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The Global Smaller Trust (LSE:GSCT) PB Ratio : 0.86 (As of Mar. 23, 2025)


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What is The Global Smaller Trust PB Ratio?

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 (2025-03-23), The Global Smaller Trust's share price is £1.53. The Global Smaller Trust's Book Value per Share for the quarter that ended in Oct. 2024 was £1.79. Hence, The Global Smaller Trust's PB Ratio of today is 0.86.

Good Sign:

The Global Smaller Companies Trust PLC stock PB Ratio (=0.87) is close to 2-year low of 0.79

The historical rank and industry rank for The Global Smaller Trust's PB Ratio or its related term are showing as below:

LSE:GSCT' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.97   Max: 1.38
Current: 0.86

During the past 13 years, The Global Smaller Trust's highest PB Ratio was 1.38. The lowest was 0.58. And the median was 0.97.

LSE:GSCT's PB Ratio is ranked better than
65.61% of 1643 companies
in the Asset Management industry
Industry Median: 0.92 vs LSE:GSCT: 0.86

During the past 12 months, The Global Smaller Trust's average Book Value Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Global Smaller Trust was 22.70% per year. The lowest was -8.60% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


The Global Smaller Trust PB Ratio Historical Data

The historical data trend for The Global Smaller 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.

* Premium members only.

The Global Smaller Trust PB Ratio Chart

The Global Smaller Trust Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.96 0.91 0.88 0.91

The Global Smaller Trust Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 Premium Member Only Premium Member Only 0.87 0.88 0.86 0.91 0.90

Competitive Comparison of The Global Smaller Trust's PB Ratio

For the Asset Management subindustry, The Global Smaller 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.


The Global Smaller Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Global Smaller Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where The Global Smaller Trust's PB Ratio falls into.



The Global Smaller 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.

The Global Smaller Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2024)
=1.53/1.785
=0.86

* 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.


The Global Smaller Trust  (LSE:GSCT) 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.


The Global Smaller Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of The Global Smaller Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Global Smaller Trust Business Description

Traded in Other Exchanges
N/A
Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread global smaller companies portfolio. Its investment objective is to invest in smaller companies worldwide to secure a high total return. The portfolio consists of individual smaller company investments within the US, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.

The Global Smaller Trust Headlines

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