PGP (PIMCO Global Stocksplus &ome Fund) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PGP PIMCO Global Stocksplus & Income Fund PGP
52 GF Score
Price $8.34
GF Value $16.22
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is PIMCO Global Stocksplus &ome Fund Scaled Net Operating Assets?

PIMCO Global Stocksplus &ome Fund PGP -0.12% 52 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates PGP with a GF Score™ of 52/100 and a GF Value™ of $16.22 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PIMCO Global Stocksplus &ome Fund's operating assets for the quarter that ended in Dec. 2025 was $217.05 Mil. PIMCO Global Stocksplus &ome Fund's operating liabilities for the quarter that ended in Dec. 2025 was $98.07 Mil. PIMCO Global Stocksplus &ome Fund's Total Assets for the quarter that ended in Jun. 2025 was $213.27 Mil. Therefore, PIMCO Global Stocksplus &ome Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.

PGP
52GF Score
PIMCO Global Stocksplus & Income Fund PGP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PIMCO Global Stocksplus &ome Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PIMCO Global Stocksplus &ome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(212.991-100.003)/234.112
=0.48

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=213.272 - 0.281
=212.991

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=119.354 - 19.351 - 0
=100.003

PIMCO Global Stocksplus &ome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(217.053-98.07)/213.272
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=217.654 - 0.601
=217.053

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.416 - 16.346 - 0
=98.07

* 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 Scaled Net Operating Assets of 0.56 mean?
PIMCO Global Stocksplus &ome Fund (PGP) has a Scaled Net Operating Assets of 0.56 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PIMCO Global Stocksplus &ome Fund and its competitors.
Is PIMCO Global Stocksplus &ome Fund's Scaled Net Operating Assets too high?
PIMCO Global Stocksplus &ome Fund's current Scaled Net Operating Assets is 0.56. Overall, PIMCO Global Stocksplus &ome Fund has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PIMCO Global Stocksplus &ome Fund's Scaled Net Operating Assets compare to RMI and HSDT?
PIMCO Global Stocksplus &ome Fund's Scaled Net Operating Assets of 0.56 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PIMCO Global Stocksplus &ome Fund and its competitors. PIMCO Global Stocksplus &ome Fund's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIMCO Global Stocksplus &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, PIMCO Global Stocksplus &ome Fund (PGP) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.22, compared to a current price of $8.34 — trading 48.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. PIMCO Global Stocksplus &ome Fund's overall GF Score™ is 52/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For PIMCO Global Stocksplus &ome Fund (PGP), the current Scaled Net Operating Assets is 0.56 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 PIMCO Global Stocksplus &ome Fund (PGP) Overvalued in 2026?

Based on GuruFocus' analysis, PIMCO Global Stocksplus &ome Fund stock appears to be undervalued. The current stock price of $8.34 is trading 48.6% below its estimated GF Value™ of $16.22. GuruFocus considers PIMCO Global Stocksplus &ome Fund to be Significantly Undervalued.

Key valuation signals for PGP:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: $16.22 vs. price of $8.34 (48.6% below fair value)
  • GF Score™: 52/100 with 1 warning sign

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

PIMCO Global Stocksplus &ome Fund Business Description

Address 1633 Broadway, New York, NY, USA, 10019
PIMCO Global Stocksplus & Income Fund is a closed-end management investment company. The objective of the fund is to seek a total return comprised of current income, current gains, and long-term capital appreciation. The fund invests a majority of the fund's net assets in a combination of securities and instruments that provide exposure to stocks and or produce income.
52GF Score

Get the complete analysis for PGP

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.34
Price
$16.22
GF Value