General American Investors (GAM) vs Patria Investments (PAX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
General American Investors (GAM) has outperformed Patria Investments (PAX) over the past year, gaining 1.4% versus a loss of 20.8%. Over five years, GAM leads with a +44.4% price change compared with -34.9% for PAX. Patria Investments is the larger company by market cap ($1.82 billion vs $1.53 billion), about 1.2 times the size.
On valuation, General American Investors trades at a lower trailing P/E (4.0x vs 25.3x for Patria Investments). General American Investors offers the higher dividend yield (9.98% vs 5.52%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GAM | PAX |
|---|---|---|
| Share price | $64.13 | $11.11 |
| Market cap | $1.53B | $1.82B |
| 1-day change | -0.51% | -0.80% |
| YTD return | +9.19% | -30.08% |
| 1-year return | +1.39% | -20.76% |
| 5-year return | +44.37% | -34.88% |
| P/E ratio (TTM) | 4.02 | 25.25 |
| Forward P/E | — | 7.69 |
| EPS (TTM) | $15.94 | $0.44 |
| Dividend yield | 9.98% | 5.52% |
| Annual dividend | $6.40 | $0.613 |
| 52-week high | $68.57 | $17.80 |
| 52-week low | $56.24 | $9.89 |
| Distance from 52-week high | -6.48% | -37.58% |
| Analyst consensus | — | buy |
| Avg. price target upside | — | +35.01% |
| Average volume | 19.03K | 1.11M |
| Shares outstanding | 23.83M | 71.00M |
| Employees | — | 548 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GAM has outperformed PAX by 22.1 percentage points over the past year.
- Patria Investments trades at a higher earnings multiple (25.3x vs 4.0x trailing P/E).
- General American Investors offers a meaningfully higher dividend yield (9.98% vs 5.52%).
About Patria Investments
PAX stock →Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments.
Finance · Investment Managers · 548 employees
GAM vs PAX FAQ
Which is bigger, General American Investors or Patria Investments?
Patria Investments (PAX) is larger, with a market capitalization of $1.82B compared with $1.53B for General American Investors (GAM).
Which stock has performed better over the past year, GAM or PAX?
GAM returned +1.39% over the past 12 months, compared with -20.76% for PAX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GAM or PAX?
GAM has the lower trailing P/E at 4.0, versus 25.3 for PAX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, General American Investors or Patria Investments?
General American Investors has the higher yield at 9.98%, compared with 5.52% for Patria Investments.
Are General American Investors and Patria Investments in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.