Baillie Gifford European Growth Trust (LSE:BGEU) PB Ratio: 1.17 (As of Jul. 21, 2026) — 22% Above Median

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LSE:BGEU Baillie Gifford European Growth Trust PLC LSE:BGEU
35 GF Score
Price £1.14
! 6 Warning Signs
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What is Baillie Gifford European Growth Trust PB Ratio?

Baillie Gifford European Growth Trust LSE:BGEU +0.88% 35 PB Ratio is 1.17 as of Jul. 21, 2026, which is 22% above its 10-year median of 0.96. GuruFocus rates LSE:BGEU with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, Baillie Gifford European Growth Trust ranks worse than 72.77% 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 (2026-07-21), Baillie Gifford European Growth Trust's share price is £1.14. Baillie Gifford European Growth Trust's Book Value per Share for the quarter that ended in Mar. 2026 was £0.97. Hence, Baillie Gifford European Growth Trust's PB Ratio of today is 1.17.

Warning Sign:

Baillie Gifford European Growth Trust PLC stock PB Ratio (=1.17) is close to 3-year high of 1.17.

The historical rank and industry rank for Baillie Gifford European Growth Trust's PB Ratio or its related term are showing as below:

LSE:BGEU' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.96   Max: 1.34
Current: 1.17

During the past 13 years, Baillie Gifford European Growth Trust's highest PB Ratio was 1.34. The lowest was 0.52. And the median was 0.96.

LSE:BGEU's PB Ratio is ranked worse than
72.77% of 1601 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:BGEU: 1.17

During the past 12 months, Baillie Gifford European Growth Trust's average Book Value Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Baillie Gifford European Growth Trust was 22.80% per year. The lowest was -12.20% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


Baillie Gifford European Growth Trust  (LSE:BGEU) 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.


Baillie Gifford European Growth Trust PB Ratio Related Terms


Baillie Gifford European Growth Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Baillie Gifford European Growth Trust'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.

Baillie Gifford European Growth Trust PB Ratio Chart

Baillie Gifford European Growth Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.92 0.91 0.87 0.95

Baillie Gifford European Growth Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.88 0.87 0.95 0.95 0.97

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

For the Asset Management subindustry, Baillie Gifford European Growth 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.


Baillie Gifford European Growth Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford European Growth Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Baillie Gifford European Growth Trust's PB Ratio falls into.


LSE:BGEU
35GF Score
Baillie Gifford European Growth Trust PLC LSE:BGEU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Baillie Gifford European Growth 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.

Baillie Gifford European Growth Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.14/0.971
=1.17

* 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 1.17 mean?
Baillie Gifford European Growth Trust (LSE:BGEU) has a PB Ratio of 1.17 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 Baillie Gifford European Growth Trust and its competitors. This is 22% above median its historical median of 0.96. Over the past decade, Baillie Gifford European Growth Trust's PB Ratio has ranged from 0.52 to 1.34. According to the industry distribution chart, Baillie Gifford European Growth Trust ranks #1165 out of 1601 companies in the Asset Management industry, placing it in the top 72.8%.
Is Baillie Gifford European Growth Trust's PB Ratio too high?
Baillie Gifford European Growth Trust's current PB Ratio of 1.17 is 22% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.34. The Asset Management industry median PB Ratio is 0.95. Baillie Gifford European Growth Trust's value of 1.17 is 23.2% above this industry median. Based on the distribution chart, Baillie Gifford European Growth Trust ranks #1165 out of 1601 companies in the Asset Management industry, which is below the industry midpoint. Overall, Baillie Gifford European Growth Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford European Growth Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford European Growth Trust ranks #1165 out of 1601 companies for PB Ratio. This places Baillie Gifford European Growth Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Baillie Gifford European Growth Trust's value of 1.17 is 23.2% above this benchmark. Historically, Baillie Gifford European Growth Trust's own PB Ratio has ranged from 0.52 to 1.34 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.95, Baillie Gifford European Growth Trust 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 1,601 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. Baillie Gifford European Growth Trust's current PB Ratio of 1.17 is 23.2% 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 Baillie Gifford European Growth 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. Baillie Gifford European Growth Trust's current PB Ratio is 1.17, which is 22% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baillie Gifford European Growth Trust stock overvalued right now?
Baillie Gifford European Growth Trust (LSE:BGEU) has a current PB Ratio of 1.17. The current PB Ratio is 1.17, which is 22% above median its 10-year median of 0.96 and 23.2% above the Asset Management industry median of 0.95. Baillie Gifford European Growth Trust's overall GF Score™ is 35/100 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 Baillie Gifford European Growth Trust (LSE:BGEU), the current PB Ratio is 1.17 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.

Baillie Gifford European Growth Trust Business Description

Address 1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Baillie Gifford European Growth Trust PLC is an investment company. The company's investment objective is to achieve long-term capital growth through a diversified portfolio of Continental European securities. It adopts the investment in the diverse and increasingly accessible market of Continental Europe, which provides opportunities for capital growth over the long term. The company holds a diversified portfolio of investments, including Industrials, consumer discretionary, consumer services, financials, healthcare, and others. Its revenue consists of income from an investment. Geographically, maximum revenue is gained from the Netherlands, through Investment in Information Technology.
35GF Score

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