BCV (Bancroft Fund) PB Ratio: 1.08 (As of Jun. 25, 2026) — 19% Above Median


BCV Bancroft Fund Ltd BCV
24 GF Score
Price $25.70
! 5 Warning Signs
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What is Bancroft Fund PB Ratio?

Bancroft Fund BCV +0.27% 24 PB Ratio is 1.08 as of Jun. 25, 2026, which is 19% above its 10-year median of 0.91. GuruFocus rates BCV with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,607 Asset Management companies, Bancroft Fund ranks worse than 68.01% 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 (2026-06-25), Bancroft Fund's share price is $25.70. Bancroft Fund's Book Value per Share for the quarter that ended in Mar. 2026 was $23.71. Hence, Bancroft Fund's PB Ratio of today is 1.08.

Warning Sign:

Bancroft Fund Ltd stock PB Ratio (=1.08) is close to 5-year high of 1.13.

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

BCV' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.91   Max: 1.24
Current: 1.08

During the past 13 years, Bancroft Fund's highest PB Ratio was 1.24. The lowest was 0.50. And the median was 0.91.

BCV's PB Ratio is ranked worse than
68.01% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs BCV: 1.08

During the past 12 months, Bancroft Fund's average Book Value Per Share Growth Rate was 22.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bancroft Fund was 11.00% per year. The lowest was -12.70% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio


Bancroft Fund  (AMEX:BCV) 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.


Bancroft Fund PB Ratio Related Terms


Bancroft Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Bancroft 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.

Bancroft Fund PB Ratio Chart

Bancroft Fund Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.91 0.88 0.87 0.87

Bancroft Fund Semi-Annual Data
Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.86 0.87 0.90 0.87 0.91

BCV vs MHF, PIM, IGA: PB Ratio Comparison

For the Asset Management subindustry, Bancroft 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.


Bancroft Fund PB Ratio vs Asset Management Industry

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

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


BCV
24GF Score
Bancroft Fund Ltd BCV
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bancroft 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.

Bancroft Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=25.70/23.713
=1.08

* 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 1.08 mean?
Bancroft Fund (BCV) has a PB Ratio of 1.08 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bancroft Fund and its competitors. This is 19% above median its historical median of 0.91. Over the past decade, Bancroft Fund's PB Ratio has ranged from 0.50 to 1.24. According to the industry distribution chart, Bancroft Fund ranks #1093 out of 1607 companies in the Asset Management industry, placing it in the top 68%.
Is Bancroft Fund's PB Ratio too high?
Bancroft Fund's current PB Ratio of 1.08 is 19% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.24. The Asset Management industry median PB Ratio is 0.95. Bancroft Fund's value of 1.08 is 13.7% above this industry median. Based on the distribution chart, Bancroft Fund ranks #1093 out of 1607 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bancroft Fund has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Bancroft Fund's PB Ratio compare to MHF and PIM?
According to the Asset Management industry distribution chart, Bancroft Fund ranks #1093 out of 1607 companies for PB Ratio. This places Bancroft Fund in the lower half of its industry. The industry median PB Ratio is 0.95. Bancroft Fund's value of 1.08 is 13.7% above this benchmark. Historically, Bancroft Fund's own PB Ratio has ranged from 0.50 to 1.24 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, Bancroft Fund 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. Bancroft Fund's current PB Ratio of 1.08 is 13.7% 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 Bancroft 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. Bancroft Fund's current PB Ratio is 1.08, which is 19% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancroft Fund stock overvalued right now?
Bancroft Fund (BCV) has a current PB Ratio of 1.08. The current PB Ratio is 1.08, which is 19% above median its 10-year median of 0.91 and 13.7% above the Asset Management industry median of 0.95. Bancroft Fund's overall GF Score™ is 24/100 with 5 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 Bancroft Fund (BCV), the current PB Ratio is 1.08 as of Jun. 25, 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.

Bancroft Fund Business Description

Other Exchanges BCVpA.PFD:USA
Address One Corporate Center, Rye, New York, NY, USA, 10580-1422
Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.
24GF Score

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