Gabelli Merchant Partners (LSE:GMPP) PB Ratio: 0.80 (As of Jun. 26, 2026) — Near Median


LSE:GMPP Gabelli Merchant Partners PLC LSE:GMPP
50 GF Score
Price $8.60
GF Value $17.58
! 3 Warning Signs
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What is Gabelli Merchant Partners PB Ratio?

Gabelli Merchant Partners LSE:GMPP 50 PB Ratio is 0.80 as of Jun. 26, 2026, which is 9% below its 10-year median of 0.88. GuruFocus rates LSE:GMPP with a GF Score™ of 50/100 and a GF Value™ of $17.58. The stock has 3 warning signs investors should review.

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 (2026-06-26), Gabelli Merchant Partners's share price is $8.60. Gabelli Merchant Partners's Book Value per Share for the quarter that ended in Dec. 2025 was $10.69. Hence, Gabelli Merchant Partners's PB Ratio of today is 0.80.

The historical rank and industry rank for Gabelli Merchant Partners's PB Ratio or its related term are showing as below:

LSE:GMPP' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.88   Max: 0.96
Current: 0.8

During the past 8 years, Gabelli Merchant Partners's highest PB Ratio was 0.96. The lowest was 0.53. And the median was 0.88.

LSE:GMPP's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs LSE:GMPP: 0.80

During the past 12 months, Gabelli Merchant Partners's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Gabelli Merchant Partners was 3.90% per year. The lowest was -1.20% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio


Gabelli Merchant Partners  (LSE:GMPP) 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.


Gabelli Merchant Partners PB Ratio Related Terms


Gabelli Merchant Partners PB Ratio Historical Data

* Premium members only.

The historical data trend for Gabelli Merchant Partners'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.

Gabelli Merchant Partners PB Ratio Chart

Gabelli Merchant Partners Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 0.74 0.96 0.88 0.90 0.86

Gabelli Merchant Partners Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.82 0.90 0.79 0.86 0.80

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

For the Asset Management subindustry, Gabelli Merchant Partners'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.


Gabelli Merchant Partners PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Merchant Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gabelli Merchant Partners's PB Ratio falls into.


LSE:GMPP
50GF Score
Gabelli Merchant Partners PLC LSE:GMPP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gabelli Merchant Partners 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.

Gabelli Merchant Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.60/10.689
=0.80

* 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 0.80 mean?
Gabelli Merchant Partners (LSE:GMPP) has a PB Ratio of 0.80 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gabelli Merchant Partners and its competitors. This is near median its historical median of 0.88. Over the past decade, Gabelli Merchant Partners' PB Ratio has ranged from 0.53 to 0.96.
Is Gabelli Merchant Partners' PB Ratio too high?
Gabelli Merchant Partners' current PB Ratio of 0.80 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.96. The Asset Management industry median PB Ratio is 0.95. Gabelli Merchant Partners' value of 0.80 is 15.8% below this industry median. Overall, Gabelli Merchant Partners has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Gabelli Merchant Partners' PB Ratio compare to BLK and BX?
Gabelli Merchant Partners' PB Ratio of 0.80 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Gabelli Merchant Partners' value of 0.80 is 15.8% below this benchmark. Historically, Gabelli Merchant Partners' own PB Ratio has ranged from 0.53 to 0.96 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.95, Gabelli Merchant Partners 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 1,604 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. Gabelli Merchant Partners's current PB Ratio of 0.80 is 15.8% 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 Gabelli Merchant Partners 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. Gabelli Merchant Partners's current PB Ratio is 0.80, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gabelli Merchant Partners stock overvalued right now?
Gabelli Merchant Partners (LSE:GMPP) has a current PB Ratio of 0.80. The stock's GF Value™ is $17.58, compared to a current price of $8.60 — trading 51.1% below its estimated fair value. The current PB Ratio is 0.80, which is near median its 10-year median of 0.88 and 15.8% below the Asset Management industry median of 0.95. Gabelli Merchant Partners' overall GF Score™ is 50/100 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 Gabelli Merchant Partners (LSE:GMPP), the current PB Ratio is 0.80 as of Jun. 26, 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 Gabelli Merchant Partners (LSE:GMPP) Overvalued in 2026?

Based on GuruFocus' analysis, Gabelli Merchant Partners stock appears to be undervalued. The current stock price of $8.60 is trading 51.1% below its estimated GF Value™ of $17.58.

Key valuation signals for LSE:GMPP:

  • PB Ratio: 0.80 (near median its 10-year median of 0.88)
  • GF Value™: $17.58 vs. price of $8.60 (51.1% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 15.8% below the Asset Management median

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


Gabelli Merchant Partners Business Description

Address 3 St James's Place, London, GBR, SW1A 1NP
Gabelli Merchant Partners PLC is an investment company based in the United Kingdom. Its investment objective is to seek to generate total return, consisting of capital appreciation and current income. The Company will seek a secondary objective of the protection of capital, uncorrelated with equity and fixed income markets.
50GF Score

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

$8.60
Price
$17.58
GF Value