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LSE:AIE's PB Ratio is ranked better than 56.28% of 1601
companies
in the Asset Management industry
Industry Median: 0.95
vs LSE:AIE: 0.94
During the past 12 months, Ashoka India Equity Investment Trust's average Book Value Per Share Growth Rate was -8.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.40% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashoka India Equity Investment Trust was 25.60% per year. The lowest was 17.00% per year. And the median was 18.80% per year.
Back to Basics: PB Ratio
Ashoka India Equity Investment Trust (LSE:AIE) 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.
Ashoka India Equity Investment Trust PB Ratio Related Terms
Ashoka India Equity Investment Trust 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.
Ashoka India Equity Investment Trust PB Ratio Chart
For the Asset Management subindustry, Ashoka India Equity Investment Trust'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.
Ashoka India Equity Investment Trust PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashoka India Equity Investment Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ashoka India Equity Investment Trust's PB Ratio falls into.
Ashoka India Equity Investment Trust 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.
Ashoka India Equity Investment Trust (LSE:AIE) has a PB Ratio of 0.94 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ashoka India Equity Investment Trust and its competitors. This is 13% below median its historical median of 1.08. Over the past decade, Ashoka India Equity Investment Trust's PB Ratio has ranged from 0.79 to 1.55. According to the industry distribution chart, Ashoka India Equity Investment Trust ranks #700 out of 1601 companies in the Asset Management industry, placing it in the top 43.7%.
Is Ashoka India Equity Investment Trust's PB Ratio too high?
Ashoka India Equity Investment Trust's current PB Ratio of 0.94 is 13% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.55. The Asset Management industry median PB Ratio is 0.95. Ashoka India Equity Investment Trust's value of 0.94 is 1.1% below this industry median. Based on the distribution chart, Ashoka India Equity Investment Trust ranks #700 out of 1601 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ashoka India Equity Investment Trust has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka India Equity Investment Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashoka India Equity Investment Trust ranks #700 out of 1601 companies for PB Ratio. This puts Ashoka India Equity Investment Trust in the upper half of its industry. The industry median PB Ratio is 0.95. Ashoka India Equity Investment Trust's value of 0.94 is 1.1% below this benchmark. Historically, Ashoka India Equity Investment Trust's own PB Ratio has ranged from 0.79 to 1.55 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.95, Ashoka India Equity Investment Trust 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 1,601 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. Ashoka India Equity Investment Trust's current PB Ratio of 0.94 is 1.1% 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 Ashoka India Equity Investment Trust 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. Ashoka India Equity Investment Trust's current PB Ratio is 0.94, which is 13% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka India Equity Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Ashoka India Equity Investment Trust (LSE:AIE) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.40, compared to a current price of £2.53 — trading 531.3% above its estimated fair value. The current PB Ratio is 0.94, which is 13% below median its 10-year median of 1.08 and 1.1% below the Asset Management industry median of 0.95. Ashoka India Equity Investment Trust's overall GF Score™ is 35/100 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 Ashoka India Equity Investment Trust (LSE:AIE), the current PB Ratio is 0.94 as of Jul. 21, 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 Ashoka India Equity Investment Trust (LSE:AIE) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka India Equity Investment Trust stock appears to be overvalued.
The current stock price of £2.53 is trading 531.3% above its estimated GF Value™ of £0.40.
GuruFocus considers Ashoka India Equity Investment Trust to be Significantly Overvalued.
Key valuation signals for LSE:AIE:
PB Ratio: 0.94 (13% below median its 10-year median of 1.08)
GF Value™: £0.40 vs. price of £2.53 (531.3% above fair value)
Industry Position: 1.1% below the Asset Management median (#700 of 1601)
No single metric tells the full story. See the LSE:AIE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka India Equity Investment Trust Business Description
Ashoka India Equity Investment Trust PLC is a closed-ended investment company. Its investment objective is to achieve long-term capital appreciation. The company mainly invests in securities listed on any stock exchange in India, and can also invest in the securities of companies with a substantial presence in India that are listed on stock exchanges outside India. Its investment portfolio comprises securities of companies operating in various sectors in India, such as Industrials, Financials, Consumer, Information Technology, Materials, Healthcare, Communications, etc.
35GF Score
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