IGM Financial (STU:C7G) PB Ratio: 2.14 (As of Jul. 11, 2026) — 26% Above Median


STU:C7G IGM Financial Inc STU:C7G
80 GF Score
Price €52.00
GF Value €31.34
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial PB Ratio?

IGM Financial STU:C7G +4.00% 80 PB Ratio is 2.14 as of Jul. 11, 2026, which is 26% above its 10-year median of 1.70. GuruFocus rates STU:C7G with a GF Score™ of 80/100 and a GF Value™ of €31.34 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,602 Asset Management companies, IGM Financial ranks worse than 85.77% 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 (2026-07-11), IGM Financial's share price is €52.00. IGM Financial's Book Value per Share for the quarter that ended in Mar. 2026 was €24.25. Hence, IGM Financial's PB Ratio of today is 2.14.

Warning Sign:

IGM Financial Inc stock PB Ratio (=2.11) is close to 10-year high of 2.31.

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

STU:C7G' s PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.7   Max: 2.31
Current: 2.19

During the past 13 years, IGM Financial's highest PB Ratio was 2.31. The lowest was 1.14. And the median was 1.70.

STU:C7G's PB Ratio is ranked worse than
85.77% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs STU:C7G: 2.19

During the past 12 months, IGM Financial's average Book Value Per Share Growth Rate was 15.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IGM Financial was 29.80% per year. The lowest was -0.40% per year. And the median was 9.85% per year.

Back to Basics: PB Ratio


IGM Financial  (STU:C7G) 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.


IGM Financial PB Ratio Related Terms


IGM Financial PB Ratio Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial PB Ratio Chart

IGM Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.44 1.22 1.38 1.63

IGM Financial 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 1.31 1.21 1.33 1.63 1.69

STU:C7G vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial PB Ratio vs Asset Management Industry

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

* The bar in red indicates where IGM Financial's PB Ratio falls into.


STU:C7G
80GF Score
IGM Financial Inc STU:C7G
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGM Financial 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.

IGM Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=52.00/24.247
=2.14

* 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 2.14 mean?
IGM Financial (STU:C7G) has a PB Ratio of 2.14 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IGM Financial and its competitors. This is 26% above median its historical median of 1.70. Over the past decade, IGM Financial's PB Ratio has ranged from 1.14 to 2.31. According to the industry distribution chart, IGM Financial ranks #1374 out of 1602 companies in the Asset Management industry, placing it in the top 85.8%.
Is IGM Financial's PB Ratio too high?
IGM Financial's current PB Ratio of 2.14 is 26% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 2.31. The Asset Management industry median PB Ratio is 0.95. IGM Financial's value of 2.14 is 125.3% above this industry median. Based on the distribution chart, IGM Financial ranks #1374 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, IGM Financial has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #1374 out of 1602 companies for PB Ratio. This places IGM Financial in the lower half of its industry. The industry median PB Ratio is 0.95. IGM Financial's value of 2.14 is 125.3% above this benchmark. Historically, IGM Financial's own PB Ratio has ranged from 1.14 to 2.31 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.95, IGM Financial 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 0.95, 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. IGM Financial's current PB Ratio of 2.14 is 125.3% 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 IGM Financial 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. IGM Financial's current PB Ratio is 2.14, which is 26% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (STU:C7G) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.34, compared to a current price of €52.00 — trading 65.9% above its estimated fair value. The current PB Ratio is 2.14, which is 26% above median its 10-year median of 1.70 and 125.3% above the Asset Management industry median of 0.95. IGM Financial's overall GF Score™ is 80/100 with 9 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 IGM Financial (STU:C7G), the current PB Ratio is 2.14 as of Jul. 11, 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 IGM Financial (STU:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €52.00 is trading 65.9% above its estimated GF Value™ of €31.34. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for STU:C7G:

  • PB Ratio: 2.14 (26% above median its 10-year median of 1.70)
  • GF Value™: €31.34 vs. price of €52.00 (65.9% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 125.3% above the Asset Management median (#1374 of 1602)

No single metric tells the full story. See the STU:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Other Exchanges IGIFF:USAIGM:Canada
Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
80GF Score

Get the complete analysis for STU:C7G

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

€52.00
Price
€31.34
GF Value