Blackrock Municipal Income Trust II stock PB Ratio (=0.98) is close to 5-year high of 1.08.
The historical rank and industry rank for Blackrock Municipalome Trust II's PB Ratio or its related term are showing as below:
BLE'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.92 Max: 1.1
Current: 0.98
During the past 13 years, Blackrock Municipalome Trust II's highest PB Ratio was 1.10. The lowest was 0.63. And the median was 0.92.
BLE's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95
vs BLE: 0.98
During the past 12 months, Blackrock Municipalome Trust II's average Book Value Per Share Growth Rate was -11.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackrock Municipalome Trust II was 6.50% per year. The lowest was -10.90% per year. And the median was -1.65% per year.
Back to Basics: PB Ratio
Blackrock Municipalome Trust II (NYSE:BLE) 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.
Blackrock Municipalome Trust II PB Ratio Related Terms
Blackrock Municipalome Trust II 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, Blackrock Municipalome Trust II'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.
Blackrock Municipalome Trust II PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's PB Ratio distribution charts can be found below:
* The bar in red indicates where Blackrock Municipalome Trust II's PB Ratio falls into.
Blackrock Municipalome Trust II 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.
Blackrock Municipalome Trust II (BLE) has a PB Ratio of 0.98 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 Blackrock Municipalome Trust II and its competitors. This is near median its historical median of 0.92. Over the past decade, Blackrock Municipalome Trust II's PB Ratio has ranged from 0.63 to 1.10.
Is Blackrock Municipalome Trust II's PB Ratio too high?
Blackrock Municipalome Trust II's current PB Ratio of 0.98 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.10. The Asset Management industry median PB Ratio is 0.95. Blackrock Municipalome Trust II's value of 0.98 is 3.2% above this industry median. Overall, Blackrock Municipalome Trust II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipalome Trust II's PB Ratio compare to VVR and HQL?
Blackrock Municipalome Trust II's PB Ratio of 0.98 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Blackrock Municipalome Trust II's value of 0.98 is 3.2% above this benchmark. Historically, Blackrock Municipalome Trust II's own PB Ratio has ranged from 0.63 to 1.10 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.95, Blackrock Municipalome Trust II 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. Blackrock Municipalome Trust II's current PB Ratio of 0.98 is 3.2% 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 Blackrock Municipalome Trust II 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. Blackrock Municipalome Trust II's current PB Ratio is 0.98, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipalome Trust II stock overvalued right now?
Blackrock Municipalome Trust II (BLE) has a current PB Ratio of 0.98. The current PB Ratio is 0.98, which is near median its 10-year median of 0.92 and 3.2% above the Asset Management industry median of 0.95. Blackrock Municipalome Trust II's overall GF Score™ is 24/100 with 2 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 Blackrock Municipalome Trust II (BLE), the current PB Ratio is 0.98 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.
Blackrock Municipalome Trust II Business Description
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide a high current income exempt from federal income taxes. The fund invests a majority of its managed assets in municipal obligations issued by or on behalf of states, territories, and possessions of the United States and their political subdivisions, agencies, or instrumentalities (Municipal Bonds), the interest of which is exempt from regular federal income tax (except that the interest may be subject to the alternative minimum tax).
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