Polar Capital Global Financials Trust (LSE:PCFT) PB Ratio: 1.03 (As of Jun. 26, 2026) — Near Median


LSE:PCFT Polar Capital Global Financials Trust PLC LSE:PCFT
37 GF Score
Price £2.38
! 5 Warning Signs
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What is Polar Capital Global Financials Trust PB Ratio?

Polar Capital Global Financials Trust LSE:PCFT -0.63% 37 PB Ratio is 1.03 as of Jun. 26, 2026, which is 4% above its 10-year median of 0.99. GuruFocus rates LSE:PCFT with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 1,604 Asset Management companies, Polar Capital Global Financials 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 (2026-06-26), Polar Capital Global Financials Trust's share price is £2.375. Polar Capital Global Financials Trust's Book Value per Share for the quarter that ended in Nov. 2025 was £2.30. Hence, Polar Capital Global Financials Trust's PB Ratio of today is 1.03.

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

LSE:PCFT' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.99   Max: 1.64
Current: 1.03

During the past 13 years, Polar Capital Global Financials Trust's highest PB Ratio was 1.64. The lowest was 0.62. And the median was 0.99.

LSE:PCFT's PB Ratio is ranked worse than
63.72% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:PCFT: 1.03

During the past 12 months, Polar Capital Global Financials Trust's average Book Value Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Polar Capital Global Financials Trust was 14.80% per year. The lowest was -2.30% per year. And the median was 11.40% per year.

Back to Basics: PB Ratio


Polar Capital Global Financials Trust  (LSE:PCFT) 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.


Polar Capital Global Financials Trust PB Ratio Related Terms


Polar Capital Global Financials Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Polar Capital Global Financials 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.

Polar Capital Global Financials Trust PB Ratio Chart

Polar Capital Global Financials Trust Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.93 0.88 0.94 0.95

Polar Capital Global Financials Trust Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.88 0.91 0.94 0.97 0.95

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

For the Asset Management subindustry, Polar Capital Global Financials 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.


Polar Capital Global Financials Trust PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Polar Capital Global Financials Trust's PB Ratio falls into.


LSE:PCFT
37GF Score
Polar Capital Global Financials Trust PLC LSE:PCFT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital Global Financials 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.

Polar Capital Global Financials Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=2.375/2.297
=1.03

* 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 1.03 mean?
Polar Capital Global Financials Trust (LSE:PCFT) has a PB Ratio of 1.03 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 Polar Capital Global Financials Trust and its competitors. This is near median its historical median of 0.99. Over the past decade, Polar Capital Global Financials Trust's PB Ratio has ranged from 0.62 to 1.64. According to the industry distribution chart, Polar Capital Global Financials Trust ranks #1022 out of 1604 companies in the Asset Management industry, placing it in the top 63.7%.
Is Polar Capital Global Financials Trust's PB Ratio too high?
Polar Capital Global Financials Trust's current PB Ratio of 1.03 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.64. The Asset Management industry median PB Ratio is 0.95. Polar Capital Global Financials Trust's value of 1.03 is 8.4% above this industry median. Based on the distribution chart, Polar Capital Global Financials Trust ranks #1022 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Polar Capital Global Financials Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Financials Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Financials Trust ranks #1022 out of 1604 companies for PB Ratio. This places Polar Capital Global Financials Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Polar Capital Global Financials Trust's value of 1.03 is 8.4% above this benchmark. Historically, Polar Capital Global Financials Trust's own PB Ratio has ranged from 0.62 to 1.64 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.95, Polar Capital Global Financials 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. Polar Capital Global Financials Trust's current PB Ratio of 1.03 is 8.4% 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 Polar Capital Global Financials 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. Polar Capital Global Financials Trust's current PB Ratio is 1.03, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Financials Trust stock overvalued right now?
Polar Capital Global Financials Trust (LSE:PCFT) has a current PB Ratio of 1.03. The current PB Ratio is 1.03, which is near median its 10-year median of 0.99 and 8.4% above the Asset Management industry median of 0.95. Polar Capital Global Financials Trust's overall GF Score™ is 37/100 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 Polar Capital Global Financials Trust (LSE:PCFT), the current PB Ratio is 1.03 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.

Polar Capital Global Financials Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, it invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan and East Europe.
37GF Score

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