The Carlyle GroupMEX:CG 52 PB Ratio is 2.68 as of Jun. 30, 2026, which is 35% below its 10-year median of 4.13. GuruFocus rates MEX:CG with a GF Score™ of 52/100 and a GF Value™ of MXN988.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,600 Asset Management companies, The Carlyle Group ranks worse than 89.25% 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), The Carlyle Group's share price is MXN727.00. The Carlyle Group's Book Value per Share for the quarter that ended in Mar. 2026 was MXN270.79. Hence, The Carlyle Group's PB Ratio of today is 2.68.
Good Sign:
The Carlyle Group Inc stock PB Ratio (=2.7) is close to 1-year low of 2.7.
The historical rank and industry rank for The Carlyle Group's PB Ratio or its related term are showing as below:
MEX:CG'
s PB Ratio Range Over the Past 10 Years
Min: 1.51 Med: 4.13 Max: 18.92
Current: 2.7
During the past 13 years, The Carlyle Group's highest PB Ratio was 18.92. The lowest was 1.51. And the median was 4.13.
MEX:CG's PB Ratio is ranked worse than 89.25% of 1600
companies
in the Asset Management industry
Industry Median: 0.95
vs MEX:CG: 2.70
During the past 12 months, The Carlyle Group's average Book Value Per Share Growth Rate was -2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 38.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Carlyle Group was 112.80% per year. The lowest was -28.70% per year. And the median was 1.90% 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.
The Carlyle Group PB Ratio Related Terms
The Carlyle Group PB Ratio Historical Data
* Premium members only.
The historical data trend for The Carlyle Group'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, The Carlyle Group'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.
The Carlyle Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Carlyle Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Carlyle Group'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.
* 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.
The Carlyle Group (MEX:CG) has a PB Ratio of 2.68 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 The Carlyle Group and its competitors. This is 35% below median its historical median of 4.13. Over the past decade, The Carlyle Group's PB Ratio has ranged from 1.51 to 18.92. According to the industry distribution chart, The Carlyle Group ranks #1428 out of 1600 companies in the Asset Management industry, placing it in the top 89.2%.
Is The Carlyle Group's PB Ratio too high?
The Carlyle Group's current PB Ratio of 2.68 is 35% below median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 18.92. The Asset Management industry median PB Ratio is 0.95. The Carlyle Group's value of 2.68 is 182.1% above this industry median. Based on the distribution chart, The Carlyle Group ranks #1428 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, The Carlyle Group has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Carlyle Group's PB Ratio compare to ARCC and CRBG?
According to the Asset Management industry distribution chart, The Carlyle Group ranks #1428 out of 1600 companies for PB Ratio. This places The Carlyle Group in the lower half of its industry. The industry median PB Ratio is 0.95. The Carlyle Group's value of 2.68 is 182.1% above this benchmark. Historically, The Carlyle Group's own PB Ratio has ranged from 1.51 to 18.92 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 0.95, The Carlyle Group 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. The Carlyle Group's current PB Ratio of 2.68 is 182.1% 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 The Carlyle Group 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. The Carlyle Group's current PB Ratio is 2.68, which is 35% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Carlyle Group stock overvalued right now?
Based on GuruFocus' analysis, The Carlyle Group (MEX:CG) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN988.11, compared to a current price of MXN727.00 — trading 26.4% below its estimated fair value. The current PB Ratio is 2.68, which is 35% below median its 10-year median of 4.13 and 182.1% above the Asset Management industry median of 0.95. The Carlyle Group's overall GF Score™ is 52/100 with 7 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 The Carlyle Group (MEX:CG), the current PB Ratio is 2.68 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 The Carlyle Group (MEX:CG) Overvalued in 2026?
Based on GuruFocus' analysis, The Carlyle Group stock appears to be undervalued.
The current stock price of MXN727.00 is trading 26.4% below its estimated GF Value™ of MXN988.11.
GuruFocus considers The Carlyle Group to be Modestly Undervalued.
Key valuation signals for MEX:CG:
PB Ratio: 2.68 (35% below median its 10-year median of 4.13)
GF Value™: MXN988.11 vs. price of MXN727.00 (26.4% below fair value)
Industry Position: 182.1% above the Asset Management median (#1428 of 1600)
No single metric tells the full story. See the MEX:CG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlyle Group is one of the world's largest alternative-asset managers, with $476.9 billion in total AUM, including $336.8 billion in fee-earning AUM, at the end of 2025. The company has three core business segments: global private equity, which includes its private equity, real estate, infrastructure, and natural resources offerings (with $163.6 billion in total AUM and $101.4 billion in fee-earning AUM), global credit ($211.3 billion/$169.5 billion), and investment/fund solutions, known as Carlyle AlphInvest ($101.0 billion/$65.9 billion). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 3,100 active carry fund investors from 87 countries.
52GF Score
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