GAM Holding AG (XSWX:GAM) PB Ratio: 2.49 (As of Jun. 24, 2026) — 261% Above Median


What is GAM Holding AG PB Ratio?

GAM Holding AG XSWX:GAM PB Ratio is 2.49 as of Jun. 24, 2026, which is 261% above its 10-year median of 0.69. The stock has 6 warning signs investors should review. Among 1,606 Asset Management companies, GAM Holding AG ranks worse than 88.23% 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 (2026-06-24), GAM Holding AG's share price is CHF0.0672. GAM Holding AG's Book Value per Share for the quarter that ended in Dec. 2025 was CHF0.03. Hence, GAM Holding AG's PB Ratio of today is 2.49.

The historical rank and industry rank for GAM Holding AG's PB Ratio or its related term are showing as below:

XSWX:GAM' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.69   Max: 5.43
Current: 2.49

During the past 13 years, GAM Holding AG's highest PB Ratio was 5.43. The lowest was 0.24. And the median was 0.69.

XSWX:GAM's PB Ratio is ranked worse than
88.23% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs XSWX:GAM: 2.49

During the past 12 months, GAM Holding AG's average Book Value Per Share Growth Rate was -71.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -66.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -59.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -42.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GAM Holding AG was 4.60% per year. The lowest was -66.20% per year. And the median was -21.70% per year.

Back to Basics: PB Ratio


GAM Holding AG  (XSWX:GAM) 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.


GAM Holding AG PB Ratio Related Terms


GAM Holding AG PB Ratio Historical Data

* Premium members only.

The historical data trend for GAM Holding AG'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.

GAM Holding AG PB Ratio Chart

GAM Holding AG 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 0.44 0.92 0.94 0.93 5.43

GAM Holding AG 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 0.94 0.81 0.93 1.59 5.43

XSWX:GAM vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, GAM Holding AG'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.


GAM Holding AG PB Ratio vs Asset Management Industry

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

* The bar in red indicates where GAM Holding AG's PB Ratio falls into.



GAM Holding AG 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.

GAM Holding AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.0672/0.027
=2.49

* 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 2.49 mean?
GAM Holding AG (XSWX:GAM) has a PB Ratio of 2.49 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GAM Holding AG and its competitors. This is 261% above median its historical median of 0.69. Over the past decade, GAM Holding AG's PB Ratio has ranged from 0.24 to 5.43. According to the industry distribution chart, GAM Holding AG ranks #1417 out of 1606 companies in the Asset Management industry, placing it in the top 88.2%.
Is GAM Holding AG's PB Ratio too high?
GAM Holding AG's current PB Ratio of 2.49 is 261% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 5.43. The Asset Management industry median PB Ratio is 0.95. GAM Holding AG's value of 2.49 is 162.1% above this industry median. Based on the distribution chart, GAM Holding AG ranks #1417 out of 1606 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does GAM Holding AG's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, GAM Holding AG ranks #1417 out of 1606 companies for PB Ratio. This places GAM Holding AG in the lower half of its industry. The industry median PB Ratio is 0.95. GAM Holding AG's value of 2.49 is 162.1% above this benchmark. Historically, GAM Holding AG's own PB Ratio has ranged from 0.24 to 5.43 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.95, GAM Holding AG 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 1,606 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. GAM Holding AG's current PB Ratio of 2.49 is 162.1% 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 GAM Holding AG 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. GAM Holding AG's current PB Ratio is 2.49, which is 261% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAM Holding AG stock overvalued right now?
Based on GuruFocus' analysis, GAM Holding AG (XSWX:GAM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF0.01, compared to a current price of CHF0.07 — trading 572% above its estimated fair value. The current PB Ratio is 2.49, which is 261% above median its 10-year median of 0.69 and 162.1% above the Asset Management industry median of 0.95. 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 GAM Holding AG (XSWX:GAM), the current PB Ratio is 2.49 as of Jun. 24, 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.

GAM Holding AG Business Description

Other Exchanges GAMz:UK0QN3:UKGAD:Germany
Address Hardstrasse 201, Zurich, CHE, CH-8005
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients.The company offers risk-rated, flexible solution, absolute return strategies across an array of asset classes and strategies. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.