AJ Bell (LSE:AJB) EV-to-EBIT: 14.00 (As of Aug. 16, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:AJB AJ Bell PLC LSE:AJB
95 GF Score
Price £6.18
GF Value £5.99
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is AJ Bell EV-to-EBIT?

AJ Bell LSE:AJB +0.98% 95 EV-to-EBIT is 14.00 as of Aug. 16, 2026, which is 35% below its 10-year median of 21.45. GuruFocus rates LSE:AJB with a GF Score™ of 95/100 and a GF Value™ of £5.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 499 Asset Management companies, AJ Bell ranks worse than 64.13% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AJ Bell's Enterprise Value is £2,278.1 Mil. AJ Bell's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £162.7 Mil. Therefore, AJ Bell's EV-to-EBIT for today is 14.00.

The historical rank and industry rank for AJ Bell's EV-to-EBIT or its related term are showing as below:

LSE:AJB' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.13   Med: 21.45   Max: 65.28
Current: 14

During the past 10 years, the highest EV-to-EBIT of AJ Bell was 65.28. The lowest was 10.13. And the median was 21.45.

LSE:AJB's EV-to-EBIT is ranked worse than
64.13% of 499 companies
in the Asset Management industry
Industry Median: 9.65 vs LSE:AJB: 14.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AJ Bell's Enterprise Value for the quarter that ended in Mar. 2026 was £1,705.7 Mil. AJ Bell's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £162.7 Mil. AJ Bell's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.54%.


AJ Bell  (LSE:AJB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

AJ Bell's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=162.687/1705.692888
=9.54 %

AJ Bell's Enterprise Value for the quarter that ended in Mar. 2026 was £1,705.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AJ Bell's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £162.7 Mil.

* 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.


AJ Bell EV-to-EBIT Related Terms


AJ Bell EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for AJ Bell's EV-to-EBIT 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.

AJ Bell EV-to-EBIT Chart

AJ Bell Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.91 17.52 11.22 14.63 14.48

AJ Bell Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT 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 0.00 14.63 0.00 14.48 0.00

LSE:AJB vs BLK, BX, KKR: EV-to-EBIT Comparison

For the Asset Management subindustry, AJ Bell's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


AJ Bell EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AJ Bell's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AJ Bell's EV-to-EBIT falls into.


LSE:AJB
95GF Score
AJ Bell PLC LSE:AJB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AJ Bell EV-to-EBIT Calculation

AJ Bell's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2278.054/162.687
=14.00

AJ Bell's current Enterprise Value is £2,278.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AJ Bell's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £162.7 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 14.00 mean?
AJ Bell (LSE:AJB) has a EV-to-EBIT of 14.00 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AJ Bell and its competitors. This is 35% below median its historical median of 21.45. Over the past decade, AJ Bell's EV-to-EBIT has ranged from 10.13 to 65.28. According to the industry distribution chart, AJ Bell ranks #320 out of 499 companies in the Asset Management industry, placing it in the top 64.1%.
Is AJ Bell's EV-to-EBIT too high?
AJ Bell's current EV-to-EBIT of 14.00 is 35% below median its 10-year median of 21.45. Over the past 10 years, this metric has ranged from a low of 10.13 to a high of 65.28. The Asset Management industry median EV-to-EBIT is 9.65. AJ Bell's value of 14.00 is 45.1% above this industry median. Based on the distribution chart, AJ Bell ranks #320 out of 499 companies in the Asset Management industry, which is below the industry midpoint. Overall, AJ Bell has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AJ Bell's EV-to-EBIT compare to BLK and BX?
According to the Asset Management industry distribution chart, AJ Bell ranks #320 out of 499 companies for EV-to-EBIT. This places AJ Bell in the lower half of its industry. The industry median EV-to-EBIT is 9.65. AJ Bell's value of 14.00 is 45.1% above this benchmark. Historically, AJ Bell's own EV-to-EBIT has ranged from 10.13 to 65.28 over the past decade. While the company's 10-year median is 21.45 vs. the industry median of 9.65, AJ Bell has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.65, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AJ Bell's current EV-to-EBIT of 14.00 is 45.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AJ Bell and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Bell's current EV-to-EBIT is 14.00, which is 35% below median its own 10-year median of 21.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Bell stock overvalued right now?
Based on GuruFocus' analysis, AJ Bell (LSE:AJB) is currently considered Fairly Valued. The stock's GF Value™ is £5.99, compared to a current price of £6.18 — trading 3.2% above its estimated fair value. The current EV-to-EBIT is 14.00, which is 35% below median its 10-year median of 21.45 and 45.1% above the Asset Management industry median of 9.65. AJ Bell's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For AJ Bell (LSE:AJB), the current EV-to-EBIT is 14.00 as of Aug. 16, 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 AJ Bell (LSE:AJB) Overvalued in 2026?

Based on GuruFocus' analysis, AJ Bell stock appears to be overvalued. The current stock price of £6.18 is trading 3.2% above its estimated GF Value™ of £5.99. GuruFocus considers AJ Bell to be Fairly Valued.

Key valuation signals for LSE:AJB:

  • EV-to-EBIT: 14.00 (35% below median its 10-year median of 21.45)
  • GF Value™: £5.99 vs. price of £6.18 (3.2% above fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 45.1% above the Asset Management median (#320 of 499)

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


AJ Bell Business Description

Other Exchanges AJBl:UK3FY:Germany
Address 4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE
AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.
95GF Score

Get the complete analysis for LSE:AJB

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£6.18
Price
£5.99
GF Value