TwentyFourome Fund (LSE:TFIF) PB Ratio: 0.98 (As of Jul. 12, 2026) — Near Median


LSE:TFIF TwentyFour Income Fund Ltd LSE:TFIF
37 GF Score
Price £1.09
! 6 Warning Signs
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What is TwentyFourome Fund PB Ratio?

TwentyFourome Fund LSE:TFIF -0.18% 37 PB Ratio is 0.98 as of Jul. 12, 2026, which is 2% below its 10-year median of 1.00. GuruFocus rates LSE:TFIF with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 1,603 Asset Management companies, TwentyFourome Fund ranks worse than 52.96% 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 (2026-07-12), TwentyFourome Fund's share price is £1.094. TwentyFourome Fund's Book Value per Share for the quarter that ended in Sep. 2025 was £1.11. Hence, TwentyFourome Fund's PB Ratio of today is 0.98.

The historical rank and industry rank for TwentyFourome Fund's PB Ratio or its related term are showing as below:

LSE:TFIF' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1   Max: 1.18
Current: 0.98

During the past 12 years, TwentyFourome Fund's highest PB Ratio was 1.18. The lowest was 0.75. And the median was 1.00.

LSE:TFIF's PB Ratio is ranked worse than
52.96% of 1603 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:TFIF: 0.98

During the past 12 months, TwentyFourome Fund's average Book Value Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of TwentyFourome Fund was 3.00% per year. The lowest was -6.30% per year. And the median was -0.50% per year.

Back to Basics: PB Ratio


TwentyFourome Fund  (LSE:TFIF) 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.


TwentyFourome Fund PB Ratio Related Terms


TwentyFourome Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for TwentyFourome 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.

TwentyFourome Fund PB Ratio Chart

TwentyFourome Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.95 0.99 0.96 0.99

TwentyFourome Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.95 0.96 0.96 0.99 1.02

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

For the Asset Management subindustry, TwentyFourome 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.


TwentyFourome Fund PB Ratio vs Asset Management Industry

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

* The bar in red indicates where TwentyFourome Fund's PB Ratio falls into.


LSE:TFIF
37GF Score
TwentyFour Income Fund Ltd LSE:TFIF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TwentyFourome 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.

TwentyFourome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=1.094/1.114
=0.98

* 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 0.98 mean?
TwentyFourome Fund (LSE:TFIF) has a PB Ratio of 0.98 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TwentyFourome Fund and its competitors. This is near median its historical median of 1.00. Over the past decade, TwentyFourome Fund's PB Ratio has ranged from 0.75 to 1.18. According to the industry distribution chart, TwentyFourome Fund ranks #849 out of 1603 companies in the Asset Management industry, placing it in the top 53%.
Is TwentyFourome Fund's PB Ratio too high?
TwentyFourome Fund's current PB Ratio of 0.98 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.18. The Asset Management industry median PB Ratio is 0.96. TwentyFourome Fund's value of 0.98 is 2.1% above this industry median. Based on the distribution chart, TwentyFourome Fund ranks #849 out of 1603 companies in the Asset Management industry, which is below the industry midpoint. Overall, TwentyFourome Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does TwentyFourome Fund's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, TwentyFourome Fund ranks #849 out of 1603 companies for PB Ratio. This places TwentyFourome Fund in the lower half of its industry. The industry median PB Ratio is 0.96. TwentyFourome Fund's value of 0.98 is 2.1% above this benchmark. Historically, TwentyFourome Fund's own PB Ratio has ranged from 0.75 to 1.18 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.96, TwentyFourome 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 0.96, based on 1,603 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. TwentyFourome Fund's current PB Ratio of 0.98 is 2.1% 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 TwentyFourome Fund 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. TwentyFourome Fund's current PB Ratio is 0.98, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TwentyFourome Fund stock overvalued right now?
TwentyFourome Fund (LSE:TFIF) has a current PB Ratio of 0.98. The current PB Ratio is 0.98, which is near median its 10-year median of 1.00 and 2.1% above the Asset Management industry median of 0.96. TwentyFourome Fund's overall GF Score™ is 37/100 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 TwentyFourome Fund (LSE:TFIF), the current PB Ratio is 0.98 as of Jul. 12, 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.

TwentyFourome Fund Business Description

Address Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate attractive risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities.
37GF Score

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

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