Impax Asset Management GroupLSE:IPX +3.47%63 PB Ratio is 1.13 as of Jun. 26, 2026, which is 80% below its 10-year median of 5.58. GuruFocus rates LSE:IPX with a GF Score™ of 63/100 and a GF Value™ of £2.43 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,607 Asset Management companies, Impax Asset Management Group ranks worse than 69.07% on this metric.
Impax Asset Management Group PLC stock PB Ratio (=1.11) is close to 10-year low of 1.02.
The historical rank and industry rank for Impax Asset Management Group's PB Ratio or its related term are showing as below:
LSE:IPX'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 5.58 Max: 23.45
Current: 1.14
During the past 13 years, Impax Asset Management Group's highest PB Ratio was 23.45. The lowest was 1.02. And the median was 5.58.
LSE:IPX's PB Ratio is ranked worse than 69.07% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs LSE:IPX: 1.14
During the past 12 months, Impax Asset Management Group's average Book Value Per Share Growth Rate was -4.20% 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 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Impax Asset Management Group was 44.60% per year. The lowest was -35.40% per year. And the median was 14.95% per year.
Back to Basics: PB Ratio
Impax Asset Management Group (LSE:IPX) 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.
Impax Asset Management Group PB Ratio Related Terms
Impax Asset Management Group 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.
For the Asset Management subindustry, Impax Asset Management Group'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.
Impax Asset Management Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group'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.
* 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.
Impax Asset Management Group (LSE:IPX) has a PB Ratio of 1.13 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 Impax Asset Management Group and its competitors. This is 80% below median its historical median of 5.58. Over the past decade, Impax Asset Management Group's PB Ratio has ranged from 1.02 to 23.45. According to the industry distribution chart, Impax Asset Management Group ranks #1110 out of 1607 companies in the Asset Management industry, placing it in the top 69.1%.
Is Impax Asset Management Group's PB Ratio too high?
Impax Asset Management Group's current PB Ratio of 1.13 is 80% below median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 23.45. The Asset Management industry median PB Ratio is 0.95. Impax Asset Management Group's value of 1.13 is 18.9% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #1110 out of 1607 companies in the Asset Management industry, which is below the industry midpoint. Overall, Impax Asset Management Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #1110 out of 1607 companies for PB Ratio. This places Impax Asset Management Group in the lower half of its industry. The industry median PB Ratio is 0.95. Impax Asset Management Group's value of 1.13 is 18.9% above this benchmark. Historically, Impax Asset Management Group's own PB Ratio has ranged from 1.02 to 23.45 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 0.95, Impax Asset Management Group 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. Impax Asset Management Group's current PB Ratio of 1.13 is 18.9% 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 Impax Asset Management Group 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. Impax Asset Management Group's current PB Ratio is 1.13, which is 80% below median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (LSE:IPX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.43, compared to a current price of £0.99 — trading 59.5% below its estimated fair value. The current PB Ratio is 1.13, which is 80% below median its 10-year median of 5.58 and 18.9% above the Asset Management industry median of 0.95. Impax Asset Management Group's overall GF Score™ is 63/100 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 Impax Asset Management Group (LSE:IPX), the current PB Ratio is 1.13 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 Impax Asset Management Group (LSE:IPX) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of £0.99 is trading 59.5% below its estimated GF Value™ of £2.43.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for LSE:IPX:
PB Ratio: 1.13 (80% below median its 10-year median of 5.58)
GF Value™: £2.43 vs. price of £0.99 (59.5% below fair value)
Industry Position: 18.9% above the Asset Management median (#1110 of 1607)
No single metric tells the full story. See the LSE:IPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
63GF Score
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