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General American Investors Company (General American Investors Company) PB Ratio : 0.87 (As of Apr. 26, 2024)


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What is General American Investors Company 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 (2024-04-26), General American Investors Company's share price is $45.41. General American Investors Company's Book Value per Share for the quarter that ended in Dec. 2023 was $51.96. Hence, General American Investors Company's PB Ratio of today is 0.87.

Good Sign:

General American Investors Company Inc stock PB Ratio (=0.87) is close to 1-year low of 0.81

The historical rank and industry rank for General American Investors Company's PB Ratio or its related term are showing as below:

GAM' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.88   Max: 1.11
Current: 0.87

During the past 8 years, General American Investors Company's highest PB Ratio was 1.11. The lowest was 0.57. And the median was 0.88.

GAM's PB Ratio is ranked better than
63.3% of 1692 companies
in the Asset Management industry
Industry Median: 0.93 vs GAM: 0.87

During the past 12 months, General American Investors Company's average Book Value Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of General American Investors Company was 15.10% per year. The lowest was -0.20% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


General American Investors Company PB Ratio Historical Data

The historical data trend for General American Investors Company'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.

General American Investors Company PB Ratio Chart

General American Investors Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.86 0.85 0.84 0.83 0.83

General American Investors Company Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.84 0.84 0.83 0.83 0.83

Competitive Comparison of General American Investors Company's PB Ratio

For the Asset Management subindustry, General American Investors Company'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.


General American Investors Company's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's PB Ratio distribution charts can be found below:

* The bar in red indicates where General American Investors Company's PB Ratio falls into.



General American Investors Company 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.

General American Investors Company's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=45.41/51.956
=0.87

* 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.


General American Investors Company  (NYSE:GAM) 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.


General American Investors Company PB Ratio Related Terms

Thank you for viewing the detailed overview of General American Investors Company's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
N/A
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Anang K. Majmudar officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Jeffrey W Priest officer: President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Savannah Sachs director 530 FIFTH AVE, 26TH FL, NEW YORK NY 10036
Rodney B Berens director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORP. CENTER SUITE 208, WEST CONSHOHOCKEN PA 19428
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Spencer Davidson director, officer: President & CEO GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Trust F B O Altschul Emily H U A D 1 9 67 officer: Trustee/President & CEO - GAM
Trust Fbo Altschul Serena Uad 12 15 72 officer: Trustee/President & CEO - GAM C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500
Trust F B O Altschul Stephen F U A D 10 22 58 officer: Trustee/Pres. & CEO - GAM
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Trust Fbo Serena Vr Altschul Uad 5/22/71 other: Trustee is a GAM Director C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500

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