MHD (Blackrock Muniholdings Fund) PB Ratio: 0.92 (As of Jun. 25, 2026) — Near Median


MHD Blackrock Muniholdings Fund Inc MHD
34 GF Score
Price $11.74
! 5 Warning Signs
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What is Blackrock Muniholdings Fund PB Ratio?

Blackrock Muniholdings Fund MHD -0.04% 34 PB Ratio is 0.92 as of Jun. 25, 2026, which is 1% below its 10-year median of 0.93. GuruFocus rates MHD with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,607 Asset Management companies, Blackrock Muniholdings Fund ranks better than 57.56% 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 (2026-06-25), Blackrock Muniholdings Fund's share price is $11.735. Blackrock Muniholdings Fund's Book Value per Share for the quarter that ended in Jan. 2026 was $12.83. Hence, Blackrock Muniholdings Fund's PB Ratio of today is 0.92.

Warning Sign:

Blackrock Muniholdings Fund Inc stock PB Ratio (=0.92) is close to 5-year high of 1.

The historical rank and industry rank for Blackrock Muniholdings Fund's PB Ratio or its related term are showing as below:

MHD' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.93   Max: 1.1
Current: 0.91

During the past 8 years, Blackrock Muniholdings Fund's highest PB Ratio was 1.10. The lowest was 0.73. And the median was 0.93.

MHD's PB Ratio is ranked better than
57.56% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs MHD: 0.91

During the past 12 months, Blackrock Muniholdings Fund's average Book Value Per Share Growth Rate was -3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackrock Muniholdings Fund was 1.80% per year. The lowest was -7.70% per year. And the median was -4.90% per year.

Back to Basics: PB Ratio


Blackrock Muniholdings Fund  (NYSE:MHD) 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.


Blackrock Muniholdings Fund PB Ratio Related Terms


Blackrock Muniholdings Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Blackrock Muniholdings Fund'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.

Blackrock Muniholdings Fund PB Ratio Chart

Blackrock Muniholdings Fund Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial 0.94 0.90 0.87 0.88 0.92

Blackrock Muniholdings Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.87 0.88 0.91 0.92 0.93

MHD vs LDP, FAX, NMCO: PB Ratio Comparison

For the Asset Management subindustry, Blackrock Muniholdings Fund'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.


Blackrock Muniholdings Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniholdings Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Muniholdings Fund's PB Ratio falls into.


MHD
34GF Score
Blackrock Muniholdings Fund Inc MHD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Muniholdings Fund 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.

Blackrock Muniholdings Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=11.735/12.825
=0.92

* 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 0.92 mean?
Blackrock Muniholdings Fund (MHD) has a PB Ratio of 0.92 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blackrock Muniholdings Fund and its competitors. This is near median its historical median of 0.93. Over the past decade, Blackrock Muniholdings Fund's PB Ratio has ranged from 0.73 to 1.10. According to the industry distribution chart, Blackrock Muniholdings Fund ranks #682 out of 1607 companies in the Asset Management industry, placing it in the top 42.4%.
Is Blackrock Muniholdings Fund's PB Ratio too high?
Blackrock Muniholdings Fund's current PB Ratio of 0.92 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.10. The Asset Management industry median PB Ratio is 0.95. Blackrock Muniholdings Fund's value of 0.92 is 3.2% below this industry median. Based on the distribution chart, Blackrock Muniholdings Fund ranks #682 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackrock Muniholdings Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniholdings Fund's PB Ratio compare to LDP and FAX?
According to the Asset Management industry distribution chart, Blackrock Muniholdings Fund ranks #682 out of 1607 companies for PB Ratio. This puts Blackrock Muniholdings Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Blackrock Muniholdings Fund's value of 0.92 is 3.2% below this benchmark. Historically, Blackrock Muniholdings Fund's own PB Ratio has ranged from 0.73 to 1.10 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.95, Blackrock Muniholdings Fund 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 1,607 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. Blackrock Muniholdings Fund's current PB Ratio of 0.92 is 3.2% 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 Blackrock Muniholdings Fund 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. Blackrock Muniholdings Fund's current PB Ratio is 0.92, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniholdings Fund stock overvalued right now?
Blackrock Muniholdings Fund (MHD) has a current PB Ratio of 0.92. The current PB Ratio is 0.92, which is near median its 10-year median of 0.93 and 3.2% below the Asset Management industry median of 0.95. Blackrock Muniholdings Fund's overall GF Score™ is 34/100 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 Blackrock Muniholdings Fund (MHD), the current PB Ratio is 0.92 as of Jun. 25, 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.

Blackrock Muniholdings Fund Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniholdings Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes. The fund mainly invests its managed assets in municipal bonds rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment. Its investment portfolio is mainly comprised of long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund can also invest directly in such securities or synthetically through the use of derivatives.
34GF Score

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$11.74
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