Pcm FundPCM +0.36%29 PB Ratio is 0.94 as of Jun. 25, 2026, which is 17% below its 10-year median of 1.13. GuruFocus rates PCM with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,607 Asset Management companies, Pcm Fund ranks better than 55.57% 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), Pcm Fund's share price is $5.5399. Pcm Fund's Book Value per Share for the quarter that ended in Dec. 2025 was $5.92. Hence, Pcm Fund's PB Ratio of today is 0.94.
Good Sign:
Pcm Fund Inc stock PB Ratio (=0.93) is close to 5-year low of 0.92.
The historical rank and industry rank for Pcm Fund's PB Ratio or its related term are showing as below:
PCM'
s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.13 Max: 1.47
Current: 0.94
During the past 8 years, Pcm Fund's highest PB Ratio was 1.47. The lowest was 0.70. And the median was 1.13.
PCM's PB Ratio is ranked better than 55.57% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs PCM: 0.94
During the past 12 months, Pcm Fund's average Book Value Per Share Growth Rate was -3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.60% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Pcm Fund was -2.40% per year. The lowest was -13.00% per year. And the median was -8.10% 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.
Pcm Fund PB Ratio Related Terms
Pcm Fund PB Ratio Historical Data
* Premium members only.
The historical data trend for Pcm 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.
For the Asset Management subindustry, Pcm 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.
Pcm Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pcm Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pcm 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.
Pcm Fund's PB Ratio for today is calculated as follows:
* 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.
Pcm Fund (PCM) has a PB Ratio of 0.94 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 Pcm Fund and its competitors. This is 17% below median its historical median of 1.13. Over the past decade, Pcm Fund's PB Ratio has ranged from 0.70 to 1.47. According to the industry distribution chart, Pcm Fund ranks #714 out of 1607 companies in the Asset Management industry, placing it in the top 44.4%.
Is Pcm Fund's PB Ratio too high?
Pcm Fund's current PB Ratio of 0.94 is 17% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.47. The Asset Management industry median PB Ratio is 0.95. Pcm Fund's value of 0.94 is 1.1% below this industry median. Based on the distribution chart, Pcm Fund ranks #714 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Pcm Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Pcm Fund's PB Ratio compare to VLT and GEG?
According to the Asset Management industry distribution chart, Pcm Fund ranks #714 out of 1607 companies for PB Ratio. This puts Pcm Fund in the upper half of its industry. The industry median PB Ratio is 0.95. Pcm Fund's value of 0.94 is 1.1% below this benchmark. Historically, Pcm Fund's own PB Ratio has ranged from 0.70 to 1.47 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.95, Pcm 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. Pcm Fund's current PB Ratio of 0.94 is 1.1% 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 Pcm 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. Pcm Fund's current PB Ratio is 0.94, which is 17% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pcm Fund stock overvalued right now?
Pcm Fund (PCM) has a current PB Ratio of 0.94. The current PB Ratio is 0.94, which is 17% below median its 10-year median of 1.13 and 1.1% below the Asset Management industry median of 0.95. Pcm Fund's overall GF Score™ is 29/100 with 3 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 Pcm Fund (PCM), the current PB Ratio is 0.94 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.
Pcm Fund Inc is a closed-end investment management company. Its investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests in agency-guaranteed mortgage-backed securities, private-label mortgage-backed securities, high-yield corporate debt securities, and commercial mortgage-backed securities.
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