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PIMCOorate &ome Strategy FundPCN -0.68%51 PB Ratio is 0.98 as of Aug. 21, 2026, which is 13% below its 10-year median of 1.13. GuruFocus rates PCN with a GF Score™ of 51/100 and a GF Value™ of $10.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,593 Asset Management companies, PIMCOorate &ome Strategy Fund ranks worse than 54.61% on this metric.
PIMCO Corporate & Income Strategy Fund stock PB Ratio (=0.98) is close to 3-year low of 0.97.
The historical rank and industry rank for PIMCOorate &ome Strategy Fund's PB Ratio or its related term are showing as below:
PCN'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.13 Max: 1.48
Current: 0.98
During the past 8 years, PIMCOorate &ome Strategy Fund's highest PB Ratio was 1.48. The lowest was 0.75. And the median was 1.13.
PCN's PB Ratio is ranked worse than 54.61% of 1593
companies
in the Asset Management industry
Industry Median: 0.95
vs PCN: 0.98
During the past 12 months, PIMCOorate &ome Strategy Fund's average Book Value Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of PIMCOorate &ome Strategy Fund was -0.80% per year. The lowest was -9.30% per year. And the median was -5.90% per year.
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.
PIMCOorate &ome Strategy Fund PB Ratio Related Terms
PIMCOorate &ome Strategy Fund 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, PIMCOorate &ome Strategy 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.
PIMCOorate &ome Strategy Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PIMCOorate &ome Strategy Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where PIMCOorate &ome Strategy Fund's PB Ratio falls into.
PIMCOorate &ome Strategy 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.
* 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.
PIMCOorate &ome Strategy Fund (PCN) has a PB Ratio of 0.98 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PIMCOorate &ome Strategy Fund and its competitors. This is 13% below median its historical median of 1.13. Over the past decade, PIMCOorate &ome Strategy Fund's PB Ratio has ranged from 0.75 to 1.48. According to the industry distribution chart, PIMCOorate &ome Strategy Fund ranks #870 out of 1593 companies in the Asset Management industry, placing it in the top 54.6%.
Is PIMCOorate &ome Strategy Fund's PB Ratio too high?
PIMCOorate &ome Strategy Fund's current PB Ratio of 0.98 is 13% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.48. The Asset Management industry median PB Ratio is 0.95. PIMCOorate &ome Strategy Fund's value of 0.98 is 3.2% above this industry median. Based on the distribution chart, PIMCOorate &ome Strategy Fund ranks #870 out of 1593 companies in the Asset Management industry, which is below the industry midpoint. Overall, PIMCOorate &ome Strategy Fund has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PIMCOorate &ome Strategy Fund's PB Ratio compare to AWF and BBDC?
According to the Asset Management industry distribution chart, PIMCOorate &ome Strategy Fund ranks #870 out of 1593 companies for PB Ratio. This places PIMCOorate &ome Strategy Fund in the lower half of its industry. The industry median PB Ratio is 0.95. PIMCOorate &ome Strategy Fund's value of 0.98 is 3.2% above this benchmark. Historically, PIMCOorate &ome Strategy Fund's own PB Ratio has ranged from 0.75 to 1.48 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.95, PIMCOorate &ome Strategy 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 0.95, based on 1,593 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. PIMCOorate &ome Strategy Fund's current PB Ratio of 0.98 is 3.2% 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 PIMCOorate &ome Strategy Fund 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. PIMCOorate &ome Strategy Fund's current PB Ratio is 0.98, which is 13% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIMCOorate &ome Strategy Fund stock overvalued right now?
Based on GuruFocus' analysis, PIMCOorate &ome Strategy Fund (PCN) is currently considered Fairly Valued. The stock's GF Value™ is $10.81, compared to a current price of $11.66 — trading 7.9% above its estimated fair value. The current PB Ratio is 0.98, which is 13% below median its 10-year median of 1.13 and 3.2% above the Asset Management industry median of 0.95. PIMCOorate &ome Strategy Fund'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 PIMCOorate &ome Strategy Fund (PCN), the current PB Ratio is 0.98 as of Aug. 21, 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 PIMCOorate &ome Strategy Fund (PCN) Overvalued in 2026?
Based on GuruFocus' analysis, PIMCOorate &ome Strategy Fund stock appears to be overvalued.
The current stock price of $11.66 is trading 7.9% above its estimated GF Value™ of $10.81.
GuruFocus considers PIMCOorate &ome Strategy Fund to be Fairly Valued.
Key valuation signals for PCN:
PB Ratio: 0.98 (13% below median its 10-year median of 1.13)
GF Value™: $10.81 vs. price of $11.66 (7.9% above fair value)
Industry Position: 3.2% above the Asset Management median (#870 of 1593)
No single metric tells the full story. See the PCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income with capital appreciation as a secondary objective. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
51GF Score
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