What is BLACKROCK MUNIYIELD QUALITY FUND III, PB Ratio?
BLACKROCK MUNIYIELD QUALITY FUND III,MYI -0.27%36 PB Ratio is 0.92 as of Jun. 26, 2026, which is 2% above its 10-year median of 0.90. GuruFocus rates MYI with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,607 Asset Management companies, BLACKROCK MUNIYIELD QUALITY FUND III, ranks better than 55.57% on this metric.
MYI's PB Ratio is ranked better than 55.57% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs MYI: 0.92
During the past 12 months, BLACKROCK MUNIYIELD QUALITY FUND III,'s average Book Value Per Share Growth Rate was -2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.00% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of BLACKROCK MUNIYIELD QUALITY FUND III, was 3.80% per year. The lowest was -7.20% per year. And the median was -4.50% per year.
Back to Basics: PB Ratio
BLACKROCK MUNIYIELD QUALITY FUND III, (NYSE:MYI) PB Ratio Explanation
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 MUNIYIELD QUALITY FUND III, PB Ratio Related Terms
BLACKROCK MUNIYIELD QUALITY FUND III, PB Ratio Historical Data
* 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 MUNIYIELD QUALITY FUND III, PB Ratio Chart
For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'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 MUNIYIELD QUALITY FUND III, PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s PB Ratio distribution charts can be found below:
* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s PB Ratio falls into.
BLACKROCK MUNIYIELD QUALITY FUND III, 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.
* 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.
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a PB Ratio of 0.92 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 BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors. This is near median its historical median of 0.90. Over the past decade, BLACKROCK MUNIYIELD QUALITY FUND III,'s PB Ratio has ranged from 0.71 to 1.01. According to the industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #714 out of 1607 companies in the Asset Management industry, placing it in the top 44.4%.
Is BLACKROCK MUNIYIELD QUALITY FUND III,'s PB Ratio too high?
BLACKROCK MUNIYIELD QUALITY FUND III,'s current PB Ratio of 0.92 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.01. The Asset Management industry median PB Ratio is 0.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 0.92 is 3.2% below this industry median. Based on the distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #714 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, BLACKROCK MUNIYIELD QUALITY FUND III, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BLACKROCK MUNIYIELD QUALITY FUND III,'s PB Ratio compare to CCD and BTO?
According to the Asset Management industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #714 out of 1607 companies for PB Ratio. This puts BLACKROCK MUNIYIELD QUALITY FUND III, in the upper half of its industry. The industry median PB Ratio is 0.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 0.92 is 3.2% below this benchmark. Historically, BLACKROCK MUNIYIELD QUALITY FUND III,'s own PB Ratio has ranged from 0.71 to 1.01 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.95, BLACKROCK MUNIYIELD QUALITY FUND III, 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 MUNIYIELD QUALITY FUND III,'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 MUNIYIELD QUALITY FUND III, 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 MUNIYIELD QUALITY FUND III,'s current PB Ratio is 0.92, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLACKROCK MUNIYIELD QUALITY FUND III, stock overvalued right now?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a current PB Ratio of 0.92. The current PB Ratio is 0.92, which is near median its 10-year median of 0.90 and 3.2% below the Asset Management industry median of 0.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s overall GF Score™ is 36/100 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 BLACKROCK MUNIYIELD QUALITY FUND III, (MYI), the current PB Ratio is 0.92 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.
BLACKROCK MUNIYIELD QUALITY FUND III, Business Description
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes, as is consistent with its investment policies and prudent investment management. The fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
36GF Score
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