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The historical rank and industry rank for Whitefield Industrials's Price-to-Tangible-Book or its related term are showing as below:
ASX:WHF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 1.02 Max: 1.12
Current: 0.89
During the past 13 years, Whitefield Industrials's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.81. And the median was 1.02.
ASX:WHF's Price-to-Tangible-Book is ranked better than 58.15% of 1522
companies
in the Asset Management industry
Industry Median: 0.92
vs ASX:WHF: 0.89
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.
Whitefield Industrials Price-to-Tangible-Book Related Terms
Whitefield Industrials Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Whitefield Industrials'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.
ASX:WHF vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Whitefield Industrials'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.
Whitefield Industrials Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Whitefield Industrials's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Whitefield Industrials'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.
Whitefield Industrials (ASX:WHF) has a Price-to-Tangible-Book of 0.89 as of Sep. 22, 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 Whitefield Industrials and its competitors. According to the industry distribution chart, Whitefield Industrials ranks #637 out of 1522 companies in the Asset Management industry, placing it in the top 41.9%.
Is Whitefield Industrials' Price-to-Tangible-Book too high?
Whitefield Industrials' current Price-to-Tangible-Book is 0.89. The Asset Management industry median Price-to-Tangible-Book is 0.92. Whitefield Industrials' value of 0.89 is 3.3% below this industry median. Based on the distribution chart, Whitefield Industrials ranks #637 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Whitefield Industrials has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Whitefield Industrials' Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, Whitefield Industrials ranks #637 out of 1522 companies for Price-to-Tangible-Book. This puts Whitefield Industrials in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.92. Whitefield Industrials' value of 0.89 is 3.3% below 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 0.92, based on 1,522 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. Whitefield Industrials's current Price-to-Tangible-Book of 0.89 is 3.3% below 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 Whitefield Industrials and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitefield Industrials's current Price-to-Tangible-Book is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitefield Industrials stock overvalued right now?
Based on GuruFocus' analysis, Whitefield Industrials (ASX:WHF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.48, compared to a current price of A$4.75 — trading 13.3% below its estimated fair value. The current Price-to-Tangible-Book is 0.89 and 3.3% below the Asset Management industry median of 0.92. Whitefield Industrials' overall GF Score™ is 69/100 with 3 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 Whitefield Industrials (ASX:WHF), the current Price-to-Tangible-Book is 0.89 as of Sep. 22, 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 Whitefield Industrials (ASX:WHF) Overvalued in 2026?
Based on GuruFocus' analysis, Whitefield Industrials stock appears to be undervalued.
The current stock price of A$4.75 is trading 13.3% below its estimated GF Value™ of A$5.48.
GuruFocus considers Whitefield Industrials to be Modestly Undervalued.
Key valuation signals for ASX:WHF:
Price-to-Tangible-Book: 0.89
GF Value™: A$5.48 vs. price of A$4.75 (13.3% below fair value)
Industry Position: 3.3% below the Asset Management median (#637 of 1522)
No single metric tells the full story. See the ASX:WHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitefield Industrials Ltd is an investment company. The company is engaged in investing in companies and trusts. It operates in one segment namely, the Securities industry. The company derives revenue from dividend income, interest income, and the sale of its investment portfolio.
69GF Score
Get the complete analysis for ASX:WHF
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