Affiliated Managers Group, Inc.MGRB

$16.85+0.04 (+0.24%)
NYSEFinancial Services24:00 UTC

How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
No data available
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is MGRB P/B High or Low Right Now?

Affiliated Managers Group, Inc.'s P/B is currently 0.1, which is near historic low relative to its 10-year historical range. The 10-year median P/B for MGRB is approximately 0.2. See all MGRB valuation metrics →

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