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Principal Real Estateome FundPGZ +0.31%32 PB Ratio is 0.85 as of Sep. 10, 2026, which is 3% below its 10-year median of 0.88. GuruFocus rates PGZ with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 1,582 Asset Management companies, Principal Real Estateome Fund ranks better than 69.09% on this metric.
Principal Real Estate Income Fund stock PB Ratio (=0.85) is close to 2-year low of 0.82.
The historical rank and industry rank for Principal Real Estateome Fund's PB Ratio or its related term are showing as below:
PGZ'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.88 Max: 1.15
Current: 0.85
During the past 9 years, Principal Real Estateome Fund's highest PB Ratio was 1.15. The lowest was 0.41. And the median was 0.88.
PGZ's PB Ratio is ranked better than 69.09% of 1582
companies
in the Asset Management industry
Industry Median: 0.93
vs PGZ: 0.85
During the past 12 months, Principal Real Estateome Fund'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 -3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Principal Real Estateome Fund was -3.10% per year. The lowest was -17.60% per year. And the median was -10.70% 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.
Principal Real Estateome Fund PB Ratio Related Terms
Principal Real Estateome Fund 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.
For the Asset Management subindustry, Principal Real Estateome 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.
Principal Real Estateome Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Principal Real Estateome Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Principal Real Estateome Fund's PB Ratio falls into.
Principal Real Estateome 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.
* 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.
Principal Real Estateome Fund (PGZ) has a PB Ratio of 0.85 as of Sep. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Principal Real Estateome Fund and its competitors. This is near median its historical median of 0.88. Over the past decade, Principal Real Estateome Fund's PB Ratio has ranged from 0.41 to 1.15. According to the industry distribution chart, Principal Real Estateome Fund ranks #489 out of 1582 companies in the Asset Management industry, placing it in the top 30.9%.
Is Principal Real Estateome Fund's PB Ratio too high?
Principal Real Estateome Fund's current PB Ratio of 0.85 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.15. The Asset Management industry median PB Ratio is 0.93. Principal Real Estateome Fund's value of 0.85 is 8.6% below this industry median. Based on the distribution chart, Principal Real Estateome Fund ranks #489 out of 1582 companies in the Asset Management industry, which is above the industry midpoint. Overall, Principal Real Estateome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Principal Real Estateome Fund's PB Ratio compare to PCM and GEG?
According to the Asset Management industry distribution chart, Principal Real Estateome Fund ranks #489 out of 1582 companies for PB Ratio. This puts Principal Real Estateome Fund in the upper half of its industry. The industry median PB Ratio is 0.93. Principal Real Estateome Fund's value of 0.85 is 8.6% below this benchmark. Historically, Principal Real Estateome Fund's own PB Ratio has ranged from 0.41 to 1.15 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.93, Principal Real Estateome 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 0.93, based on 1,582 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. Principal Real Estateome Fund's current PB Ratio of 0.85 is 8.6% 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 Principal Real Estateome Fund and its competitors. For the Asset Management industry, the median PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Principal Real Estateome Fund's current PB Ratio is 0.85, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Principal Real Estateome Fund stock overvalued right now?
Principal Real Estateome Fund (PGZ) has a current PB Ratio of 0.85. The current PB Ratio is 0.85, which is near median its 10-year median of 0.88 and 8.6% below the Asset Management industry median of 0.93. Principal Real Estateome Fund's overall GF Score™ is 32/100 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 Principal Real Estateome Fund (PGZ), the current PB Ratio is 0.85 as of Sep. 10, 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.
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities. The company does its investments in USA, Australia, Japan, France, Great Britain, Canada, Hong Kong, Singapore, South Korea, British Virgin Islands and more.
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