Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 10.89 is in line with its estimated 5-year average of 10.15, around the middle of its estimated 5-year range (4.99–19.16).
As of 2026-09-14T21:15:26.621Z. 50.65% above its estimated 12-month average of 7.23.
Calculation as of: 2026-09-14T21:15:26.621Z.
Quote observation: 2026-09-14T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2a24d6f5168315b5a5b5eaef0feddc545b54ef620fce2c3e18c3aafe31f36fe4
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
10.89
PB RATIO AVG TTM
7.23
PB RATIO AVG 3Y
11.36
PB RATIO AVG 5Y
10.15
PB RATIO AVG 10Y
6.75
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+50.65%
CURRENT VS 3Y AVG
-4.14%
CURRENT VS 5Y AVG
+7.24%
CURRENT VS 10Y AVG
+61.24%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
2.06
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+428.64%
vs the sector median at left
Ares Management Corporation
Market Cap
$43.19B
PB Ratio
10.89
TTM Avg
7.23
3Y Avg
11.36
5Y Avg
10.15
Market Cap
$44.09B
PB Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.45B
PB Ratio
1.00
TTM Avg
1.06
3Y Avg
1.12
5Y Avg
1.05
Market Cap
$37.72B
PB Ratio
1.92
TTM Avg
2.05
3Y Avg
2.02
5Y Avg
1.83
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ares Management Corporation (ARES) | $43.19B | 10.89 | 7.23 | 11.36 | 10.15 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.09B | N/A | N/A | N/A | N/A |
| Prudential Financial, Inc. (PRU)vs › | $41.47B | 1.31 | 1.17 | 1.33 | 1.28 |
| American International Group, Inc. (AIG)vs › | $40.45B | 1.00 | 1.06 | 1.12 | 1.05 |
| MSCI Inc. (MSCI)vs › | $40.25B | N/A | 38.55 | 28.14 | 18.71 |
| PayPal Holdings, Inc. (PYPL)vs › | $46.22B | 2.33 | 2.56 | 3.20 | 4.35 |
| The Hartford Insurance Group, Inc. (HIG)vs › | $37.72B | 1.92 | 2.05 | 2.02 | 1.83 |
| Fifth Third Bancorp (FITB)vs › | $49.29B | 1.43 | 1.44 | 1.38 | 1.33 |
| Ameriprise Financial, Inc. (AMP)vs › | $50.21B | 7.89 | 7.39 | 8.79 | 8.38 |
| Coinbase Global, Inc. (COIN)vs › | $50.51B | 3.86 | 4.32 | 6.01 | 5.68 |
At 10.89, P/B is above its estimated 12-year median — higher than 87% of readings in its estimated 12-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 12-year low
0.20
median
5.47
estimated 12-year high
19.16
P/B Ratio
10.89
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-11 | 7.51 |
| 2026-09-10 | 7.45 |
| 2026-09-09 | 7.66 |
| 2026-09-08 | 7.91 |
| 2026-09-04 | 7.99 |
| 2026-09-03 | 8.07 |
| 2026-09-02 | 7.87 |
| 2026-09-01 | 7.93 |
| 2026-08-31 | 8.17 |
| 2026-08-28 | 8.13 |
| 2026-08-27 | 8.12 |
| 2026-08-26 | 8.10 |
| 2026-08-25 | 8.14 |
| 2026-08-24 | 7.98 |
| 2026-08-21 | 8.06 |
| 2026-08-20 | 8.00 |
| 2026-08-19 | 8.16 |
| 2026-08-18 | 8.00 |
