DTF Tax-Freeome 2028 Term FundDTF +0.17%37 PB Ratio is 0.95 as of Jun. 29, 2026, which is 4% above its 10-year median of 0.91. GuruFocus rates DTF with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 1,600 Asset Management companies, DTF Tax-Freeome 2028 Term Fund ranks better than 50.81% on this metric.
DTF Tax-Free Income 2028 Term Fund Inc stock PB Ratio (=0.95) is close to 10-year high of 0.99.
The historical rank and industry rank for DTF Tax-Freeome 2028 Term Fund's PB Ratio or its related term are showing as below:
DTF'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.91 Max: 0.99
Current: 0.95
During the past 9 years, DTF Tax-Freeome 2028 Term Fund's highest PB Ratio was 0.99. The lowest was 0.69. And the median was 0.91.
DTF's PB Ratio is ranked better than 50.81% of 1600
companies
in the Asset Management industry
Industry Median: 0.95
vs DTF: 0.95
During the past 12 months, DTF Tax-Freeome 2028 Term Fund's average Book Value Per Share Growth Rate was -0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.80% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of DTF Tax-Freeome 2028 Term Fund was 2.40% per year. The lowest was -8.80% per year. And the median was -3.95% per year.
Back to Basics: PB Ratio
DTF Tax-Freeome 2028 Term Fund (NYSE:DTF) 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.
DTF Tax-Freeome 2028 Term Fund PB Ratio Related Terms
DTF Tax-Freeome 2028 Term 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, DTF Tax-Freeome 2028 Term 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.
DTF Tax-Freeome 2028 Term Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's PB Ratio falls into.
DTF Tax-Freeome 2028 Term 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.
DTF Tax-Freeome 2028 Term Fund (DTF) has a PB Ratio of 0.95 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. This is near median its historical median of 0.91. Over the past decade, DTF Tax-Freeome 2028 Term Fund's PB Ratio has ranged from 0.69 to 0.99. According to the industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #787 out of 1600 companies in the Asset Management industry, placing it in the top 49.2%.
Is DTF Tax-Freeome 2028 Term Fund's PB Ratio too high?
DTF Tax-Freeome 2028 Term Fund's current PB Ratio of 0.95 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 0.99. The Asset Management industry median PB Ratio is 0.95. DTF Tax-Freeome 2028 Term Fund's value of 0.95 is 0% at this industry median. Based on the distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #787 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, DTF Tax-Freeome 2028 Term Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does DTF Tax-Freeome 2028 Term Fund's PB Ratio compare to GLV and GDO?
According to the Asset Management industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #787 out of 1600 companies for PB Ratio. This puts DTF Tax-Freeome 2028 Term Fund in the upper half of its industry. The industry median PB Ratio is 0.95. DTF Tax-Freeome 2028 Term Fund's value of 0.95 is 0% at this benchmark. Historically, DTF Tax-Freeome 2028 Term Fund's own PB Ratio has ranged from 0.69 to 0.99 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, DTF Tax-Freeome 2028 Term Fund has consistently been at 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 1,600 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. DTF Tax-Freeome 2028 Term Fund's current PB Ratio of 0.95 is 0% at 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 DTF Tax-Freeome 2028 Term 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. DTF Tax-Freeome 2028 Term Fund's current PB Ratio is 0.95, 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 DTF Tax-Freeome 2028 Term Fund stock overvalued right now?
DTF Tax-Freeome 2028 Term Fund (DTF) has a current PB Ratio of 0.95. The current PB Ratio is 0.95, which is near median its 10-year median of 0.91 and 0% at the Asset Management industry median of 0.95. DTF Tax-Freeome 2028 Term Fund's overall GF Score™ is 37/100 with 7 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 DTF Tax-Freeome 2028 Term Fund (DTF), the current PB Ratio is 0.95 as of Jun. 29, 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.
DTF Tax-Freeome 2028 Term Fund Business Description
DTF Tax-Free Income 2028 Term Fund Inc is a diversified closed-end management investment company. The Fund's investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. It seeks to achieve its investment objective by investing mainly in a diversified portfolio of investment-grade tax-exempt obligations.
37GF Score
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