Rights and Issues Inv Trust (LSE:RIII) PB Ratio: 0.90 (As of Jul. 22, 2026) — Near Median

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LSE:RIII Rights and Issues Inv Trust PLC LSE:RIII
43 GF Score
Price £23.40
! 3 Warning Signs
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What is Rights and Issues Inv Trust PB Ratio?

Rights and Issues Inv Trust LSE:RIII +2.18% 43 PB Ratio is 0.90 as of Jul. 22, 2026, which is 1% above its 10-year median of 0.89. GuruFocus rates LSE:RIII with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,602 Asset Management companies, Rights and Issues Inv Trust ranks better than 62.67% 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 (2026-07-22), Rights and Issues Inv Trust's share price is £23.40. Rights and Issues Inv Trust's Book Value per Share for the quarter that ended in Dec. 2025 was £26.04. Hence, Rights and Issues Inv Trust's PB Ratio of today is 0.90.

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

LSE:RIII' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.89   Max: 1.22
Current: 0.9

During the past 13 years, Rights and Issues Inv Trust's highest PB Ratio was 1.22. The lowest was 0.16. And the median was 0.89.

LSE:RIII's PB Ratio is ranked better than
62.67% of 1602 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:RIII: 0.90

During the past 12 months, Rights and Issues Inv Trust's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rights and Issues Inv Trust was 38.60% per year. The lowest was -37.60% per year. And the median was 2.75% per year.

Back to Basics: PB Ratio


Rights and Issues Inv Trust  (LSE:RIII) 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.


Rights and Issues Inv Trust PB Ratio Related Terms


Rights and Issues Inv Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Rights and Issues Inv 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.

Rights and Issues Inv Trust PB Ratio Chart

Rights and Issues Inv Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.83 0.91 0.94 0.78

Rights and Issues Inv Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.91 0.92 0.94 0.83 0.78

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

For the Asset Management subindustry, Rights and Issues Inv 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.


Rights and Issues Inv Trust PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Rights and Issues Inv Trust's PB Ratio falls into.


LSE:RIII
43GF Score
Rights and Issues Inv Trust PLC LSE:RIII
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rights and Issues Inv 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.

Rights and Issues Inv Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=23.40/26.035
=0.90

* 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 0.90 mean?
Rights and Issues Inv Trust (LSE:RIII) has a PB Ratio of 0.90 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rights and Issues Inv Trust and its competitors. This is near median its historical median of 0.89. Over the past decade, Rights and Issues Inv Trust's PB Ratio has ranged from 0.16 to 1.22. According to the industry distribution chart, Rights and Issues Inv Trust ranks #598 out of 1602 companies in the Asset Management industry, placing it in the top 37.3%.
Is Rights and Issues Inv Trust's PB Ratio too high?
Rights and Issues Inv Trust's current PB Ratio of 0.90 is near median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.22. The Asset Management industry median PB Ratio is 0.96. Rights and Issues Inv Trust's value of 0.90 is 6.3% below this industry median. Based on the distribution chart, Rights and Issues Inv Trust ranks #598 out of 1602 companies in the Asset Management industry, which is above the industry midpoint. Overall, Rights and Issues Inv Trust has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Rights and Issues Inv Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Rights and Issues Inv Trust ranks #598 out of 1602 companies for PB Ratio. This puts Rights and Issues Inv Trust in the upper half of its industry. The industry median PB Ratio is 0.96. Rights and Issues Inv Trust's value of 0.90 is 6.3% below this benchmark. Historically, Rights and Issues Inv Trust's own PB Ratio has ranged from 0.16 to 1.22 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.96, Rights and Issues Inv 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 0.96, based on 1,602 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. Rights and Issues Inv Trust's current PB Ratio of 0.90 is 6.3% 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 Rights and Issues Inv Trust 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. Rights and Issues Inv Trust's current PB Ratio is 0.90, which is near 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 Rights and Issues Inv Trust stock overvalued right now?
Rights and Issues Inv Trust (LSE:RIII) has a current PB Ratio of 0.90. The current PB Ratio is 0.90, which is near median its 10-year median of 0.89 and 6.3% below the Asset Management industry median of 0.96. Rights and Issues Inv Trust's overall GF Score™ is 43/100 with 3 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 Rights and Issues Inv Trust (LSE:RIII), the current PB Ratio is 0.90 as of Jul. 22, 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.

Rights and Issues Inv Trust Business Description

Address Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Rights and Issues Inv Trust PLC is an investment trust based in the United Kingdom. The company's objective is to exceed the benchmark index over the long term whilst managing risk. It predominantly invests in equities with an emphasis on UK smaller companies which include both listed securities and those admitted to trading on the Alternative Investment Market.
43GF Score

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