Pershing SquarePS +6.48%10 PB Ratio is 7.40 as of Jun. 27, 2026. GuruFocus rates PS with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 1,604 Asset Management companies, Pershing Square ranks worse than 96.51% 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 (2026-06-27), Pershing Square's share price is $31.54. Pershing Square's Book Value per Share for the quarter that ended in Dec. 2025 was $4.26. Hence, Pershing Square's PB Ratio of today is 7.40.
The historical rank and industry rank for Pershing Square's PB Ratio or its related term are showing as below:
PS'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7.4
Current: 7.4
During the past 2 years, Pershing Square's highest PB Ratio was 7.40. The lowest was 0.00. And the median was 0.00.
PS's PB Ratio is ranked worse than 96.51% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs PS: 7.40
During the past 12 months, Pershing Square's average Book Value Per Share Growth Rate was 76.30% 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.
Pershing Square PB Ratio Related Terms
Pershing Square PB Ratio Historical Data
* Premium members only.
The historical data trend for Pershing Square'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.
Pershing Square PB Ratio Chart
Pershing Square Annual Data
Trend
Dec24
Dec25
PB Ratio
0.00
0.00
Pershing Square Semi-Annual Data
Dec24
Dec25
PB Ratio
0.00
0.00
PS vs BEN, CG, PSLV: PB Ratio Comparison
For the Asset Management subindustry, Pershing Square'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.
Pershing Square PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pershing Square's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pershing Square'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.
Pershing Square'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.
Pershing Square (PS) has a PB Ratio of 7.40 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pershing Square and its competitors. According to the industry distribution chart, Pershing Square ranks #1548 out of 1604 companies in the Asset Management industry, placing it in the top 96.5%.
Is Pershing Square's PB Ratio too high?
Pershing Square's current PB Ratio is 7.40. The Asset Management industry median PB Ratio is 0.95. Pershing Square's value of 7.40 is 678.9% above this industry median. Based on the distribution chart, Pershing Square ranks #1548 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pershing Square has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square's PB Ratio compare to BEN and CG?
According to the Asset Management industry distribution chart, Pershing Square ranks #1548 out of 1604 companies for PB Ratio. This places Pershing Square in the lower half of its industry. The industry median PB Ratio is 0.95. Pershing Square's value of 7.40 is 678.9% above this benchmark. 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 1,604 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. Pershing Square's current PB Ratio of 7.40 is 678.9% above 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 Pershing Square 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. Pershing Square's current PB Ratio is 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square stock overvalued right now?
Pershing Square (PS) has a current PB Ratio of 7.40. The current PB Ratio is 7.40 and 678.9% above the Asset Management industry median of 0.95. Pershing Square's overall GF Score™ is 10/100 with 1 warning sign 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 Pershing Square (PS), the current PB Ratio is 7.40 as of Jun. 27, 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.
Address787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Pershing Square Inc is a main alternative asset manager. It employs a disciplined, research-intensive approach to fundamental value investing to preserve and grow its permanent capital at high rates of return using a set of core investment principles and opportunistic asymmetric hedges. The group generates all of its revenue from management fees and performance fees. It conductbusiness and generates all of its revenues in the United States.
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