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Kayne Anderson BDCKBDC +0.15%11 Price-to-Tangible-Book is 0.82 as of Sep. 22, 2026. GuruFocus rates KBDC with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 1,522 Asset Management companies, Kayne Anderson BDC ranks better than 71.16% 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.
Kayne Anderson BDC Price-to-Tangible-Book Related Terms
Kayne Anderson BDC Price-to-Tangible-Book Historical Data
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The historical data trend for Kayne Anderson BDC'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.
KBDC vs GGN, PCN, NRK: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Kayne Anderson BDC'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.
Kayne Anderson BDC Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Kayne Anderson BDC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Kayne Anderson BDC'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.
Kayne Anderson BDC (KBDC) has a Price-to-Tangible-Book of 0.82 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 Kayne Anderson BDC and its competitors. According to the industry distribution chart, Kayne Anderson BDC ranks #439 out of 1522 companies in the Asset Management industry, placing it in the top 28.8%.
Is Kayne Anderson BDC's Price-to-Tangible-Book too high?
Kayne Anderson BDC's current Price-to-Tangible-Book is 0.82. The Asset Management industry median Price-to-Tangible-Book is 0.92. Kayne Anderson BDC's value of 0.82 is 10.9% below this industry median. Based on the distribution chart, Kayne Anderson BDC ranks #439 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Kayne Anderson BDC has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Kayne Anderson BDC's Price-to-Tangible-Book compare to GGN and PCN?
According to the Asset Management industry distribution chart, Kayne Anderson BDC ranks #439 out of 1522 companies for Price-to-Tangible-Book. This puts Kayne Anderson BDC in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.92. Kayne Anderson BDC's value of 0.82 is 10.9% 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. Kayne Anderson BDC's current Price-to-Tangible-Book of 0.82 is 10.9% 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 Kayne Anderson BDC 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. Kayne Anderson BDC's current Price-to-Tangible-Book is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kayne Anderson BDC stock overvalued right now?
Kayne Anderson BDC (KBDC) has a current Price-to-Tangible-Book of 0.82. The current Price-to-Tangible-Book is 0.82 and 10.9% below the Asset Management industry median of 0.92. Kayne Anderson BDC's overall GF Score™ is 11/100 with 8 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 Kayne Anderson BDC (KBDC), the current Price-to-Tangible-Book is 0.82 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.
Kayne Anderson BDC Inc is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company, investing mainly in first-lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation mainly through debt investments in middle-market companies.
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