Morgan Stanley's book value per share for the quarter that ended in Mar. 2026 was C$13.63.
During the past 12 months, Morgan Stanley's average Book Value Per Share Growth Rate was 9.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% 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 Morgan Stanley was 52.30% per year. The lowest was -27.70% per year. And the median was 6.20% per year.
Morgan Stanley's current price is C$42.36. Its book value per share for the quarter that ended in Mar. 2026 was C$13.63. Hence, today's PB Ratio of Morgan Stanley is 3.11.
During the past 13 years, the highest P/B Ratio of Morgan Stanley was 3.37. The lowest was 0.65. And the median was 1.49.
Warning Sign:
Morgan Stanley stock PB Ratio (=3.2) is close to 10-year high of 3.37.
Morgan Stanley (TSX:MS) 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.
Morgan Stanley Book Value per Share Related Terms
Morgan Stanley Book Value per Share Historical Data
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The historical data trend for Morgan Stanley'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.
TSX:MS vs GS, SCHW, HOOD: Book Value per Share Comparison
For the Capital Markets subindustry, Morgan Stanley'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.
Morgan Stanley PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Morgan Stanley's PB Ratio distribution charts can be found below:
* The bar in red indicates where Morgan Stanley's PB Ratio falls into.
* 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.
Morgan Stanley (TSX:MS) has a Book Value per Share of C$13.63 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Morgan Stanley and its competitors.
Is Morgan Stanley's Book Value per Share too high?
Morgan Stanley's current Book Value per Share is C$13.63. Overall, Morgan Stanley has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley's Book Value per Share compare to GS and SCHW?
Morgan Stanley's Book Value per Share of C$13.63 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Book Value per Share depends on the Capital Markets 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 Morgan Stanley and its competitors. Morgan Stanley's current Book Value per Share is C$13.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley stock overvalued right now?
Based on GuruFocus' analysis, Morgan Stanley (TSX:MS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$30.18, compared to a current price of C$42.36 — trading 40.4% above its estimated fair value. The current Book Value per Share is C$13.63. Morgan Stanley's overall GF Score™ is 57/100 with 8 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 Morgan Stanley (TSX:MS), the current Book Value per Share is C$13.63 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 Morgan Stanley (TSX:MS) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Stanley stock appears to be overvalued.
The current stock price of C$42.36 is trading 40.4% above its estimated GF Value™ of C$30.18.
GuruFocus considers Morgan Stanley to be Significantly Overvalued.
Key valuation signals for TSX:MS:
Book Value per Share: C$13.63
GF Value™: C$30.18 vs. price of C$42.36 (40.4% above fair value)
No single metric tells the full story. See the TSX:MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
57GF Score
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