Generation Development GroupASX:GDG -3.71%57 PB Ratio is 1.90 as of Jun. 26, 2026, which is 62% below its 10-year median of 4.96. GuruFocus rates ASX:GDG with a GF Score™ of 57/100 and a GF Value™ of A$7.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,604 Asset Management companies, Generation Development Group ranks worse than 85.29% on this metric.
Generation Development Group Ltd stock PB Ratio (=2.1) is close to 10-year low of 2.
The historical rank and industry rank for Generation Development Group's PB Ratio or its related term are showing as below:
ASX:GDG'
s PB Ratio Range Over the Past 10 Years
Min: 1.9 Med: 4.96 Max: 17.13
Current: 1.9
During the past 13 years, Generation Development Group's highest PB Ratio was 17.13. The lowest was 1.90. And the median was 4.96.
ASX:GDG's PB Ratio is ranked worse than 85.29% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs ASX:GDG: 1.90
During the past 12 months, Generation Development Group's average Book Value Per Share Growth Rate was 55.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 82.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 58.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 32.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Generation Development Group was 82.00% per year. The lowest was -22.40% per year. And the median was 11.80% per year.
Back to Basics: PB Ratio
Generation Development Group (ASX:GDG) 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.
Generation Development Group PB Ratio Related Terms
Generation Development Group PB Ratio Historical Data
* 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 Asset Management subindustry, Generation Development 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.
Generation Development Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Generation Development Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Generation Development Group'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.
Generation Development Group (ASX:GDG) has a PB Ratio of 1.90 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Generation Development Group and its competitors. This is 62% below median its historical median of 4.96. Over the past decade, Generation Development Group's PB Ratio has ranged from 1.90 to 17.13. According to the industry distribution chart, Generation Development Group ranks #1368 out of 1604 companies in the Asset Management industry, placing it in the top 85.3%.
Is Generation Development Group's PB Ratio too high?
Generation Development Group's current PB Ratio of 1.90 is 62% below median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 17.13. The Asset Management industry median PB Ratio is 0.95. Generation Development Group's value of 1.90 is 100% above this industry median. Based on the distribution chart, Generation Development Group ranks #1368 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Generation Development Group has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Generation Development Group's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Generation Development Group ranks #1368 out of 1604 companies for PB Ratio. This places Generation Development Group in the lower half of its industry. The industry median PB Ratio is 0.95. Generation Development Group's value of 1.90 is 100% above this benchmark. Historically, Generation Development Group's own PB Ratio has ranged from 1.90 to 17.13 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 0.95, Generation Development Group has consistently been above 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 1,604 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. Generation Development Group's current PB Ratio of 1.90 is 100% above 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 Generation Development Group 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. Generation Development Group's current PB Ratio is 1.90, which is 62% below median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Development Group stock overvalued right now?
Based on GuruFocus' analysis, Generation Development Group (ASX:GDG) is currently considered Possible Value Trap. The stock's GF Value™ is A$7.16, compared to a current price of A$3.37 — trading 52.9% below its estimated fair value. The current PB Ratio is 1.90, which is 62% below median its 10-year median of 4.96 and 100% above the Asset Management industry median of 0.95. Generation Development Group's overall GF Score™ is 57/100 with 3 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 Generation Development Group (ASX:GDG), the current PB Ratio is 1.90 as of Jun. 26, 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 Generation Development Group (ASX:GDG) Overvalued in 2026?
Based on GuruFocus' analysis, Generation Development Group stock appears to be undervalued.
The current stock price of A$3.37 is trading 52.9% below its estimated GF Value™ of A$7.16.
GuruFocus considers Generation Development Group to be Possible Value Trap.
Key valuation signals for ASX:GDG:
PB Ratio: 1.90 (62% below median its 10-year median of 4.96)
GF Value™: A$7.16 vs. price of A$3.37 (52.9% below fair value)
Industry Position: 100% above the Asset Management median (#1368 of 1604)
No single metric tells the full story. See the ASX:GDG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1991, Generation originally operated as a pooled development fund, focusing on providing capital to businesses in financial services. Today, the firm is structured across three key business lines within wealth management. The first is through Generation Life, the market leader in investment bonds by in-flows, which offers tax-effective products, including investment bonds and annuities. The second business line is Lonsec, a prominent research and ratings provider to the Australian financial services sector, competing against Morningstar and Zenith. The third division provides managed account solutions, a result of the merger between Evidentia and Lonsec Investment Solutions, offering individually owned accounts professionally managed by experienced portfolio managers.
57GF Score
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