PAI (Western Asset Investment Gradeome Fund) ROE % Adjusted to Book Value: 7.48% (As of Dec. 2025)

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PAI Western Asset Investment Grade Income Fund Inc PAI
57 GF Score
Price $11.89
GF Value $16.49
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value?

Western Asset Investment Gradeome Fund PAI -0.17% 57 ROE % Adjusted to Book Value is 7.48% as of Dec. 2025. GuruFocus rates PAI with a GF Score™ of 57/100 and a GF Value™ of $16.49 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Western Asset Investment Gradeome Fund's ROE % for the quarter that ended in Dec. 2025 was 7.03%. Western Asset Investment Gradeome Fund's PB Ratio for the quarter that ended in Dec. 2025 was 0.94. Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 7.48%.


Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value Related Terms


Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value Historical Data

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The historical data trend for Western Asset Investment Gradeome Fund'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.

Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value Chart

Western Asset Investment Gradeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only 0.15 -19.82 9.42 3.15 8.26

Western Asset Investment Gradeome Fund Semi-Annual Data
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 12.46 0.52 5.86 8.55 7.48

PAI vs MCN, JHI, NIM: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Western Asset Investment Gradeome Fund'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.


Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value falls into.


PAI
57GF Score
Western Asset Investment Grade Income Fund Inc PAI
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Investment Gradeome Fund ROE % Adjusted to Book Value Calculation

Western Asset Investment Gradeome Fund'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
=7.76% / 0.94
=8.26%

Western Asset Investment Gradeome Fund'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
=7.03% / 0.94
=7.48%

* 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 7.48% mean?
Western Asset Investment Gradeome Fund (PAI) has a ROE % Adjusted to Book Value of 7.48% 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 Western Asset Investment Gradeome Fund and its competitors.
Is Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value too high?
Western Asset Investment Gradeome Fund's current ROE % Adjusted to Book Value is 7.48%. Overall, Western Asset Investment Gradeome Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value compare to MCN and JHI?
Western Asset Investment Gradeome Fund's ROE % Adjusted to Book Value of 7.48% 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 Western Asset Investment Gradeome Fund and its competitors. Western Asset Investment Gradeome Fund's current ROE % Adjusted to Book Value is 7.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Investment Gradeome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund (PAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.49, compared to a current price of $11.89 — trading 27.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 7.48%. Western Asset Investment Gradeome Fund's overall GF Score™ is 57/100 with 1 warning sign 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 Western Asset Investment Gradeome Fund (PAI), the current ROE % Adjusted to Book Value is 7.48% 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 Western Asset Investment Gradeome Fund (PAI) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund stock appears to be undervalued. The current stock price of $11.89 is trading 27.9% below its estimated GF Value™ of $16.49. GuruFocus considers Western Asset Investment Gradeome Fund to be Modestly Undervalued.

Key valuation signals for PAI:

  • ROE % Adjusted to Book Value: 7.48%
  • GF Value™: $16.49 vs. price of $11.89 (27.9% below fair value)
  • GF Score™: 57/100 with 1 warning sign

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


Western Asset Investment Gradeome Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. Its primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. To a lesser extent, the fund also invests in privately placed debt securities and in certain equity securities. Capital appreciation is its secondary investment objective. The fund invests a majority of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the investment adviser).
57GF Score

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

$11.89
Price
$16.49
GF Value