Acorn Capital Investment Fund (ASX:ACQ) PB Ratio: 0.69 (As of Jun. 28, 2026) — 26% Below Median


ASX:ACQ Acorn Capital Investment Fund Ltd ASX:ACQ
45 GF Score
Price A$0.87
GF Value A$5.58
Valuation Significantly Undervalued
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What is Acorn Capital Investment Fund PB Ratio?

Acorn Capital Investment Fund ASX:ACQ -2.25% 45 PB Ratio is 0.69 as of Jun. 28, 2026, which is 26% below its 10-year median of 0.93. GuruFocus rates ASX:ACQ with a GF Score™ of 45/100 and a GF Value™ of A$5.58 (Significantly Undervalued). Among 1,600 Asset Management companies, Acorn Capital Investment Fund ranks better than 80.06% 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 (2026-06-28), Acorn Capital Investment Fund's share price is A$0.87. Acorn Capital Investment Fund's Book Value per Share for the quarter that ended in Dec. 2025 was A$1.26. Hence, Acorn Capital Investment Fund's PB Ratio of today is 0.69.

Good Sign:

Acorn Capital Investment Fund Ltd stock PB Ratio (=0.69) is close to 10-year low of 0.68.

The historical rank and industry rank for Acorn Capital Investment Fund's PB Ratio or its related term are showing as below:

ASX:ACQ' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.93   Max: 1.55
Current: 0.69

During the past 12 years, Acorn Capital Investment Fund's highest PB Ratio was 1.55. The lowest was 0.68. And the median was 0.93.

ASX:ACQ's PB Ratio is ranked better than
80.06% of 1600 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:ACQ: 0.69

During the past 12 months, Acorn Capital Investment Fund's average Book Value Per Share Growth Rate was 17.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Acorn Capital Investment Fund was 16.40% per year. The lowest was -9.30% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio


Acorn Capital Investment Fund  (ASX:ACQ) 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.


Acorn Capital Investment Fund PB Ratio Related Terms


Acorn Capital Investment Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Acorn Capital Investment Fund'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.

Acorn Capital Investment Fund PB Ratio Chart

Acorn Capital Investment Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.93 0.85 0.74 0.68

Acorn Capital Investment Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.92 0.74 0.78 0.68 0.75

ASX:ACQ vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Acorn Capital Investment Fund'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.


Acorn Capital Investment Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Acorn Capital Investment Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Acorn Capital Investment Fund's PB Ratio falls into.


ASX:ACQ
45GF Score
Acorn Capital Investment Fund Ltd ASX:ACQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acorn Capital Investment Fund 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.

Acorn Capital Investment Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.87/1.255
=0.69

* 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 0.69 mean?
Acorn Capital Investment Fund (ASX:ACQ) has a PB Ratio of 0.69 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Acorn Capital Investment Fund and its competitors. This is 26% below median its historical median of 0.93. Over the past decade, Acorn Capital Investment Fund's PB Ratio has ranged from 0.68 to 1.55. According to the industry distribution chart, Acorn Capital Investment Fund ranks #319 out of 1600 companies in the Asset Management industry, placing it in the top 19.9%.
Is Acorn Capital Investment Fund's PB Ratio too high?
Acorn Capital Investment Fund's current PB Ratio of 0.69 is 26% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.55. The Asset Management industry median PB Ratio is 0.95. Acorn Capital Investment Fund's value of 0.69 is 27.4% below this industry median. Based on the distribution chart, Acorn Capital Investment Fund ranks #319 out of 1600 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Acorn Capital Investment Fund has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Acorn Capital Investment Fund's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Acorn Capital Investment Fund ranks #319 out of 1600 companies for PB Ratio. This places Acorn Capital Investment Fund in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. Acorn Capital Investment Fund's value of 0.69 is 27.4% below this benchmark. Historically, Acorn Capital Investment Fund's own PB Ratio has ranged from 0.68 to 1.55 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.95, Acorn Capital Investment Fund 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 0.95, based on 1,600 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. Acorn Capital Investment Fund's current PB Ratio of 0.69 is 27.4% 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 Acorn Capital Investment Fund and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acorn Capital Investment Fund's current PB Ratio is 0.69, which is 26% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acorn Capital Investment Fund stock overvalued right now?
Based on GuruFocus' analysis, Acorn Capital Investment Fund (ASX:ACQ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.58, compared to a current price of A$0.87 — trading 84.4% below its estimated fair value. The current PB Ratio is 0.69, which is 26% below median its 10-year median of 0.93 and 27.4% below the Asset Management industry median of 0.95. Acorn Capital Investment Fund's overall GF Score™ is 45/100. 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 Acorn Capital Investment Fund (ASX:ACQ), the current PB Ratio is 0.69 as of Jun. 28, 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.

Is Acorn Capital Investment Fund (ASX:ACQ) Overvalued in 2026?

Based on GuruFocus' analysis, Acorn Capital Investment Fund stock appears to be undervalued. The current stock price of A$0.87 is trading 84.4% below its estimated GF Value™ of A$5.58. GuruFocus considers Acorn Capital Investment Fund to be Significantly Undervalued.

Key valuation signals for ASX:ACQ:

  • PB Ratio: 0.69 (26% below median its 10-year median of 0.93)
  • GF Value™: A$5.58 vs. price of A$0.87 (84.4% below fair value)
  • GF Score™: 45/100
  • Industry Position: 27.4% below the Asset Management median (#319 of 1600)

No single metric tells the full story. See the ASX:ACQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acorn Capital Investment Fund Business Description

Address C/- Acorn Capital Limited, 2 Russell Street, Level 4, Melbourne, VIC, AUS, 3000
Acorn Capital Investment Fund Ltd is an Australian listed investment company focused on investing in a diversified portfolio of listed and unlisted emerging Australian companies, also known as microcaps. The fund targets small and emerging companies across various sectors including technology, healthcare, consumer discretionary, and industrials. Its revenue is generated prominently in the form of dividends, distributions, and capital gains from its investment portfolio. The company is based in Melbourne, Australia, and manages investments across public and private markets.
45GF Score

Get the complete analysis for ASX:ACQ

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

A$0.87
Price
A$5.58
GF Value