ASX:PNI's PB Ratio is ranked worse than 92.72% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs ASX:PNI: 4.03
During the past 12 months, Pinnacle Investment Management Group's average Book Value Per Share Growth Rate was -0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 27.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pinnacle Investment Management Group was 39.00% per year. The lowest was -12.60% per year. And the median was 10.00% per year.
Back to Basics: PB Ratio
Pinnacle Investment Management Group (ASX:PNI) 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.
Pinnacle Investment Management Group PB Ratio Related Terms
Pinnacle Investment Management 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.
Pinnacle Investment Management Group PB Ratio Chart
For the Asset Management subindustry, Pinnacle Investment Management 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.
Pinnacle Investment Management Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pinnacle Investment Management Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pinnacle Investment Management Group's PB Ratio falls into.
Pinnacle Investment Management 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.
* 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.
Pinnacle Investment Management Group (ASX:PNI) has a PB Ratio of 4.03 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 Pinnacle Investment Management Group and its competitors. This is 33% below median its historical median of 6.02. Over the past decade, Pinnacle Investment Management Group's PB Ratio has ranged from 2.50 to 13.61. According to the industry distribution chart, Pinnacle Investment Management Group ranks #1490 out of 1607 companies in the Asset Management industry, placing it in the top 92.7%.
Is Pinnacle Investment Management Group's PB Ratio too high?
Pinnacle Investment Management Group's current PB Ratio of 4.03 is 33% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 13.61. The Asset Management industry median PB Ratio is 0.95. Pinnacle Investment Management Group's value of 4.03 is 324.2% above this industry median. Based on the distribution chart, Pinnacle Investment Management Group ranks #1490 out of 1607 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pinnacle Investment Management Group has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle Investment Management Group's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Pinnacle Investment Management Group ranks #1490 out of 1607 companies for PB Ratio. This places Pinnacle Investment Management Group in the lower half of its industry. The industry median PB Ratio is 0.95. Pinnacle Investment Management Group's value of 4.03 is 324.2% above this benchmark. Historically, Pinnacle Investment Management Group's own PB Ratio has ranged from 2.50 to 13.61 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 0.95, Pinnacle Investment Management 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 1,607 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. Pinnacle Investment Management Group's current PB Ratio of 4.03 is 324.2% 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 Pinnacle Investment Management 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. Pinnacle Investment Management Group's current PB Ratio is 4.03, which is 33% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle Investment Management Group stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle Investment Management Group (ASX:PNI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$23.17, compared to a current price of A$16.94 — trading 26.9% below its estimated fair value. The current PB Ratio is 4.03, which is 33% below median its 10-year median of 6.02 and 324.2% above the Asset Management industry median of 0.95. Pinnacle Investment Management Group's overall GF Score™ is 91/100 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 Pinnacle Investment Management Group (ASX:PNI), the current PB Ratio is 4.03 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 Pinnacle Investment Management Group (ASX:PNI) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle Investment Management Group stock appears to be undervalued.
The current stock price of A$16.94 is trading 26.9% below its estimated GF Value™ of A$23.17.
GuruFocus considers Pinnacle Investment Management Group to be Modestly Undervalued.
Key valuation signals for ASX:PNI:
PB Ratio: 4.03 (33% below median its 10-year median of 6.02)
GF Value™: A$23.17 vs. price of A$16.94 (26.9% below fair value)
Industry Position: 324.2% above the Asset Management median (#1490 of 1607)
No single metric tells the full story. See the ASX:PNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle Investment Management Group Business Description
Pinnacle Investment Management Group is an Australia-based multiaffiliate investment management firm. The principal activities of the firm are equity, seed capital, and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates by holding equity interests in them. The business is growing rapidly, with the number of boutiques and FUM growing to 18 and around AUD 208 billion in March 2026, respectively, from seven and AUD 23 billion in December 2016.
91GF Score
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