BlackWall (ASX:BWF) PB Ratio: 0.58 (As of Jun. 24, 2026) — 54% Below Median


ASX:BWF BlackWall Ltd ASX:BWF
46 GF Score
Price A$0.15
GF Value A$0.01
Valuation Significantly Overvalued
! 8 Warning Signs
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What is BlackWall PB Ratio?

BlackWall ASX:BWF 46 PB Ratio is 0.58 as of Jun. 24, 2026, which is 54% below its 10-year median of 1.27. GuruFocus rates ASX:BWF with a GF Score™ of 46/100 and a GF Value™ of A$0.01 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,606 Asset Management companies, BlackWall ranks better than 86.05% 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 (2026-06-24), BlackWall's share price is A$0.145. BlackWall's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.25. Hence, BlackWall's PB Ratio of today is 0.58.

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

ASX:BWF' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.27   Max: 2.2
Current: 0.58

During the past 13 years, BlackWall's highest PB Ratio was 2.20. The lowest was 0.41. And the median was 1.27.

ASX:BWF's PB Ratio is ranked better than
86.05% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:BWF: 0.58

During the past 12 months, BlackWall's average Book Value Per Share Growth Rate was -35.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BlackWall was 20.10% per year. The lowest was -12.50% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


BlackWall  (ASX:BWF) 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.


BlackWall PB Ratio Related Terms


BlackWall PB Ratio Historical Data

* Premium members only.

The historical data trend for BlackWall'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.

BlackWall PB Ratio Chart

BlackWall 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 1.17 1.47 1.44 0.70 0.94

BlackWall 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 0.80 0.70 0.78 0.94 0.63

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

For the Asset Management subindustry, BlackWall'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.


BlackWall PB Ratio vs Asset Management Industry

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

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


ASX:BWF
46GF Score
BlackWall Ltd ASX:BWF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackWall 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.

BlackWall's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.145/0.249
=0.58

* 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 0.58 mean?
BlackWall (ASX:BWF) has a PB Ratio of 0.58 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BlackWall and its competitors. This is 54% below median its historical median of 1.27. Over the past decade, BlackWall's PB Ratio has ranged from 0.41 to 2.20. According to the industry distribution chart, BlackWall ranks #224 out of 1606 companies in the Asset Management industry, placing it in the top 13.9%.
Is BlackWall's PB Ratio too high?
BlackWall's current PB Ratio of 0.58 is 54% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.20. The Asset Management industry median PB Ratio is 0.95. BlackWall's value of 0.58 is 38.9% below this industry median. Based on the distribution chart, BlackWall ranks #224 out of 1606 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackWall has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackWall's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackWall ranks #224 out of 1606 companies for PB Ratio. This places BlackWall in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. BlackWall's value of 0.58 is 38.9% below this benchmark. Historically, BlackWall's own PB Ratio has ranged from 0.41 to 2.20 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.95, BlackWall 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 1,606 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. BlackWall's current PB Ratio of 0.58 is 38.9% 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 BlackWall 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. BlackWall's current PB Ratio is 0.58, which is 54% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackWall stock overvalued right now?
Based on GuruFocus' analysis, BlackWall (ASX:BWF) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.15 — trading 1350% above its estimated fair value. The current PB Ratio is 0.58, which is 54% below median its 10-year median of 1.27 and 38.9% below the Asset Management industry median of 0.95. BlackWall's overall GF Score™ is 46/100 with 8 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 BlackWall (ASX:BWF), the current PB Ratio is 0.58 as of Jun. 24, 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 BlackWall (ASX:BWF) Overvalued in 2026?

Based on GuruFocus' analysis, BlackWall stock appears to be overvalued. The current stock price of A$0.15 is trading 1350% above its estimated GF Value™ of A$0.01. GuruFocus considers BlackWall to be Significantly Overvalued.

Key valuation signals for ASX:BWF:

  • PB Ratio: 0.58 (54% below median its 10-year median of 1.27)
  • GF Value™: A$0.01 vs. price of A$0.15 (1350% above fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 38.9% below the Asset Management median (#224 of 1606)

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


BlackWall Business Description

Address 50 Yeo Street, Neutral Bay, Sydney, NSW, AUS, 2089
BlackWall Ltd is a real estate company. It operates through three segments: BlackWall, Investments, and Corporate. It generates a majority of its revenue from the BlackWall segment, which is engaged in engages in funds and asset management as well as property services that include property management, leasing, and general property consultancy. The investment segment includes interests in property-related investments such as units in related parties listed and unlisted unit trusts, loans, and cash. The corporate segment relates to company taxation and selected corporate overheads.
46GF Score

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

A$0.15
Price
A$0.01
GF Value