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Great Elm Group (Great Elm Group) PB Ratio : 0.84 (As of Apr. 25, 2024)


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What is Great Elm Group PB Ratio?

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 (2024-04-25), Great Elm Group's share price is $1.89. Great Elm Group's Book Value per Share for the quarter that ended in Dec. 2023 was $2.25. Hence, Great Elm Group's PB Ratio of today is 0.84.

Good Sign:

Great Elm Group Inc stock PB Ratio (=0.84) is close to 3-year low of 0.8

The historical rank and industry rank for Great Elm Group's PB Ratio or its related term are showing as below:

GEG' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.42   Max: 61.49
Current: 0.84

During the past 13 years, Great Elm Group's highest PB Ratio was 61.49. The lowest was 0.74. And the median was 1.42.

GEG's PB Ratio is ranked better than
70.29% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs GEG: 0.84

During the past 12 months, Great Elm Group's average Book Value Per Share Growth Rate was 16.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Great Elm Group was 93.80% per year. The lowest was -66.40% per year. And the median was -11.70% per year.

Back to Basics: PB Ratio


Great Elm Group PB Ratio Historical Data

The historical data trend for Great Elm Group'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.

* Premium members only.

Great Elm Group PB Ratio Chart

Great Elm Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 0.98 1.35 1.83 0.95

Great Elm Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 0.97 0.95 0.95 0.86

Competitive Comparison of Great Elm Group's PB Ratio

For the Asset Management subindustry, Great Elm Group'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.


Great Elm Group's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Great Elm Group's PB Ratio falls into.



Great Elm Group 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.

Great Elm Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.89/2.249
=0.84

* 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.


Great Elm Group  (NAS:GEG) 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.


Great Elm Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Great Elm Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Elm Group (Great Elm Group) Business Description

Traded in Other Exchanges
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Group Inc operates as a holding company. It focuses on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The company's only segment is investment management.
Executives
Jason W. Reese director, 10 percent owner C/O IMPERIAL CAPITAL ASSET MANAGEMENT, L, 10100 SANTA MONICA BLVD. SUITE 2400, LOS ANGELES CA 90067
James H Hugar director C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Keri Davis officer: Chief Financial Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Imperial Capital Group Holdings Ii, Llc 10 percent owner 3801 PGA BOULEVARD, SUITE 603, PALM BEACH GARDENS FL 33410
Adam M Kleinman officer: President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Peter A Reed officer: Chief Executive Officer C/O UNWIRED PLANET, INC., 170 S. VIRGINIA STREET SUITE 201, RENO NV 89501
Nichole Milz officer: Chief Operating Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
David Matter director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Thomas S Harbin director SOURCE CAPITAL, LLC, 75 FOURTEENTH STREET, SUITE 2700, ATLANTA GA 30309
James P Parmelee director 100 UNION SQUARE DRIVE, NEW HOPE PA 18938