Ecobank Ghana (XGHA:EGH) Book Value per Share: GHS23.68 (As of Mar. 2026)

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XGHA:EGH Ecobank Ghana Ltd XGHA:EGH
58 GF Score
Price GHS39.00
GF Value GHS10.16
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ecobank Ghana Book Value per Share?

Ecobank Ghana XGHA:EGH 58 Book Value per Share is GHS23.68 as of Mar. 2026. GuruFocus rates XGHA:EGH with a GF Score™ of 58/100 and a GF Value™ of GHS10.16 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Ecobank Ghana's book value per share for the quarter that ended in Mar. 2026 was GHS23.68.

During the past 12 months, Ecobank Ghana's average Book Value Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.20% 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 Ecobank Ghana was 38.40% per year. The lowest was 9.10% per year. And the median was 23.70% per year.

Ecobank Ghana's current price is GHS39.00. Its book value per share for the quarter that ended in Mar. 2026 was GHS23.68. Hence, today's PB Ratio of Ecobank Ghana is 1.65.

During the past 13 years, the highest P/B Ratio of Ecobank Ghana was 3.37. The lowest was 0.36. And the median was 0.91.


Ecobank Ghana  (XGHA:EGH) 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.


Ecobank Ghana Book Value per Share Related Terms


Ecobank Ghana Book Value per Share Historical Data

* Premium members only.

The historical data trend for Ecobank Ghana'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.

Ecobank Ghana Book Value per Share Chart

Ecobank Ghana Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 8.39 11.35 16.74 22.24

Ecobank Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.77 18.80 20.82 22.24 23.68

XGHA:EGH vs PNC: Book Value per Share Comparison

For the Banks - Regional subindustry, Ecobank Ghana'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.


Ecobank Ghana PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Ecobank Ghana's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ecobank Ghana's PB Ratio falls into.


XGHA:EGH
58GF Score
Ecobank Ghana Ltd XGHA:EGH
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecobank Ghana Book Value per Share Calculation

Ecobank Ghana's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,175-0)/323
=22.24

Ecobank Ghana'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)
=(7,639-0)/323
=23.68

* 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 GHS23.68 mean?
Ecobank Ghana (XGHA:EGH) has a Book Value per Share of GHS23.68 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Ecobank Ghana and its competitors.
Is Ecobank Ghana's Book Value per Share too high?
Ecobank Ghana's current Book Value per Share is GHS23.68. Overall, Ecobank Ghana has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Ghana's Book Value per Share compare to PNC?
Ecobank Ghana's Book Value per Share of GHS23.68 can be compared against companies in the Banks 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 Banks company?
A good Book Value per Share depends on the Banks 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 Ecobank Ghana and its competitors. Ecobank Ghana's current Book Value per Share is GHS23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecobank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Ecobank Ghana (XGHA:EGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS10.16, compared to a current price of GHS39.00 — trading 283.9% above its estimated fair value. The current Book Value per Share is GHS23.68. Ecobank Ghana's overall GF Score™ is 58/100 with 2 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 Ecobank Ghana (XGHA:EGH), the current Book Value per Share is GHS23.68 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 Ecobank Ghana (XGHA:EGH) Overvalued in 2026?

Based on GuruFocus' analysis, Ecobank Ghana stock appears to be overvalued. The current stock price of GHS39.00 is trading 283.9% above its estimated GF Value™ of GHS10.16. GuruFocus considers Ecobank Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:EGH:

  • Book Value per Share: GHS23.68
  • GF Value™: GHS10.16 vs. price of GHS39.00 (283.9% above fair value)
  • GF Score™: 58/100 with 2 warning signs

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


Ecobank Ghana Business Description

Address 2 Morocco Lane, Off The Independence Avenue, Ministerial Area, Accra, GHA, 3261
Ecobank Ghana Ltd is a commercial banking corporation based in Ghana. Its service offering includes retail, corporate, and investment banking products. The bank functions through three operating segments namely Consumer banking focused on individuals who are grouped into a premier, advantage (personal banking), and classic & youth banking (direct banking); Commercial Banking focused on Business Banking and Medium Local Corporates such as SMEs, Medium Local corporates and Non-government public sector (schools, faith, NGOs & professional bodies); and Corporate banking specializes in serving the public sector, multinational institutions, financial institutions/international organizations and the Regional Corporate segment of the market.
58GF Score

Get the complete analysis for XGHA:EGH

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

GHS39.00
Price
GHS10.16
GF Value