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Phoenix Digital AssetsAQSE:PNIX PB Ratio is 0.26 as of Jul. 22, 2026, which is 61% below its 10-year median of 0.66. The stock has 2 warning signs investors should review. Among 1,602 Asset Management companies, Phoenix Digital Assets ranks better than 96.57% on this metric.
Phoenix Digital Assets PLC stock PB Ratio (=0.26) is close to 5-year low of 0.26.
The historical rank and industry rank for Phoenix Digital Assets's PB Ratio or its related term are showing as below:
AQSE:PNIX'
s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.66 Max: 1.56
Current: 0.26
During the past 4 years, Phoenix Digital Assets's highest PB Ratio was 1.56. The lowest was 0.26. And the median was 0.66.
AQSE:PNIX's PB Ratio is ranked better than 96.57% of 1602
companies
in the Asset Management industry
Industry Median: 0.96
vs AQSE:PNIX: 0.26
During the past 12 months, Phoenix Digital Assets's average Book Value Per Share Growth Rate was 50.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.80% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Phoenix Digital Assets was 22.80% per year. The lowest was 22.80% per year. And the median was 22.80% per year.
Back to Basics: PB Ratio
Phoenix Digital Assets (AQSE:PNIX) 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.
* 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.
Phoenix Digital Assets PB Ratio Chart
Phoenix Digital Assets Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
PB Ratio
0.71
0.37
0.63
1.02
Phoenix Digital Assets Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
PB Ratio
0.71
0.37
0.63
1.02
AQSE:PNIX vs BLK, BX, KKR: PB Ratio Comparison
For the Asset Management subindustry, Phoenix Digital Assets'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.
Phoenix Digital Assets PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Phoenix Digital Assets's PB Ratio distribution charts can be found below:
* The bar in red indicates where Phoenix Digital Assets'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.
Phoenix Digital Assets (AQSE:PNIX) has a PB Ratio of 0.26 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Phoenix Digital Assets and its competitors. This is 61% below median its historical median of 0.66. Over the past decade, Phoenix Digital Assets' PB Ratio has ranged from 0.26 to 1.56. According to the industry distribution chart, Phoenix Digital Assets ranks #55 out of 1602 companies in the Asset Management industry, placing it in the top 3.4%.
Is Phoenix Digital Assets' PB Ratio too high?
Phoenix Digital Assets' current PB Ratio of 0.26 is 61% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.56. The Asset Management industry median PB Ratio is 0.96. Phoenix Digital Assets' value of 0.26 is 72.9% below this industry median. Based on the distribution chart, Phoenix Digital Assets ranks #55 out of 1602 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does Phoenix Digital Assets' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Phoenix Digital Assets ranks #55 out of 1602 companies for PB Ratio. This places Phoenix Digital Assets in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Phoenix Digital Assets' value of 0.26 is 72.9% below this benchmark. Historically, Phoenix Digital Assets' own PB Ratio has ranged from 0.26 to 1.56 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.96, Phoenix Digital Assets 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 1,602 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. Phoenix Digital Assets's current PB Ratio of 0.26 is 72.9% 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 Phoenix Digital Assets 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. Phoenix Digital Assets's current PB Ratio is 0.26, which is 61% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Digital Assets stock overvalued right now?
Phoenix Digital Assets (AQSE:PNIX) has a current PB Ratio of 0.26. The current PB Ratio is 0.26, which is 61% below median its 10-year median of 0.66 and 72.9% below the Asset Management industry median of 0.96. 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 Phoenix Digital Assets (AQSE:PNIX), the current PB Ratio is 0.26 as of Jul. 22, 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.
Phoenix Digital Assets PLC is a fund specializing in the market for digital assets. The company invests in a diversified portfolio of cryptocurrency assets, and/or in companies or funds which have exposure to blockchain technology.
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