Western Asset Highome Oppor FdHIO 57 PB Ratio is 0.92 as of Jun. 25, 2026, which is 1% above its 10-year median of 0.91. GuruFocus rates HIO with a GF Score™ of 57/100 and a GF Value™ of $3.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,607 Asset Management companies, Western Asset Highome Oppor Fd ranks better than 57.56% on this metric.
Western Asset High Income Oppor Fd Inc stock PB Ratio (=0.92) is close to 10-year high of 1.01.
The historical rank and industry rank for Western Asset Highome Oppor Fd's PB Ratio or its related term are showing as below:
HIO'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.91 Max: 1.01
Current: 0.92
During the past 9 years, Western Asset Highome Oppor Fd's highest PB Ratio was 1.01. The lowest was 0.63. And the median was 0.91.
HIO's PB Ratio is ranked better than 57.56% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs HIO: 0.92
During the past 12 months, Western Asset Highome Oppor Fd's average Book Value Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.70% per year.
Back to Basics: PB Ratio
Western Asset Highome Oppor Fd (NYSE:HIO) 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.
Western Asset Highome Oppor Fd PB Ratio Related Terms
Western Asset Highome Oppor Fd 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, Western Asset Highome Oppor Fd'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.
Western Asset Highome Oppor Fd PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset Highome Oppor Fd's PB Ratio falls into.
Western Asset Highome Oppor Fd 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.
* 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.
Western Asset Highome Oppor Fd (HIO) has a PB Ratio of 0.92 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 Western Asset Highome Oppor Fd and its competitors. This is near median its historical median of 0.91. Over the past decade, Western Asset Highome Oppor Fd's PB Ratio has ranged from 0.63 to 1.01. According to the industry distribution chart, Western Asset Highome Oppor Fd ranks #682 out of 1607 companies in the Asset Management industry, placing it in the top 42.4%.
Is Western Asset Highome Oppor Fd's PB Ratio too high?
Western Asset Highome Oppor Fd's current PB Ratio of 0.92 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.01. The Asset Management industry median PB Ratio is 0.95. Western Asset Highome Oppor Fd's value of 0.92 is 3.2% below this industry median. Based on the distribution chart, Western Asset Highome Oppor Fd ranks #682 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Highome Oppor Fd has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Oppor Fd's PB Ratio compare to EMF and MIY?
According to the Asset Management industry distribution chart, Western Asset Highome Oppor Fd ranks #682 out of 1607 companies for PB Ratio. This puts Western Asset Highome Oppor Fd in the upper half of its industry. The industry median PB Ratio is 0.95. Western Asset Highome Oppor Fd's value of 0.92 is 3.2% below this benchmark. Historically, Western Asset Highome Oppor Fd's own PB Ratio has ranged from 0.63 to 1.01 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, Western Asset Highome Oppor Fd 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. Western Asset Highome Oppor Fd's current PB Ratio of 0.92 is 3.2% 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 Western Asset Highome Oppor Fd 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. Western Asset Highome Oppor Fd's current PB Ratio is 0.92, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Highome Oppor Fd stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Highome Oppor Fd (HIO) is currently considered Fairly Valued. The stock's GF Value™ is $3.73, compared to a current price of $3.60 — trading 3.5% below its estimated fair value. The current PB Ratio is 0.92, which is near median its 10-year median of 0.91 and 3.2% below the Asset Management industry median of 0.95. Western Asset Highome Oppor Fd's overall GF Score™ is 57/100 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 Western Asset Highome Oppor Fd (HIO), the current PB Ratio is 0.92 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 Western Asset Highome Oppor Fd (HIO) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Highome Oppor Fd stock appears to be undervalued.
The current stock price of $3.60 is trading 3.5% below its estimated GF Value™ of $3.73.
GuruFocus considers Western Asset Highome Oppor Fd to be Fairly Valued.
Key valuation signals for HIO:
PB Ratio: 0.92 (near median its 10-year median of 0.91)
GF Value™: $3.73 vs. price of $3.60 (3.5% below fair value)
Industry Position: 3.2% below the Asset Management median (#682 of 1607)
No single metric tells the full story. See the HIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Highome Oppor Fd Business Description
Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company. The company's primary objective is to seek high current income and the secondary objective is capital appreciation. It invests a majority of its net assets in high-yield corporate debt securities and the rest in common stock equivalents, including options, warrants, and rights. The company invests in securities of companies from various sectors such as energy, technology, utilities, industrials, communications, finance, and capital goods among others.
57GF Score
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