ICG Enterprise Trust (LSE:ICGT) PB Ratio: 0.69 (As of Jul. 24, 2026) — Near Median

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LSE:ICGT ICG Enterprise Trust PLC LSE:ICGT
47 GF Score
Price £14.04
GF Value £0.58
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is ICG Enterprise Trust PB Ratio?

ICG Enterprise Trust LSE:ICGT -0.99% 47 PB Ratio is 0.69 as of Jul. 24, 2026, which is 5% below its 10-year median of 0.73. GuruFocus rates LSE:ICGT with a GF Score™ of 47/100 and a GF Value™ of £0.58 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,600 Asset Management companies, ICG Enterprise Trust ranks better than 81.5% 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 (2026-07-24), ICG Enterprise Trust's share price is £14.04. ICG Enterprise Trust's Book Value per Share for the quarter that ended in Jan. 2026 was £20.45. Hence, ICG Enterprise Trust's PB Ratio of today is 0.69.

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

LSE:ICGT' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.73   Max: 0.96
Current: 0.66

During the past 13 years, ICG Enterprise Trust's highest PB Ratio was 0.96. The lowest was 0.44. And the median was 0.73.

LSE:ICGT's PB Ratio is ranked better than
81.5% of 1600 companies
in the Asset Management industry
Industry Median: 0.945 vs LSE:ICGT: 0.66

During the past 12 months, ICG Enterprise Trust's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ICG Enterprise Trust was 29.80% per year. The lowest was 0.70% per year. And the median was 9.30% per year.

Back to Basics: PB Ratio


ICG Enterprise Trust  (LSE:ICGT) 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.


ICG Enterprise Trust PB Ratio Related Terms


ICG Enterprise Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for ICG Enterprise 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.

ICG Enterprise Trust PB Ratio Chart

ICG Enterprise Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.60 0.64 0.65 0.75

ICG Enterprise Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.64 0.69 0.65 0.73 0.75

LSE:ICGT vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, ICG Enterprise 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.


ICG Enterprise Trust PB Ratio vs Asset Management Industry

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

* The bar in red indicates where ICG Enterprise Trust's PB Ratio falls into.


LSE:ICGT
47GF Score
ICG Enterprise Trust PLC LSE:ICGT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICG Enterprise 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.

ICG Enterprise Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=14.04/20.453
=0.69

* 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 0.69 mean?
ICG Enterprise Trust (LSE:ICGT) has a PB Ratio of 0.69 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ICG Enterprise Trust and its competitors. This is near median its historical median of 0.73. Over the past decade, ICG Enterprise Trust's PB Ratio has ranged from 0.44 to 0.96. According to the industry distribution chart, ICG Enterprise Trust ranks #296 out of 1600 companies in the Asset Management industry, placing it in the top 18.5%.
Is ICG Enterprise Trust's PB Ratio too high?
ICG Enterprise Trust's current PB Ratio of 0.69 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.96. The Asset Management industry median PB Ratio is 0.95. ICG Enterprise Trust's value of 0.69 is 27% below this industry median. Based on the distribution chart, ICG Enterprise Trust ranks #296 out of 1600 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, ICG Enterprise Trust has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICG Enterprise Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, ICG Enterprise Trust ranks #296 out of 1600 companies for PB Ratio. This places ICG Enterprise Trust in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. ICG Enterprise Trust's value of 0.69 is 27% below this benchmark. Historically, ICG Enterprise Trust's own PB Ratio has ranged from 0.44 to 0.96 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.95, ICG Enterprise Trust has consistently been below 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 1,600 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. ICG Enterprise Trust's current PB Ratio of 0.69 is 27% below 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 ICG Enterprise 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. ICG Enterprise Trust's current PB Ratio is 0.69, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICG Enterprise Trust stock overvalued right now?
Based on GuruFocus' analysis, ICG Enterprise Trust (LSE:ICGT) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.58, compared to a current price of £14.04 — trading 2320.7% above its estimated fair value. The current PB Ratio is 0.69, which is near median its 10-year median of 0.73 and 27% below the Asset Management industry median of 0.95. ICG Enterprise Trust's overall GF Score™ is 47/100 with 2 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 ICG Enterprise Trust (LSE:ICGT), the current PB Ratio is 0.69 as of Jul. 24, 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 ICG Enterprise Trust (LSE:ICGT) Overvalued in 2026?

Based on GuruFocus' analysis, ICG Enterprise Trust stock appears to be overvalued. The current stock price of £14.04 is trading 2320.7% above its estimated GF Value™ of £0.58. GuruFocus considers ICG Enterprise Trust to be Significantly Overvalued.

Key valuation signals for LSE:ICGT:

  • PB Ratio: 0.69 (near median its 10-year median of 0.73)
  • GF Value™: £0.58 vs. price of £14.04 (2320.7% above fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 27% below the Asset Management median (#296 of 1600)

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


ICG Enterprise Trust Business Description

Address 55 Ludgate Hill, Procession House, London, GBR, EC4M 7JW
ICG Enterprise Trust PLC is a UK-listed investor in private equity-backed companies. Its objective is to provide long-term growth by investing in private companies managed by private equity managers. The company invests mainly in profitable, cash-generative private companies in Europe and the United States to generate resilient growth over the long term. It has a flexible investment mandate, enabling it to invest in companies indirectly (through funds managed by ICG and other private equity managers) as well as directly alongside other managers. The company focuses exclusively on investing in cross-border buyouts. Its portfolio is weighted across different sectors, such as Technology, Business Services, Healthcare, Education, Financials, and others.
47GF Score

Get the complete analysis for LSE:ICGT

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

£14.04
Price
£0.58
GF Value