BlackstoneMEX:BX 68 PB Ratio is 17.46 as of Jun. 30, 2026, which is 120% above its 10-year median of 7.92. GuruFocus rates MEX:BX with a GF Score™ of 68/100 and a GF Value™ of MXN3,750.32 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,600 Asset Management companies, Blackstone ranks worse than 99% 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 (2026-06-30), Blackstone's share price is MXN2141.87. Blackstone's Book Value per Share for the quarter that ended in Mar. 2026 was MXN122.71. Hence, Blackstone's PB Ratio of today is 17.46.
The historical rank and industry rank for Blackstone's PB Ratio or its related term are showing as below:
MEX:BX'
s PB Ratio Range Over the Past 10 Years
Min: 2.39 Med: 7.92 Max: 21.81
Current: 16.88
During the past 13 years, Blackstone's highest PB Ratio was 21.81. The lowest was 2.39. And the median was 7.92.
MEX:BX's PB Ratio is ranked worse than 99% of 1600
companies
in the Asset Management industry
Industry Median: 0.95
vs MEX:BX: 16.88
During the past 12 months, Blackstone's average Book Value Per Share Growth Rate was -34.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone was 22.40% per year. The lowest was -13.60% per year. And the median was -0.70% 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.
Blackstone PB Ratio Related Terms
Blackstone PB Ratio Historical Data
* Premium members only.
The historical data trend for Blackstone'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.
For the Asset Management subindustry, Blackstone'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.
Blackstone PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone's PB Ratio distribution charts can be found below:
* The bar in red indicates where Blackstone'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.
Blackstone's PB Ratio for today is calculated as follows:
* 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.
Blackstone (MEX:BX) has a PB Ratio of 17.46 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blackstone and its competitors. This is 120% above median its historical median of 7.92. Over the past decade, Blackstone's PB Ratio has ranged from 2.39 to 21.81. According to the industry distribution chart, Blackstone ranks #1584 out of 1600 companies in the Asset Management industry, placing it in the top 99%.
Is Blackstone's PB Ratio too high?
Blackstone's current PB Ratio of 17.46 is 120% above median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 21.81. The Asset Management industry median PB Ratio is 0.95. Blackstone's value of 17.46 is 1737.9% above this industry median. Based on the distribution chart, Blackstone ranks #1584 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackstone has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone's PB Ratio compare to BLK and KKR?
According to the Asset Management industry distribution chart, Blackstone ranks #1584 out of 1600 companies for PB Ratio. This places Blackstone in the lower half of its industry. The industry median PB Ratio is 0.95. Blackstone's value of 17.46 is 1737.9% above this benchmark. Historically, Blackstone's own PB Ratio has ranged from 2.39 to 21.81 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 0.95, Blackstone 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 1,600 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. Blackstone's current PB Ratio of 17.46 is 1737.9% 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 Blackstone 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. Blackstone's current PB Ratio is 17.46, which is 120% above median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone stock overvalued right now?
Based on GuruFocus' analysis, Blackstone (MEX:BX) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,750.32, compared to a current price of MXN2,141.87 — trading 42.9% below its estimated fair value. The current PB Ratio is 17.46, which is 120% above median its 10-year median of 7.92 and 1737.9% above the Asset Management industry median of 0.95. Blackstone's overall GF Score™ is 68/100 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 Blackstone (MEX:BX), the current PB Ratio is 17.46 as of Jun. 30, 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 Blackstone (MEX:BX) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone stock appears to be undervalued.
The current stock price of MXN2,141.87 is trading 42.9% below its estimated GF Value™ of MXN3,750.32.
GuruFocus considers Blackstone to be Significantly Undervalued.
Key valuation signals for MEX:BX:
PB Ratio: 17.46 (120% above median its 10-year median of 7.92)
GF Value™: MXN3,750.32 vs. price of MXN2,141.87 (42.9% below fair value)
Industry Position: 1737.9% above the Asset Management median (#1584 of 1600)
No single metric tells the full story. See the MEX:BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone is the world's largest alternative-asset manager with $1.304 trillion in total assets under management, including $937.6 billion in fee-earning assets under management, at the end of March 2026. The company operates with scale in each of its major product lines: private equity (27% of fee-earning AUM and 34% of base management fees), real estate/real assets (30% and 33%), credit and insurance (33% and 26%), and other alternatives (10% and 7%). While the firm primarily serves institutional investors (84% of AUM), it also caters to clients in the high-net-worth channel (16%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
68GF Score
Get the complete analysis for MEX:BX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:BX has been successfully added to your 