| 2026-08-17 | 8.06 |
| 2026-08-14 | 8.21 |
| 2026-08-13 | 8.52 |
| 2026-08-12 | 8.12 |
| 2026-08-11 | 8.16 |
| 2026-08-10 | 7.85 |
| 2026-08-07 | 7.80 |
| 2026-05-08 | 6.53 |
| 2026-05-07 | 6.37 |
| 2026-05-06 | 6.41 |
| 2026-05-05 | 6.36 |
| 2026-05-04 | 6.21 |
| 2026-05-01 | 6.16 |
| 2026-04-30 | 6.07 |
| 2026-04-29 | 5.73 |
| 2026-04-28 | 5.85 |
| 2026-04-27 | 5.80 |
| 2026-04-24 | 5.96 |
| 2026-04-23 | 5.94 |
| 2026-04-22 | 6.26 |
| 2026-04-21 | 6.20 |
| 2026-04-20 | 6.14 |
| 2026-04-17 | 6.09 |
| 2026-04-16 | 6.01 |
| 2026-04-15 | 6.17 |
| 2026-04-14 | 5.82 |
| 2026-04-13 | 5.52 |
| 2026-04-10 | 5.20 |
| 2026-04-09 | 5.42 |
| 2026-04-08 | 5.42 |
| 2026-04-07 | 5.29 |
| 2026-04-06 | 5.32 |
| 2026-04-02 | 5.30 |
| 2026-04-01 | 5.47 |
| 2026-03-31 | 5.64 |
| 2026-03-30 | 5.57 |
| 2026-03-27 | 5.50 |
| 2026-03-26 | 5.58 |
| 2026-03-25 | 5.51 |
| 2026-03-24 | 5.48 |
| 2026-03-23 | 5.54 |
| 2026-03-20 | 5.48 |
| 2026-03-19 | 5.59 |
| 2026-03-18 | 5.48 |
| 2026-03-17 | 5.47 |
| 2026-03-16 | 5.20 |
| 2026-03-13 | 5.26 |
| 2026-03-12 | 4.99 |
| 2026-03-11 | 5.35 |
| 2026-03-10 | 5.62 |
| 2026-03-09 | 5.63 |
| 2026-03-06 | 5.69 |
| 2026-03-05 | 6.05 |
| 2026-03-04 | 6.01 |
| 2026-03-03 | 5.83 |
| 2026-03-02 | 5.86 |
| 2026-02-27 | 5.79 |
| 2026-02-26 | 6.11 |
| 2026-02-25 | 5.86 |
| 2026-02-24 | 5.76 |
| 2026-02-23 | 5.63 |
| 2026-02-20 | 6.05 |
| 2026-02-19 | 6.38 |
| 2026-02-18 | 6.58 |
| 2026-02-17 | 6.41 |
| 2026-02-13 | 6.58 |
| 2026-02-12 | 6.58 |
| 2026-02-11 | 6.75 |
| 2026-02-10 | 6.73 |
| 2026-02-09 | 6.75 |
| 2026-02-06 | 6.41 |
| 2026-02-05 | 5.99 |
| 2026-02-04 | 6.74 |
| 2026-02-03 | 6.47 |
| 2026-02-02 | 7.20 |
| 2026-01-30 | 7.36 |
| 2026-01-29 | 7.45 |
| 2026-01-28 | 7.36 |
| 2026-01-27 | 7.34 |
| 2026-01-26 | 7.36 |
| 2026-01-23 | 7.66 |
| 2026-01-22 | 7.94 |
| 2026-01-21 | 7.98 |
| 2026-01-20 | 8.02 |
| 2026-01-16 | 8.34 |
| 2026-01-15 | 8.33 |
| 2026-01-14 | 8.35 |
| 2026-01-13 | 8.32 |
| 2026-01-12 | 8.57 |
| 2026-01-09 | 8.65 |
| 2026-01-08 | 8.64 |
| 2026-01-07 | 8.39 |
| 2026-01-06 | 8.65 |
| 2026-01-05 | 8.46 |
| 2026-01-02 | 8.17 |
| 2025-12-31 | 7.94 |
| 2025-12-30 | 8.02 |
| 2025-12-29 | 8.31 |
| 2025-12-26 | 8.29 |
| 2025-12-24 | 8.31 |
| 2025-12-23 | 8.29 |
| 2025-12-22 | 8.37 |
| 2025-12-19 | 8.14 |
| 2025-12-18 | 8.19 |
| 2025-12-17 | 8.28 |
| 2025-12-16 | 8.53 |
| 2025-12-15 | 8.49 |
| 2025-12-12 | 8.54 |
| 2025-12-11 | 8.69 |
| 2025-12-10 | 8.76 |
| 2025-12-09 | 8.66 |
| 2025-12-08 | 8.07 |
| 2025-12-05 | 8.13 |
| 2025-12-04 | 8.01 |
| 2025-12-03 | 7.96 |
| 2025-12-02 | 7.86 |
| 2025-12-01 | 7.84 |
| 2025-11-28 | 7.71 |
| 2025-11-26 | 7.60 |
| 2025-11-25 | 7.51 |
| 2025-11-24 | 7.38 |
| 2025-11-21 | 7.25 |
| 2025-11-20 | 7.09 |
