IGD (Voya Global Equity Dividend and Premium Opportunity Fund) PB Ratio: 1.05 (As of Aug. 20, 2026) — 17% Above Median

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IGD Voya Global Equity Dividend and Premium Opportunity Fund IGD
76 GF Score
Price $6.62
GF Value $8.72
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio?

Voya Global Equity Dividend and Premium Opportunity Fund IGD +0.15% 76 PB Ratio is 1.05 as of Aug. 20, 2026, which is 17% above its 10-year median of 0.90. GuruFocus rates IGD with a GF Score™ of 76/100 and a GF Value™ of $8.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,593 Asset Management companies, Voya Global Equity Dividend and Premium Opportunity Fund ranks worse than 64.97% 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 (2026-08-20), Voya Global Equity Dividend and Premium Opportunity Fund's share price is $6.62. Voya Global Equity Dividend and Premium Opportunity Fund's Book Value per Share for the quarter that ended in Feb. 2026 was $6.32. Hence, Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio of today is 1.05.

Warning Sign:

Voya Global Equity Dividend and Premium Opportunity Fund stock PB Ratio (=1.05) is close to 10-year high of 1.06.

The historical rank and industry rank for Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio or its related term are showing as below:

IGD' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.9   Max: 1.06
Current: 1.05

During the past 9 years, Voya Global Equity Dividend and Premium Opportunity Fund's highest PB Ratio was 1.06. The lowest was 0.65. And the median was 0.90.

IGD's PB Ratio is ranked worse than
64.97% of 1593 companies
in the Asset Management industry
Industry Median: 0.95 vs IGD: 1.05

During the past 12 months, Voya Global Equity Dividend and Premium Opportunity Fund's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Voya Global Equity Dividend and Premium Opportunity Fund was 1.90% per year. The lowest was -9.20% per year. And the median was -1.35% per year.

Back to Basics: PB Ratio


Voya Global Equity Dividend and Premium Opportunity Fund  (NYSE:IGD) 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.


Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Related Terms


Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Voya Global Equity Dividend and Premium Opportunity 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.

Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Chart

Voya Global Equity Dividend and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.93 0.90 0.87 0.91 0.95

Voya Global Equity Dividend and Premium Opportunity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only 0.87 0.92 0.91 0.96 0.95

IGD vs BGB, WIW, FTHY: PB Ratio Comparison

For the Asset Management subindustry, Voya Global Equity Dividend and Premium Opportunity 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.


Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio falls into.


IGD
76GF Score
Voya Global Equity Dividend and Premium Opportunity Fund IGD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voya Global Equity Dividend and Premium Opportunity 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.

Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=6.62/6.32
=1.05

* 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 1.05 mean?
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) has a PB Ratio of 1.05 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Voya Global Equity Dividend and Premium Opportunity Fund and its competitors. This is 17% above median its historical median of 0.90. Over the past decade, Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio has ranged from 0.65 to 1.06. According to the industry distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #1035 out of 1593 companies in the Asset Management industry, placing it in the top 65%.
Is Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio too high?
Voya Global Equity Dividend and Premium Opportunity Fund's current PB Ratio of 1.05 is 17% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.06. The Asset Management industry median PB Ratio is 0.95. Voya Global Equity Dividend and Premium Opportunity Fund's value of 1.05 is 10.5% above this industry median. Based on the distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #1035 out of 1593 companies in the Asset Management industry, which is below the industry midpoint. Overall, Voya Global Equity Dividend and Premium Opportunity Fund has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio compare to BGB and WIW?
According to the Asset Management industry distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #1035 out of 1593 companies for PB Ratio. This places Voya Global Equity Dividend and Premium Opportunity Fund in the lower half of its industry. The industry median PB Ratio is 0.95. Voya Global Equity Dividend and Premium Opportunity Fund's value of 1.05 is 10.5% above this benchmark. Historically, Voya Global Equity Dividend and Premium Opportunity Fund's own PB Ratio has ranged from 0.65 to 1.06 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.95, Voya Global Equity Dividend and Premium Opportunity Fund 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 1,593 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. Voya Global Equity Dividend and Premium Opportunity Fund'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 Voya Global Equity Dividend and Premium Opportunity 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. Voya Global Equity Dividend and Premium Opportunity Fund's current PB Ratio is 1.05, which is 17% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Global Equity Dividend and Premium Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.72, compared to a current price of $6.62 — trading 24.1% below its estimated fair value. The current PB Ratio is 1.05, which is 17% above median its 10-year median of 0.90 and 10.5% above the Asset Management industry median of 0.95. Voya Global Equity Dividend and Premium Opportunity Fund's overall GF Score™ is 76/100 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 Voya Global Equity Dividend and Premium Opportunity Fund (IGD), the current PB Ratio is 1.05 as of Aug. 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 Voya Global Equity Dividend and Premium Opportunity Fund (IGD) Overvalued in 2026?

Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund stock appears to be undervalued. The current stock price of $6.62 is trading 24.1% below its estimated GF Value™ of $8.72. GuruFocus considers Voya Global Equity Dividend and Premium Opportunity Fund to be Modestly Undervalued.

Key valuation signals for IGD:

  • PB Ratio: 1.05 (17% above median its 10-year median of 0.90)
  • GF Value™: $8.72 vs. price of $6.62 (24.1% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 10.5% above the Asset Management median (#1035 of 1593)

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


Voya Global Equity Dividend and Premium Opportunity Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of common stocks with historically attractive dividend yields and premiums from call option writing. The secondary investment objective of the company is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
76GF Score

Get the complete analysis for IGD

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

$6.62
Price
$8.72
GF Value