Smithson Investment Trust (LSE:SSON) PB Ratio: 0.90 (As of Jun. 26, 2026) — Near Median


LSE:SSON Smithson Investment Trust PLC LSE:SSON
33 GF Score
Price £14.38
! 2 Warning Signs
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What is Smithson Investment Trust PB Ratio?

Smithson Investment Trust LSE:SSON 33 PB Ratio is 0.90 as of Jun. 26, 2026, which is 2% below its 10-year median of 0.92. GuruFocus rates LSE:SSON with a GF Score™ of 33/100. The stock has 2 warning signs investors should review.

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), Smithson Investment Trust's share price is £14.38. Smithson Investment Trust's Book Value per Share for the quarter that ended in Dec. 2025 was £16.02. Hence, Smithson Investment Trust's PB Ratio of today is 0.90.

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

LSE:SSON' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.92   Max: 1.22
Current: 0.9

During the past 7 years, Smithson Investment Trust's highest PB Ratio was 1.22. The lowest was 0.59. And the median was 0.92.

LSE:SSON's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs LSE:SSON: 0.90

During the past 12 months, Smithson Investment Trust's average Book Value Per Share Growth Rate was -1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Smithson Investment Trust was 5.10% per year. The lowest was -5.90% per year. And the median was 1.65% per year.

Back to Basics: PB Ratio


Smithson Investment Trust  (LSE:SSON) 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.


Smithson Investment Trust PB Ratio Related Terms


Smithson Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Smithson Investment 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.

Smithson Investment Trust PB Ratio Chart

Smithson Investment Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.03 0.93 0.89 0.91 0.98

Smithson Investment Trust Semi-Annual Data
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 0.89 0.88 0.91 0.90 0.98

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

For the Asset Management subindustry, Smithson Investment 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.


Smithson Investment Trust PB Ratio vs Asset Management Industry

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

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


LSE:SSON
33GF Score
Smithson Investment Trust PLC LSE:SSON
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smithson Investment 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=14.38/16.015
=0.90

* 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 0.90 mean?
Smithson Investment Trust (LSE:SSON) has a PB Ratio of 0.90 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 Smithson Investment Trust and its competitors. This is near median its historical median of 0.92. Over the past decade, Smithson Investment Trust's PB Ratio has ranged from 0.59 to 1.22.
Is Smithson Investment Trust's PB Ratio too high?
Smithson Investment Trust's current PB Ratio of 0.90 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.22. The Asset Management industry median PB Ratio is 0.95. Smithson Investment Trust's value of 0.90 is 5.3% below this industry median. Overall, Smithson Investment Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Smithson Investment Trust's PB Ratio compare to BLK and BX?
Smithson Investment Trust's PB Ratio of 0.90 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Smithson Investment Trust's value of 0.90 is 5.3% below this benchmark. Historically, Smithson Investment Trust's own PB Ratio has ranged from 0.59 to 1.22 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.95, Smithson Investment Trust has consistently been below 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. Smithson Investment Trust's current PB Ratio of 0.90 is 5.3% below 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 Smithson Investment 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. Smithson Investment Trust's current PB Ratio is 0.90, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smithson Investment Trust stock overvalued right now?
Smithson Investment Trust (LSE:SSON) has a current PB Ratio of 0.90. The current PB Ratio is 0.90, which is near median its 10-year median of 0.92 and 5.3% below the Asset Management industry median of 0.95. Smithson Investment Trust's overall GF Score™ is 33/100 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 Smithson Investment Trust (LSE:SSON), the current PB Ratio is 0.90 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.

Smithson Investment Trust Business Description

Address 140 Aldersgate Street, 4th Floor, London, GBR, EC1A 4HY
Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials; and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe. It earns maximum revenue from North America.
33GF Score

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

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