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AGNC InvestmentAGNCB.PFD 53 PB Ratio is 0.86 as of Jul. 19, 2026, which is 10% below its 10-year median of 0.96. GuruFocus rates AGNCB.PFD with a GF Score™ of 53/100. The stock has 6 warning signs investors should review. Among 929 REITs companies, AGNC Investment ranks worse than 79.12% on this metric.
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 (2026-07-19), AGNC Investment's share price is $25.21. AGNC Investment's Book Value per Share for the quarter that ended in Mar. 2026 was $29.48. Hence, AGNC Investment's PB Ratio of today is 0.86.
Warning Sign:
AGNC Investment Corp stock PB Ratio (=1.26) is close to 10-year high of 1.27.
The historical rank and industry rank for AGNC Investment's PB Ratio or its related term are showing as below:
AGNCB.PFD'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.96 Max: 1.27
Current: 1.26
During the past 13 years, AGNC Investment's highest PB Ratio was 1.27. The lowest was 0.53. And the median was 0.96.
AGNCB.PFD's PB Ratio is ranked worse than 79.12% of 929
companies
in the REITs industry
Industry Median: 0.86
vs AGNCB.PFD: 1.26
During the past 12 months, AGNC Investment'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 -4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AGNC Investment was 17.20% per year. The lowest was -18.70% per year. And the median was -4.60% per year.
Back to Basics: PB Ratio
AGNC Investment (NAS:AGNCB.PFD) 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.
AGNC Investment PB Ratio Related Terms
AGNC Investment PB Ratio Historical Data
* Premium members only.
The historical data trend for AGNC Investment'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.
For the REIT - Mortgage subindustry, AGNC Investment'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.
AGNC Investment PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, AGNC Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where AGNC Investment'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.
AGNC Investment's PB Ratio for today is calculated as follows:
* 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.
AGNC Investment (AGNCB.PFD) has a PB Ratio of 0.86 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AGNC Investment and its competitors. This is 10% below median its historical median of 0.96. Over the past decade, AGNC Investment's PB Ratio has ranged from 0.53 to 1.27. According to the industry distribution chart, AGNC Investment ranks #735 out of 929 companies in the REITs industry, placing it in the top 79.1%.
Is AGNC Investment's PB Ratio too high?
AGNC Investment's current PB Ratio of 0.86 is 10% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.27. The REITs industry median PB Ratio is 0.86. AGNC Investment's value of 0.86 is 0% at this industry median. Based on the distribution chart, AGNC Investment ranks #735 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, AGNC Investment has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does AGNC Investment's PB Ratio compare to NLY and STWD?
According to the REITs industry distribution chart, AGNC Investment ranks #735 out of 929 companies for PB Ratio. This places AGNC Investment in the lower half of its industry. The industry median PB Ratio is 0.86. AGNC Investment's value of 0.86 is 0% at this benchmark. Historically, AGNC Investment's own PB Ratio has ranged from 0.53 to 1.27 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.86, AGNC Investment has consistently been at 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 a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 929 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. AGNC Investment's current PB Ratio of 0.86 is 0% at 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 AGNC Investment and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGNC Investment's current PB Ratio is 0.86, which is 10% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGNC Investment stock overvalued right now?
AGNC Investment (AGNCB.PFD) has a current PB Ratio of 0.86. The current PB Ratio is 0.86, which is 10% below median its 10-year median of 0.96 and 0% at the REITs industry median of 0.86. AGNC Investment's overall GF Score™ is 53/100 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 AGNC Investment (AGNCB.PFD), the current PB Ratio is 0.86 as of Jul. 19, 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.
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage, or real estate markets.
53GF Score
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