GRF (Eagle Capital Growth Fund) PB Ratio: 0.85 (As of Jun. 25, 2026) — Near Median


GRF Eagle Capital Growth Fund Inc GRF
57 GF Score
Price $10.19
GF Value $9.98
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Eagle Capital Growth Fund PB Ratio?

Eagle Capital Growth Fund GRF +1.90% 57 PB Ratio is 0.85 as of Jun. 25, 2026, which is 2% below its 10-year median of 0.87. GuruFocus rates GRF with a GF Score™ of 57/100 and a GF Value™ of $9.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,607 Asset Management companies, Eagle Capital Growth Fund ranks better than 69.38% 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 (2026-06-25), Eagle Capital Growth Fund's share price is $10.19. Eagle Capital Growth Fund's Book Value per Share for the quarter that ended in Dec. 2025 was $11.96. Hence, Eagle Capital Growth Fund's PB Ratio of today is 0.85.

Good Sign:

Eagle Capital Growth Fund Inc stock PB Ratio (=0.84) is close to 5-year low of 0.77.

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

GRF' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.87   Max: 1.05
Current: 0.85

During the past 13 years, Eagle Capital Growth Fund's highest PB Ratio was 1.05. The lowest was 0.59. And the median was 0.87.

GRF's PB Ratio is ranked better than
69.38% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs GRF: 0.85

During the past 12 months, Eagle Capital Growth Fund's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eagle Capital Growth Fund was 9.80% per year. The lowest was -1.70% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Eagle Capital Growth Fund  (AMEX:GRF) 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.


Eagle Capital Growth Fund PB Ratio Related Terms


Eagle Capital Growth Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Eagle Capital Growth 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.

Eagle Capital Growth Fund PB Ratio Chart

Eagle Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.86 0.87 0.85 0.90

Eagle Capital Growth Fund Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.87 0.81 0.85 0.82 0.90

GRF vs FCO, MLCI, HERZ: PB Ratio Comparison

For the Asset Management subindustry, Eagle Capital Growth 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.


Eagle Capital Growth Fund PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Eagle Capital Growth Fund's PB Ratio falls into.


GRF
57GF Score
Eagle Capital Growth Fund Inc GRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eagle Capital Growth 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.

Eagle Capital Growth Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=10.19/11.955
=0.85

* 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 0.85 mean?
Eagle Capital Growth Fund (GRF) has a PB Ratio of 0.85 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eagle Capital Growth Fund and its competitors. This is near median its historical median of 0.87. Over the past decade, Eagle Capital Growth Fund's PB Ratio has ranged from 0.59 to 1.05. According to the industry distribution chart, Eagle Capital Growth Fund ranks #492 out of 1607 companies in the Asset Management industry, placing it in the top 30.6%.
Is Eagle Capital Growth Fund's PB Ratio too high?
Eagle Capital Growth Fund's current PB Ratio of 0.85 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.05. The Asset Management industry median PB Ratio is 0.95. Eagle Capital Growth Fund's value of 0.85 is 10.5% below this industry median. Based on the distribution chart, Eagle Capital Growth Fund ranks #492 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eagle Capital Growth Fund has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Capital Growth Fund's PB Ratio compare to FCO and MLCI?
According to the Asset Management industry distribution chart, Eagle Capital Growth Fund ranks #492 out of 1607 companies for PB Ratio. This puts Eagle Capital Growth Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Eagle Capital Growth Fund's value of 0.85 is 10.5% below this benchmark. Historically, Eagle Capital Growth Fund's own PB Ratio has ranged from 0.59 to 1.05 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.95, Eagle Capital Growth 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 1,607 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. Eagle Capital Growth Fund's current PB Ratio of 0.85 is 10.5% 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 Eagle Capital Growth 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. Eagle Capital Growth Fund's current PB Ratio is 0.85, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Capital Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Eagle Capital Growth Fund (GRF) is currently considered Fairly Valued. The stock's GF Value™ is $9.98, compared to a current price of $10.19 — trading 2.1% above its estimated fair value. The current PB Ratio is 0.85, which is near median its 10-year median of 0.87 and 10.5% below the Asset Management industry median of 0.95. Eagle Capital Growth Fund's overall GF Score™ is 57/100 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 Eagle Capital Growth Fund (GRF), the current PB Ratio is 0.85 as of Jun. 25, 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 Eagle Capital Growth Fund (GRF) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Capital Growth Fund stock appears to be overvalued. The current stock price of $10.19 is trading 2.1% above its estimated GF Value™ of $9.98. GuruFocus considers Eagle Capital Growth Fund to be Fairly Valued.

Key valuation signals for GRF:

  • PB Ratio: 0.85 (near median its 10-year median of 0.87)
  • GF Value™: $9.98 vs. price of $10.19 (2.1% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 10.5% below the Asset Management median (#492 of 1607)

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


Eagle Capital Growth Fund Business Description

Address 225 East Mason Street, Suite 802, Milwaukee, WI, USA, 53202
Eagle Capital Growth Fund Inc is a diversified closed-end investment company. The Fund's objective is long-term growth utilizing the concept of total return for selecting investments. It seeks to achieve its investment objectives by investing predominantly in U.S. issuer common stock, giving preference to high-quality companies, where high quality denotes substantial operating income margins, high returns on capital, and robust balance sheets.
57GF Score

Get the complete analysis for GRF

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

$10.19
Price
$9.98
GF Value