Lazard Global Total Return & FdLGI +0.50%54 PB Ratio is 0.99 as of Jun. 25, 2026, which is 6% above its 10-year median of 0.93. GuruFocus rates LGI with a GF Score™ of 54/100 and a GF Value™ of $22.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,607 Asset Management companies, Lazard Global Total Return & Fd ranks worse than 57.37% on this metric.
Lazard Global Total Return & Inc Fd Inc stock PB Ratio (=0.98) is close to 3-year high of 1.06.
The historical rank and industry rank for Lazard Global Total Return & Fd's PB Ratio or its related term are showing as below:
LGI'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.93 Max: 1.12
Current: 0.99
During the past 9 years, Lazard Global Total Return & Fd's highest PB Ratio was 1.12. The lowest was 0.57. And the median was 0.93.
LGI's PB Ratio is ranked worse than 57.37% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs LGI: 0.99
During the past 12 months, Lazard Global Total Return & Fd's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Lazard Global Total Return & Fd was 12.00% per year. The lowest was -6.30% per year. And the median was -1.60% per year.
Back to Basics: PB Ratio
Lazard Global Total Return & Fd (NYSE:LGI) 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.
Lazard Global Total Return & Fd PB Ratio Related Terms
Lazard Global Total Return & 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, Lazard Global Total Return & 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.
Lazard Global Total Return & Fd PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lazard Global Total Return & Fd's PB Ratio falls into.
Lazard Global Total Return & 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.
Lazard Global Total Return & Fd (LGI) has a PB Ratio of 0.99 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 Lazard Global Total Return & Fd and its competitors. This is near median its historical median of 0.93. Over the past decade, Lazard Global Total Return & Fd's PB Ratio has ranged from 0.57 to 1.12. According to the industry distribution chart, Lazard Global Total Return & Fd ranks #922 out of 1607 companies in the Asset Management industry, placing it in the top 57.4%.
Is Lazard Global Total Return & Fd's PB Ratio too high?
Lazard Global Total Return & Fd's current PB Ratio of 0.99 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.12. The Asset Management industry median PB Ratio is 0.95. Lazard Global Total Return & Fd's value of 0.99 is 4.2% above this industry median. Based on the distribution chart, Lazard Global Total Return & Fd ranks #922 out of 1607 companies in the Asset Management industry, which is below the industry midpoint. Overall, Lazard Global Total Return & Fd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard Global Total Return & Fd's PB Ratio compare to SABA and JRS?
According to the Asset Management industry distribution chart, Lazard Global Total Return & Fd ranks #922 out of 1607 companies for PB Ratio. This places Lazard Global Total Return & Fd in the lower half of its industry. The industry median PB Ratio is 0.95. Lazard Global Total Return & Fd's value of 0.99 is 4.2% above this benchmark. Historically, Lazard Global Total Return & Fd's own PB Ratio has ranged from 0.57 to 1.12 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.95, Lazard Global Total Return & Fd 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 1,607 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. Lazard Global Total Return & Fd's current PB Ratio of 0.99 is 4.2% 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 Lazard Global Total Return & 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. Lazard Global Total Return & Fd's current PB Ratio is 0.99, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Global Total Return & Fd stock overvalued right now?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd (LGI) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.01, compared to a current price of $18.11 — trading 17.7% below its estimated fair value. The current PB Ratio is 0.99, which is near median its 10-year median of 0.93 and 4.2% above the Asset Management industry median of 0.95. Lazard Global Total Return & Fd's overall GF Score™ is 54/100 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 Lazard Global Total Return & Fd (LGI), the current PB Ratio is 0.99 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 Lazard Global Total Return & Fd (LGI) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd stock appears to be undervalued.
The current stock price of $18.11 is trading 17.7% below its estimated GF Value™ of $22.01.
GuruFocus considers Lazard Global Total Return & Fd to be Modestly Undervalued.
Key valuation signals for LGI:
PB Ratio: 0.99 (near median its 10-year median of 0.93)
GF Value™: $22.01 vs. price of $18.11 (17.7% below fair value)
Industry Position: 4.2% above the Asset Management median (#922 of 1607)
No single metric tells the full story. See the LGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Global Total Return & Fd Business Description
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investments consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt and others.
54GF Score
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