Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Octopus Apollo VCTLSE:OAP3 46 PB Ratio is 0.93 as of Jul. 17, 2026, which is at its 10-year median of 0.93. GuruFocus rates LSE:OAP3 with a GF Score™ of 46/100 and a GF Value™ of £0.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,600 Asset Management companies, Octopus Apollo VCT ranks better than 56.62% on this metric.
Octopus Apollo VCT PLC stock PB Ratio (=0.93) is close to 10-year high of 1.02.
The historical rank and industry rank for Octopus Apollo VCT's PB Ratio or its related term are showing as below:
LSE:OAP3'
s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.93 Max: 1.02
Current: 0.93
During the past 13 years, Octopus Apollo VCT's highest PB Ratio was 1.02. The lowest was 0.60. And the median was 0.93.
LSE:OAP3's PB Ratio is ranked better than 56.62% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs LSE:OAP3: 0.93
During the past 12 months, Octopus Apollo VCT's average Book Value Per Share Growth Rate was -2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Octopus Apollo VCT was 5.20% per year. The lowest was -21.00% per year. And the median was -0.90% per year.
Back to Basics: PB Ratio
Octopus Apollo VCT (LSE:OAP3) 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.
Octopus Apollo VCT PB Ratio Related Terms
Octopus Apollo VCT PB Ratio Historical Data
* Premium members only.
The historical data trend for Octopus Apollo VCT'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, Octopus Apollo VCT'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.
Octopus Apollo VCT PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Octopus Apollo VCT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Octopus Apollo VCT'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.
Octopus Apollo VCT (LSE:OAP3) has a PB Ratio of 0.93 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Octopus Apollo VCT and its competitors. This is near median its historical median of 0.93. Over the past decade, Octopus Apollo VCT's PB Ratio has ranged from 0.60 to 1.02. According to the industry distribution chart, Octopus Apollo VCT ranks #694 out of 1600 companies in the Asset Management industry, placing it in the top 43.4%.
Is Octopus Apollo VCT's PB Ratio too high?
Octopus Apollo VCT's current PB Ratio of 0.93 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.02. The Asset Management industry median PB Ratio is 0.96. Octopus Apollo VCT's value of 0.93 is 3.1% below this industry median. Based on the distribution chart, Octopus Apollo VCT ranks #694 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, Octopus Apollo VCT has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octopus Apollo VCT's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Octopus Apollo VCT ranks #694 out of 1600 companies for PB Ratio. This puts Octopus Apollo VCT in the upper half of its industry. The industry median PB Ratio is 0.96. Octopus Apollo VCT's value of 0.93 is 3.1% below this benchmark. Historically, Octopus Apollo VCT's own PB Ratio has ranged from 0.60 to 1.02 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.96, Octopus Apollo VCT 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 0.96, 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. Octopus Apollo VCT's current PB Ratio of 0.93 is 3.1% 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 Octopus Apollo VCT and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octopus Apollo VCT's current PB Ratio is 0.93, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octopus Apollo VCT stock overvalued right now?
Based on GuruFocus' analysis, Octopus Apollo VCT (LSE:OAP3) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.21, compared to a current price of £0.46 — trading 117.6% above its estimated fair value. The current PB Ratio is 0.93, which is near median its 10-year median of 0.93 and 3.1% below the Asset Management industry median of 0.96. Octopus Apollo VCT's overall GF Score™ is 46/100 with 7 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 Octopus Apollo VCT (LSE:OAP3), the current PB Ratio is 0.93 as of Jul. 17, 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 Octopus Apollo VCT (LSE:OAP3) Overvalued in 2026?
Based on GuruFocus' analysis, Octopus Apollo VCT stock appears to be overvalued.
The current stock price of £0.46 is trading 117.6% above its estimated GF Value™ of £0.21.
GuruFocus considers Octopus Apollo VCT to be Significantly Overvalued.
Key valuation signals for LSE:OAP3:
PB Ratio: 0.93 (near median its 10-year median of 0.93)
GF Value™: £0.21 vs. price of £0.46 (117.6% above fair value)
Industry Position: 3.1% below the Asset Management median (#694 of 1600)
No single metric tells the full story. See the LSE:OAP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Octopus Apollo VCT PLC is a venture capital trust company based in the United Kingdom. The company aims to provide shareholders with attractive tax-free dividends and long-term capital growth by investing in a diverse portfolio of predominantly unquoted companies. The company's portfolio of investments comprises of various unquoted investment instruments, including ordinary and preference shares, loan stocks and convertible securities, to achieve an appropriate balance of income and capital growth. It holds a diversified portfolio by investing in a broad range of industry sectors.
46GF Score
Get the complete analysis for LSE:OAP3
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:OAP3 has been successfully added to your 
