Destra Multi-Alternative FundDMA +1.02%34 PB Ratio is 0.83 as of Jun. 26, 2026, which is 15% above its 10-year median of 0.72. GuruFocus rates DMA with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,604 Asset Management companies, Destra Multi-Alternative Fund ranks better than 71.2% on this metric.
Destra Multi-Alternative Fund stock PB Ratio (=0.83) is close to 5-year high of 0.92.
The historical rank and industry rank for Destra Multi-Alternative Fund's PB Ratio or its related term are showing as below:
DMA'
s PB Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.72 Max: 0.92
Current: 0.83
During the past 5 years, Destra Multi-Alternative Fund's highest PB Ratio was 0.92. The lowest was 0.46. And the median was 0.72.
DMA's PB Ratio is ranked better than 71.2% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs DMA: 0.83
During the past 12 months, Destra Multi-Alternative Fund's average Book Value Per Share Growth Rate was -12.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.60% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Destra Multi-Alternative Fund was -4.80% per year. The lowest was -5.60% per year. And the median was -5.20% per year.
Back to Basics: PB Ratio
Destra Multi-Alternative Fund (NYSE:DMA) 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.
Destra Multi-Alternative Fund PB Ratio Related Terms
Destra Multi-Alternative Fund 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, Destra Multi-Alternative 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.
Destra Multi-Alternative Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's PB Ratio falls into.
Destra Multi-Alternative 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.
* 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.
Destra Multi-Alternative Fund (DMA) has a PB Ratio of 0.83 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 Destra Multi-Alternative Fund and its competitors. This is 15% above median its historical median of 0.72. Over the past decade, Destra Multi-Alternative Fund's PB Ratio has ranged from 0.46 to 0.92. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #462 out of 1604 companies in the Asset Management industry, placing it in the top 28.8%.
Is Destra Multi-Alternative Fund's PB Ratio too high?
Destra Multi-Alternative Fund's current PB Ratio of 0.83 is 15% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.92. The Asset Management industry median PB Ratio is 0.95. Destra Multi-Alternative Fund's value of 0.83 is 12.6% below this industry median. Based on the distribution chart, Destra Multi-Alternative Fund ranks #462 out of 1604 companies in the Asset Management industry, which is above the industry midpoint. Overall, Destra Multi-Alternative Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's PB Ratio compare to PGZ and CCIF?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #462 out of 1604 companies for PB Ratio. This puts Destra Multi-Alternative Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Destra Multi-Alternative Fund's value of 0.83 is 12.6% below this benchmark. Historically, Destra Multi-Alternative Fund's own PB Ratio has ranged from 0.46 to 0.92 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.95, Destra Multi-Alternative Fund has consistently been below 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. Destra Multi-Alternative Fund's current PB Ratio of 0.83 is 12.6% below 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 Destra Multi-Alternative 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. Destra Multi-Alternative Fund's current PB Ratio is 0.83, which is 15% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current PB Ratio of 0.83. The current PB Ratio is 0.83, which is 15% above median its 10-year median of 0.72 and 12.6% below the Asset Management industry median of 0.95. Destra Multi-Alternative Fund's overall GF Score™ is 34/100 with 1 warning sign 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 Destra Multi-Alternative Fund (DMA), the current PB Ratio is 0.83 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.
Destra Multi-Alternative Fund Business Description
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
34GF Score
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