Putnam Premierome TrustPPT -0.29%46 PB Ratio is 0.92 as of Jul. 03, 2026, which is 2% below its 10-year median of 0.94. GuruFocus rates PPT with a GF Score™ of 46/100 and a GF Value™ of $5.07 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,600 Asset Management companies, Putnam Premierome Trust ranks better than 59.37% on this metric.
Putnam Premier Income Trust stock PB Ratio (=0.92) is close to 10-year high of 1.02.
The historical rank and industry rank for Putnam Premierome Trust's PB Ratio or its related term are showing as below:
PPT'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 0.94 Max: 1.02
Current: 0.92
During the past 9 years, Putnam Premierome Trust's highest PB Ratio was 1.02. The lowest was 0.74. And the median was 0.94.
PPT's PB Ratio is ranked better than 59.37% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs PPT: 0.92
During the past 12 months, Putnam Premierome Trust's average Book Value Per Share Growth Rate was -0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Putnam Premierome Trust was -2.60% per year. The lowest was -8.90% per year. And the median was -6.05% per year.
Back to Basics: PB Ratio
Putnam Premierome Trust (NYSE:PPT) 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, Putnam Premierome 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 Premierome Trust PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Putnam Premierome Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Putnam Premierome Trust'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.
Putnam Premierome Trust (PPT) has a PB Ratio of 0.92 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Putnam Premierome Trust and its competitors. This is near median its historical median of 0.94. Over the past decade, Putnam Premierome Trust's PB Ratio has ranged from 0.74 to 1.02. According to the industry distribution chart, Putnam Premierome Trust ranks #650 out of 1600 companies in the Asset Management industry, placing it in the top 40.6%.
Is Putnam Premierome Trust's PB Ratio too high?
Putnam Premierome Trust's current PB Ratio of 0.92 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.02. The Asset Management industry median PB Ratio is 0.96. Putnam Premierome Trust's value of 0.92 is 4.2% below this industry median. Based on the distribution chart, Putnam Premierome Trust ranks #650 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, Putnam Premierome Trust has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Putnam Premierome Trust's PB Ratio compare to RFMZ and AFB?
According to the Asset Management industry distribution chart, Putnam Premierome Trust ranks #650 out of 1600 companies for PB Ratio. This puts Putnam Premierome Trust in the upper half of its industry. The industry median PB Ratio is 0.96. Putnam Premierome Trust's value of 0.92 is 4.2% below this benchmark. Historically, Putnam Premierome Trust's own PB Ratio has ranged from 0.74 to 1.02 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.96, Putnam Premierome 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 0.96, based on 1,600 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 Premierome Trust's current PB Ratio of 0.92 is 4.2% 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 Premierome Trust and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Putnam Premierome Trust's current PB Ratio is 0.92, 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 Premierome Trust stock overvalued right now?
Based on GuruFocus' analysis, Putnam Premierome Trust (PPT) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.07, compared to a current price of $3.46 — trading 31.8% below its estimated fair value. The current PB Ratio is 0.92, which is near median its 10-year median of 0.94 and 4.2% below the Asset Management industry median of 0.96. Putnam Premierome Trust's overall GF Score™ is 46/100 with 5 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 Premierome Trust (PPT), the current PB Ratio is 0.92 as of Jul. 03, 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 Premierome Trust (PPT) Overvalued in 2026?
Based on GuruFocus' analysis, Putnam Premierome Trust stock appears to be undervalued.
The current stock price of $3.46 is trading 31.8% below its estimated GF Value™ of $5.07.
GuruFocus considers Putnam Premierome Trust to be Significantly Undervalued.
Key valuation signals for PPT:
PB Ratio: 0.92 (near median its 10-year median of 0.94)
GF Value™: $5.07 vs. price of $3.46 (31.8% below fair value)
Industry Position: 4.2% below the Asset Management median (#650 of 1600)
No single metric tells the full story. See the PPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Putnam Premier Income Trust is a closed-end fixed income fund that prominently invests in U.S. government, agency, high-yield, and international fixed income securities. The fund aims to provide high current income while preserving capital by diversifying across multiple bond markets beyond traditional benchmarks. Its portfolio includes various sectors such as investment-grade and high-yield corporate bonds, mortgage-backed securities, bank loans, and emerging market debt. Revenue for the trust is generated through interest income and capital gains from its investments in a fixed fund, which operates on the New York Stock Exchange and focuses on managing a diverse range of fixed-income assets across various countries.
46GF Score
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