What is Allspring Utilities and Highome Fund PB Ratio?
Allspring Utilities and Highome FundERH +0.92%33 PB Ratio is 0.86 as of Jun. 25, 2026, which is 10% below its 10-year median of 0.96. GuruFocus rates ERH with a GF Score™ of 33/100. The stock has 6 warning signs investors should review. Among 1,607 Asset Management companies, Allspring Utilities and Highome Fund ranks better than 67.21% on this metric.
ERH's PB Ratio is ranked better than 67.21% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs ERH: 0.87
During the past 12 months, Allspring Utilities and Highome Fund's average Book Value Per Share Growth Rate was 12.40% 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 -0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Allspring Utilities and Highome Fund was 5.60% per year. The lowest was -4.00% per year. And the median was 0.00% per year.
Back to Basics: PB Ratio
Allspring Utilities and Highome Fund (AMEX:ERH) 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.
Allspring Utilities and Highome Fund PB Ratio Related Terms
Allspring Utilities and Highome 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.
Allspring Utilities and Highome Fund PB Ratio Chart
For the Asset Management subindustry, Allspring Utilities and Highome 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.
Allspring Utilities and Highome Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Allspring Utilities and Highome Fund's PB Ratio falls into.
Allspring Utilities and Highome 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.
Allspring Utilities and Highome Fund (ERH) has a PB Ratio of 0.86 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 Allspring Utilities and Highome Fund and its competitors. This is 10% below median its historical median of 0.96. Over the past decade, Allspring Utilities and Highome Fund's PB Ratio has ranged from 0.72 to 1.22. According to the industry distribution chart, Allspring Utilities and Highome Fund ranks #527 out of 1607 companies in the Asset Management industry, placing it in the top 32.8%.
Is Allspring Utilities and Highome Fund's PB Ratio too high?
Allspring Utilities and Highome Fund's current PB Ratio of 0.86 is 10% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.22. The Asset Management industry median PB Ratio is 0.95. Allspring Utilities and Highome Fund's value of 0.86 is 9.5% below this industry median. Based on the distribution chart, Allspring Utilities and Highome Fund ranks #527 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Allspring Utilities and Highome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Allspring Utilities and Highome Fund's PB Ratio compare to PCF and PGP?
According to the Asset Management industry distribution chart, Allspring Utilities and Highome Fund ranks #527 out of 1607 companies for PB Ratio. This puts Allspring Utilities and Highome Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Allspring Utilities and Highome Fund's value of 0.86 is 9.5% below this benchmark. Historically, Allspring Utilities and Highome Fund's own PB Ratio has ranged from 0.72 to 1.22 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.95, Allspring Utilities and Highome 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. Allspring Utilities and Highome Fund's current PB Ratio of 0.86 is 9.5% 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 Allspring Utilities and Highome 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. Allspring Utilities and Highome Fund's current PB Ratio is 0.86, which is 10% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allspring Utilities and Highome Fund stock overvalued right now?
Allspring Utilities and Highome Fund (ERH) has a current PB Ratio of 0.86. The current PB Ratio is 0.86, which is 10% below median its 10-year median of 0.96 and 9.5% below the Asset Management industry median of 0.95. Allspring Utilities and Highome Fund's overall GF Score™ is 33/100 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 Allspring Utilities and Highome Fund (ERH), the current PB Ratio is 0.86 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.
Allspring Utilities and Highome Fund Business Description
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company allocates a majority of its total assets to a sleeve that places a focus on common, preferred, and convertible preferred stocks of utility companies and the rest of its total assets to a sleeve of U.S. dollar denominated below investment grade (high yield) debt.
33GF Score
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