What is the P/B ratio for The New Germany Fund, Inc. (GF)?

The P/B ratio for GF stock is 0.85.

What is the estimated TTM average P/B ratio for The New Germany Fund, Inc. (GF)?

The estimated TTM average P/B ratio for GF stock is 0.89.

What is the estimated 3Y average P/B ratio for The New Germany Fund, Inc. (GF)?

The estimated 3Y average P/B ratio for GF stock is 1.09.

What is the estimated 5Y average P/B ratio for The New Germany Fund, Inc. (GF)?

The estimated 5Y average P/B ratio for GF stock is 1.32.

What is the estimated 10Y average P/B ratio for The New Germany Fund, Inc. (GF)?

The estimated 10Y average P/B ratio for GF stock is 1.24.

The New Germany Fund (GF) Price/Book Ratio: History & Chart

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 0.85 is 36% below its estimated 5-year average of 1.32, near the low end of its estimated 5-year range (0.77–2.09).

As of 2026-09-25T00:15:42.555Z. 4.29% below its estimated 12-month average of 0.89.

Stored calculation inputs

Calculation as of: 2026-09-25T00:15:42.555Z.

Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 175,022,959
Stockholders equity · period ending 2026-06-30: 206,422,038

FMP input reference: 6a7ced4054e892d7130624174fc4a885f7c204a921e6de9e3a3fb7246f7942aa

P/E Ratio|ROE|Debt to Equity|All Metrics

GF PB Ratio Metrics

PB RATIO

0.85

PB RATIO AVG TTM

0.89

PB RATIO AVG 3Y

1.09

PB RATIO AVG 5Y

1.32

PB RATIO AVG 10Y

1.24

PB RATIO AVG 15Y

N/A

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-4.29%

CURRENT VS 3Y AVG

-22.21%

CURRENT VS 5Y AVG

-35.83%

CURRENT VS 10Y AVG

-31.27%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

2.01

median of 101 covered companies

CURRENT VS SECTOR MEDIAN

-57.71%

vs the sector median at left

GF Competitors' PB Ratio

GF

The New Germany Fund, Inc.

Current

Market Cap

$175.02M

PB Ratio

0.85

TTM Avg

0.89

3Y Avg

1.09

5Y Avg

1.32

FT

Franklin Universal Trust

vs GF

Market Cap

$178.69M

PB Ratio

0.78

TTM Avg

0.92

3Y Avg

0.91

5Y Avg

0.91

DEFT

DeFi Technologies Inc.

vs GF

Market Cap

$206.36M

PB Ratio

1.45

TTM Avg

3.75

3Y Avg

17.62

5Y Avg

17.62

COLO

Global X - MSCI Colombia ETF

vs GF

Market Cap

$142.52M

PB Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

BMN

Blackrock 2037 Municipal Target Term Trust

vs GF

Market Cap

$142.32M

PB Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

TBCVU

Thunder Bridge Capital Partners V L

vs GF

Market Cap

$266.32M

PB Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

ISBA

Isabella Bank Corporation

vs GF

Market Cap

$274.24M

PB Ratio

1.10

TTM Avg

1.38

3Y Avg

1.02

5Y Avg

0.99

NMS

Nuveen Minnesota Quality Municipal Income Fund

vs GF

Market Cap

$63.90M

PB Ratio

0.84

TTM Avg

0.98

3Y Avg

0.89

5Y Avg

0.91

BGT

BlackRock Floating Rate Income Trust

vs GF

Market Cap

$311.37M

PB Ratio

0.94

TTM Avg

0.95

3Y Avg

0.98

5Y Avg

0.96

HYPOF

Hypoport SE

vs GF

Market Cap

$630.67M

PB Ratio

1.44

TTM Avg

3.03

3Y Avg

3.32

5Y Avg

5.17

NAME	MARKET CAP	PB RATIO	TTM	3Y	5Y
The New Germany Fund, Inc. (GF)	$175.02M	0.85	0.89	1.09	1.32
Franklin Universal Trust (FT)vs ›	$178.69M	0.78	0.92	0.91	0.91
DeFi Technologies Inc. (DEFT)vs ›	$206.36M	1.45	3.75	17.62	17.62
Global X - MSCI Colombia ETF (COLO)vs ›	$142.52M	N/A	N/A	N/A	N/A
Blackrock 2037 Municipal Target Term Trust (BMN)vs ›	$142.32M	N/A	N/A	N/A	N/A
Thunder Bridge Capital Partners V L (TBCVU)vs ›	$266.32M	N/A	N/A	N/A	N/A
Isabella Bank Corporation (ISBA)vs ›	$274.24M	1.10	1.38	1.02	0.99
Nuveen Minnesota Quality Municipal Income Fund (NMS)vs ›	$63.90M	0.84	0.98	0.89	0.91
BlackRock Floating Rate Income Trust (BGT)vs ›	$311.37M	0.94	0.95	0.98	0.96
Hypoport SE (HYPOF)vs ›	$630.67M	1.44	3.03	3.32	5.17

