF Score™ is 53/100 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 Diamond Hill Investment Group (DHIL), the current PB Ratio is 2.68 as of Jul. 01, 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 Diamond Hill Investment Group (DHIL) Overvalued in 2026?
Based on GuruFocus' analysis, Diamond Hill Investment Group stock appears to be overvalued.
The current stock price of $174.99 is trading 2.5% above its estimated GF Value™ of $170.76.
Key valuation signals for DHIL:
PB Ratio: 2.68 (near median its 10-year median of 2.77)
GF Value™: $170.76 vs. price of $174.99 (2.5% above fair value)
Industry Position: 179.2% above the Asset Management median (#1426 of 1599)
No single metric tells the full story. See the DHIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diamond Hill Investment Group Business Description
Diamond Hill Investment Group Inc derives its consolidated revenues and net income from investment advisory and fund administration services provided by its subsidiary. It is a registered investment adviser. The company is the investment adviser and administrator for the Proprietary Funds. It also provides investment advisory services to DHMF, SMAs, CITs, other pooled vehicles including sub-advised funds, and model delivery programs.
53GF Score
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