Generation Development Group (ASX:GDG) Price-to-Tangible-Book: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:GDG Generation Development Group Ltd ASX:GDG
45 GF Score
Price A$3.01
GF Value A$5.58
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Generation Development Group Price-to-Tangible-Book?

As of today (2026-09-22), Generation Development Group's share price is A$3.01. Generation Development Group's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$-0.02. Hence, Generation Development Group's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Generation Development Group's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Generation Development Group's highest Price to Tangible Book Ratio was 9.48. The lowest was 3.04. And the median was 4.26.

ASX:GDG's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Generation Development Group's share price is A$3.01. Generation Development Group's Book Value per Sharefor the quarter that ended in Jun. 2026 was A$1.83. Hence, Generation Development Group's P/B Ratio of today is 1.65.

Be Aware

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.

Generation Development Group Price-to-Tangible-Book Related Terms

Generation Development Group Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Generation Development Group's Price-to-Tangible-Book 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.

Generation Development Group Price-to-Tangible-Book Chart

Generation Development Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 4.26 3.36 - -

Generation Development Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Price-to-Tangible-Book 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 3.36 - - - -

ASX:GDG vs BLK, BX, KKR: Price-to-Tangible-Book Comparison

For the Asset Management subindustry, Generation Development Group'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.

Generation Development Group Price-to-Tangible-Book vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Generation Development Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Generation Development Group's Price-to-Tangible-Book falls into.


ASX:GDG
45GF Score
Generation Development Group Ltd ASX:GDG
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Generation Development Group Price-to-Tangible-Book Calculation

Generation Development Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=3.01/-0.022
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

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.

Is Generation Development Group (ASX:GDG) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Development Group stock appears to be undervalued. The current stock price of A$3.01 is trading 46.1% below its estimated GF Value™ of A$5.58. GuruFocus considers Generation Development Group to be Possible Value Trap.

Key valuation signals for ASX:GDG:

  • Price-to-Tangible-Book:
  • GF Value™: A$5.58 vs. price of A$3.01 (46.1% below fair value)
  • GF Score™: 45/100 with 4 warning signs

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

Generation Development Group Business Description

Address 447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000
Founded in 1991, Generation originally operated as a pooled development fund, focusing on providing capital to businesses in financial services. Today, the firm is structured across three key business lines within wealth management. The first is through Generation Life, the market leader in investment bonds by in-flows, which offers tax-effective products, including investment bonds and annuities. The second business line is Lonsec, a prominent research and ratings provider to the Australian financial services sector, competing against Morningstar and Zenith. The third division provides managed account solutions, a result of the merger between Evidentia and Lonsec Investment Solutions, offering individually owned accounts professionally managed by experienced portfolio managers.
45GF Score

Get the complete analysis for ASX:GDG

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.01
Price
A$5.58
GF Value