What is Western Asset Invstm Grd Dfnd Opp Tr PB Ratio?
Western Asset Invstm Grd Dfnd Opp TrIGI -0.12%37 PB Ratio is 0.90 as of Jun. 24, 2026, which is 7% below its 10-year median of 0.97. GuruFocus rates IGI with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 1,606 Asset Management companies, Western Asset Invstm Grd Dfnd Opp Tr ranks better than 61.71% on this metric.
IGI's PB Ratio is ranked better than 61.71% of 1606
companies
in the Asset Management industry
Industry Median: 0.95
vs IGI: 0.90
During the past 12 months, Western Asset Invstm Grd Dfnd Opp Tr's average Book Value Per Share Growth Rate was 0.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Asset Invstm Grd Dfnd Opp Tr was 3.80% per year. The lowest was -8.20% per year. And the median was -2.80% per year.
Back to Basics: PB Ratio
Western Asset Invstm Grd Dfnd Opp Tr (NYSE:IGI) 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 Invstm Grd Dfnd Opp Tr PB Ratio Related Terms
Western Asset Invstm Grd Dfnd Opp Tr 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.
Western Asset Invstm Grd Dfnd Opp Tr PB Ratio Chart
For the Asset Management subindustry, Western Asset Invstm Grd Dfnd Opp Tr'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 Invstm Grd Dfnd Opp Tr PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Invstm Grd Dfnd Opp Tr's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset Invstm Grd Dfnd Opp Tr's PB Ratio falls into.
Western Asset Invstm Grd Dfnd Opp Tr 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 Invstm Grd Dfnd Opp Tr (IGI) has a PB Ratio of 0.90 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 Western Asset Invstm Grd Dfnd Opp Tr and its competitors. This is near median its historical median of 0.97. Over the past decade, Western Asset Invstm Grd Dfnd Opp Tr's PB Ratio has ranged from 0.71 to 1.14. According to the industry distribution chart, Western Asset Invstm Grd Dfnd Opp Tr ranks #615 out of 1606 companies in the Asset Management industry, placing it in the top 38.3%.
Is Western Asset Invstm Grd Dfnd Opp Tr's PB Ratio too high?
Western Asset Invstm Grd Dfnd Opp Tr's current PB Ratio of 0.90 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.14. The Asset Management industry median PB Ratio is 0.95. Western Asset Invstm Grd Dfnd Opp Tr's value of 0.90 is 5.3% below this industry median. Based on the distribution chart, Western Asset Invstm Grd Dfnd Opp Tr ranks #615 out of 1606 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Invstm Grd Dfnd Opp Tr has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Invstm Grd Dfnd Opp Tr's PB Ratio compare to OCCI and RMI?
According to the Asset Management industry distribution chart, Western Asset Invstm Grd Dfnd Opp Tr ranks #615 out of 1606 companies for PB Ratio. This puts Western Asset Invstm Grd Dfnd Opp Tr in the upper half of its industry. The industry median PB Ratio is 0.95. Western Asset Invstm Grd Dfnd Opp Tr's value of 0.90 is 5.3% below this benchmark. Historically, Western Asset Invstm Grd Dfnd Opp Tr's own PB Ratio has ranged from 0.71 to 1.14 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.95, Western Asset Invstm Grd Dfnd Opp Tr 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 1,606 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. Western Asset Invstm Grd Dfnd Opp Tr's current PB Ratio of 0.90 is 5.3% 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 Invstm Grd Dfnd Opp Tr 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 Invstm Grd Dfnd Opp Tr's current PB Ratio is 0.90, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Invstm Grd Dfnd Opp Tr stock overvalued right now?
Western Asset Invstm Grd Dfnd Opp Tr (IGI) has a current PB Ratio of 0.90. The current PB Ratio is 0.90, which is near median its 10-year median of 0.97 and 5.3% below the Asset Management industry median of 0.95. Western Asset Invstm Grd Dfnd Opp Tr's overall GF Score™ is 37/100 with 4 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 Invstm Grd Dfnd Opp Tr (IGI), the current PB Ratio is 0.90 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.
Western Asset Invstm Grd Dfnd Opp Tr Business Description
Western Asset Invstm Grd Dfnd Opp Tr Inc operates as a non-diversified closed-end management investment company. Its primary investment objective is to provide current income and then liquidate & distribute substantially all of the Fund's net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing at least 80% of its net assets in investment-grade corporate fixed-income securities of varying maturities.
37GF Score
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