Blackrock Floating Rate Stra FdFRA -0.46%37 PB Ratio is 0.90 as of Jun. 24, 2026, which is 3% below its 10-year median of 0.93. GuruFocus rates FRA with a GF Score™ of 37/100 and a GF Value™ of $6.82 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,606 Asset Management companies, Blackrock Floating Rate Stra Fd ranks better than 61.71% on this metric.
The historical rank and industry rank for Blackrock Floating Rate Stra Fd's PB Ratio or its related term are showing as below:
FRA'
s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.93 Max: 1.08
Current: 0.9
During the past 9 years, Blackrock Floating Rate Stra Fd's highest PB Ratio was 1.08. The lowest was 0.59. And the median was 0.93.
FRA's PB Ratio is ranked better than 61.71% of 1606
companies
in the Asset Management industry
Industry Median: 0.95
vs FRA: 0.90
During the past 12 months, Blackrock Floating Rate Stra Fd's average Book Value Per Share Growth Rate was -6.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackrock Floating Rate Stra Fd was -1.30% per year. The lowest was -4.00% per year. And the median was -2.45% per year.
Back to Basics: PB Ratio
Blackrock Floating Rate Stra Fd (NYSE:FRA) 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.
Blackrock Floating Rate Stra Fd PB Ratio Related Terms
Blackrock Floating Rate Stra Fd 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, Blackrock Floating Rate Stra Fd'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.
Blackrock Floating Rate Stra Fd PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Floating Rate Stra Fd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Blackrock Floating Rate Stra Fd's PB Ratio falls into.
Blackrock Floating Rate Stra Fd 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.
Blackrock Floating Rate Stra Fd (FRA) has a PB Ratio of 0.90 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blackrock Floating Rate Stra Fd and its competitors. This is near median its historical median of 0.93. Over the past decade, Blackrock Floating Rate Stra Fd's PB Ratio has ranged from 0.59 to 1.08. According to the industry distribution chart, Blackrock Floating Rate Stra Fd ranks #615 out of 1606 companies in the Asset Management industry, placing it in the top 38.3%.
Is Blackrock Floating Rate Stra Fd's PB Ratio too high?
Blackrock Floating Rate Stra Fd's current PB Ratio of 0.90 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.08. The Asset Management industry median PB Ratio is 0.95. Blackrock Floating Rate Stra Fd's value of 0.90 is 5.3% below this industry median. Based on the distribution chart, Blackrock Floating Rate Stra Fd ranks #615 out of 1606 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackrock Floating Rate Stra Fd has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Floating Rate Stra Fd's PB Ratio compare to BGR and NCV?
According to the Asset Management industry distribution chart, Blackrock Floating Rate Stra Fd ranks #615 out of 1606 companies for PB Ratio. This puts Blackrock Floating Rate Stra Fd in the upper half of its industry. The industry median PB Ratio is 0.95. Blackrock Floating Rate Stra Fd's value of 0.90 is 5.3% below this benchmark. Historically, Blackrock Floating Rate Stra Fd's own PB Ratio has ranged from 0.59 to 1.08 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.95, Blackrock Floating Rate Stra Fd 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 1,606 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. Blackrock Floating Rate Stra Fd's current PB Ratio of 0.90 is 5.3% 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 Blackrock Floating Rate Stra Fd 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. Blackrock Floating Rate Stra Fd's current PB Ratio is 0.90, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Floating Rate Stra Fd stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Floating Rate Stra Fd (FRA) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.82, compared to a current price of $10.84 — trading 58.9% above its estimated fair value. The current PB Ratio is 0.90, which is near median its 10-year median of 0.93 and 5.3% below the Asset Management industry median of 0.95. Blackrock Floating Rate Stra Fd's overall GF Score™ is 37/100 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 Blackrock Floating Rate Stra Fd (FRA), the current PB Ratio is 0.90 as of Jun. 24, 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.
Is Blackrock Floating Rate Stra Fd (FRA) Overvalued in 2026?
Based on GuruFocus' analysis, Blackrock Floating Rate Stra Fd stock appears to be overvalued.
The current stock price of $10.84 is trading 58.9% above its estimated GF Value™ of $6.82.
GuruFocus considers Blackrock Floating Rate Stra Fd to be Significantly Overvalued.
Key valuation signals for FRA:
PB Ratio: 0.90 (near median its 10-year median of 0.93)
GF Value™: $6.82 vs. price of $10.84 (58.9% above fair value)
Industry Position: 5.3% below the Asset Management median (#615 of 1606)
No single metric tells the full story. See the FRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackrock Floating Rate Stra Fd Business Description
Blackrock Floating Rate Inc Stra Fd Inc is a closed-end management investment company. Its investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting of floating rate debt securities and instruments. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates (such as the last day of a month or calendar quarter).
37GF Score
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