NAOS Absolute Opportunities CoASX:NAC -3.74%33 PB Ratio is 0.63 as of Jun. 24, 2026, which is 27% below its 10-year median of 0.86. GuruFocus rates ASX:NAC with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,606 Asset Management companies, NAOS Absolute Opportunities Co ranks better than 82.75% on this metric.
NAOS Absolute Opportunities Co Ltd stock PB Ratio (=0.68) is close to 1-year low of 0.66.
The historical rank and industry rank for NAOS Absolute Opportunities Co's PB Ratio or its related term are showing as below:
ASX:NAC'
s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.86 Max: 1.15
Current: 0.63
During the past 11 years, NAOS Absolute Opportunities Co's highest PB Ratio was 1.15. The lowest was 0.48. And the median was 0.86.
ASX:NAC's PB Ratio is ranked better than 82.75% of 1606
companies
in the Asset Management industry
Industry Median: 0.95
vs ASX:NAC: 0.63
During the past 12 months, NAOS Absolute Opportunities Co's average Book Value Per Share Growth Rate was 46.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of NAOS Absolute Opportunities Co was 9.60% per year. The lowest was -22.50% per year. And the median was -1.15% per year.
Back to Basics: PB Ratio
NAOS Absolute Opportunities Co (ASX:NAC) 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.
NAOS Absolute Opportunities Co PB Ratio Related Terms
NAOS Absolute Opportunities Co 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, NAOS Absolute Opportunities Co'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.
NAOS Absolute Opportunities Co PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NAOS Absolute Opportunities Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where NAOS Absolute Opportunities Co's PB Ratio falls into.
NAOS Absolute Opportunities Co 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.
* 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.
NAOS Absolute Opportunities Co (ASX:NAC) has a PB Ratio of 0.63 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 NAOS Absolute Opportunities Co and its competitors. This is 27% below median its historical median of 0.86. Over the past decade, NAOS Absolute Opportunities Co's PB Ratio has ranged from 0.48 to 1.15. According to the industry distribution chart, NAOS Absolute Opportunities Co ranks #277 out of 1606 companies in the Asset Management industry, placing it in the top 17.2%.
Is NAOS Absolute Opportunities Co's PB Ratio too high?
NAOS Absolute Opportunities Co's current PB Ratio of 0.63 is 27% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.15. The Asset Management industry median PB Ratio is 0.95. NAOS Absolute Opportunities Co's value of 0.63 is 33.7% below this industry median. Based on the distribution chart, NAOS Absolute Opportunities Co ranks #277 out of 1606 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, NAOS Absolute Opportunities Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does NAOS Absolute Opportunities Co's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, NAOS Absolute Opportunities Co ranks #277 out of 1606 companies for PB Ratio. This places NAOS Absolute Opportunities Co in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. NAOS Absolute Opportunities Co's value of 0.63 is 33.7% below this benchmark. Historically, NAOS Absolute Opportunities Co's own PB Ratio has ranged from 0.48 to 1.15 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.95, NAOS Absolute Opportunities Co 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. NAOS Absolute Opportunities Co's current PB Ratio of 0.63 is 33.7% 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 NAOS Absolute Opportunities Co 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. NAOS Absolute Opportunities Co's current PB Ratio is 0.63, which is 27% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAOS Absolute Opportunities Co stock overvalued right now?
NAOS Absolute Opportunities Co (ASX:NAC) has a current PB Ratio of 0.63. The current PB Ratio is 0.63, which is 27% below median its 10-year median of 0.86 and 33.7% below the Asset Management industry median of 0.95. NAOS Absolute Opportunities Co's overall GF Score™ is 33/100 with 1 warning sign 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 NAOS Absolute Opportunities Co (ASX:NAC), the current PB Ratio is 0.63 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.
NAOS Absolute Opportunities Co Business Description
NAOS Absolute Opportunities Co Ltd is an investment company. The company invests in mid-cap listed equities through a long-biased structure with a long-term value focus that can produce positive absolute returns. It operates in Australia and derives revenue from dividend income, interest income and from the investment portfolio.
33GF Score
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