Patria InvestmentsPAX +1.01%87 PB Ratio is 2.86 as of Jun. 27, 2026, which is 28% below its 10-year median of 3.98. GuruFocus rates PAX with a GF Score™ of 87/100 and a GF Value™ of $14.74 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,604 Asset Management companies, Patria Investments ranks worse than 89.71% on this metric.
Patria Investments Ltd stock PB Ratio (=2.86) is close to 10-year low of 2.86.
The historical rank and industry rank for Patria Investments's PB Ratio or its related term are showing as below:
PAX'
s PB Ratio Range Over the Past 10 Years
Min: 2.86 Med: 3.98 Max: 52.14
Current: 2.86
During the past 8 years, Patria Investments's highest PB Ratio was 52.14. The lowest was 2.86. And the median was 3.98.
PAX's PB Ratio is ranked worse than 89.71% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs PAX: 2.86
During the past 12 months, Patria Investments's average Book Value Per Share Growth Rate was 22.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Patria Investments was 104.30% per year. The lowest was -6.50% per year. And the median was 83.60% 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.
Patria Investments PB Ratio Related Terms
Patria Investments PB Ratio Historical Data
* Premium members only.
The historical data trend for Patria Investments'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, Patria Investments'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.
Patria Investments PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Patria Investments's PB Ratio distribution charts can be found below:
* The bar in red indicates where Patria Investments'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.
Patria Investments (PAX) has a PB Ratio of 2.86 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Patria Investments and its competitors. This is 28% below median its historical median of 3.98. Over the past decade, Patria Investments' PB Ratio has ranged from 2.86 to 52.14. According to the industry distribution chart, Patria Investments ranks #1439 out of 1604 companies in the Asset Management industry, placing it in the top 89.7%.
Is Patria Investments' PB Ratio too high?
Patria Investments' current PB Ratio of 2.86 is 28% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 52.14. The Asset Management industry median PB Ratio is 0.95. Patria Investments' value of 2.86 is 201.1% above this industry median. Based on the distribution chart, Patria Investments ranks #1439 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Patria Investments has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patria Investments' PB Ratio compare to PDO and NAC?
According to the Asset Management industry distribution chart, Patria Investments ranks #1439 out of 1604 companies for PB Ratio. This places Patria Investments in the lower half of its industry. The industry median PB Ratio is 0.95. Patria Investments' value of 2.86 is 201.1% above this benchmark. Historically, Patria Investments' own PB Ratio has ranged from 2.86 to 52.14 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 0.95, Patria Investments 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 1,604 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. Patria Investments's current PB Ratio of 2.86 is 201.1% 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 Patria Investments 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. Patria Investments's current PB Ratio is 2.86, which is 28% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Investments stock overvalued right now?
Based on GuruFocus' analysis, Patria Investments (PAX) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.74, compared to a current price of $10.98 — trading 25.5% below its estimated fair value. The current PB Ratio is 2.86, which is 28% below median its 10-year median of 3.98 and 201.1% above the Asset Management industry median of 0.95. Patria Investments' overall GF Score™ is 87/100 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 Patria Investments (PAX), the current PB Ratio is 2.86 as of Jun. 27, 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 Patria Investments (PAX) Overvalued in 2026?
Based on GuruFocus' analysis, Patria Investments stock appears to be undervalued.
The current stock price of $10.98 is trading 25.5% below its estimated GF Value™ of $14.74.
GuruFocus considers Patria Investments to be Modestly Undervalued.
Key valuation signals for PAX:
PB Ratio: 2.86 (28% below median its 10-year median of 3.98)
GF Value™: $14.74 vs. price of $10.98 (25.5% below fair value)
Industry Position: 201.1% above the Asset Management median (#1439 of 1604)
No single metric tells the full story. See the PAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patria Investments Ltd is an alternative asset management firm specializing in resilient sectors across select regions. It seeks to provide world-wide and Latin American investors with attractive investment products that allows portfolio diversification and consistent returns. The group promotes inclusive and sustainable development in the Asset Classes: Private Equity, Private Equity Solutions, Credit, Real Estate, Infrastructure, and Public Equities Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services Investment Regions.
87GF Score
Get the complete analysis for PAX
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
PAX has been successfully added to your 
