Pinetree Capital (STU:PI1) PB Ratio: 1.18 (As of Jun. 26, 2026) — 20% Above Median


STU:PI1 Pinetree Capital Ltd STU:PI1
43 GF Score
Price €5.45
GF Value €0.16
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pinetree Capital PB Ratio?

Pinetree Capital STU:PI1 +0.93% 43 PB Ratio is 1.18 as of Jun. 26, 2026, which is 20% above its 10-year median of 0.98. GuruFocus rates STU:PI1 with a GF Score™ of 43/100 and a GF Value™ of €0.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,604 Asset Management companies, Pinetree Capital ranks worse than 75% 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 (2026-06-26), Pinetree Capital's share price is €5.45. Pinetree Capital's Book Value per Share for the quarter that ended in Mar. 2026 was €4.61. Hence, Pinetree Capital's PB Ratio of today is 1.18.

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

STU:PI1' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.98   Max: 2.25
Current: 1.24

During the past 13 years, Pinetree Capital's highest PB Ratio was 2.25. The lowest was 0.43. And the median was 0.98.

STU:PI1's PB Ratio is ranked worse than
75% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs STU:PI1: 1.24

During the past 12 months, Pinetree Capital's average Book Value Per Share Growth Rate was -22.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pinetree Capital was 93.50% per year. The lowest was -65.20% per year. And the median was 5.00% per year.

Back to Basics: PB Ratio


Pinetree Capital  (STU:PI1) 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.


Pinetree Capital PB Ratio Related Terms


Pinetree Capital PB Ratio Historical Data

* Premium members only.

The historical data trend for Pinetree Capital'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.

Pinetree Capital PB Ratio Chart

Pinetree Capital 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 1.36 0.91 0.73 1.15 1.19

Pinetree Capital 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 1.47 1.72 1.29 1.19 1.11

STU:PI1 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Pinetree 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.


Pinetree Capital PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Pinetree Capital's PB Ratio falls into.


STU:PI1
43GF Score
Pinetree Capital Ltd STU:PI1
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pinetree Capital 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.

Pinetree Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.45/4.606
=1.18

* 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 1.18 mean?
Pinetree Capital (STU:PI1) has a PB Ratio of 1.18 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pinetree Capital and its competitors. This is 20% above median its historical median of 0.98. Over the past decade, Pinetree Capital's PB Ratio has ranged from 0.43 to 2.25. According to the industry distribution chart, Pinetree Capital ranks #1203 out of 1604 companies in the Asset Management industry, placing it in the top 75%.
Is Pinetree Capital's PB Ratio too high?
Pinetree Capital's current PB Ratio of 1.18 is 20% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.25. The Asset Management industry median PB Ratio is 0.95. Pinetree Capital's value of 1.18 is 24.2% above this industry median. Based on the distribution chart, Pinetree Capital ranks #1203 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pinetree Capital has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pinetree Capital's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Pinetree Capital ranks #1203 out of 1604 companies for PB Ratio. This places Pinetree Capital in the lower half of its industry. The industry median PB Ratio is 0.95. Pinetree Capital's value of 1.18 is 24.2% above this benchmark. Historically, Pinetree Capital's own PB Ratio has ranged from 0.43 to 2.25 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.95, Pinetree Capital 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 1,604 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. Pinetree Capital's current PB Ratio of 1.18 is 24.2% 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 Pinetree Capital 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. Pinetree Capital's current PB Ratio is 1.18, which is 20% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinetree Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinetree Capital (STU:PI1) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.16, compared to a current price of €5.45 — trading 3306.3% above its estimated fair value. The current PB Ratio is 1.18, which is 20% above median its 10-year median of 0.98 and 24.2% above the Asset Management industry median of 0.95. Pinetree Capital's overall GF Score™ is 43/100 with 3 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 Pinetree Capital (STU:PI1), the current PB Ratio is 1.18 as of Jun. 26, 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 Pinetree Capital (STU:PI1) Overvalued in 2026?

Based on GuruFocus' analysis, Pinetree Capital stock appears to be overvalued. The current stock price of €5.45 is trading 3306.3% above its estimated GF Value™ of €0.16. GuruFocus considers Pinetree Capital to be Significantly Overvalued.

Key valuation signals for STU:PI1:

  • PB Ratio: 1.18 (20% above median its 10-year median of 0.98)
  • GF Value™: €0.16 vs. price of €5.45 (3306.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 24.2% above the Asset Management median (#1203 of 1604)

No single metric tells the full story. See the STU:PI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinetree Capital Business Description

Other Exchanges PNPFF:USAPNP:Canada
Address 49 Leuty Avenue, Toronto, ON, CAN, M4E 2R2
Pinetree Capital Ltd is a value-oriented investment company focused on enterprise software and technology. The Company operates mainly in Canada.
43GF Score

Get the complete analysis for STU:PI1

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

€5.45
Price
€0.16
GF Value