FTRRF (Fonterra Shareholders Fund) PB Ratio: 0.87 (As of Jun. 26, 2026) — 12% Below Median


FTRRF Fonterra Shareholders Fund FTRRF
50 GF Score
Price $4.18
GF Value $4.51
Valuation Fairly Valued
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What is Fonterra Shareholders Fund PB Ratio?

Fonterra Shareholders Fund FTRRF 50 PB Ratio is 0.87 as of Jun. 26, 2026, which is 12% below its 10-year median of 0.99. GuruFocus rates FTRRF with a GF Score™ of 50/100 and a GF Value™ of $4.51 (Fairly Valued). Among 1,604 Asset Management companies, Fonterra Shareholders Fund ranks better than 66.4% 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 (2026-06-26), Fonterra Shareholders Fund's share price is $4.18. Fonterra Shareholders Fund's Book Value per Share for the quarter that ended in Jan. 2026 was $4.79. Hence, Fonterra Shareholders Fund's PB Ratio of today is 0.87.

Good Sign:

Fonterra Shareholders Fund stock PB Ratio (=0.89) is close to 3-year low of 0.84.

The historical rank and industry rank for Fonterra Shareholders Fund's PB Ratio or its related term are showing as below:

FTRRF' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.99   Max: 1.68
Current: 0.89

During the past 13 years, Fonterra Shareholders Fund's highest PB Ratio was 1.68. The lowest was 0.62. And the median was 0.99.

FTRRF's PB Ratio is ranked better than
66.4% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs FTRRF: 0.89

During the past 12 months, Fonterra Shareholders Fund's average Book Value Per Share Growth Rate was 64.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fonterra Shareholders Fund was 3.00% per year. The lowest was -14.20% per year. And the median was -7.20% per year.

Back to Basics: PB Ratio


Fonterra Shareholders Fund  (OTCPK:FTRRF) 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.


Fonterra Shareholders Fund PB Ratio Related Terms


Fonterra Shareholders Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Fonterra Shareholders 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.

Fonterra Shareholders Fund PB Ratio Chart

Fonterra Shareholders Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.28 1.09 1.01 0.00

Fonterra Shareholders Fund Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only 0.00 1.01 0.98 0.00 0.99

FTRRF vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Fonterra Shareholders 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.


Fonterra Shareholders Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fonterra Shareholders Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fonterra Shareholders Fund's PB Ratio falls into.


FTRRF
50GF Score
Fonterra Shareholders Fund FTRRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fonterra Shareholders 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.

Fonterra Shareholders Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=4.18/4.794
=0.87

* 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 0.87 mean?
Fonterra Shareholders Fund (FTRRF) has a PB Ratio of 0.87 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fonterra Shareholders Fund and its competitors. This is 12% below median its historical median of 0.99. Over the past decade, Fonterra Shareholders Fund's PB Ratio has ranged from 0.62 to 1.68. According to the industry distribution chart, Fonterra Shareholders Fund ranks #539 out of 1604 companies in the Asset Management industry, placing it in the top 33.6%.
Is Fonterra Shareholders Fund's PB Ratio too high?
Fonterra Shareholders Fund's current PB Ratio of 0.87 is 12% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.68. The Asset Management industry median PB Ratio is 0.95. Fonterra Shareholders Fund's value of 0.87 is 8.4% below this industry median. Based on the distribution chart, Fonterra Shareholders Fund ranks #539 out of 1604 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fonterra Shareholders Fund has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Shareholders Fund's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fonterra Shareholders Fund ranks #539 out of 1604 companies for PB Ratio. This puts Fonterra Shareholders Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Fonterra Shareholders Fund's value of 0.87 is 8.4% below this benchmark. Historically, Fonterra Shareholders Fund's own PB Ratio has ranged from 0.62 to 1.68 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.95, Fonterra Shareholders 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 1,604 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. Fonterra Shareholders Fund's current PB Ratio of 0.87 is 8.4% 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 Fonterra Shareholders 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. Fonterra Shareholders Fund's current PB Ratio is 0.87, which is 12% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Shareholders Fund stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Shareholders Fund (FTRRF) is currently considered Fairly Valued. The stock's GF Value™ is $4.51, compared to a current price of $4.18 — trading 7.3% below its estimated fair value. The current PB Ratio is 0.87, which is 12% below median its 10-year median of 0.99 and 8.4% below the Asset Management industry median of 0.95. Fonterra Shareholders Fund's overall GF Score™ is 50/100. 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 Fonterra Shareholders Fund (FTRRF), the current PB Ratio is 0.87 as of Jun. 26, 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 Fonterra Shareholders Fund (FTRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Shareholders Fund stock appears to be undervalued. The current stock price of $4.18 is trading 7.3% below its estimated GF Value™ of $4.51. GuruFocus considers Fonterra Shareholders Fund to be Fairly Valued.

Key valuation signals for FTRRF:

  • PB Ratio: 0.87 (12% below median its 10-year median of 0.99)
  • GF Value™: $4.51 vs. price of $4.18 (7.3% below fair value)
  • GF Score™: 50/100
  • Industry Position: 8.4% below the Asset Management median (#539 of 1604)

No single metric tells the full story. See the FTRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fonterra Shareholders Fund Business Description

Other Exchanges FSF:New ZealandF01:Germany
Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Shareholders Fund functions as a managed investment scheme that issues units to investors through which investors gain economic rights to Fonterra shares. The main purpose of the FSF is to allow public investors who are not milk-supplying farmers to invest indirectly in Fonterra's economic performance.
50GF Score

Get the complete analysis for FTRRF

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

$4.18
Price
$4.51
GF Value