Gabelli Equity TrustGAB -0.53%58 PB Ratio is 1.02 as of Jul. 10, 2026, which is 4% below its 10-year median of 1.06. GuruFocus rates GAB with a GF Score™ of 58/100 and a GF Value™ of $6.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,602 Asset Management companies, Gabelli Equity Trust ranks worse than 61.74% on this metric.
The historical rank and industry rank for Gabelli Equity Trust's PB Ratio or its related term are showing as below:
GAB'
s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.06 Max: 1.29
Current: 1.02
During the past 10 years, Gabelli Equity Trust's highest PB Ratio was 1.29. The lowest was 0.64. And the median was 1.06.
GAB's PB Ratio is ranked worse than 61.74% of 1602
companies
in the Asset Management industry
Industry Median: 0.95
vs GAB: 1.02
During the past 12 months, Gabelli Equity Trust's average Book Value Per Share Growth Rate was 6.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Gabelli Equity Trust was 6.90% per year. The lowest was -6.50% per year. And the median was -3.30% per year.
Back to Basics: PB Ratio
Gabelli Equity Trust (NYSE:GAB) 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.
Gabelli Equity Trust PB Ratio Related Terms
Gabelli Equity Trust PB Ratio Historical Data
* Premium members only.
The historical data trend for Gabelli Equity 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.
For the Asset Management subindustry, Gabelli Equity 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.
Gabelli Equity Trust PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Equity Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gabelli Equity Trust's PB Ratio falls into.
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.
Gabelli Equity Trust (GAB) has a PB Ratio of 1.02 as of Jul. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gabelli Equity Trust and its competitors. This is near median its historical median of 1.06. Over the past decade, Gabelli Equity Trust's PB Ratio has ranged from 0.64 to 1.29. According to the industry distribution chart, Gabelli Equity Trust ranks #989 out of 1602 companies in the Asset Management industry, placing it in the top 61.7%.
Is Gabelli Equity Trust's PB Ratio too high?
Gabelli Equity Trust's current PB Ratio of 1.02 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.29. The Asset Management industry median PB Ratio is 0.95. Gabelli Equity Trust's value of 1.02 is 7.4% above this industry median. Based on the distribution chart, Gabelli Equity Trust ranks #989 out of 1602 companies in the Asset Management industry, which is below the industry midpoint. Overall, Gabelli Equity Trust has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gabelli Equity Trust's PB Ratio compare to PAX and ETG?
According to the Asset Management industry distribution chart, Gabelli Equity Trust ranks #989 out of 1602 companies for PB Ratio. This places Gabelli Equity Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Gabelli Equity Trust's value of 1.02 is 7.4% above this benchmark. Historically, Gabelli Equity Trust's own PB Ratio has ranged from 0.64 to 1.29 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.95, Gabelli Equity 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 1,602 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. Gabelli Equity Trust's current PB Ratio of 1.02 is 7.4% 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 Gabelli Equity 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. Gabelli Equity Trust's current PB Ratio is 1.02, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gabelli Equity Trust stock overvalued right now?
Based on GuruFocus' analysis, Gabelli Equity Trust (GAB) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.79, compared to a current price of $5.64 — trading 16.9% below its estimated fair value. The current PB Ratio is 1.02, which is near median its 10-year median of 1.06 and 7.4% above the Asset Management industry median of 0.95. Gabelli Equity Trust's overall GF Score™ is 58/100 with 3 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 Gabelli Equity Trust (GAB), the current PB Ratio is 1.02 as of Jul. 10, 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 Gabelli Equity Trust (GAB) Overvalued in 2026?
Based on GuruFocus' analysis, Gabelli Equity Trust stock appears to be undervalued.
The current stock price of $5.64 is trading 16.9% below its estimated GF Value™ of $6.79.
GuruFocus considers Gabelli Equity Trust to be Modestly Undervalued.
Key valuation signals for GAB:
PB Ratio: 1.02 (near median its 10-year median of 1.06)
GF Value™: $6.79 vs. price of $5.64 (16.9% below fair value)
Industry Position: 7.4% above the Asset Management median (#989 of 1602)
No single metric tells the full story. See the GAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is the long-term growth of capital with income as a secondary objective. The Fund invests at least its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, Consumer Services and others.
58GF Score
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