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abrdn Healthcare InvestorsHQH +0.14%49 PB Ratio is 1.05 as of Jul. 20, 2026, which is 18% above its 10-year median of 0.89. GuruFocus rates HQH with a GF Score™ of 49/100 and a GF Value™ of $50.26 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, abrdn Healthcare Investors ranks worse than 65.58% on this metric.
abrdn Healthcare Investors stock PB Ratio (=1.05) is close to 10-year high of 1.12.
The historical rank and industry rank for abrdn Healthcare Investors's PB Ratio or its related term are showing as below:
HQH'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.89 Max: 1.12
Current: 1.05
During the past 9 years, abrdn Healthcare Investors's highest PB Ratio was 1.12. The lowest was 0.65. And the median was 0.89.
HQH's PB Ratio is ranked worse than 65.58% of 1601
companies
in the Asset Management industry
Industry Median: 0.95
vs HQH: 1.05
During the past 12 months, abrdn Healthcare Investors's average Book Value Per Share Growth Rate was 12.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of abrdn Healthcare Investors was 0.60% per year. The lowest was -7.80% per year. And the median was -2.10% per year.
Back to Basics: PB Ratio
abrdn Healthcare Investors (NYSE:HQH) 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.
abrdn Healthcare Investors PB Ratio Related Terms
abrdn Healthcare Investors 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, abrdn Healthcare Investors'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.
abrdn Healthcare Investors PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, abrdn Healthcare Investors's PB Ratio distribution charts can be found below:
* The bar in red indicates where abrdn Healthcare Investors'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.
abrdn Healthcare Investors (HQH) has a PB Ratio of 1.05 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on abrdn Healthcare Investors and its competitors. This is 18% above median its historical median of 0.89. Over the past decade, abrdn Healthcare Investors' PB Ratio has ranged from 0.65 to 1.12. According to the industry distribution chart, abrdn Healthcare Investors ranks #1050 out of 1601 companies in the Asset Management industry, placing it in the top 65.6%.
Is abrdn Healthcare Investors' PB Ratio too high?
abrdn Healthcare Investors' current PB Ratio of 1.05 is 18% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.12. The Asset Management industry median PB Ratio is 0.95. abrdn Healthcare Investors' value of 1.05 is 10.5% above this industry median. Based on the distribution chart, abrdn Healthcare Investors ranks #1050 out of 1601 companies in the Asset Management industry, which is below the industry midpoint. Overall, abrdn Healthcare Investors has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does abrdn Healthcare Investors' PB Ratio compare to DSL and NMZ?
According to the Asset Management industry distribution chart, abrdn Healthcare Investors ranks #1050 out of 1601 companies for PB Ratio. This places abrdn Healthcare Investors in the lower half of its industry. The industry median PB Ratio is 0.95. abrdn Healthcare Investors' value of 1.05 is 10.5% above this benchmark. Historically, abrdn Healthcare Investors' own PB Ratio has ranged from 0.65 to 1.12 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.95, abrdn Healthcare Investors 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 1,601 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. abrdn Healthcare Investors's current PB Ratio of 1.05 is 10.5% 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 abrdn Healthcare Investors 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. abrdn Healthcare Investors's current PB Ratio is 1.05, which is 18% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdn Healthcare Investors stock overvalued right now?
Based on GuruFocus' analysis, abrdn Healthcare Investors (HQH) is currently considered Possible Value Trap. The stock's GF Value™ is $50.26, compared to a current price of $20.91 — trading 58.4% below its estimated fair value. The current PB Ratio is 1.05, which is 18% above median its 10-year median of 0.89 and 10.5% above the Asset Management industry median of 0.95. abrdn Healthcare Investors' overall GF Score™ is 49/100 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 abrdn Healthcare Investors (HQH), the current PB Ratio is 1.05 as of Jul. 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 abrdn Healthcare Investors (HQH) Overvalued in 2026?
Based on GuruFocus' analysis, abrdn Healthcare Investors stock appears to be undervalued.
The current stock price of $20.91 is trading 58.4% below its estimated GF Value™ of $50.26.
GuruFocus considers abrdn Healthcare Investors to be Possible Value Trap.
Key valuation signals for HQH:
PB Ratio: 1.05 (18% above median its 10-year median of 0.89)
GF Value™: $50.26 vs. price of $20.91 (58.4% below fair value)
Industry Position: 10.5% above the Asset Management median (#1050 of 1601)
No single metric tells the full story. See the HQH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
abrdn Healthcare Investors Formerly Tekla Healthcare Investors is the United States based non-diversified closed-end management investment company. Its objective is to seek long-term capital appreciation by investing in securities of healthcare companies. In addition, the fund seeks to provide regular distribution of realized capital gains. The fund invests in the securities of public and private companies.
49GF Score
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