ASPU (Aspen Group) PB Ratio: 0.28 (As of Aug. 12, 2026) — 91% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASPU Aspen Group Inc ASPU
42 GF Score
Price $0.30
! 4 Warning Signs
View Full Analysis

What is Aspen Group PB Ratio?

Aspen Group ASPU -6.64% 42 PB Ratio is 0.28 as of Aug. 12, 2026, which is 91% below its 10-year median of 3.11. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 255 Education companies, Aspen Group ranks better than 89.8% 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 (2026-08-12), Aspen Group's share price is $0.30. Aspen Group's Book Value per Share for the quarter that ended in Jan. 2026 was $1.09. Hence, Aspen Group's PB Ratio of today is 0.28.

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

ASPU' s PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 3.11   Max: 37.09
Current: 0.28

During the past 12 years, Aspen Group's highest PB Ratio was 37.09. The lowest was 0.04. And the median was 3.11.

ASPU's PB Ratio is ranked better than
89.8% of 255 companies
in the Education industry
Industry Median: 1.42 vs ASPU: 0.28

During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.20% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Aspen Group was 395.30% per year. The lowest was 2.30% per year. And the median was 72.65% per year.

Back to Basics: PB Ratio


Aspen Group  (OTCPK:ASPU) 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.


Aspen Group PB Ratio Related Terms


Aspen Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Aspen 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.

Aspen Group PB Ratio Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 3.21 4.12 2.42 0.52

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
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 0.00 0.00 0.06 0.08 0.13

ASPU vs VSA, WAFU, AMBO: PB Ratio Comparison

For the Education & Training Services subindustry, Aspen 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.


Aspen Group PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's PB Ratio distribution charts can be found below:

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


ASPU
42GF Score
Aspen Group Inc ASPU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=0.30/1.089
=0.28

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.28 mean?
Aspen Group (ASPU) has a PB Ratio of 0.28 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aspen Group and its competitors. This is 91% below median its historical median of 3.11. Over the past decade, Aspen Group's PB Ratio has ranged from 0.04 to 37.09. According to the industry distribution chart, Aspen Group ranks #26 out of 255 companies in the Education industry, placing it in the top 10.2%.
Is Aspen Group's PB Ratio too high?
Aspen Group's current PB Ratio of 0.28 is 91% below median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 37.09. The Education industry median PB Ratio is 1.42. Aspen Group's value of 0.28 is 80.3% below this industry median. Based on the distribution chart, Aspen Group ranks #26 out of 255 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Aspen Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's PB Ratio compare to VSA and WAFU?
According to the Education industry distribution chart, Aspen Group ranks #26 out of 255 companies for PB Ratio. This places Aspen Group in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.42. Aspen Group's value of 0.28 is 80.3% below this benchmark. Historically, Aspen Group's own PB Ratio has ranged from 0.04 to 37.09 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 1.42, Aspen Group 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 Education company?
The median PB Ratio among Education companies is 1.42, based on 255 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. Aspen Group's current PB Ratio of 0.28 is 80.3% 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 Aspen Group and its competitors. For the Education industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current PB Ratio is 0.28, which is 91% below median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Aspen Group (ASPU) has a current PB Ratio of 0.28. The current PB Ratio is 0.28, which is 91% below median its 10-year median of 3.11 and 80.3% below the Education industry median of 1.42. Aspen Group's overall GF Score™ is 42/100 with 4 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 Aspen Group (ASPU), the current PB Ratio is 0.28 as of Aug. 12, 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.

Aspen Group Business Description

Address 4605 E. Elwood Street, Suite 300 and 400, Phoenix, AZ, USA, 85040
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to offer Associate, Bachelor's, Master's, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again.
42GF Score

Get the complete analysis for ASPU

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.30
Price