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RedFish LongTerm Capital SpAMIL:RFLTC +4.17%51 PB Ratio is 1.00 as of Jul. 23, 2026, which is 10% above its 10-year median of 0.91. GuruFocus rates MIL:RFLTC with a GF Score™ of 51/100 and a GF Value™ of €2.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,600 Asset Management companies, RedFish LongTerm Capital SpA ranks worse than 61.81% on this metric.
RedFish LongTerm Capital SpA stock PB Ratio (=0.96) is close to 2-year high of 1.05.
The historical rank and industry rank for RedFish LongTerm Capital SpA's PB Ratio or its related term are showing as below:
MIL:RFLTC'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.91 Max: 1.21
Current: 1.02
During the past 5 years, RedFish LongTerm Capital SpA's highest PB Ratio was 1.21. The lowest was 0.75. And the median was 0.91.
MIL:RFLTC's PB Ratio is ranked worse than 61.81% of 1600
companies
in the Asset Management industry
Industry Median: 0.95
vs MIL:RFLTC: 1.02
During the past 12 months, RedFish LongTerm Capital SpA's average Book Value Per Share Growth Rate was -11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of RedFish LongTerm Capital SpA was 18.50% per year. The lowest was 0.90% per year. And the median was 9.70% per year.
Back to Basics: PB Ratio
RedFish LongTerm Capital SpA (MIL:RFLTC) 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.
RedFish LongTerm Capital SpA PB Ratio Related Terms
RedFish LongTerm Capital SpA PB Ratio Historical Data
* 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, RedFish LongTerm Capital SpA'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.
RedFish LongTerm Capital SpA PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where RedFish LongTerm Capital SpA'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.
RedFish LongTerm Capital SpA (MIL:RFLTC) has a PB Ratio of 1.00 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on RedFish LongTerm Capital SpA and its competitors. This is 10% above median its historical median of 0.91. Over the past decade, RedFish LongTerm Capital SpA's PB Ratio has ranged from 0.75 to 1.21. According to the industry distribution chart, RedFish LongTerm Capital SpA ranks #989 out of 1600 companies in the Asset Management industry, placing it in the top 61.8%.
Is RedFish LongTerm Capital SpA's PB Ratio too high?
RedFish LongTerm Capital SpA's current PB Ratio of 1.00 is 10% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.21. The Asset Management industry median PB Ratio is 0.95. RedFish LongTerm Capital SpA's value of 1.00 is 5.3% above this industry median. Based on the distribution chart, RedFish LongTerm Capital SpA ranks #989 out of 1600 companies in the Asset Management industry, which is below the industry midpoint. Overall, RedFish LongTerm Capital SpA has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RedFish LongTerm Capital SpA's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, RedFish LongTerm Capital SpA ranks #989 out of 1600 companies for PB Ratio. This places RedFish LongTerm Capital SpA in the lower half of its industry. The industry median PB Ratio is 0.95. RedFish LongTerm Capital SpA's value of 1.00 is 5.3% above this benchmark. Historically, RedFish LongTerm Capital SpA's own PB Ratio has ranged from 0.75 to 1.21 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, RedFish LongTerm Capital SpA 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 0.95, 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. RedFish LongTerm Capital SpA's current PB Ratio of 1.00 is 5.3% 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 RedFish LongTerm Capital SpA 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. RedFish LongTerm Capital SpA's current PB Ratio is 1.00, which is 10% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFish LongTerm Capital SpA stock overvalued right now?
Based on GuruFocus' analysis, RedFish LongTerm Capital SpA (MIL:RFLTC) is currently considered Possible Value Trap. The stock's GF Value™ is €2.11, compared to a current price of €1.25 — trading 40.8% below its estimated fair value. The current PB Ratio is 1.00, which is 10% above median its 10-year median of 0.91 and 5.3% above the Asset Management industry median of 0.95. RedFish LongTerm Capital SpA's overall GF Score™ is 51/100 with 5 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 RedFish LongTerm Capital SpA (MIL:RFLTC), the current PB Ratio is 1.00 as of Jul. 23, 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 RedFish LongTerm Capital SpA (MIL:RFLTC) Overvalued in 2026?
Based on GuruFocus' analysis, RedFish LongTerm Capital SpA stock appears to be undervalued.
The current stock price of €1.25 is trading 40.8% below its estimated GF Value™ of €2.11.
GuruFocus considers RedFish LongTerm Capital SpA to be Possible Value Trap.
Key valuation signals for MIL:RFLTC:
PB Ratio: 1.00 (10% above median its 10-year median of 0.91)
GF Value™: €2.11 vs. price of €1.25 (40.8% below fair value)
Industry Position: 5.3% above the Asset Management median (#989 of 1600)
No single metric tells the full story. See the MIL:RFLTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control, and debt optimization, but above all, advisory services for the acquisition of Target Companies to pursue the development plan for external lines.
51GF Score
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