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Quercus TFIWAR:QRS +3.68%97 PB Ratio is 3.95 as of Jul. 21, 2026, which is 15% above its 10-year median of 3.43. GuruFocus rates WAR:QRS with a GF Score™ of 97/100 and a GF Value™ of zł14.39 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,601 Asset Management companies, Quercus TFI ranks worse than 92.32% 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 (2026-07-21), Quercus TFI's share price is zł13.54. Quercus TFI's Book Value per Share for the quarter that ended in Mar. 2026 was zł3.43. Hence, Quercus TFI's PB Ratio of today is 3.95.
The historical rank and industry rank for Quercus TFI's PB Ratio or its related term are showing as below:
WAR:QRS'
s PB Ratio Range Over the Past 10 Years
Min: 1.78 Med: 3.43 Max: 9.25
Current: 3.95
During the past 13 years, Quercus TFI's highest PB Ratio was 9.25. The lowest was 1.78. And the median was 3.43.
WAR:QRS's PB Ratio is ranked worse than 92.32% of 1601
companies
in the Asset Management industry
Industry Median: 0.95
vs WAR:QRS: 3.95
During the past 12 months, Quercus TFI's average Book Value Per Share Growth Rate was 45.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Quercus TFI was 48.20% per year. The lowest was 0.30% per year. And the median was 15.50% per year.
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.
Quercus TFI PB Ratio Related Terms
Quercus TFI PB Ratio Historical Data
* Premium members only.
The historical data trend for Quercus TFI'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.
For the Asset Management subindustry, Quercus TFI'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.
Quercus TFI PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Quercus TFI's PB Ratio distribution charts can be found below:
* The bar in red indicates where Quercus TFI's PB Ratio falls into.
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.
Quercus TFI's PB Ratio for today is calculated as follows:
* 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.
Quercus TFI (WAR:QRS) has a PB Ratio of 3.95 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Quercus TFI and its competitors. This is 15% above median its historical median of 3.43. Over the past decade, Quercus TFI's PB Ratio has ranged from 1.78 to 9.25. According to the industry distribution chart, Quercus TFI ranks #1478 out of 1601 companies in the Asset Management industry, placing it in the top 92.3%.
Is Quercus TFI's PB Ratio too high?
Quercus TFI's current PB Ratio of 3.95 is 15% above median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 9.25. The Asset Management industry median PB Ratio is 0.95. Quercus TFI's value of 3.95 is 315.8% above this industry median. Based on the distribution chart, Quercus TFI ranks #1478 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Quercus TFI has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #1478 out of 1601 companies for PB Ratio. This places Quercus TFI in the lower half of its industry. The industry median PB Ratio is 0.95. Quercus TFI's value of 3.95 is 315.8% above this benchmark. Historically, Quercus TFI's own PB Ratio has ranged from 1.78 to 9.25 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 0.95, Quercus TFI 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 1,601 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. Quercus TFI's current PB Ratio of 3.95 is 315.8% 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 Quercus TFI 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. Quercus TFI's current PB Ratio is 3.95, which is 15% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.39, compared to a current price of zł13.54 — trading 5.9% below its estimated fair value. The current PB Ratio is 3.95, which is 15% above median its 10-year median of 3.43 and 315.8% above the Asset Management industry median of 0.95. Quercus TFI's overall GF Score™ is 97/100 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 Quercus TFI (WAR:QRS), the current PB Ratio is 3.95 as of Jul. 21, 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 Quercus TFI (WAR:QRS) Overvalued in 2026?
Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued.
The current stock price of zł13.54 is trading 5.9% below its estimated GF Value™ of zł14.39.
GuruFocus considers Quercus TFI to be Fairly Valued.
Key valuation signals for WAR:QRS:
PB Ratio: 3.95 (15% above median its 10-year median of 3.43)
GF Value™: zł14.39 vs. price of zł13.54 (5.9% below fair value)
Industry Position: 315.8% above the Asset Management median (#1478 of 1601)
No single metric tells the full story. See the WAR:QRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
97GF Score
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