Alexander Forbes Group Holdings (JSE:AFH) Book Value per Share: R3.03 (As of Mar. 2026)

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JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.05
GF Value R8.68
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Alexander Forbes Group Holdings Book Value per Share?

Alexander Forbes Group Holdings JSE:AFH -5.37% 68 Book Value per Share is R3.03 as of Mar. 2026. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.68 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Alexander Forbes Group Holdings's book value per share for the quarter that ended in Mar. 2026 was R3.03.

During the past 12 months, Alexander Forbes Group Holdings's average Book Value Per Share Growth Rate was -3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alexander Forbes Group Holdings was 41.70% per year. The lowest was -12.90% per year. And the median was -0.80% per year.

Alexander Forbes Group Holdings's current price is R7.05. Its book value per share for the quarter that ended in Mar. 2026 was R3.03. Hence, today's PB Ratio of Alexander Forbes Group Holdings is 2.32.

During the past 13 years, the highest P/B Ratio of Alexander Forbes Group Holdings was 2.92. The lowest was 0.76. And the median was 1.37.


Alexander Forbes Group Holdings  (JSE:AFH) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Alexander Forbes Group Holdings Book Value per Share Related Terms


Alexander Forbes Group Holdings Book Value per Share Historical Data

* Premium members only.

The historical data trend for Alexander Forbes Group Holdings's Book Value per Share can be seen below:

* 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.

Alexander Forbes Group Holdings Book Value per Share Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.53 3.68 3.16 3.03

Alexander Forbes Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 2.90 3.16 2.92 3.03

JSE:AFH vs VOYA, FRHC: Book Value per Share Comparison

For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alexander Forbes Group Holdings PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alexander Forbes Group Holdings's PB Ratio falls into.


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Forbes Group Holdings Book Value per Share Calculation

Alexander Forbes Group Holdings's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,861-0)/1,273
=3.03

Alexander Forbes Group Holdings's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,861-0)/1,273
=3.03

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of R3.03 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Book Value per Share of R3.03 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Alexander Forbes Group Holdings and its competitors.
Is Alexander Forbes Group Holdings' Book Value per Share too high?
Alexander Forbes Group Holdings' current Book Value per Share is R3.03. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Book Value per Share compare to VOYA and FRHC?
Alexander Forbes Group Holdings' Book Value per Share of R3.03 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Diversified Financial Services company?
A good Book Value per Share depends on the Diversified Financial Services industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Alexander Forbes Group Holdings and its competitors. Alexander Forbes Group Holdings's current Book Value per Share is R3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.68, compared to a current price of R7.05 — trading 18.8% below its estimated fair value. The current Book Value per Share is R3.03. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Alexander Forbes Group Holdings (JSE:AFH), the current Book Value per Share is R3.03 as of Mar. 2026. 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.05 is trading 18.8% below its estimated GF Value™ of R8.68. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Book Value per Share: R3.03
  • GF Value™: R8.68 vs. price of R7.05 (18.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R7.05
Price
R8.68
GF Value