Hamilton Lane (STU:1M0) PB Ratio: 3.89 (As of Jul. 13, 2026) — 60% Below Median


STU:1M0 Hamilton Lane Inc STU:1M0
77 GF Score
Price €70.50
GF Value €135.88
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hamilton Lane PB Ratio?

Hamilton Lane STU:1M0 77 PB Ratio is 3.89 as of Jul. 13, 2026, which is 60% below its 10-year median of 9.67. GuruFocus rates STU:1M0 with a GF Score™ of 77/100 and a GF Value™ of €135.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,602 Asset Management companies, Hamilton Lane ranks worse than 91.76% 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 (2026-07-13), Hamilton Lane's share price is €70.50. Hamilton Lane's Book Value per Share for the quarter that ended in Mar. 2026 was €18.12. Hence, Hamilton Lane's PB Ratio of today is 3.89.

Good Sign:

Hamilton Lane Inc stock PB Ratio (=3.87) is close to 10-year low of 3.71.

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

STU:1M0' s PB Ratio Range Over the Past 10 Years
Min: 3.71   Med: 9.67   Max: 15.2
Current: 3.87

During the past 13 years, Hamilton Lane's highest PB Ratio was 15.20. The lowest was 3.71. And the median was 9.67.

STU:1M0's PB Ratio is ranked worse than
91.76% of 1602 companies
in the Asset Management industry
Industry Median: 0.96 vs STU:1M0: 3.87

During the past 12 months, Hamilton Lane's average Book Value Per Share Growth Rate was 27.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hamilton Lane was 32.20% per year. The lowest was 1.00% per year. And the median was 24.75% per year.

Back to Basics: PB Ratio


Hamilton Lane  (STU:1M0) 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.


Hamilton Lane PB Ratio Related Terms


Hamilton Lane PB Ratio Historical Data

* Premium members only.

The historical data trend for Hamilton Lane'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.

Hamilton Lane PB Ratio Chart

Hamilton Lane Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 6.72 8.56 8.92 4.72

Hamilton Lane 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 8.92 7.87 7.31 6.75 4.72

STU:1M0 vs AB, NEA, GBDC: PB Ratio Comparison

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Hamilton Lane's PB Ratio falls into.


STU:1M0
77GF Score
Hamilton Lane Inc STU:1M0
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamilton Lane 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.

Hamilton Lane's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=70.50/18.117
=3.89

* 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 3.89 mean?
Hamilton Lane (STU:1M0) has a PB Ratio of 3.89 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hamilton Lane and its competitors. This is 60% below median its historical median of 9.67. Over the past decade, Hamilton Lane's PB Ratio has ranged from 3.71 to 15.20. According to the industry distribution chart, Hamilton Lane ranks #1470 out of 1602 companies in the Asset Management industry, placing it in the top 91.8%.
Is Hamilton Lane's PB Ratio too high?
Hamilton Lane's current PB Ratio of 3.89 is 60% below median its 10-year median of 9.67. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 15.20. The Asset Management industry median PB Ratio is 0.96. Hamilton Lane's value of 3.89 is 305.2% above this industry median. Based on the distribution chart, Hamilton Lane ranks #1470 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Hamilton Lane has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Lane's PB Ratio compare to AB and NEA?
According to the Asset Management industry distribution chart, Hamilton Lane ranks #1470 out of 1602 companies for PB Ratio. This places Hamilton Lane in the lower half of its industry. The industry median PB Ratio is 0.96. Hamilton Lane's value of 3.89 is 305.2% above this benchmark. Historically, Hamilton Lane's own PB Ratio has ranged from 3.71 to 15.20 over the past decade. While the company's 10-year median is 9.67 vs. the industry median of 0.96, Hamilton Lane has consistently been above 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 1,602 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. Hamilton Lane's current PB Ratio of 3.89 is 305.2% 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 Hamilton Lane 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. Hamilton Lane's current PB Ratio is 3.89, which is 60% below median its own 10-year median of 9.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Lane stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Lane (STU:1M0) is currently considered Significantly Undervalued. The stock's GF Value™ is €135.88, compared to a current price of €70.50 — trading 48.1% below its estimated fair value. The current PB Ratio is 3.89, which is 60% below median its 10-year median of 9.67 and 305.2% above the Asset Management industry median of 0.96. Hamilton Lane's overall GF Score™ is 77/100 with 2 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 Hamilton Lane (STU:1M0), the current PB Ratio is 3.89 as of Jul. 13, 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 Hamilton Lane (STU:1M0) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Lane stock appears to be undervalued. The current stock price of €70.50 is trading 48.1% below its estimated GF Value™ of €135.88. GuruFocus considers Hamilton Lane to be Significantly Undervalued.

Key valuation signals for STU:1M0:

  • PB Ratio: 3.89 (60% below median its 10-year median of 9.67)
  • GF Value™: €135.88 vs. price of €70.50 (48.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 305.2% above the Asset Management median (#1470 of 1602)

No single metric tells the full story. See the STU:1M0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Lane Business Description

Other Exchanges HLNE:USA
Address 110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private markets investment firm globally, providing solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 750 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East. It has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets. The group specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors, and geographies.
77GF Score

Get the complete analysis for STU:1M0

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

€70.50
Price
€135.88
GF Value