| 2025-11-19 | 7.13 |
| 2025-11-18 | 7.01 |
| 2025-11-17 | 6.98 |
| 2025-11-14 | 7.20 |
| 2025-11-13 | 7.30 |
| 2025-11-12 | 7.55 |
| 2025-11-11 | 7.56 |
| 2025-11-10 | 7.54 |
| 2025-11-07 | 7.56 |
| 2025-11-06 | 7.59 |
| 2025-11-05 | 7.69 |
| 2025-11-04 | 7.68 |
| 2025-11-03 | 7.80 |
| 2025-10-31 | 7.46 |
| 2025-10-30 | 7.39 |
| 2025-10-29 | 7.55 |
| 2025-10-28 | 7.58 |
| 2025-10-27 | 7.58 |
| 2025-10-24 | 7.50 |
| 2025-10-23 | 7.45 |
| 2025-10-22 | 7.53 |
| 2025-10-21 | 7.53 |
| 2025-10-20 | 7.36 |
| 2025-10-17 | 7.12 |
| 2025-10-16 | 7.09 |
| 2025-10-15 | 7.58 |
| 2025-10-14 | 7.51 |
| 2025-10-13 | 7.21 |
| 2025-10-10 | 7.07 |
| 2025-10-09 | 7.39 |
| 2025-10-08 | 7.52 |
| 2025-10-07 | 7.46 |
| 2025-10-06 | 7.53 |
| 2025-10-03 | 7.65 |
| 2025-10-02 | 7.56 |
| 2025-10-01 | 7.74 |
| 2025-09-30 | 8.02 |
| 2025-09-29 | 8.20 |
| 2025-09-26 | 8.18 |
| 2025-09-25 | 8.20 |
| 2025-09-24 | 8.44 |
| 2025-09-23 | 9.09 |
| 2025-09-22 | 9.13 |
| 2025-09-19 | 9.18 |
| 2025-09-18 | 9.21 |
| 2025-09-17 | 8.98 |
| 2025-09-16 | 8.96 |
| 2025-09-15 | 9.03 |
| 2025-09-12 | 9.17 |
| 2025-09-11 | 9.27 |
| 2025-09-10 | 8.98 |
| 2025-09-09 | 8.79 |
| 2025-09-08 | 8.85 |
| 2025-09-05 | 8.90 |
| 2025-09-04 | 9.04 |
| 2025-09-03 | 8.87 |
| 2025-09-02 | 9.02 |
| 2025-08-29 | 8.99 |
| 2025-08-28 | 9.05 |
| 2025-08-27 | 9.01 |
| 2025-08-26 | 8.98 |
| 2025-08-25 | 8.94 |
| 2025-08-22 | 9.09 |
| 2025-08-21 | 8.95 |
| 2025-08-20 | 8.98 |
| 2025-08-19 | 9.06 |
| 2025-08-18 | 9.50 |
| 2025-08-15 | 9.42 |
| 2025-08-14 | 9.56 |
| 2025-08-13 | 9.58 |
| 2025-08-12 | 9.67 |
| 2025-08-11 | 9.36 |
| 2025-08-08 | 8.86 |
| 2025-08-07 | 8.79 |
| 2025-08-06 | 8.90 |
| 2025-08-05 | 8.84 |
| 2025-08-04 | 8.86 |
| 2025-08-01 | 8.59 |
| 2025-07-31 | 8.72 |
| 2025-07-30 | 8.82 |
| 2025-07-29 | 8.83 |
| 2025-07-28 | 8.81 |
| 2025-07-25 | 8.75 |
| 2025-07-24 | 8.57 |
| 2025-07-23 | 8.49 |
| 2025-07-22 | 8.38 |
| 2025-07-21 | 8.41 |
| 2025-07-18 | 8.61 |
| 2025-07-17 | 8.61 |
| 2025-07-16 | 8.46 |
| 2025-07-15 | 8.20 |
| 2025-07-14 | 8.48 |
| 2025-07-11 | 8.34 |
| 2025-07-10 | 8.47 |
| 2025-07-09 | 8.32 |
| 2025-07-08 | 8.23 |
| 2025-07-07 | 8.22 |
| 2025-07-03 | 8.36 |
| 2025-07-02 | 8.37 |
| 2025-07-01 | 8.21 |
| 2025-06-30 | 8.14 |
| 2025-06-27 | 8.14 |
| 2025-06-26 | 8.04 |
| 2025-06-25 | 7.93 |
| 2025-06-24 | 7.98 |
| 2025-06-23 | 7.77 |
| 2025-06-20 | 7.79 |
| 2025-06-18 | 7.87 |
| 2025-06-17 | 7.76 |
| 2025-06-16 | 7.85 |
| 2025-06-13 | 7.83 |
| 2025-06-12 | 8.03 |
| 2025-06-11 | 7.93 |
| 2025-06-10 | 7.92 |
| 2025-06-09 | 8.10 |
| 2025-06-06 | 8.17 |
| 2025-06-05 | 7.99 |
| 2025-06-04 | 7.94 |
| 2025-06-03 | 7.92 |
Showing the most recent 260 of 3,048 data points. The chart above shows the full history.