MSIF (MSCome Fund) PB Ratio: 0.73 (As of Jun. 26, 2026) — 12% Above Median


MSIF MSC Income Fund Inc MSIF
49 GF Score
Price $11.62
GF Value $16.25
Valuation Modestly Undervalued
! 6 Warning Signs
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What is MSCome Fund PB Ratio?

MSCome Fund MSIF +1.57% 49 PB Ratio is 0.73 as of Jun. 26, 2026, which is 12% above its 10-year median of 0.65. GuruFocus rates MSIF with a GF Score™ of 49/100 and a GF Value™ of $16.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,604 Asset Management companies, MSCome Fund ranks better than 77.99% 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 (2026-06-26), MSCome Fund's share price is $11.62. MSCome Fund's Book Value per Share for the quarter that ended in Mar. 2026 was $15.87. Hence, MSCome Fund's PB Ratio of today is 0.73.

Good Sign:

MSC Income Fund Inc stock PB Ratio (=0.72) is close to 2-year low of 0.72.

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

MSIF' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.65   Max: 1.13
Current: 0.73

During the past 11 years, MSCome Fund's highest PB Ratio was 1.13. The lowest was 0.49. And the median was 0.65.

MSIF's PB Ratio is ranked better than
77.99% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs MSIF: 0.73

During the past 12 months, MSCome Fund's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of MSCome Fund was 2.20% per year. The lowest was -3.60% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio


MSCome Fund  (NYSE:MSIF) 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.


MSCome Fund PB Ratio Related Terms


MSCome Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for MSCome 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.

MSCome Fund PB Ratio Chart

MSCome Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.49 0.64 0.77 0.83

MSCome Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.07 1.07 0.85 0.83 0.77

MSIF vs NML, GUT, MMU: PB Ratio Comparison

For the Asset Management subindustry, MSCome 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.


MSCome Fund PB Ratio vs Asset Management Industry

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

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


MSIF
49GF Score
MSC Income Fund Inc MSIF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSCome 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.62/15.868
=0.73

* 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 0.73 mean?
MSCome Fund (MSIF) has a PB Ratio of 0.73 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 MSCome Fund and its competitors. This is 12% above median its historical median of 0.65. Over the past decade, MSCome Fund's PB Ratio has ranged from 0.49 to 1.13. According to the industry distribution chart, MSCome Fund ranks #353 out of 1604 companies in the Asset Management industry, placing it in the top 22%.
Is MSCome Fund's PB Ratio too high?
MSCome Fund's current PB Ratio of 0.73 is 12% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.13. The Asset Management industry median PB Ratio is 0.95. MSCome Fund's value of 0.73 is 23.2% below this industry median. Based on the distribution chart, MSCome Fund ranks #353 out of 1604 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, MSCome Fund has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSCome Fund's PB Ratio compare to NML and GUT?
According to the Asset Management industry distribution chart, MSCome Fund ranks #353 out of 1604 companies for PB Ratio. This places MSCome Fund in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. MSCome Fund's value of 0.73 is 23.2% below this benchmark. Historically, MSCome Fund's own PB Ratio has ranged from 0.49 to 1.13 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.95, MSCome 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 1,604 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. MSCome Fund's current PB Ratio of 0.73 is 23.2% 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 MSCome 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. MSCome Fund's current PB Ratio is 0.73, which is 12% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSCome Fund stock overvalued right now?
Based on GuruFocus' analysis, MSCome Fund (MSIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.25, compared to a current price of $11.62 — trading 28.5% below its estimated fair value. The current PB Ratio is 0.73, which is 12% above median its 10-year median of 0.65 and 23.2% below the Asset Management industry median of 0.95. MSCome Fund's overall GF Score™ is 49/100 with 6 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 MSCome Fund (MSIF), the current PB Ratio is 0.73 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 MSCome Fund (MSIF) Overvalued in 2026?

Based on GuruFocus' analysis, MSCome Fund stock appears to be undervalued. The current stock price of $11.62 is trading 28.5% below its estimated GF Value™ of $16.25. GuruFocus considers MSCome Fund to be Modestly Undervalued.

Key valuation signals for MSIF:

  • PB Ratio: 0.73 (12% above median its 10-year median of 0.65)
  • GF Value™: $16.25 vs. price of $11.62 (28.5% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 23.2% below the Asset Management median (#353 of 1604)

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


MSCome Fund Business Description

Address 1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
MSC Income Fund Inc is a non-diversified closed-end management investment company. The investment objective is to generate current income through debt and equity investments and the secondary objective is to generate long-term capital appreciation through such investments. The company invests in senior secured term loans, second lien loans, and mezzanine debt and selected equity investments issued by lower middle-market and middle-market companies.
49GF Score

Get the complete analysis for MSIF

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

$11.62
Price
$16.25
GF Value