BlackRock (CHIX:UU2D) PB Ratio: 2.51 (As of Jun. 24, 2026) — Near Median


CHIX:UU2D BlackRock Inc CHIX:UU2D
93 GF Score
Price €793.50
GF Value €885.06
! 6 Warning Signs
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What is BlackRock PB Ratio?

BlackRock CHIX:UU2D 93 PB Ratio is 2.51 as of Jun. 24, 2026, which is 8% below its 10-year median of 2.72. GuruFocus rates CHIX:UU2D with a GF Score™ of 93/100 and a GF Value™ of €885.06. The stock has 6 warning signs investors should review. Among 1,606 Asset Management companies, BlackRock ranks worse than 89.41% 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 (2026-06-24), BlackRock's share price is €793.50. BlackRock's Book Value per Share for the quarter that ended in Mar. 2026 was €315.61. Hence, BlackRock's PB Ratio of today is 2.51.

Good Sign:

BlackRock Inc stock PB Ratio (=2.78) is close to 2-year low of 2.56.

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

CHIX:UU2d' s PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.72   Max: 4.04
Current: 2.78

During the past 13 years, BlackRock's highest PB Ratio was 4.04. The lowest was 1.64. And the median was 2.72.

CHIX:UU2d's PB Ratio is ranked worse than
89.41% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs CHIX:UU2d: 2.78

During the past 12 months, BlackRock's average Book Value Per Share Growth Rate was 17.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BlackRock was 102.70% per year. The lowest was 4.40% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


BlackRock  (CHIX:UU2d) 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.


BlackRock PB Ratio Related Terms


BlackRock PB Ratio Historical Data

* Premium members only.

The historical data trend for BlackRock'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.

BlackRock PB Ratio Chart

BlackRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.93 2.71 2.58

BlackRock Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.77 2.88 2.60 2.58 2.51

CHIX:UU2D vs BX, KKR, APO: PB Ratio Comparison

For the Asset Management subindustry, BlackRock'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 PB Ratio vs Asset Management Industry

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

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


CHIX:UU2D
93GF Score
BlackRock Inc CHIX:UU2D
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock 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.

BlackRock's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=793.50/315.612
=2.51

* 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 2.51 mean?
BlackRock (CHIX:UU2D) has a PB Ratio of 2.51 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 BlackRock and its competitors. This is near median its historical median of 2.72. Over the past decade, BlackRock's PB Ratio has ranged from 1.64 to 4.04. According to the industry distribution chart, BlackRock ranks #1436 out of 1606 companies in the Asset Management industry, placing it in the top 89.4%.
Is BlackRock's PB Ratio too high?
BlackRock's current PB Ratio of 2.51 is near median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 4.04. The Asset Management industry median PB Ratio is 0.95. BlackRock's value of 2.51 is 164.2% above this industry median. Based on the distribution chart, BlackRock ranks #1436 out of 1606 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock's PB Ratio compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #1436 out of 1606 companies for PB Ratio. This places BlackRock in the lower half of its industry. The industry median PB Ratio is 0.95. BlackRock's value of 2.51 is 164.2% above this benchmark. Historically, BlackRock's own PB Ratio has ranged from 1.64 to 4.04 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 0.95, BlackRock 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 1,606 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. BlackRock's current PB Ratio of 2.51 is 164.2% 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 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's current PB Ratio is 2.51, which is near median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock stock overvalued right now?
BlackRock (CHIX:UU2D) has a current PB Ratio of 2.51. The stock's GF Value™ is €885.06, compared to a current price of €793.50 — trading 10.3% below its estimated fair value. The current PB Ratio is 2.51, which is near median its 10-year median of 2.72 and 164.2% above the Asset Management industry median of 0.95. BlackRock's overall GF Score™ is 93/100 with 6 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 (CHIX:UU2D), the current PB Ratio is 2.51 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.

Is BlackRock (CHIX:UU2D) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock stock appears to be undervalued. The current stock price of €793.50 is trading 10.3% below its estimated GF Value™ of €885.06.

Key valuation signals for CHIX:UU2D:

  • PB Ratio: 2.51 (near median its 10-year median of 2.72)
  • GF Value™: €885.06 vs. price of €793.50 (10.3% below fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 164.2% above the Asset Management median (#1436 of 1606)

No single metric tells the full story. See the CHIX:UU2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackRock Business Description

Address 50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $14.041 trillion in assets under management at the end of December 2025. Its product mix is diverse, with 55% of managed assets in equity strategies, 23% in fixed income, 9% in multi-asset classes, 6% in money market funds, and 5% in alternatives. Passive strategies account for more than two-thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which, by our calculations, account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one-third of managed assets coming from investors domiciled outside the US and Canada.
93GF Score

Get the complete analysis for CHIX:UU2D

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€793.50
Price
€885.06
GF Value