Book Value Analysis

P/B Ratio

0.85

Market Price / Book Value per Share

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for The New Germany Fund, Inc. (GF)?: The P/B ratio for GF stock is 0.85.
Is The New Germany Fund, Inc.'s P/B ratio high or low?: The P/B ratio of 0.85 is 36% below its estimated 5-year average of 1.32, near the low end of its estimated 5-year range (0.77–2.09).
What is the estimated TTM average P/B ratio for The New Germany Fund, Inc. (GF)?: The estimated TTM average P/B ratio for GF stock is 0.89.
What is the estimated 3Y average P/B ratio for The New Germany Fund, Inc. (GF)?: The estimated 3Y average P/B ratio for GF stock is 1.09.
What is the estimated 5Y average P/B ratio for The New Germany Fund, Inc. (GF)?: The estimated 5Y average P/B ratio for GF stock is 1.32.
What is the estimated 10Y average P/B ratio for The New Germany Fund, Inc. (GF)?: The estimated 10Y average P/B ratio for GF stock is 1.24.

GF PB Ratio History

DATE	PB RATIO
2026-09-11	0.89
2026-09-10	0.90
2026-09-09	0.91
2026-09-08	0.89
2026-09-04	0.91
2026-09-03	0.91
2026-09-02	0.90
2026-09-01	0.90
2026-08-31	0.92
2026-08-28	0.93
2026-08-27	0.93
2026-08-26	0.91
2026-08-25	0.90
2026-08-24	0.89
2026-08-21	0.90
2026-08-20	0.89
2026-08-19	0.90
2026-08-18	0.91
2026-08-17	0.92
2026-08-14	0.92
2026-08-13	0.92
2026-08-12	0.92
2026-08-11	0.91
2026-08-10	0.91
2026-08-07	0.91
2026-08-06	0.91
2026-08-05	0.90
2026-08-04	0.91
2026-08-03	0.90
2026-07-31	0.88
2026-07-30	0.89
2026-07-29	0.89
2026-07-28	0.89
2026-07-27	0.89
2026-07-24	0.90
2026-07-23	0.88
2026-07-22	0.89
2026-07-21	0.89
2026-07-20	0.89
2026-07-17	0.89
2026-07-16	0.91
2026-07-15	0.92
2026-07-14	0.91
2026-07-13	0.90
2026-07-10	0.91
2026-07-09	0.90
2026-07-08	0.91
2026-07-07	0.93
2026-07-06	0.93
2026-07-02	0.91
2026-07-01	0.90
2026-06-30	0.90
2026-06-29	0.90
2026-06-26	0.91
2026-06-25	0.92
2026-06-24	0.90
2026-06-23	0.92
2026-06-22	0.93
2026-06-18	0.94
2026-06-17	0.93
2026-06-16	0.93
2026-06-15	0.92
2026-06-12	0.91
2026-06-11	0.91
2026-06-10	0.90
2026-06-09	0.92
2026-06-08	0.93
2026-06-05	0.93
2026-06-04	0.95
2026-06-03	0.95
2026-06-02	0.95
2026-06-01	0.96
2026-05-29	0.96
2026-05-28	0.96
2026-05-27	0.94
2026-05-26	0.94
2026-05-22	0.93
2026-05-21	0.93
2026-05-20	0.93
2026-05-19	0.92
2026-05-18	0.93
2026-05-15	0.93
2026-05-14	0.94
2026-05-13	0.93
2026-05-12	0.92
2026-05-11	0.94
2026-05-08	0.95
2026-05-07	0.95
2026-05-06	0.95
2026-05-05	0.93
2026-05-04	0.90
2026-05-01	0.91
2026-04-30	0.92
2026-04-29	0.90
2026-04-28	0.89
2026-04-27	0.91
2026-04-24	0.92
2026-04-23	0.92
2026-04-22	0.93
2026-04-21	0.93
2026-04-20	0.95
2026-04-17	0.95
2026-04-16	0.92
2026-04-15	0.92
2026-04-14	0.91
2026-04-13	0.89
2026-04-10	0.89
2026-04-09	0.88
2026-04-08	0.87
2026-04-07	0.83
2026-04-06	0.84
