Scottish Oriental Smaller Trust (The) (LSE:SST) PB Ratio: 8.91 (As of Jun. 26, 2026) — 924% Above Median


LSE:SST Scottish Oriental Smaller Companies Trust (The) PLC LSE:SST
53 GF Score
Price £2.71
GF Value £6.23
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Scottish Oriental Smaller Trust (The) PB Ratio?

Scottish Oriental Smaller Trust (The) LSE:SST -1.81% 53 PB Ratio is 8.91 as of Jun. 26, 2026, which is 924% above its 10-year median of 0.87. GuruFocus rates LSE:SST with a GF Score™ of 53/100 and a GF Value™ of £6.23 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,604 Asset Management companies, Scottish Oriental Smaller Trust (The) ranks worse than 97.76% 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), Scottish Oriental Smaller Trust (The)'s share price is £2.71. Scottish Oriental Smaller Trust (The)'s Book Value per Share for the quarter that ended in Feb. 2026 was £0.30. Hence, Scottish Oriental Smaller Trust (The)'s PB Ratio of today is 8.91.

Warning Sign:

Scottish Oriental Smaller Companies Trust (The) PLC stock PB Ratio (=9.24) is close to 10-year high of 9.24.

The historical rank and industry rank for Scottish Oriental Smaller Trust (The)'s PB Ratio or its related term are showing as below:

LSE:SST' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.87   Max: 9.31
Current: 8.92

During the past 13 years, Scottish Oriental Smaller Trust (The)'s highest PB Ratio was 9.31. The lowest was 0.58. And the median was 0.87.

LSE:SST's PB Ratio is ranked worse than
97.76% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:SST: 8.92

During the past 12 months, Scottish Oriental Smaller Trust (The)'s average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Scottish Oriental Smaller Trust (The) was 25.50% per year. The lowest was -6.00% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Scottish Oriental Smaller Trust (The)  (LSE:SST) 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.


Scottish Oriental Smaller Trust (The) PB Ratio Related Terms


Scottish Oriental Smaller Trust (The) PB Ratio Historical Data

* Premium members only.

The historical data trend for Scottish Oriental Smaller Trust (The)'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.

Scottish Oriental Smaller Trust (The) PB Ratio Chart

Scottish Oriental Smaller Trust (The) Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.88 0.86 0.90

Scottish Oriental Smaller Trust (The) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 9.16 0.86 9.80 0.90 9.38

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

For the Asset Management subindustry, Scottish Oriental Smaller Trust (The)'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.


Scottish Oriental Smaller Trust (The) PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish Oriental Smaller Trust (The)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Scottish Oriental Smaller Trust (The)'s PB Ratio falls into.


LSE:SST
53GF Score
Scottish Oriental Smaller Companies Trust (The) PLC LSE:SST
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scottish Oriental Smaller Trust (The) 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.

Scottish Oriental Smaller Trust (The)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2.71/0.304
=8.91

* 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 8.91 mean?
Scottish Oriental Smaller Trust (The) (LSE:SST) has a PB Ratio of 8.91 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 Scottish Oriental Smaller Trust (The) and its competitors. This is 924% above median its historical median of 0.87. Over the past decade, Scottish Oriental Smaller Trust (The)'s PB Ratio has ranged from 0.58 to 9.31. According to the industry distribution chart, Scottish Oriental Smaller Trust (The) ranks #1568 out of 1604 companies in the Asset Management industry, placing it in the top 97.8%.
Is Scottish Oriental Smaller Trust (The)'s PB Ratio too high?
Scottish Oriental Smaller Trust (The)'s current PB Ratio of 8.91 is 924% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 9.31. The Asset Management industry median PB Ratio is 0.95. Scottish Oriental Smaller Trust (The)'s value of 8.91 is 837.9% above this industry median. Based on the distribution chart, Scottish Oriental Smaller Trust (The) ranks #1568 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Scottish Oriental Smaller Trust (The) has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scottish Oriental Smaller Trust (The)'s PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Scottish Oriental Smaller Trust (The) ranks #1568 out of 1604 companies for PB Ratio. This places Scottish Oriental Smaller Trust (The) in the lower half of its industry. The industry median PB Ratio is 0.95. Scottish Oriental Smaller Trust (The)'s value of 8.91 is 837.9% above this benchmark. Historically, Scottish Oriental Smaller Trust (The)'s own PB Ratio has ranged from 0.58 to 9.31 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.95, Scottish Oriental Smaller Trust (The) 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. Scottish Oriental Smaller Trust (The)'s current PB Ratio of 8.91 is 837.9% 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 Scottish Oriental Smaller Trust (The) 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. Scottish Oriental Smaller Trust (The)'s current PB Ratio is 8.91, which is 924% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish Oriental Smaller Trust (The) stock overvalued right now?
Based on GuruFocus' analysis, Scottish Oriental Smaller Trust (The) (LSE:SST) is currently considered Significantly Undervalued. The stock's GF Value™ is £6.23, compared to a current price of £2.71 — trading 56.5% below its estimated fair value. The current PB Ratio is 8.91, which is 924% above median its 10-year median of 0.87 and 837.9% above the Asset Management industry median of 0.95. Scottish Oriental Smaller Trust (The)'s overall GF Score™ is 53/100 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 Scottish Oriental Smaller Trust (The) (LSE:SST), the current PB Ratio is 8.91 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 Scottish Oriental Smaller Trust (The) (LSE:SST) Overvalued in 2026?

Based on GuruFocus' analysis, Scottish Oriental Smaller Trust (The) stock appears to be undervalued. The current stock price of £2.71 is trading 56.5% below its estimated GF Value™ of £6.23. GuruFocus considers Scottish Oriental Smaller Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:SST:

  • PB Ratio: 8.91 (924% above median its 10-year median of 0.87)
  • GF Value™: £6.23 vs. price of £2.71 (56.5% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 837.9% above the Asset Management median (#1568 of 1604)

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


Scottish Oriental Smaller Trust (The) Business Description

Address 28 Walker Street, Edinburgh, GBR, EH3 7HR
Scottish Oriental Smaller Companies Trust (The) PLC is a investment trusts in the Asian equity category with a specialist focus on smaller companies. The objective of the Company is to achieve long-term capital growth by carefully selecting quality companies with franchises at reasonable valuations.
53GF Score

Get the complete analysis for LSE:SST

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

£2.71
Price
£6.23
GF Value