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FS KKR CapitalFSK +0.89%44 Price-to-Tangible-Book is 0.68 as of Sep. 08, 2026. GuruFocus rates FSK with a GF Score™ of 44/100 and a GF Value™ of $29.21 (Significantly Undervalued). Among 1,523 Asset Management companies, FS KKR Capital ranks better than 82.01% on this metric.
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.
FS KKR Capital Price-to-Tangible-Book Related Terms
FS KKR Capital Price-to-Tangible-Book Historical Data
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The historical data trend for FS KKR Capital'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.
FSK vs GBDC, NEA, AAMI: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, FS KKR Capital'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.
FS KKR Capital Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FS KKR Capital's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where FS KKR Capital'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.
FS KKR Capital (FSK) has a Price-to-Tangible-Book of 0.68 as of Sep. 08, 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 FS KKR Capital and its competitors. According to the industry distribution chart, FS KKR Capital ranks #274 out of 1523 companies in the Asset Management industry, placing it in the top 18%.
Is FS KKR Capital's Price-to-Tangible-Book too high?
FS KKR Capital's current Price-to-Tangible-Book is 0.68. The Asset Management industry median Price-to-Tangible-Book is 0.95. FS KKR Capital's value of 0.68 is 28.4% below this industry median. Based on the distribution chart, FS KKR Capital ranks #274 out of 1523 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, FS KKR Capital has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's Price-to-Tangible-Book compare to GBDC and NEA?
According to the Asset Management industry distribution chart, FS KKR Capital ranks #274 out of 1523 companies for Price-to-Tangible-Book. This places FS KKR Capital in the top 18% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 0.95. FS KKR Capital's value of 0.68 is 28.4% 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 0.95, based on 1,523 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. FS KKR Capital's current Price-to-Tangible-Book of 0.68 is 28.4% 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 FS KKR Capital 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. FS KKR Capital's current Price-to-Tangible-Book is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $29.21, compared to a current price of $12.44 — trading 57.4% below its estimated fair value. The current Price-to-Tangible-Book is 0.68 and 28.4% below the Asset Management industry median of 0.95. FS KKR Capital's overall GF Score™ is 44/100. 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 FS KKR Capital (FSK), the current Price-to-Tangible-Book is 0.68 as of Sep. 08, 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 FS KKR Capital (FSK) Overvalued in 2026?
Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued.
The current stock price of $12.44 is trading 57.4% below its estimated GF Value™ of $29.21.
GuruFocus considers FS KKR Capital to be Significantly Undervalued.
Key valuation signals for FSK:
Price-to-Tangible-Book: 0.68
GF Value™: $29.21 vs. price of $12.44 (57.4% below fair value)
Industry Position: 28.4% below the Asset Management median (#274 of 1523)
No single metric tells the full story. See the FSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
44GF Score
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