2026-04-02	0.83
2026-04-01	0.82
2026-03-31	0.80
2026-03-30	0.79
2026-03-27	0.80
2026-03-26	0.80
2026-03-25	0.83
2026-03-24	0.81
2026-03-23	0.82
2026-03-20	0.80
2026-03-19	0.83
2026-03-18	0.85
2026-03-17	0.85
2026-03-16	0.86
2026-03-13	0.86
2026-03-12	0.85
2026-03-11	0.88
2026-03-10	0.87
2026-03-09	0.85
2026-03-06	0.87
2026-03-05	0.90
2026-03-04	0.91
2026-03-03	0.91
2026-03-02	0.94
2026-02-27	0.95
2026-02-26	0.95
2026-02-25	0.96
2026-02-24	0.95
2026-02-23	0.96
2026-02-20	0.96
2026-02-19	0.96
2026-02-18	0.96
2026-02-17	0.94
2026-02-13	0.94
2026-02-12	0.95
2026-02-11	0.95
2026-02-10	0.96
2026-02-09	0.96
2026-02-06	0.96
2026-02-05	0.94
2026-02-04	0.94
2026-02-03	0.96
2026-02-02	0.96
2026-01-30	0.94
2026-01-29	0.94
2026-01-28	0.95
2026-01-27	0.96
2026-01-26	0.95
2026-01-23	0.94
2026-01-22	0.93
2026-01-21	0.93
2026-01-20	0.93
2026-01-16	0.94
2026-01-15	0.94
2026-01-14	0.94
2026-01-13	0.96
2026-01-12	0.95
2026-01-09	0.94
2026-01-08	0.94
2026-01-07	0.94
2026-01-06	0.94
2026-01-05	0.93
2026-01-02	0.90
2025-12-31	0.85
2025-12-30	0.84
2025-12-29	0.85
2025-12-26	0.85
2025-12-24	0.85
2025-12-23	0.85
2025-12-22	0.84
2025-12-19	0.85
2025-12-18	0.85
2025-12-17	0.84
2025-12-16	0.85
2025-12-15	0.84
2025-12-12	0.84
2025-12-11	0.84
2025-12-10	0.83
2025-12-09	0.83
2025-12-08	0.83
2025-12-05	0.83
2025-12-04	0.82
2025-12-03	0.81
2025-12-02	0.81
2025-12-01	0.81
2025-11-28	0.81
2025-11-26	0.80
2025-11-25	0.80
2025-11-24	0.79
2025-11-21	0.79
2025-11-20	0.78
2025-11-19	0.77
2025-11-18	0.79
2025-11-17	0.79
2025-11-14	0.79
2025-11-13	0.80
2025-11-12	0.81
2025-11-11	0.80
2025-11-10	0.79
2025-11-07	0.79
2025-11-06	0.79
2025-11-05	0.81
2025-11-04	0.81
2025-11-03	0.83
2025-10-31	0.84
2025-10-30	0.84
2025-10-29	0.83
2025-10-28	0.84
2025-10-27	0.84
2025-10-24	0.84
2025-10-23	0.84
2025-10-22	0.83
2025-10-21	0.84
2025-10-20	0.83
2025-10-17	0.83
2025-10-16	0.84
2025-10-15	0.84
2025-10-14	0.85
2025-10-13	0.85
2025-10-10	0.85
2025-10-09	0.87
2025-10-08	0.88
2025-10-07	0.87
2025-10-06	0.88
2025-10-03	0.88
2025-10-02	0.88
2025-10-01	0.88
2025-09-30	0.86
2025-09-29	0.85
2025-09-26	0.85
2025-09-25	0.85
2025-09-24	0.87
2025-09-23	0.87
2025-09-22	0.86
2025-09-19	0.86
2025-09-18	0.87
2025-09-17	0.86
2025-09-16	0.87
2025-09-15	0.86
2025-09-12	0.86
2025-09-11	0.86
2025-09-10	0.85
2025-09-09	0.86
2025-09-08	0.86
2025-09-05	0.85
2025-09-04	0.85
2025-09-03	0.85
2025-09-02	0.86
2025-08-29	0.87

Showing the most recent 260 of 3,068 data points. The chart above shows the full history.

PB Ratio: 0.85

GF PB Ratio Chart

GF Average PB Ratio Chart

GF Current vs Average PB Ratio Chart

GF PB Ratio Metrics

GF Competitors' PB Ratio

P/B vs. estimated history

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio FAQ

GF PB Ratio History

Related Metrics