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Liberty All Star Equity FundUSA -0.86%52 PB Ratio is 0.84 as of Jul. 17, 2026, which is 14% below its 10-year median of 0.98. GuruFocus rates USA with a GF Score™ of 52/100 and a GF Value™ of $3.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,600 Asset Management companies, Liberty All Star Equity Fund ranks better than 69.25% on this metric.
Liberty All Star Equity Fund stock PB Ratio (=0.85) is close to 3-year low of 0.8.
The historical rank and industry rank for Liberty All Star Equity Fund's PB Ratio or its related term are showing as below:
USA'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.98 Max: 1.25
Current: 0.84
During the past 9 years, Liberty All Star Equity Fund's highest PB Ratio was 1.25. The lowest was 0.58. And the median was 0.98.
USA's PB Ratio is ranked better than 69.25% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs USA: 0.84
During the past 12 months, Liberty All Star Equity Fund's average Book Value Per Share Growth Rate was -1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Liberty All Star Equity Fund was 11.60% per year. The lowest was -5.40% per year. And the median was -0.25% per year.
Back to Basics: PB Ratio
Liberty All Star Equity Fund (NYSE:USA) 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.
Liberty All Star Equity Fund PB Ratio Related Terms
Liberty All Star Equity 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, Liberty All Star Equity 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.
Liberty All Star Equity Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Liberty All Star Equity Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Liberty All Star Equity Fund'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.
Liberty All Star Equity Fund (USA) has a PB Ratio of 0.84 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 Liberty All Star Equity Fund and its competitors. This is 14% below median its historical median of 0.98. Over the past decade, Liberty All Star Equity Fund's PB Ratio has ranged from 0.58 to 1.25. According to the industry distribution chart, Liberty All Star Equity Fund ranks #492 out of 1600 companies in the Asset Management industry, placing it in the top 30.7%.
Is Liberty All Star Equity Fund's PB Ratio too high?
Liberty All Star Equity Fund's current PB Ratio of 0.84 is 14% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.25. The Asset Management industry median PB Ratio is 0.96. Liberty All Star Equity Fund's value of 0.84 is 12.5% below this industry median. Based on the distribution chart, Liberty All Star Equity Fund ranks #492 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, Liberty All Star Equity Fund has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty All Star Equity Fund's PB Ratio compare to PAX and GAB?
According to the Asset Management industry distribution chart, Liberty All Star Equity Fund ranks #492 out of 1600 companies for PB Ratio. This puts Liberty All Star Equity Fund in the upper half of its industry. The industry median PB Ratio is 0.96. Liberty All Star Equity Fund's value of 0.84 is 12.5% below this benchmark. Historically, Liberty All Star Equity Fund's own PB Ratio has ranged from 0.58 to 1.25 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.96, Liberty All Star Equity Fund 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. Liberty All Star Equity Fund's current PB Ratio of 0.84 is 12.5% 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 Liberty All Star Equity 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. Liberty All Star Equity Fund's current PB Ratio is 0.84, which is 14% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty All Star Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Liberty All Star Equity Fund (USA) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.62, compared to a current price of $5.75 — trading 58.8% above its estimated fair value. The current PB Ratio is 0.84, which is 14% below median its 10-year median of 0.98 and 12.5% below the Asset Management industry median of 0.96. Liberty All Star Equity Fund's overall GF Score™ is 52/100 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 Liberty All Star Equity Fund (USA), the current PB Ratio is 0.84 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 Liberty All Star Equity Fund (USA) Overvalued in 2026?
Based on GuruFocus' analysis, Liberty All Star Equity Fund stock appears to be overvalued.
The current stock price of $5.75 is trading 58.8% above its estimated GF Value™ of $3.62.
GuruFocus considers Liberty All Star Equity Fund to be Significantly Overvalued.
Key valuation signals for USA:
PB Ratio: 0.84 (14% below median its 10-year median of 0.98)
GF Value™: $3.62 vs. price of $5.75 (58.8% above fair value)
Industry Position: 12.5% below the Asset Management median (#492 of 1600)
No single metric tells the full story. See the USA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liberty All Star Equity Fund is a diversified, closed-end management investment company. Its objective is to provide a high level of current income and long-term capital appreciation through investing principally in a diversified portfolio of equity securities. The fund invests in various sectors, including financials, information technology, healthcare, consumer discretionary, consumer staples, industrials, energy, materials, real estate, utilities, telecommunication, and other services.
52GF Score
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