Pacific Assets Trust (LSE:PAC) PB Ratio: 1.02 (As of Jun. 27, 2026) — Near Median


LSE:PAC Pacific Assets Trust PLC LSE:PAC
52 GF Score
Price £4.22
GF Value £7.00
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pacific Assets Trust PB Ratio?

Pacific Assets Trust LSE:PAC -1.40% 52 PB Ratio is 1.02 as of Jun. 27, 2026, which is 5% above its 10-year median of 0.97. GuruFocus rates LSE:PAC with a GF Score™ of 52/100 and a GF Value™ of £7.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,604 Asset Management companies, Pacific Assets Trust ranks worse than 63.72% 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 (2026-06-27), Pacific Assets Trust's share price is £4.22. Pacific Assets Trust's Book Value per Share for the quarter that ended in Jan. 2026 was £4.12. Hence, Pacific Assets Trust's PB Ratio of today is 1.02.

Warning Sign:

Pacific Assets Trust PLC stock PB Ratio (=1.04) is close to 5-year high of 1.07.

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

LSE:PAC' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.97   Max: 1.35
Current: 1.02

During the past 13 years, Pacific Assets Trust's highest PB Ratio was 1.35. The lowest was 0.73. And the median was 0.97.

LSE:PAC's PB Ratio is ranked worse than
63.72% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:PAC: 1.02

During the past 12 months, Pacific Assets Trust's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pacific Assets Trust was 21.60% per year. The lowest was -7.00% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


Pacific Assets Trust  (LSE:PAC) 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.


Pacific Assets Trust PB Ratio Related Terms


Pacific Assets Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Pacific Assets 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.

Pacific Assets Trust PB Ratio Chart

Pacific Assets Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.91 0.86 0.90

Pacific Assets Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.91 0.92 0.86 0.89 0.90

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

For the Asset Management subindustry, Pacific Assets 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.


Pacific Assets Trust PB Ratio vs Asset Management Industry

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

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


LSE:PAC
52GF Score
Pacific Assets Trust PLC LSE:PAC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pacific Assets 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=4.22/4.12
=1.02

* 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 1.02 mean?
Pacific Assets Trust (LSE:PAC) has a PB Ratio of 1.02 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pacific Assets Trust and its competitors. This is near median its historical median of 0.97. Over the past decade, Pacific Assets Trust's PB Ratio has ranged from 0.73 to 1.35. According to the industry distribution chart, Pacific Assets Trust ranks #1022 out of 1604 companies in the Asset Management industry, placing it in the top 63.7%.
Is Pacific Assets Trust's PB Ratio too high?
Pacific Assets Trust's current PB Ratio of 1.02 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.35. The Asset Management industry median PB Ratio is 0.95. Pacific Assets Trust's value of 1.02 is 7.4% above this industry median. Based on the distribution chart, Pacific Assets Trust ranks #1022 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pacific Assets Trust has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Assets Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Pacific Assets Trust ranks #1022 out of 1604 companies for PB Ratio. This places Pacific Assets Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Pacific Assets Trust's value of 1.02 is 7.4% above this benchmark. Historically, Pacific Assets Trust's own PB Ratio has ranged from 0.73 to 1.35 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.95, Pacific Assets 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. Pacific Assets Trust's current PB Ratio of 1.02 is 7.4% 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 Pacific Assets 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. Pacific Assets Trust's current PB Ratio is 1.02, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Assets Trust stock overvalued right now?
Based on GuruFocus' analysis, Pacific Assets Trust (LSE:PAC) is currently considered Significantly Undervalued. The stock's GF Value™ is £7.00, compared to a current price of £4.22 — trading 39.7% below its estimated fair value. The current PB Ratio is 1.02, which is near median its 10-year median of 0.97 and 7.4% above the Asset Management industry median of 0.95. Pacific Assets Trust's overall GF Score™ is 52/100 with 2 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 Pacific Assets Trust (LSE:PAC), the current PB Ratio is 1.02 as of Jun. 27, 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 Pacific Assets Trust (LSE:PAC) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Assets Trust stock appears to be undervalued. The current stock price of £4.22 is trading 39.7% below its estimated GF Value™ of £7.00. GuruFocus considers Pacific Assets Trust to be Significantly Undervalued.

Key valuation signals for LSE:PAC:

  • PB Ratio: 1.02 (near median its 10-year median of 0.97)
  • GF Value™: £7.00 vs. price of £4.22 (39.7% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 7.4% above the Asset Management median (#1022 of 1604)

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


Pacific Assets Trust Business Description

Address 6 St Andrew Square, Level 3, Edinburgh, GBR, EH2 2BD
Pacific Assets Trust PLC is a UK-based investment trust. It aims to achieve long-term capital growth through investment in selected companies in the Asia-Pacific region and the Indian sub-continent excluding Japan, Australia, and New Zealand.
52GF Score

Get the complete analysis for LSE:PAC

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

£4.22
Price
£7.00
GF Value