Gladstone InvestmentGAINM.PFD 58 PB Ratio is 1.14 as of Jul. 01, 2026, which is 13% above its 10-year median of 1.01. GuruFocus rates GAINM.PFD with a GF Score™ of 58/100. The stock has 7 warning signs investors should review. Among 1,599 Asset Management companies, Gladstone Investment ranks better than 59.66% on this metric.
Gladstone Investment Corp stock PB Ratio (=0.92) is close to 5-year low of 0.86.
The historical rank and industry rank for Gladstone Investment's PB Ratio or its related term are showing as below:
GAINM.PFD'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.01 Max: 1.29
Current: 0.92
During the past 13 years, Gladstone Investment's highest PB Ratio was 1.29. The lowest was 0.62. And the median was 1.01.
GAINM.PFD's PB Ratio is ranked better than 59.66% of 1599
companies
in the Asset Management industry
Industry Median: 0.96
vs GAINM.PFD: 0.92
During the past 12 months, Gladstone Investment's average Book Value Per Share Growth Rate was 23.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gladstone Investment was 10.40% per year. The lowest was -13.40% per year. And the median was 1.70% per year.
Back to Basics: PB Ratio
Gladstone Investment (NAS:GAINM.PFD) 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.
Gladstone Investment PB Ratio Related Terms
Gladstone Investment PB Ratio Historical Data
* Premium members only.
The historical data trend for Gladstone Investment'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.
For the Asset Management subindustry, Gladstone Investment'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.
Gladstone Investment PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Gladstone Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gladstone Investment'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.
Gladstone Investment (GAINM.PFD) has a PB Ratio of 1.14 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 Gladstone Investment and its competitors. This is 13% above median its historical median of 1.01. Over the past decade, Gladstone Investment's PB Ratio has ranged from 0.62 to 1.29. According to the industry distribution chart, Gladstone Investment ranks #645 out of 1599 companies in the Asset Management industry, placing it in the top 40.3%.
Is Gladstone Investment's PB Ratio too high?
Gladstone Investment's current PB Ratio of 1.14 is 13% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.29. The Asset Management industry median PB Ratio is 0.96. Gladstone Investment's value of 1.14 is 18.8% above this industry median. Based on the distribution chart, Gladstone Investment ranks #645 out of 1599 companies in the Asset Management industry, which is above the industry midpoint. Overall, Gladstone Investment has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Gladstone Investment's PB Ratio compare to LDP and NMCO?
According to the Asset Management industry distribution chart, Gladstone Investment ranks #645 out of 1599 companies for PB Ratio. This puts Gladstone Investment in the upper half of its industry. The industry median PB Ratio is 0.96. Gladstone Investment's value of 1.14 is 18.8% above this benchmark. Historically, Gladstone Investment's own PB Ratio has ranged from 0.62 to 1.29 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.96, Gladstone Investment 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. Gladstone Investment's current PB Ratio of 1.14 is 18.8% 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 Gladstone Investment 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. Gladstone Investment's current PB Ratio is 1.14, which is 13% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Investment stock overvalued right now?
Gladstone Investment (GAINM.PFD) has a current PB Ratio of 1.14. The current PB Ratio is 1.14, which is 13% above median its 10-year median of 1.01 and 18.8% above the Asset Management industry median of 0.96. Gladstone Investment's overall GF Score™ is 58/100 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 Gladstone Investment (GAINM.PFD), the current PB Ratio is 1.14 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.
Gladstone Investment Corp operates as an externally managed, closed-end, non-diversified management investment company. Its objective is to invest in debt and equity securities of established private businesses operating in the U.S., to achieve and grow current income by investing in debt securities of established businesses, and to provide stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses. It focuses on investing in lower-middle-market private businesses.
58GF Score
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