Highome Securities FundPCF -0.74%35 PB Ratio is 0.81 as of Jun. 26, 2026, which is 10% below its 10-year median of 0.90. GuruFocus rates PCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,604 Asset Management companies, Highome Securities Fund ranks better than 71.2% on this metric.
High Income Securities Fund stock PB Ratio (=0.81) is close to 5-year low of 0.77.
The historical rank and industry rank for Highome Securities Fund's PB Ratio or its related term are showing as below:
PCF'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.9 Max: 1.15
Current: 0.81
During the past 9 years, Highome Securities Fund's highest PB Ratio was 1.15. The lowest was 0.57. And the median was 0.90.
PCF's PB Ratio is ranked better than 71.2% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs PCF: 0.81
During the past 12 months, Highome Securities Fund's average Book Value Per Share Growth Rate was -6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Highome Securities Fund was -1.30% per year. The lowest was -7.40% per year. And the median was -4.05% per year.
Back to Basics: PB Ratio
Highome Securities Fund (NYSE:PCF) 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.
* 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, Highome Securities 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.
Highome Securities Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Highome Securities Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Highome Securities Fund'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.
Highome Securities Fund (PCF) has a PB Ratio of 0.81 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 Highome Securities Fund and its competitors. This is 10% below median its historical median of 0.90. Over the past decade, Highome Securities Fund's PB Ratio has ranged from 0.57 to 1.15. According to the industry distribution chart, Highome Securities Fund ranks #462 out of 1604 companies in the Asset Management industry, placing it in the top 28.8%.
Is Highome Securities Fund's PB Ratio too high?
Highome Securities Fund's current PB Ratio of 0.81 is 10% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.15. The Asset Management industry median PB Ratio is 0.95. Highome Securities Fund's value of 0.81 is 14.7% below this industry median. Based on the distribution chart, Highome Securities Fund ranks #462 out of 1604 companies in the Asset Management industry, which is above the industry midpoint. Overall, Highome Securities Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Highome Securities Fund's PB Ratio compare to ERH and PGP?
According to the Asset Management industry distribution chart, Highome Securities Fund ranks #462 out of 1604 companies for PB Ratio. This puts Highome Securities Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Highome Securities Fund's value of 0.81 is 14.7% below this benchmark. Historically, Highome Securities Fund's own PB Ratio has ranged from 0.57 to 1.15 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.95, Highome Securities 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. Highome Securities Fund's current PB Ratio of 0.81 is 14.7% 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 Highome Securities 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. Highome Securities Fund's current PB Ratio is 0.81, which is 10% below 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 Highome Securities Fund stock overvalued right now?
Highome Securities Fund (PCF) has a current PB Ratio of 0.81. The current PB Ratio is 0.81, which is 10% below median its 10-year median of 0.90 and 14.7% below the Asset Management industry median of 0.95. Highome Securities Fund's overall GF Score™ is 35/100 with 1 warning sign 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 Highome Securities Fund (PCF), the current PB Ratio is 0.81 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.
High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective mainly by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.
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