DSM (BNY Mellon Strategic Municipal Bond Fund,) PB Ratio: 0.94 (As of Jun. 25, 2026) — Near Median


DSM BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
36 GF Score
Price $6.14
! 3 Warning Signs
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What is BNY Mellon Strategic Municipal Bond Fund, PB Ratio?

BNY Mellon Strategic Municipal Bond Fund, DSM -0.16% 36 PB Ratio is 0.94 as of Jun. 25, 2026, which is 3% above its 10-year median of 0.91. GuruFocus rates DSM with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 1,607 Asset Management companies, BNY Mellon Strategic Municipal Bond Fund, ranks better than 52.58% 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), BNY Mellon Strategic Municipal Bond Fund,'s share price is $6.14. BNY Mellon Strategic Municipal Bond Fund,'s Book Value per Share for the quarter that ended in Nov. 2025 was $6.55. Hence, BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio of today is 0.94.

Warning Sign:

BNY Mellon Strategic Municipal Bond Fund, Inc. stock PB Ratio (=0.94) is close to 5-year high of 1.03.

The historical rank and industry rank for BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio or its related term are showing as below:

DSM' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.91   Max: 1.1
Current: 0.94

During the past 9 years, BNY Mellon Strategic Municipal Bond Fund,'s highest PB Ratio was 1.10. The lowest was 0.63. And the median was 0.91.

DSM's PB Ratio is ranked better than
52.58% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs DSM: 0.94

During the past 12 months, BNY Mellon Strategic Municipal Bond Fund,'s average Book Value Per Share Growth Rate was -5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of BNY Mellon Strategic Municipal Bond Fund, was 2.00% per year. The lowest was -7.70% per year. And the median was -3.20% per year.

Back to Basics: PB Ratio


BNY Mellon Strategic Municipal Bond Fund,  (NYSE:DSM) 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.


BNY Mellon Strategic Municipal Bond Fund, PB Ratio Related Terms


BNY Mellon Strategic Municipal Bond Fund, PB Ratio Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipal Bond 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.

BNY Mellon Strategic Municipal Bond Fund, PB Ratio Chart

BNY Mellon Strategic Municipal Bond Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.98 0.90 0.84 0.89 0.90

BNY Mellon Strategic Municipal Bond Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.84 0.87 0.89 0.90 0.90

DSM vs TEI, NCZ, ARDC: PB Ratio Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipal Bond 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.


BNY Mellon Strategic Municipal Bond Fund, PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio falls into.


DSM
36GF Score
BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon Strategic Municipal Bond 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.

BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=6.14/6.551
=0.94

* 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 0.94 mean?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a PB Ratio of 0.94 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 BNY Mellon Strategic Municipal Bond Fund, and its competitors. This is near median its historical median of 0.91. Over the past decade, BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio has ranged from 0.63 to 1.10. According to the industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #762 out of 1607 companies in the Asset Management industry, placing it in the top 47.4%.
Is BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio too high?
BNY Mellon Strategic Municipal Bond Fund,'s current PB Ratio of 0.94 is near median its 10-year median of 0.91. 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. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.94 is 1.1% below this industry median. Based on the distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #762 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, BNY Mellon Strategic Municipal Bond Fund, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipal Bond Fund,'s PB Ratio compare to TEI and NCZ?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #762 out of 1607 companies for PB Ratio. This puts BNY Mellon Strategic Municipal Bond Fund, in the upper half of its industry. The industry median PB Ratio is 0.95. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.94 is 1.1% below this benchmark. Historically, BNY Mellon Strategic Municipal Bond Fund,'s own PB Ratio has ranged from 0.63 to 1.10 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, BNY Mellon Strategic Municipal Bond 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 1,607 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. BNY Mellon Strategic Municipal Bond Fund,'s current PB Ratio of 0.94 is 1.1% 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 BNY Mellon Strategic Municipal Bond 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. BNY Mellon Strategic Municipal Bond Fund,'s current PB Ratio is 0.94, which is near 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 BNY Mellon Strategic Municipal Bond Fund, stock overvalued right now?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a current PB Ratio of 0.94. The current PB Ratio is 0.94, which is near median its 10-year median of 0.91 and 1.1% below the Asset Management industry median of 0.95. BNY Mellon Strategic Municipal Bond Fund,'s overall GF Score™ is 36/100 with 3 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 BNY Mellon Strategic Municipal Bond Fund, (DSM), the current PB Ratio is 0.94 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.

BNY Mellon Strategic Municipal Bond Fund, Business Description

Address C/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipal Bond Fund, Inc. is a diversified closed-end management investment company. Its investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
36GF Score

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

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