Aberforth Smaller Trust (LSE:ASL) ROE % Adjusted to Book Value: 2.96% (As of Dec. 2025)


LSE:ASL Aberforth Smaller Companies Trust PLC LSE:ASL
57 GF Score
Price £16.24
GF Value £13.48
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aberforth Smaller Trust ROE % Adjusted to Book Value?

Aberforth Smaller Trust LSE:ASL +0.50% 57 ROE % Adjusted to Book Value is 2.96% as of Dec. 2025. GuruFocus rates LSE:ASL with a GF Score™ of 57/100 and a GF Value™ of £13.48 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Aberforth Smaller Trust's ROE % for the quarter that ended in Dec. 2025 was 2.66%. Aberforth Smaller Trust's PB Ratio for the quarter that ended in Dec. 2025 was 0.90. Aberforth Smaller Trust's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 2.96%.


Aberforth Smaller Trust ROE % Adjusted to Book Value Related Terms


Aberforth Smaller Trust ROE % Adjusted to Book Value Historical Data

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The historical data trend for Aberforth Smaller Trust's ROE % Adjusted to Book Value 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.

Aberforth Smaller Trust ROE % Adjusted to Book Value Chart

Aberforth Smaller Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.24 -12.79 8.63 12.78 7.67

Aberforth Smaller Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.44 27.08 -2.01 12.40 2.96

LSE:ASL vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Aberforth Smaller Trust's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Aberforth Smaller Trust ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberforth Smaller Trust's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Aberforth Smaller Trust's ROE % Adjusted to Book Value falls into.


LSE:ASL
57GF Score
Aberforth Smaller Companies Trust PLC LSE:ASL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aberforth Smaller Trust ROE % Adjusted to Book Value Calculation

Aberforth Smaller Trust's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.90% / 0.90
=7.67%

Aberforth Smaller Trust's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.66% / 0.90
=2.96%

* 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.

What does a ROE % Adjusted to Book Value of 2.96% mean?
Aberforth Smaller Trust (LSE:ASL) has a ROE % Adjusted to Book Value of 2.96% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Aberforth Smaller Trust and its competitors.
Is Aberforth Smaller Trust's ROE % Adjusted to Book Value too high?
Aberforth Smaller Trust's current ROE % Adjusted to Book Value is 2.96%. Overall, Aberforth Smaller Trust has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aberforth Smaller Trust's ROE % Adjusted to Book Value compare to BLK and BX?
Aberforth Smaller Trust's ROE % Adjusted to Book Value of 2.96% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Aberforth Smaller Trust and its competitors. Aberforth Smaller Trust's current ROE % Adjusted to Book Value is 2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberforth Smaller Trust stock overvalued right now?
Based on GuruFocus' analysis, Aberforth Smaller Trust (LSE:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is £13.48, compared to a current price of £16.24 — trading 20.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 2.96%. Aberforth Smaller Trust's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Aberforth Smaller Trust (LSE:ASL), the current ROE % Adjusted to Book Value is 2.96% as of Dec. 2025. 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 Aberforth Smaller Trust (LSE:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Aberforth Smaller Trust stock appears to be overvalued. The current stock price of £16.24 is trading 20.5% above its estimated GF Value™ of £13.48. GuruFocus considers Aberforth Smaller Trust to be Modestly Overvalued.

Key valuation signals for LSE:ASL:

  • ROE % Adjusted to Book Value: 2.96%
  • GF Value™: £13.48 vs. price of £16.24 (20.5% above fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the LSE:ASL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aberforth Smaller Trust Business Description

Address 14 Melville Street, Edinburgh, GBR, EH3 7NS
Aberforth Smaller Companies Trust PLC is a UK based closed-ended investment trust. Its objective is to achieve a net asset value total return (with dividends reinvested) greater than that of the Numis Smaller Companies Index (excluding Investment Companies) over the long term. The Company also aims to achieve its objective by investing in small United Kingdom quoted companies. It invests in various sectors, such as technology, telecommunications, health care, financials, real estate, consumer discretionary, consumer staples, industrials, basic materials and energy.
57GF Score

Get the complete analysis for LSE:ASL

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£16.24
Price
£13.48
GF Value