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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.
Sound Point Meridian Capital PB Ratio Related Terms
Sound Point Meridian Capital 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.
Sound Point Meridian Capital PB Ratio Chart
Sound Point Meridian Capital Annual Data
Trend
Dec23
Mar26
PB Ratio
0.00
0.93
Sound Point Meridian Capital Semi-Annual Data
Dec23
Sep25
Mar26
PB Ratio
0.00
0.00
0.93
SPMC vs DMB, ETX, FT: PB Ratio Comparison
For the Asset Management subindustry, Sound Point Meridian 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.
Sound Point Meridian Capital PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sound Point Meridian Capital's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sound Point Meridian Capital'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.
Sound Point Meridian Capital (SPMC) has a PB Ratio of 1.09 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sound Point Meridian Capital and its competitors. According to the industry distribution chart, Sound Point Meridian Capital ranks #1132 out of 1600 companies in the Asset Management industry, placing it in the top 70.7%.
Is Sound Point Meridian Capital's PB Ratio too high?
Sound Point Meridian Capital's current PB Ratio is 1.09. The Asset Management industry median PB Ratio is 0.96. Sound Point Meridian Capital's value of 1.09 is 13.5% above this industry median. Based on the distribution chart, Sound Point Meridian Capital ranks #1132 out of 1600 companies in the Asset Management industry, which is below the industry midpoint. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's PB Ratio compare to DMB and ETX?
According to the Asset Management industry distribution chart, Sound Point Meridian Capital ranks #1132 out of 1600 companies for PB Ratio. This places Sound Point Meridian Capital in the lower half of its industry. The industry median PB Ratio is 0.96. Sound Point Meridian Capital's value of 1.09 is 13.5% 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 0.96, 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. Sound Point Meridian Capital's current PB Ratio of 1.09 is 13.5% 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 Sound Point Meridian Capital 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. Sound Point Meridian Capital's current PB Ratio is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current PB Ratio of 1.09. The current PB Ratio is 1.09 and 13.5% above the Asset Management industry median of 0.96. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current PB Ratio is 1.09 as of Jul. 15, 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.
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
11GF Score
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