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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.
Capital Southwest Price-to-Tangible-Book Related Terms
Capital Southwest Price-to-Tangible-Book Historical Data
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The historical data trend for Capital Southwest'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.
CSWC vs CET, GAM, RQI: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Capital Southwest'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.
Capital Southwest Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Capital Southwest's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Capital Southwest'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.
Capital Southwest (CSWC) has a Price-to-Tangible-Book of 1.54 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 Capital Southwest and its competitors. According to the industry distribution chart, Capital Southwest ranks #1220 out of 1530 companies in the Asset Management industry, placing it in the top 79.7%.
Is Capital Southwest's Price-to-Tangible-Book too high?
Capital Southwest's current Price-to-Tangible-Book is 1.54. The Asset Management industry median Price-to-Tangible-Book is 0.95. Capital Southwest's value of 1.54 is 62.1% above this industry median. Based on the distribution chart, Capital Southwest ranks #1220 out of 1530 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Capital Southwest has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capital Southwest's Price-to-Tangible-Book compare to CET and GAM?
According to the Asset Management industry distribution chart, Capital Southwest ranks #1220 out of 1530 companies for Price-to-Tangible-Book. This places Capital Southwest in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.95. Capital Southwest's value of 1.54 is 62.1% 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. Capital Southwest's current Price-to-Tangible-Book of 1.54 is 62.1% 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 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 Capital Southwest 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. Capital Southwest's current Price-to-Tangible-Book is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Southwest stock overvalued right now?
Based on GuruFocus' analysis, Capital Southwest (CSWC) is currently considered Fairly Valued. The stock's GF Value™ is $24.54, compared to a current price of $25.57 — trading 4.2% above its estimated fair value. The current Price-to-Tangible-Book is 1.54 and 62.1% above the Asset Management industry median of 0.95. Capital Southwest's overall GF Score™ is 59/100 with 11 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 Capital Southwest (CSWC), the current Price-to-Tangible-Book is 1.54 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 Capital Southwest (CSWC) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Southwest stock appears to be overvalued.
The current stock price of $25.57 is trading 4.2% above its estimated GF Value™ of $24.54.
GuruFocus considers Capital Southwest to be Fairly Valued.
Key valuation signals for CSWC:
Price-to-Tangible-Book: 1.54
GF Value™: $24.54 vs. price of $25.57 (4.2% above fair value)
Industry Position: 62.1% above the Asset Management median (#1220 of 1530)
No single metric tells the full story. See the CSWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Southwest Corp is a U.S.-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective is to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnerships with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien, and subordinated debt, preferred stocks, common stocks, and warrants. The primary source of revenue comprises interest income and dividend income from investments made as well as management fees.
59GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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