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Nippon Active Value FundLSE:NAVF +0.43%73 PB Ratio is 1.05 as of Aug. 08, 2026, which is 4% above its 10-year median of 1.01. GuruFocus rates LSE:NAVF with a GF Score™ of 73/100 and a GF Value™ of £2.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,598 Asset Management companies, Nippon Active Value Fund ranks worse than 61.7% on this metric.
The historical rank and industry rank for Nippon Active Value Fund's PB Ratio or its related term are showing as below:
LSE:NAVF'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.01 Max: 1.28
Current: 1.02
During the past 6 years, Nippon Active Value Fund's highest PB Ratio was 1.28. The lowest was 0.76. And the median was 1.01.
LSE:NAVF's PB Ratio is ranked worse than 61.7% of 1598
companies
in the Asset Management industry
Industry Median: 0.95
vs LSE:NAVF: 1.02
During the past 12 months, Nippon Active Value Fund's average Book Value Per Share Growth Rate was 15.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Active Value Fund was 16.80% per year. The lowest was 11.90% per year. And the median was 14.20% 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.
* 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, Nippon Active Value Fund'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.
Nippon Active Value Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nippon Active Value Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Active Value Fund'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.
Nippon Active Value Fund (LSE:NAVF) has a PB Ratio of 1.05 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Active Value Fund and its competitors. This is near median its historical median of 1.01. Over the past decade, Nippon Active Value Fund's PB Ratio has ranged from 0.76 to 1.28. According to the industry distribution chart, Nippon Active Value Fund ranks #986 out of 1598 companies in the Asset Management industry, placing it in the top 61.7%.
Is Nippon Active Value Fund's PB Ratio too high?
Nippon Active Value Fund's current PB Ratio of 1.05 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.28. The Asset Management industry median PB Ratio is 0.95. Nippon Active Value Fund's value of 1.05 is 10.5% above this industry median. Based on the distribution chart, Nippon Active Value Fund ranks #986 out of 1598 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nippon Active Value Fund has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Active Value Fund's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Nippon Active Value Fund ranks #986 out of 1598 companies for PB Ratio. This places Nippon Active Value Fund in the lower half of its industry. The industry median PB Ratio is 0.95. Nippon Active Value Fund's value of 1.05 is 10.5% above this benchmark. Historically, Nippon Active Value Fund's own PB Ratio has ranged from 0.76 to 1.28 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.95, Nippon Active Value Fund 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 1,598 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. Nippon Active Value Fund's current PB Ratio of 1.05 is 10.5% 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 Nippon Active Value Fund 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. Nippon Active Value Fund's current PB Ratio is 1.05, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Active Value Fund stock overvalued right now?
Based on GuruFocus' analysis, Nippon Active Value Fund (LSE:NAVF) is currently considered Fairly Valued. The stock's GF Value™ is £2.50, compared to a current price of £2.36 — trading 5.6% below its estimated fair value. The current PB Ratio is 1.05, which is near median its 10-year median of 1.01 and 10.5% above the Asset Management industry median of 0.95. Nippon Active Value Fund's overall GF Score™ is 73/100 with 4 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 Nippon Active Value Fund (LSE:NAVF), the current PB Ratio is 1.05 as of Aug. 08, 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 Nippon Active Value Fund (LSE:NAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Active Value Fund stock appears to be undervalued.
The current stock price of £2.36 is trading 5.6% below its estimated GF Value™ of £2.50.
GuruFocus considers Nippon Active Value Fund to be Fairly Valued.
Key valuation signals for LSE:NAVF:
PB Ratio: 1.05 (near median its 10-year median of 1.01)
GF Value™: £2.50 vs. price of £2.36 (5.6% below fair value)
Industry Position: 10.5% above the Asset Management median (#986 of 1598)
No single metric tells the full story. See the LSE:NAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Active Value Fund PLC is a closed-ended investment company. The investment objective of the company is to provide shareholders with attractive capital growth through the active management of a focused portfolio of quoted companies which have the majority of their operations in, or revenue derived from, Japan.
73GF Score
Get the complete analysis for LSE:NAVF
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