abrdn Asia Focus (LSE:AAS) PB Ratio: 1.04 (As of Jun. 25, 2026) — 20% Above Median


LSE:AAS abrdn Asia Focus PLC LSE:AAS
41 GF Score
Price £4.38
GF Value £8.00
Valuation Possible Value Trap
! 6 Warning Signs
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What is abrdn Asia Focus PB Ratio?

abrdn Asia Focus LSE:AAS 41 PB Ratio is 1.04 as of Jun. 25, 2026, which is 20% above its 10-year median of 0.87. GuruFocus rates LSE:AAS with a GF Score™ of 41/100 and a GF Value™ of £8.00 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,607 Asset Management companies, abrdn Asia Focus ranks worse than 64.59% 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), abrdn Asia Focus's share price is £4.38. abrdn Asia Focus's Book Value per Share for the quarter that ended in Jan. 2026 was £4.22. Hence, abrdn Asia Focus's PB Ratio of today is 1.04.

Warning Sign:

abrdn Asia Focus PLC stock PB Ratio (=1.08) is close to 3-year high of 1.2.

The historical rank and industry rank for abrdn Asia Focus's PB Ratio or its related term are showing as below:

LSE:AAS' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.87   Max: 1.22
Current: 1.04

During the past 13 years, abrdn Asia Focus's highest PB Ratio was 1.22. The lowest was 0.57. And the median was 0.87.

LSE:AAS's PB Ratio is ranked worse than
64.59% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:AAS: 1.04

During the past 12 months, abrdn Asia Focus's average Book Value Per Share Growth Rate was 21.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of abrdn Asia Focus was 27.40% per year. The lowest was -3.60% per year. And the median was 8.50% per year.

Back to Basics: PB Ratio


abrdn Asia Focus  (LSE:AAS) 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.


abrdn Asia Focus PB Ratio Related Terms


abrdn Asia Focus PB Ratio Historical Data

* Premium members only.

The historical data trend for abrdn Asia Focus'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.

abrdn Asia Focus PB Ratio Chart

abrdn Asia Focus Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.85 0.85 0.90

abrdn Asia Focus Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.85 0.85 0.86 0.90 0.91

LSE:AAS vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, abrdn Asia Focus'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.


abrdn Asia Focus PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia Focus's PB Ratio distribution charts can be found below:

* The bar in red indicates where abrdn Asia Focus's PB Ratio falls into.


LSE:AAS
41GF Score
abrdn Asia Focus PLC LSE:AAS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

abrdn Asia Focus 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.

abrdn Asia Focus's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=4.38/4.217
=1.04

* 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 1.04 mean?
abrdn Asia Focus (LSE:AAS) has a PB Ratio of 1.04 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 abrdn Asia Focus and its competitors. This is 20% above median its historical median of 0.87. Over the past decade, abrdn Asia Focus' PB Ratio has ranged from 0.57 to 1.22. According to the industry distribution chart, abrdn Asia Focus ranks #1038 out of 1607 companies in the Asset Management industry, placing it in the top 64.6%.
Is abrdn Asia Focus' PB Ratio too high?
abrdn Asia Focus' current PB Ratio of 1.04 is 20% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.22. The Asset Management industry median PB Ratio is 0.95. abrdn Asia Focus' value of 1.04 is 9.5% above this industry median. Based on the distribution chart, abrdn Asia Focus ranks #1038 out of 1607 companies in the Asset Management industry, which is below the industry midpoint. Overall, abrdn Asia Focus has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does abrdn Asia Focus' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, abrdn Asia Focus ranks #1038 out of 1607 companies for PB Ratio. This places abrdn Asia Focus in the lower half of its industry. The industry median PB Ratio is 0.95. abrdn Asia Focus' value of 1.04 is 9.5% above this benchmark. Historically, abrdn Asia Focus' own PB Ratio has ranged from 0.57 to 1.22 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.95, abrdn Asia Focus 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. abrdn Asia Focus's current PB Ratio of 1.04 is 9.5% 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 abrdn Asia Focus 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. abrdn Asia Focus's current PB Ratio is 1.04, which is 20% above 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 abrdn Asia Focus stock overvalued right now?
Based on GuruFocus' analysis, abrdn Asia Focus (LSE:AAS) is currently considered Possible Value Trap. The stock's GF Value™ is £8.00, compared to a current price of £4.38 — trading 45.3% below its estimated fair value. The current PB Ratio is 1.04, which is 20% above median its 10-year median of 0.87 and 9.5% above the Asset Management industry median of 0.95. abrdn Asia Focus' overall GF Score™ is 41/100 with 6 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 abrdn Asia Focus (LSE:AAS), the current PB Ratio is 1.04 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 abrdn Asia Focus (LSE:AAS) Overvalued in 2026?

Based on GuruFocus' analysis, abrdn Asia Focus stock appears to be undervalued. The current stock price of £4.38 is trading 45.3% below its estimated GF Value™ of £8.00. GuruFocus considers abrdn Asia Focus to be Possible Value Trap.

Key valuation signals for LSE:AAS:

  • PB Ratio: 1.04 (20% above median its 10-year median of 0.87)
  • GF Value™: £8.00 vs. price of £4.38 (45.3% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 9.5% above the Asset Management median (#1038 of 1607)

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


abrdn Asia Focus Business Description

Address 280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Asia Focus PLC is a closed-end investment company listed on the London Stock Exchange. The company focuses on identifying and investing in well-managed smaller companies across Asia (excluding Japan) that demonstrate strong growth potential. The company aims to maximise total return to shareholders over the long term from a portfolio made up predominantly of quoted smaller companies. Its investments span multiple industries and economies, generating returns through capital appreciation. The company is engaged in a single segment of business activity, being investment business.
41GF Score

Get the complete analysis for LSE:AAS

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

£4.38
Price
£8.00
GF Value