CSQ (Calamos Strategic Total Return Fund) PB Ratio: 0.96 (As of Jun. 26, 2026) — Near Median


CSQ Calamos Strategic Total Return Fund CSQ
29 GF Score
Price $20.04
! 6 Warning Signs
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What is Calamos Strategic Total Return Fund PB Ratio?

Calamos Strategic Total Return Fund CSQ -0.64% 29 PB Ratio is 0.96 as of Jun. 26, 2026, which is 7% below its 10-year median of 1.03. GuruFocus rates CSQ with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 1,604 Asset Management companies, Calamos Strategic Total Return Fund ranks worse than 52.87% 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 (2026-06-26), Calamos Strategic Total Return Fund's share price is $20.04. Calamos Strategic Total Return Fund's Book Value per Share for the quarter that ended in Oct. 2025 was $20.83. Hence, Calamos Strategic Total Return Fund's PB Ratio of today is 0.96.

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

CSQ' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.03   Max: 1.43
Current: 0.96

During the past 9 years, Calamos Strategic Total Return Fund's highest PB Ratio was 1.43. The lowest was 0.60. And the median was 1.03.

CSQ's PB Ratio is ranked worse than
52.87% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs CSQ: 0.96

During the past 12 months, Calamos Strategic Total Return Fund's average Book Value Per Share Growth Rate was 18.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Calamos Strategic Total Return Fund was 15.30% per year. The lowest was -1.90% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio


Calamos Strategic Total Return Fund  (NAS:CSQ) 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.


Calamos Strategic Total Return Fund PB Ratio Related Terms


Calamos Strategic Total Return Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Calamos Strategic Total Return 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.

Calamos Strategic Total Return Fund PB Ratio Chart

Calamos Strategic Total Return Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.02 1.01 0.96 0.99 0.93

Calamos Strategic Total Return Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.96 0.98 0.99 0.98 0.93

CSQ vs GBDC, NEA, AB: PB Ratio Comparison

For the Asset Management subindustry, Calamos Strategic Total Return 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.


Calamos Strategic Total Return Fund PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Calamos Strategic Total Return Fund's PB Ratio falls into.


CSQ
29GF Score
Calamos Strategic Total Return Fund CSQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Calamos Strategic Total Return 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.

Calamos Strategic Total Return Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2025)
=20.04/20.826
=0.96

* 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 0.96 mean?
Calamos Strategic Total Return Fund (CSQ) has a PB Ratio of 0.96 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 Calamos Strategic Total Return Fund and its competitors. This is near median its historical median of 1.03. Over the past decade, Calamos Strategic Total Return Fund's PB Ratio has ranged from 0.60 to 1.43. According to the industry distribution chart, Calamos Strategic Total Return Fund ranks #848 out of 1604 companies in the Asset Management industry, placing it in the top 52.9%.
Is Calamos Strategic Total Return Fund's PB Ratio too high?
Calamos Strategic Total Return Fund's current PB Ratio of 0.96 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.43. The Asset Management industry median PB Ratio is 0.95. Calamos Strategic Total Return Fund's value of 0.96 is 1.1% above this industry median. Based on the distribution chart, Calamos Strategic Total Return Fund ranks #848 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Calamos Strategic Total Return Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Calamos Strategic Total Return Fund's PB Ratio compare to GBDC and NEA?
According to the Asset Management industry distribution chart, Calamos Strategic Total Return Fund ranks #848 out of 1604 companies for PB Ratio. This places Calamos Strategic Total Return Fund in the lower half of its industry. The industry median PB Ratio is 0.95. Calamos Strategic Total Return Fund's value of 0.96 is 1.1% above this benchmark. Historically, Calamos Strategic Total Return Fund's own PB Ratio has ranged from 0.60 to 1.43 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.95, Calamos Strategic Total Return 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 1,604 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. Calamos Strategic Total Return Fund's current PB Ratio of 0.96 is 1.1% 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 Calamos Strategic Total Return 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. Calamos Strategic Total Return Fund's current PB Ratio is 0.96, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Strategic Total Return Fund stock overvalued right now?
Calamos Strategic Total Return Fund (CSQ) has a current PB Ratio of 0.96. The current PB Ratio is 0.96, which is near median its 10-year median of 1.03 and 1.1% above the Asset Management industry median of 0.95. Calamos Strategic Total Return Fund's overall GF Score™ is 29/100 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 Calamos Strategic Total Return Fund (CSQ), the current PB Ratio is 0.96 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.

Calamos Strategic Total Return Fund Business Description

Address 2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Strategic Total Return Fund is a diversified, closed-end management investment company. The fund's objective is to provide total return through a combination of capital appreciation and current income. Its investment portfolio comprises equities, convertible securities, and high-yield corporate bonds.
29GF Score

Get the complete analysis for CSQ

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

$20.04
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