Calculus VCTLSE:CLC 42 PB Ratio is 0.94 as of Jul. 01, 2026, which is 3% above its 10-year median of 0.91. GuruFocus rates LSE:CLC with a GF Score™ of 42/100 and a GF Value™ of £0.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,600 Asset Management companies, Calculus VCT ranks better than 54.5% 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 (2026-07-01), Calculus VCT's share price is £0.5325. Calculus VCT's Book Value per Share for the quarter that ended in Sep. 2025 was £0.56. Hence, Calculus VCT's PB Ratio of today is 0.94.
Warning Sign:
Calculus VCT PLC stock PB Ratio (=0.94) is close to 5-year high of 0.97.
The historical rank and industry rank for Calculus VCT's PB Ratio or its related term are showing as below:
LSE:CLC'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.91 Max: 2.24
Current: 0.94
During the past 13 years, Calculus VCT's highest PB Ratio was 2.24. The lowest was 0.50. And the median was 0.91.
LSE:CLC's PB Ratio is ranked better than 54.5% of 1600
companies
in the Asset Management industry
Industry Median: 0.95
vs LSE:CLC: 0.94
During the past 12 months, Calculus VCT's average Book Value Per Share Growth Rate was -1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.00% 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 Calculus VCT was 19.30% per year. The lowest was -22.60% per year. And the median was -3.60% per year.
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.
Calculus VCT PB Ratio Related Terms
Calculus VCT PB Ratio Historical Data
* Premium members only.
The historical data trend for Calculus VCT'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.
For the Asset Management subindustry, Calculus VCT'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.
Calculus VCT PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calculus VCT's PB Ratio distribution charts can be found below:
* The bar in red indicates where Calculus VCT's PB Ratio falls into.
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.
Calculus VCT's PB Ratio for today is calculated as follows:
* 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.
Calculus VCT (LSE:CLC) has a PB Ratio of 0.94 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Calculus VCT and its competitors. This is near median its historical median of 0.91. Over the past decade, Calculus VCT's PB Ratio has ranged from 0.50 to 2.24. According to the industry distribution chart, Calculus VCT ranks #728 out of 1600 companies in the Asset Management industry, placing it in the top 45.5%.
Is Calculus VCT's PB Ratio too high?
Calculus VCT's current PB Ratio of 0.94 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.24. The Asset Management industry median PB Ratio is 0.95. Calculus VCT's value of 0.94 is 1.1% below this industry median. Based on the distribution chart, Calculus VCT ranks #728 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, Calculus VCT has a GF Score™ of 42/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calculus VCT's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Calculus VCT ranks #728 out of 1600 companies for PB Ratio. This puts Calculus VCT in the upper half of its industry. The industry median PB Ratio is 0.95. Calculus VCT's value of 0.94 is 1.1% below this benchmark. Historically, Calculus VCT's own PB Ratio has ranged from 0.50 to 2.24 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, Calculus VCT 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 1,600 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. Calculus VCT'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 Calculus VCT 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. Calculus VCT's current PB Ratio is 0.94, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calculus VCT stock overvalued right now?
Based on GuruFocus' analysis, Calculus VCT (LSE:CLC) is currently considered Significantly Undervalued. The stock's GF Value™ is £0.95, compared to a current price of £0.53 — trading 43.9% below its estimated fair value. The current PB Ratio is 0.94, which is near median its 10-year median of 0.91 and 1.1% below the Asset Management industry median of 0.95. Calculus VCT's overall GF Score™ is 42/100 with 3 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 Calculus VCT (LSE:CLC), the current PB Ratio is 0.94 as of Jul. 01, 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 Calculus VCT (LSE:CLC) Overvalued in 2026?
Based on GuruFocus' analysis, Calculus VCT stock appears to be undervalued.
The current stock price of £0.53 is trading 43.9% below its estimated GF Value™ of £0.95.
GuruFocus considers Calculus VCT to be Significantly Undervalued.
Key valuation signals for LSE:CLC:
PB Ratio: 0.94 (near median its 10-year median of 0.91)
GF Value™: £0.95 vs. price of £0.53 (43.9% below fair value)
Industry Position: 1.1% below the Asset Management median (#728 of 1600)
No single metric tells the full story. See the LSE:CLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust, focusing on the investment business. The investment objective of the company is to invest mainly in a diverse portfolio of United Kingdom growth companies. The company invests in a portfolio of venture capital investments that will provide sufficient returns to allow the company to maximize annual dividends and achieve capital growth over the medium to long term.
42GF Score
Get the complete analysis for LSE:CLC
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:CLC has been successfully added to your 
