Dividend Growth Split (TSX:DGS) PB Ratio: 1.14 (As of Jun. 26, 2026) — Near Median


TSX:DGS Dividend Growth Split Corp TSX:DGS
56 GF Score
Price C$8.69
GF Value C$10.41
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Dividend Growth Split PB Ratio?

Dividend Growth Split TSX:DGS +0.23% 56 PB Ratio is 1.14 as of Jun. 26, 2026, which is 2% above its 10-year median of 1.12. GuruFocus rates TSX:DGS with a GF Score™ of 56/100 and a GF Value™ of C$10.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,604 Asset Management companies, Dividend Growth Split ranks worse than 71.32% 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), Dividend Growth Split's share price is C$8.69. Dividend Growth Split's Book Value per Share for the quarter that ended in Dec. 2025 was C$7.63. Hence, Dividend Growth Split's PB Ratio of today is 1.14.

The historical rank and industry rank for Dividend Growth Split's PB Ratio or its related term are showing as below:

TSX:DGS' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.12   Max: 1.86
Current: 1.14

During the past 13 years, Dividend Growth Split's highest PB Ratio was 1.86. The lowest was 0.42. And the median was 1.12.

TSX:DGS's PB Ratio is ranked worse than
71.32% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs TSX:DGS: 1.14

During the past 12 months, Dividend Growth Split's average Book Value Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dividend Growth Split was 22.10% per year. The lowest was -17.50% per year. And the median was -3.95% per year.

Back to Basics: PB Ratio


Dividend Growth Split  (TSX:DGS) 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.


Dividend Growth Split PB Ratio Related Terms


Dividend Growth Split PB Ratio Historical Data

* Premium members only.

The historical data trend for Dividend Growth Split'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.

Dividend Growth Split PB Ratio Chart

Dividend Growth Split 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 1.05 1.21 0.99 1.05 1.02

Dividend Growth Split Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.99 1.10 1.05 0.97 1.02

TSX:DGS vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Dividend Growth Split'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.


Dividend Growth Split PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Dividend Growth Split's PB Ratio falls into.


TSX:DGS
56GF Score
Dividend Growth Split Corp TSX:DGS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend Growth Split 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.

Dividend Growth Split's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.69/7.626
=1.14

* 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 1.14 mean?
Dividend Growth Split (TSX:DGS) has a PB Ratio of 1.14 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 Dividend Growth Split and its competitors. This is near median its historical median of 1.12. Over the past decade, Dividend Growth Split's PB Ratio has ranged from 0.42 to 1.86. According to the industry distribution chart, Dividend Growth Split ranks #1144 out of 1604 companies in the Asset Management industry, placing it in the top 71.3%.
Is Dividend Growth Split's PB Ratio too high?
Dividend Growth Split's current PB Ratio of 1.14 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.86. The Asset Management industry median PB Ratio is 0.95. Dividend Growth Split's value of 1.14 is 20% above this industry median. Based on the distribution chart, Dividend Growth Split ranks #1144 out of 1604 companies in the Asset Management industry, which is below the industry midpoint. Overall, Dividend Growth Split has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dividend Growth Split's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Growth Split ranks #1144 out of 1604 companies for PB Ratio. This places Dividend Growth Split in the lower half of its industry. The industry median PB Ratio is 0.95. Dividend Growth Split's value of 1.14 is 20% above this benchmark. Historically, Dividend Growth Split's own PB Ratio has ranged from 0.42 to 1.86 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.95, Dividend Growth Split 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. Dividend Growth Split's current PB Ratio of 1.14 is 20% 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 Dividend Growth Split 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. Dividend Growth Split's current PB Ratio is 1.14, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Growth Split stock overvalued right now?
Based on GuruFocus' analysis, Dividend Growth Split (TSX:DGS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$10.41, compared to a current price of C$8.69 — trading 16.5% below its estimated fair value. The current PB Ratio is 1.14, which is near median its 10-year median of 1.12 and 20% above the Asset Management industry median of 0.95. Dividend Growth Split's overall GF Score™ is 56/100 with 6 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 Dividend Growth Split (TSX:DGS), the current PB Ratio is 1.14 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 Dividend Growth Split (TSX:DGS) Overvalued in 2026?

Based on GuruFocus' analysis, Dividend Growth Split stock appears to be undervalued. The current stock price of C$8.69 is trading 16.5% below its estimated GF Value™ of C$10.41. GuruFocus considers Dividend Growth Split to be Modestly Undervalued.

Key valuation signals for TSX:DGS:

  • PB Ratio: 1.14 (near median its 10-year median of 1.12)
  • GF Value™: C$10.41 vs. price of C$8.69 (16.5% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 20% above the Asset Management median (#1144 of 1604)

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


Dividend Growth Split Business Description

Other Exchanges DGS.PR.A.PFD:Canada
Address 181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Dividend Growth Split Corp is a Canada-based mutual fund corporation. The fund invests in a portfolio consisting principally of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential. The firm has the majority of its portfolio composition in the Financials and Energy sectors.
56GF Score

Get the complete analysis for TSX:DGS

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

C$8.69
Price
C$10.41
GF Value