PIM (Putnam Master Intermediateome Trust) PB Ratio: 0.94 (As of Jun. 25, 2026) — Near Median


PIM Putnam Master Intermediate Income Trust PIM
52 GF Score
Price $3.17
GF Value $3.28
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Putnam Master Intermediateome Trust PB Ratio?

Putnam Master Intermediateome Trust PIM +0.63% 52 PB Ratio is 0.94 as of Jun. 25, 2026, which is at its 10-year median of 0.94. GuruFocus rates PIM with a GF Score™ of 52/100 and a GF Value™ of $3.28 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,607 Asset Management companies, Putnam Master Intermediateome Trust ranks better than 52.58% 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), Putnam Master Intermediateome Trust's share price is $3.17. Putnam Master Intermediateome Trust's Book Value per Share for the quarter that ended in Mar. 2026 was $3.39. Hence, Putnam Master Intermediateome Trust's PB Ratio of today is 0.94.

Warning Sign:

Putnam Master Intermediate Income Trust stock PB Ratio (=0.94) is close to 10-year high of 1.04.

The historical rank and industry rank for Putnam Master Intermediateome Trust's PB Ratio or its related term are showing as below:

PIM' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.94   Max: 1.04
Current: 0.94

During the past 9 years, Putnam Master Intermediateome Trust's highest PB Ratio was 1.04. The lowest was 0.75. And the median was 0.94.

PIM's PB Ratio is ranked better than
52.58% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs PIM: 0.94

During the past 12 months, Putnam Master Intermediateome Trust's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Putnam Master Intermediateome Trust was -0.50% per year. The lowest was -10.00% per year. And the median was -5.65% per year.

Back to Basics: PB Ratio


Putnam Master Intermediateome Trust  (NYSE:PIM) 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.


Putnam Master Intermediateome Trust PB Ratio Related Terms


Putnam Master Intermediateome Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Putnam Master Intermediateome Trust'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.

Putnam Master Intermediateome Trust PB Ratio Chart

Putnam Master Intermediateome Trust Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.00 0.92 0.91 0.97 0.99

Putnam Master Intermediateome Trust Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.93 0.97 0.97 0.99 0.96

PIM vs BCV, MHF, IGA: PB Ratio Comparison

For the Asset Management subindustry, Putnam Master Intermediateome Trust'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.


Putnam Master Intermediateome Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Master Intermediateome Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Putnam Master Intermediateome Trust's PB Ratio falls into.


PIM
52GF Score
Putnam Master Intermediate Income Trust PIM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Putnam Master Intermediateome Trust 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.

Putnam Master Intermediateome Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.17/3.389
=0.94

* 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 0.94 mean?
Putnam Master Intermediateome Trust (PIM) 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 Putnam Master Intermediateome Trust and its competitors. This is near median its historical median of 0.94. Over the past decade, Putnam Master Intermediateome Trust's PB Ratio has ranged from 0.75 to 1.04. According to the industry distribution chart, Putnam Master Intermediateome Trust ranks #762 out of 1607 companies in the Asset Management industry, placing it in the top 47.4%.
Is Putnam Master Intermediateome Trust's PB Ratio too high?
Putnam Master Intermediateome Trust's current PB Ratio of 0.94 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.04. The Asset Management industry median PB Ratio is 0.95. Putnam Master Intermediateome Trust's value of 0.94 is 1.1% below this industry median. Based on the distribution chart, Putnam Master Intermediateome Trust ranks #762 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Putnam Master Intermediateome Trust has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Putnam Master Intermediateome Trust's PB Ratio compare to BCV and MHF?
According to the Asset Management industry distribution chart, Putnam Master Intermediateome Trust ranks #762 out of 1607 companies for PB Ratio. This puts Putnam Master Intermediateome Trust in the upper half of its industry. The industry median PB Ratio is 0.95. Putnam Master Intermediateome Trust's value of 0.94 is 1.1% below this benchmark. Historically, Putnam Master Intermediateome Trust's own PB Ratio has ranged from 0.75 to 1.04 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.95, Putnam Master Intermediateome Trust 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. Putnam Master Intermediateome Trust'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 Putnam Master Intermediateome Trust 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. Putnam Master Intermediateome Trust's current PB Ratio is 0.94, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Putnam Master Intermediateome Trust stock overvalued right now?
Based on GuruFocus' analysis, Putnam Master Intermediateome Trust (PIM) is currently considered Fairly Valued. The stock's GF Value™ is $3.28, compared to a current price of $3.17 — trading 3.4% below its estimated fair value. The current PB Ratio is 0.94, which is near median its 10-year median of 0.94 and 1.1% below the Asset Management industry median of 0.95. Putnam Master Intermediateome Trust's overall GF Score™ is 52/100 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 Putnam Master Intermediateome Trust (PIM), 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.

Is Putnam Master Intermediateome Trust (PIM) Overvalued in 2026?

Based on GuruFocus' analysis, Putnam Master Intermediateome Trust stock appears to be undervalued. The current stock price of $3.17 is trading 3.4% below its estimated GF Value™ of $3.28. GuruFocus considers Putnam Master Intermediateome Trust to be Fairly Valued.

Key valuation signals for PIM:

  • PB Ratio: 0.94 (near median its 10-year median of 0.94)
  • GF Value™: $3.28 vs. price of $3.17 (3.4% below fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 1.1% below the Asset Management median (#762 of 1607)

No single metric tells the full story. See the PIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Putnam Master Intermediateome Trust Business Description

Address 100 Federal Street, Boston, MA, USA, 02110
Putnam Master Intermediate Income Trust is a closed-end fund. Its investment objective is to provide high current income and relative stability of net asset value. The fund pursues its goal by investing in U.S. high-grade, high-yield, and international fixed-income securities with limited maturities. The fund's portfolio includes the United States Government and agency mortgage obligations; mortgage-backed securities; corporate bonds and notes, and foreign government and agency bonds and notes.
52GF Score

Get the complete analysis for PIM

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.17
Price
$3.28
GF Value