PIAC (Princeton Capital) PB Ratio: 0.45 (As of Jun. 24, 2026) — 40% Below Median


What is Princeton Capital PB Ratio?

Princeton Capital PIAC PB Ratio is 0.45 as of Jun. 24, 2026, which is 40% below its 10-year median of 0.75. Among 1,606 Asset Management companies, Princeton Capital ranks better than 92.22% 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 (2026-06-24), Princeton Capital's share price is $0.051. Princeton Capital's Book Value per Share for the quarter that ended in Mar. 2026 was $0.11. Hence, Princeton Capital's PB Ratio of today is 0.45.

The historical rank and industry rank for Princeton Capital's PB Ratio or its related term are showing as below:

PIAC' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.75   Max: 1.94
Current: 0.45

During the past 13 years, Princeton Capital's highest PB Ratio was 1.94. The lowest was 0.27. And the median was 0.75.

PIAC's PB Ratio is ranked better than
92.22% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs PIAC: 0.45

During the past 12 months, Princeton Capital's average Book Value Per Share Growth Rate was -28.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Princeton Capital was 32.00% per year. The lowest was -42.20% per year. And the median was -6.10% per year.

Back to Basics: PB Ratio


Princeton Capital  (OTCPK:PIAC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Princeton Capital PB Ratio Related Terms


Princeton Capital PB Ratio Historical Data

* Premium members only.

The historical data trend for Princeton Capital'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.

Princeton Capital PB Ratio Chart

Princeton Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.32 0.89 0.74 0.57

Princeton Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.43 0.41 0.57 0.53

PIAC vs TWAV, CWD, ALP: PB Ratio Comparison

For the Asset Management subindustry, Princeton Capital'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.


Princeton Capital PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Princeton Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Princeton Capital's PB Ratio falls into.



Princeton Capital 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.

Princeton Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.051/0.113
=0.45

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.45 mean?
Princeton Capital (PIAC) has a PB Ratio of 0.45 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Princeton Capital and its competitors. This is 40% below median its historical median of 0.75. Over the past decade, Princeton Capital's PB Ratio has ranged from 0.27 to 1.94. According to the industry distribution chart, Princeton Capital ranks #125 out of 1606 companies in the Asset Management industry, placing it in the top 7.8%.
Is Princeton Capital's PB Ratio too high?
Princeton Capital's current PB Ratio of 0.45 is 40% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.94. The Asset Management industry median PB Ratio is 0.95. Princeton Capital's value of 0.45 is 52.6% below this industry median. Based on the distribution chart, Princeton Capital ranks #125 out of 1606 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does Princeton Capital's PB Ratio compare to TWAV and CWD?
According to the Asset Management industry distribution chart, Princeton Capital ranks #125 out of 1606 companies for PB Ratio. This places Princeton Capital in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. Princeton Capital's value of 0.45 is 52.6% below this benchmark. Historically, Princeton Capital's own PB Ratio has ranged from 0.27 to 1.94 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.95, Princeton Capital 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 1,606 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. Princeton Capital's current PB Ratio of 0.45 is 52.6% 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 Princeton Capital 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. Princeton Capital's current PB Ratio is 0.45, which is 40% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Princeton Capital stock overvalued right now?
Princeton Capital (PIAC) has a current PB Ratio of 0.45. The current PB Ratio is 0.45, which is 40% below median its 10-year median of 0.75 and 52.6% below the Asset Management industry median of 0.95. 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 Princeton Capital (PIAC), the current PB Ratio is 0.45 as of Jun. 24, 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.

Princeton Capital Business Description

Address 800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845
Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in private small and lower middle-market companies. While the company has sought to invest predominantly in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche ,and mezzanine debt financing, often with a corresponding equity investment, the company is now investing only in current investments and otherwise conserving cash.