Guardian Capital Group (TSX:GCG) PB Ratio: 1.21 (As of Jun. 25, 2026) — 13% Above Median


TSX:GCG Guardian Capital Group Ltd TSX:GCG
59 GF Score
Price C$67.97
GF Value C$66.45
! 6 Warning Signs
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What is Guardian Capital Group PB Ratio?

Guardian Capital Group TSX:GCG +0.04% 59 PB Ratio is 1.21 as of Jun. 25, 2026, which is 13% above its 10-year median of 1.07. GuruFocus rates TSX:GCG with a GF Score™ of 59/100 and a GF Value™ of C$66.45. The stock has 6 warning signs investors should review.

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 (2026-06-25), Guardian Capital Group's share price is C$67.97. Guardian Capital Group's Book Value per Share for the quarter that ended in Sep. 2025 was C$56.35. Hence, Guardian Capital Group's PB Ratio of today is 1.21.

Warning Sign:

Guardian Capital Group Ltd stock PB Ratio (=1.21) is close to 3-year high of 1.25.

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

TSX:GCG' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.07   Max: 1.45
Current: 1.21

During the past 13 years, Guardian Capital Group's highest PB Ratio was 1.45. The lowest was 0.70. And the median was 1.07.

TSX:GCG's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs TSX:GCG: 1.21

During the past 12 months, Guardian Capital Group's average Book Value Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guardian Capital Group was 23.90% per year. The lowest was 0.50% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio


Guardian Capital Group  (TSX:GCG) 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.


Guardian Capital Group PB Ratio Related Terms


Guardian Capital Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Guardian Capital Group'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.

Guardian Capital Group PB Ratio Chart

Guardian Capital Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.13 1.30 0.89 0.82

Guardian Capital Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.83 0.82 0.77 0.78 1.18

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

For the Asset Management subindustry, Guardian Capital Group'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.


Guardian Capital Group PB Ratio vs Asset Management Industry

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

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


TSX:GCG
59GF Score
Guardian Capital Group Ltd TSX:GCG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guardian Capital Group 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=67.97/56.345
=1.21

* 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 1.21 mean?
Guardian Capital Group (TSX:GCG) has a PB Ratio of 1.21 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Guardian Capital Group and its competitors. This is 13% above median its historical median of 1.07. Over the past decade, Guardian Capital Group's PB Ratio has ranged from 0.70 to 1.45.
Is Guardian Capital Group's PB Ratio too high?
Guardian Capital Group's current PB Ratio of 1.21 is 13% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.45. The Asset Management industry median PB Ratio is 0.95. Guardian Capital Group's value of 1.21 is 27.4% above this industry median. Overall, Guardian Capital Group has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Guardian Capital Group's PB Ratio compare to BLK and BX?
Guardian Capital Group's PB Ratio of 1.21 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Guardian Capital Group's value of 1.21 is 27.4% above this benchmark. Historically, Guardian Capital Group's own PB Ratio has ranged from 0.70 to 1.45 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.95, Guardian Capital Group 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 1,607 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. Guardian Capital Group's current PB Ratio of 1.21 is 27.4% 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 Guardian Capital Group 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. Guardian Capital Group's current PB Ratio is 1.21, which is 13% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guardian Capital Group stock overvalued right now?
Guardian Capital Group (TSX:GCG) has a current PB Ratio of 1.21. The stock's GF Value™ is C$66.45, compared to a current price of C$67.97 — trading 2.3% above its estimated fair value. The current PB Ratio is 1.21, which is 13% above median its 10-year median of 1.07 and 27.4% above the Asset Management industry median of 0.95. Guardian Capital Group's overall GF Score™ is 59/100 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 Guardian Capital Group (TSX:GCG), the current PB Ratio is 1.21 as of Jun. 25, 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 Guardian Capital Group (TSX:GCG) Overvalued in 2026?

Based on GuruFocus' analysis, Guardian Capital Group stock appears to be overvalued. The current stock price of C$67.97 is trading 2.3% above its estimated GF Value™ of C$66.45.

Key valuation signals for TSX:GCG:

  • PB Ratio: 1.21 (13% above median its 10-year median of 1.07)
  • GF Value™: C$66.45 vs. price of C$67.97 (2.3% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 27.4% above the Asset Management median

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


Guardian Capital Group Business Description

Address 199 Bay Street, Suite 2700, P.O. Box 201, Commerce Court West, Toronto, ON, CAN, M5L 1E8
Guardian Capital Group Ltd is a diversified financial services company. It operates in three reportable segment Investment Management and Corporate Activities and Investments. Investment Management primarily involves earning management fees relating to investment management services provided to clients; and Corporate Activities and Investments relates to the investment of the Company's securities holdings, as well as corporate management and development activities. It derives maximum revenue from Investment Management segment. Geographically, the company operates in Canada, United Kingdom, United States and others, of which it derives maximum revenue from Canada.
59GF Score

Get the complete analysis for TSX:GCG

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

C$67.97
Price
C$66.45
GF Value