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Impax Asset Management GroupIPXAF 71 Price-to-Tangible-Book is 1.56 as of Sep. 12, 2026. GuruFocus rates IPXAF with a GF Score™ of 71/100 and a GF Value™ of $3.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,523 Asset Management companies, Impax Asset Management Group ranks worse than 79.71% 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.
Impax Asset Management Group Price-to-Tangible-Book Related Terms
Impax Asset Management Group 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.
Impax Asset Management Group Price-to-Tangible-Book Chart
IPXAF vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Impax Asset Management 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.
Impax Asset Management Group Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group'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.
Impax Asset Management Group (IPXAF) has a Price-to-Tangible-Book of 1.56 as of Sep. 12, 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 Impax Asset Management Group and its competitors. According to the industry distribution chart, Impax Asset Management Group ranks #1214 out of 1523 companies in the Asset Management industry, placing it in the top 79.7%.
Is Impax Asset Management Group's Price-to-Tangible-Book too high?
Impax Asset Management Group's current Price-to-Tangible-Book is 1.56. The Asset Management industry median Price-to-Tangible-Book is 0.93. Impax Asset Management Group's value of 1.56 is 67.7% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #1214 out of 1523 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Impax Asset Management Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #1214 out of 1523 companies for Price-to-Tangible-Book. This places Impax Asset Management Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.93. Impax Asset Management Group's value of 1.56 is 67.7% 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 0.93, 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. Impax Asset Management Group's current Price-to-Tangible-Book of 1.56 is 67.7% 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 Impax Asset Management Group and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current Price-to-Tangible-Book is 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (IPXAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.24, compared to a current price of $1.40 — trading 56.8% below its estimated fair value. The current Price-to-Tangible-Book is 1.56 and 67.7% above the Asset Management industry median of 0.93. Impax Asset Management Group's overall GF Score™ is 71/100 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 Impax Asset Management Group (IPXAF), the current Price-to-Tangible-Book is 1.56 as of Sep. 12, 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 Impax Asset Management Group (IPXAF) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of $1.40 is trading 56.8% below its estimated GF Value™ of $3.24.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for IPXAF:
Price-to-Tangible-Book: 1.56
GF Value™: $3.24 vs. price of $1.40 (56.8% below fair value)
Industry Position: 67.7% above the Asset Management median (#1214 of 1523)
No single metric tells the full story. See the IPXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
71GF Score
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