Murrayome Trust (LSE:MUT) PB Ratio: 0.98 (As of Jun. 26, 2026) — Near Median


LSE:MUT Murray Income Trust PLC LSE:MUT
53 GF Score
Price £9.75
GF Value £15.46
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Murrayome Trust PB Ratio?

Murrayome Trust LSE:MUT +0.72% 53 PB Ratio is 0.98 as of Jun. 26, 2026, which is 4% above its 10-year median of 0.94. GuruFocus rates LSE:MUT with a GF Score™ of 53/100 and a GF Value™ of £15.46 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,604 Asset Management companies, Murrayome Trust ranks worse than 54.99% 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 (2026-06-26), Murrayome Trust's share price is £9.75. Murrayome Trust's Book Value per Share for the quarter that ended in Dec. 2025 was £9.93. Hence, Murrayome Trust's PB Ratio of today is 0.98.

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

LSE:MUT' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.94   Max: 1.14
Current: 0.99

During the past 13 years, Murrayome Trust's highest PB Ratio was 1.14. The lowest was 0.72. And the median was 0.94.

LSE:MUT's PB Ratio is ranked worse than
54.99% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:MUT: 0.99

During the past 12 months, Murrayome Trust's average Book Value Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Murrayome Trust was 17.40% per year. The lowest was -13.30% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Murrayome Trust  (LSE:MUT) 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.


Murrayome Trust PB Ratio Related Terms


Murrayome Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Murrayome 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.

Murrayome Trust PB Ratio Chart

Murrayome Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.96 0.94 0.91 0.91

Murrayome Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.91 0.90 0.91 0.92

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

For the Asset Management subindustry, Murrayome 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.


Murrayome Trust PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Murrayome Trust's PB Ratio falls into.


LSE:MUT
53GF Score
Murray Income Trust PLC LSE:MUT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Murrayome 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.

Murrayome Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=9.75/9.932
=0.98

* 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 0.98 mean?
Murrayome Trust (LSE:MUT) has a PB Ratio of 0.98 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 Murrayome Trust and its competitors. This is near median its historical median of 0.94. Over the past decade, Murrayome Trust's PB Ratio has ranged from 0.72 to 1.14. According to the industry distribution chart, Murrayome Trust ranks #882 out of 1604 companies in the Asset Management industry, placing it in the top 55%.
Is Murrayome Trust's PB Ratio too high?
Murrayome Trust's current PB Ratio of 0.98 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.14. The Asset Management industry median PB Ratio is 0.95. Murrayome Trust's value of 0.98 is 3.2% above this industry median. Based on the distribution chart, Murrayome Trust ranks #882 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Murrayome Trust has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Murrayome Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Murrayome Trust ranks #882 out of 1604 companies for PB Ratio. This places Murrayome Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Murrayome Trust's value of 0.98 is 3.2% above this benchmark. Historically, Murrayome Trust's own PB Ratio has ranged from 0.72 to 1.14 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.95, Murrayome 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 1,604 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. Murrayome Trust's current PB Ratio of 0.98 is 3.2% 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 Murrayome 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. Murrayome Trust's current PB Ratio is 0.98, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murrayome Trust stock overvalued right now?
Based on GuruFocus' analysis, Murrayome Trust (LSE:MUT) is currently considered Significantly Undervalued. The stock's GF Value™ is £15.46, compared to a current price of £9.75 — trading 36.9% below its estimated fair value. The current PB Ratio is 0.98, which is near median its 10-year median of 0.94 and 3.2% above the Asset Management industry median of 0.95. Murrayome Trust's overall GF Score™ is 53/100 with 5 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 Murrayome Trust (LSE:MUT), the current PB Ratio is 0.98 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 Murrayome Trust (LSE:MUT) Overvalued in 2026?

Based on GuruFocus' analysis, Murrayome Trust stock appears to be undervalued. The current stock price of £9.75 is trading 36.9% below its estimated GF Value™ of £15.46. GuruFocus considers Murrayome Trust to be Significantly Undervalued.

Key valuation signals for LSE:MUT:

  • PB Ratio: 0.98 (near median its 10-year median of 0.94)
  • GF Value™: £15.46 vs. price of £9.75 (36.9% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 3.2% above the Asset Management median (#882 of 1604)

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


Murrayome Trust Business Description

Address 1 George Street, Edinburgh, GBR, EH2 2LL
Murray Income Trust PLC is an asset management firm in the United Kingdom. Its core objective is to achieve high and growing income combined with capital growth through investment in a portfolio of UK equities which cover a diverse range of sectors. Its primary focus remains on dividend-paying growth stocks of large-cap companies. The trust's investment follows a bottom-up and top-down stock picking approach, thereby focusing on factors such as cash flow and balance sheet.
53GF Score

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

£9.75
Price
£15.46
GF Value