The historical rank and industry rank for Platinum Asset Management's PB Ratio or its related term are showing as below:
FRA:PIJ'
s PB Ratio Range Over the Past 10 Years
Min: 1.29 Med: 7.4 Max: 15.22
Current: 1.82
During the past 13 years, Platinum Asset Management's highest PB Ratio was 15.22. The lowest was 1.29. And the median was 7.40.
FRA:PIJ's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.96
vs FRA:PIJ: 1.82
During the past 3 years, the average Book Value Per Share Growth Rate was -12.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Platinum Asset Management was 42.50% per year. The lowest was -12.30% per year. And the median was 0.90% per year.
Back to Basics: PB Ratio
Platinum Asset Management (FRA:PIJ) 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.
Platinum Asset Management PB Ratio Related Terms
Platinum Asset Management 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, Platinum Asset Management'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.
Platinum Asset Management PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Platinum Asset Management's PB Ratio distribution charts can be found below:
* The bar in red indicates where Platinum Asset Management's PB Ratio falls into.
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.
Platinum Asset Management (FRA:PIJ) has a PB Ratio of 1.78 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Platinum Asset Management and its competitors. This is 76% below median its historical median of 7.40. Over the past decade, Platinum Asset Management's PB Ratio has ranged from 1.29 to 15.22.
Is Platinum Asset Management's PB Ratio too high?
Platinum Asset Management's current PB Ratio of 1.78 is 76% below median its 10-year median of 7.40. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 15.22. The Asset Management industry median PB Ratio is 0.96. Platinum Asset Management's value of 1.78 is 85.4% above this industry median. Overall, Platinum Asset Management has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Asset Management's PB Ratio compare to ETV and RQI?
Platinum Asset Management's PB Ratio of 1.78 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.96. Platinum Asset Management's value of 1.78 is 85.4% above this benchmark. Historically, Platinum Asset Management's own PB Ratio has ranged from 1.29 to 15.22 over the past decade. While the company's 10-year median is 7.40 vs. the industry median of 0.96, Platinum Asset Management has consistently been above 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 0.96, based on 1,599 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. Platinum Asset Management's current PB Ratio of 1.78 is 85.4% above 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 Platinum Asset Management and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Asset Management's current PB Ratio is 1.78, which is 76% below median its own 10-year median of 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Asset Management stock overvalued right now?
Platinum Asset Management (FRA:PIJ) has a current PB Ratio of 1.78. The stock's GF Value™ is €0.37, compared to a current price of €0.38 — trading 3.2% above its estimated fair value. The current PB Ratio is 1.78, which is 76% below median its 10-year median of 7.40 and 85.4% above the Asset Management industry median of 0.96. Platinum Asset Management's overall GF Score™ is 12/100 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 Platinum Asset Management (FRA:PIJ), the current PB Ratio is 1.78 as of Jul. 01, 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 Platinum Asset Management (FRA:PIJ) Overvalued in 2026?
Based on GuruFocus' analysis, Platinum Asset Management stock appears to be overvalued.
The current stock price of €0.38 is trading 3.2% above its estimated GF Value™ of €0.37.
Key valuation signals for FRA:PIJ:
PB Ratio: 1.78 (76% below median its 10-year median of 7.40)
GF Value™: €0.37 vs. price of €0.38 (3.2% above fair value)
Industry Position: 85.4% above the Asset Management median
No single metric tells the full story. See the FRA:PIJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L1 Group was formed through the strategic merger of two Australian investment management firms: Platinum Asset Management, a Sydney-based international equities manager founded in 1994, and L1 Capital, a Melbourne-based boutique founded in 2007 with diversified capabilities across equities, alternatives, and property investments. The combined entity serves a diverse client base encompassing institutional investors, wholesale clients, high-net-worth individuals, and retail investors across both domestic and international markets. The firm has approximately AUD 17 billion in funds under management as of June 2025.
12GF Score
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