GNT (GAMCO Natural Resources, Gold &ome Trust) PB Ratio: 0.97 (As of Jun. 24, 2026) — Near Median


GNT GAMCO Natural Resources, Gold & Income Trust GNT
64 GF Score
Price $8.08
GF Value $25.87
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is GAMCO Natural Resources, Gold &ome Trust PB Ratio?

GAMCO Natural Resources, Gold &ome Trust GNT -1.94% 64 PB Ratio is 0.97 as of Jun. 24, 2026, which is 9% above its 10-year median of 0.89. GuruFocus rates GNT with a GF Score™ of 64/100 and a GF Value™ of $25.87 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,606 Asset Management companies, GAMCO Natural Resources, Gold &ome Trust ranks worse than 57.16% 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 (2026-06-24), GAMCO Natural Resources, Gold &ome Trust's share price is $8.08. GAMCO Natural Resources, Gold &ome Trust's Book Value per Share for the quarter that ended in Dec. 2025 was $8.29. Hence, GAMCO Natural Resources, Gold &ome Trust's PB Ratio of today is 0.97.

Good Sign:

GAMCO Natural Resources, Gold & Income Trust stock PB Ratio (=0.99) is close to 1-year low of 0.9.

The historical rank and industry rank for GAMCO Natural Resources, Gold &ome Trust's PB Ratio or its related term are showing as below:

GNT' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.89   Max: 1.31
Current: 0.97

During the past 9 years, GAMCO Natural Resources, Gold &ome Trust's highest PB Ratio was 1.31. The lowest was 0.50. And the median was 0.89.

GNT's PB Ratio is ranked worse than
57.16% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs GNT: 0.97

During the past 12 months, GAMCO Natural Resources, Gold &ome Trust's average Book Value Per Share Growth Rate was 37.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of GAMCO Natural Resources, Gold &ome Trust was 11.70% per year. The lowest was -5.90% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


GAMCO Natural Resources, Gold &ome Trust  (NYSE:GNT) 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.


GAMCO Natural Resources, Gold &ome Trust PB Ratio Related Terms


GAMCO Natural Resources, Gold &ome Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for GAMCO Natural Resources, Gold &ome Trust'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.

GAMCO Natural Resources, Gold &ome Trust PB Ratio Chart

GAMCO Natural Resources, Gold &ome Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.89 0.86 0.83 0.88 0.90

GAMCO Natural Resources, Gold &ome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.83 0.88 0.88 0.89 0.90

GNT vs GRX, JHS, IHD: PB Ratio Comparison

For the Asset Management subindustry, GAMCO Natural Resources, Gold &ome Trust'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.


GAMCO Natural Resources, Gold &ome Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Natural Resources, Gold &ome Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where GAMCO Natural Resources, Gold &ome Trust's PB Ratio falls into.


GNT
64GF Score
GAMCO Natural Resources, Gold & Income Trust GNT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GAMCO Natural Resources, Gold &ome Trust 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.

GAMCO Natural Resources, Gold &ome Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.08/8.294
=0.97

* 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 0.97 mean?
GAMCO Natural Resources, Gold &ome Trust (GNT) has a PB Ratio of 0.97 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 GAMCO Natural Resources, Gold &ome Trust and its competitors. This is near median its historical median of 0.89. Over the past decade, GAMCO Natural Resources, Gold &ome Trust's PB Ratio has ranged from 0.50 to 1.31. According to the industry distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #918 out of 1606 companies in the Asset Management industry, placing it in the top 57.2%.
Is GAMCO Natural Resources, Gold &ome Trust's PB Ratio too high?
GAMCO Natural Resources, Gold &ome Trust's current PB Ratio of 0.97 is near median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.31. The Asset Management industry median PB Ratio is 0.95. GAMCO Natural Resources, Gold &ome Trust's value of 0.97 is 2.1% above this industry median. Based on the distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #918 out of 1606 companies in the Asset Management industry, which is below the industry midpoint. Overall, GAMCO Natural Resources, Gold &ome Trust has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GAMCO Natural Resources, Gold &ome Trust's PB Ratio compare to GRX and JHS?
According to the Asset Management industry distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #918 out of 1606 companies for PB Ratio. This places GAMCO Natural Resources, Gold &ome Trust in the lower half of its industry. The industry median PB Ratio is 0.95. GAMCO Natural Resources, Gold &ome Trust's value of 0.97 is 2.1% above this benchmark. Historically, GAMCO Natural Resources, Gold &ome Trust's own PB Ratio has ranged from 0.50 to 1.31 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.95, GAMCO Natural Resources, Gold &ome Trust 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 0.95, 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. GAMCO Natural Resources, Gold &ome Trust's current PB Ratio of 0.97 is 2.1% 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 GAMCO Natural Resources, Gold &ome Trust 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. GAMCO Natural Resources, Gold &ome Trust's current PB Ratio is 0.97, which is near median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAMCO Natural Resources, Gold &ome Trust stock overvalued right now?
Based on GuruFocus' analysis, GAMCO Natural Resources, Gold &ome Trust (GNT) is currently considered Possible Value Trap. The stock's GF Value™ is $25.87, compared to a current price of $8.08 — trading 68.8% below its estimated fair value. The current PB Ratio is 0.97, which is near median its 10-year median of 0.89 and 2.1% above the Asset Management industry median of 0.95. GAMCO Natural Resources, Gold &ome Trust's overall GF Score™ is 64/100 with 2 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 GAMCO Natural Resources, Gold &ome Trust (GNT), the current PB Ratio is 0.97 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 GAMCO Natural Resources, Gold &ome Trust (GNT) Overvalued in 2026?

Based on GuruFocus' analysis, GAMCO Natural Resources, Gold &ome Trust stock appears to be undervalued. The current stock price of $8.08 is trading 68.8% below its estimated GF Value™ of $25.87. GuruFocus considers GAMCO Natural Resources, Gold &ome Trust to be Possible Value Trap.

Key valuation signals for GNT:

  • PB Ratio: 0.97 (near median its 10-year median of 0.89)
  • GF Value™: $25.87 vs. price of $8.08 (68.8% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 2.1% above the Asset Management median (#918 of 1606)

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


GAMCO Natural Resources, Gold &ome Trust Business Description

Other Exchanges GNTpA.PFD:USA
Address One Corporate Center, Rye, NY, USA, 10580-1422
GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.
64GF Score

Get the complete analysis for GNT

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

$8.08
Price
$25.87
GF Value