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The historical rank and industry rank for Artisan Partners Asset Management's Price-to-Tangible-Book or its related term are showing as below:
APAM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.54 Med: 10.2 Max: 19.14
Current: 8.06
During the past 13 years, Artisan Partners Asset Management's highest Price to Tangible Book Ratio was 19.14. The lowest was 6.54. And the median was 10.20.
APAM's Price-to-Tangible-Book is ranked worse than 95.42% of 1530
companies
in the Asset Management industry
Industry Median: 0.95
vs APAM: 8.06
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Artisan Partners Asset Management Price-to-Tangible-Book Related Terms
Artisan Partners Asset Management Price-to-Tangible-Book Historical Data
* 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.
APAM vs EXG, JTCPF, UTF: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Artisan Partners Asset Management's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Artisan Partners Asset Management Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Artisan Partners Asset Management's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Artisan Partners Asset Management (APAM) has a Price-to-Tangible-Book of 8.06 as of Sep. 01, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Artisan Partners Asset Management and its competitors. According to the industry distribution chart, Artisan Partners Asset Management ranks #1460 out of 1530 companies in the Asset Management industry, placing it in the top 95.4%.
Is Artisan Partners Asset Management's Price-to-Tangible-Book too high?
Artisan Partners Asset Management's current Price-to-Tangible-Book is 8.06. The Asset Management industry median Price-to-Tangible-Book is 0.95. Artisan Partners Asset Management's value of 8.06 is 748.4% above this industry median. Based on the distribution chart, Artisan Partners Asset Management ranks #1460 out of 1530 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Artisan Partners Asset Management has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's Price-to-Tangible-Book compare to EXG and JTCPF?
According to the Asset Management industry distribution chart, Artisan Partners Asset Management ranks #1460 out of 1530 companies for Price-to-Tangible-Book. This places Artisan Partners Asset Management in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.95. Artisan Partners Asset Management's value of 8.06 is 748.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.95, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artisan Partners Asset Management's current Price-to-Tangible-Book of 8.06 is 748.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Artisan Partners Asset Management and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artisan Partners Asset Management's current Price-to-Tangible-Book is 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artisan Partners Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.68, compared to a current price of $42.25 — trading 11.4% below its estimated fair value. The current Price-to-Tangible-Book is 8.06 and 748.4% above the Asset Management industry median of 0.95. Artisan Partners Asset Management's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Artisan Partners Asset Management (APAM), the current Price-to-Tangible-Book is 8.06 as of Sep. 01, 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 Artisan Partners Asset Management (APAM) Overvalued in 2026?
Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued.
The current stock price of $42.25 is trading 11.4% below its estimated GF Value™ of $47.68.
GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.
Key valuation signals for APAM:
Price-to-Tangible-Book: 8.06
GF Value™: $47.68 vs. price of $42.25 (11.4% below fair value)
Industry Position: 748.4% above the Asset Management median (#1460 of 1530)
No single metric tells the full story. See the APAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artisan Partners Asset Management Inc is a investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.
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