Fairfax India Holdings (FRA:F5X) PB Ratio: 0.97 (As of Jul. 16, 2026) — 26% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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.

FRA:F5X Fairfax India Holdings Corp FRA:F5X
55 GF Score
Price €15.96
GF Value €27.19
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Fairfax India Holdings PB Ratio?

Fairfax India Holdings FRA:F5X -0.87% 55 PB Ratio is 0.97 as of Jul. 16, 2026, which is 26% above its 10-year median of 0.77. GuruFocus rates FRA:F5X with a GF Score™ of 55/100 and a GF Value™ of €27.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,600 Asset Management companies, Fairfax India Holdings ranks worse than 51.19% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), Fairfax India Holdings's share price is €15.96. Fairfax India Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was €16.50. Hence, Fairfax India Holdings's PB Ratio of today is 0.97.

Warning Sign:

Fairfax India Holdings Corp stock PB Ratio (=0.99) is close to 5-year high of 0.99.

The historical rank and industry rank for Fairfax India Holdings's PB Ratio or its related term are showing as below:

FRA:F5X' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.35
Current: 0.98

During the past 12 years, Fairfax India Holdings's highest PB Ratio was 1.35. The lowest was 0.40. And the median was 0.77.

FRA:F5X's PB Ratio is ranked worse than
51.19% of 1600 companies
in the Asset Management industry
Industry Median: 0.96 vs FRA:F5X: 0.98

During the past 12 months, Fairfax India Holdings's average Book Value Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Fairfax India Holdings was 18.10% per year. The lowest was 2.20% per year. And the median was 8.20% per year.

Back to Basics: PB Ratio


Fairfax India Holdings  (FRA:F5X) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Fairfax India Holdings PB Ratio Related Terms


Fairfax India Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Fairfax India Holdings's PB Ratio 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.

Fairfax India Holdings PB Ratio Chart

Fairfax India Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.63 0.67 0.74 0.71

Fairfax India Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.86 0.85 0.82 0.71 0.86

FRA:F5X vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Fairfax India 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.


Fairfax India Holdings PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fairfax India Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fairfax India Holdings's PB Ratio falls into.


FRA:F5X
55GF Score
Fairfax India Holdings Corp FRA:F5X
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fairfax India Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Fairfax India Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=15.96/16.501
=0.97

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.97 mean?
Fairfax India Holdings (FRA:F5X) has a PB Ratio of 0.97 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fairfax India Holdings and its competitors. This is 26% above median its historical median of 0.77. Over the past decade, Fairfax India Holdings' PB Ratio has ranged from 0.40 to 1.35. According to the industry distribution chart, Fairfax India Holdings ranks #819 out of 1600 companies in the Asset Management industry, placing it in the top 51.2%.
Is Fairfax India Holdings' PB Ratio too high?
Fairfax India Holdings' current PB Ratio of 0.97 is 26% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.35. The Asset Management industry median PB Ratio is 0.96. Fairfax India Holdings' value of 0.97 is 1% above this industry median. Based on the distribution chart, Fairfax India Holdings ranks #819 out of 1600 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fairfax India Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fairfax India Holdings' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fairfax India Holdings ranks #819 out of 1600 companies for PB Ratio. This places Fairfax India Holdings in the lower half of its industry. The industry median PB Ratio is 0.96. Fairfax India Holdings' value of 0.97 is 1% above this benchmark. Historically, Fairfax India Holdings' own PB Ratio has ranged from 0.40 to 1.35 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.96, Fairfax India Holdings 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fairfax India Holdings's current PB Ratio of 0.97 is 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fairfax India Holdings and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairfax India Holdings's current PB Ratio is 0.97, which is 26% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax India Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax India Holdings (FRA:F5X) is currently considered Possible Value Trap. The stock's GF Value™ is €27.19, compared to a current price of €15.96 — trading 41.3% below its estimated fair value. The current PB Ratio is 0.97, which is 26% above median its 10-year median of 0.77 and 1% above the Asset Management industry median of 0.96. Fairfax India Holdings' overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Fairfax India Holdings (FRA:F5X), the current PB Ratio is 0.97 as of Jul. 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 Fairfax India Holdings (FRA:F5X) Overvalued in 2026?

Based on GuruFocus' analysis, Fairfax India Holdings stock appears to be undervalued. The current stock price of €15.96 is trading 41.3% below its estimated GF Value™ of €27.19. GuruFocus considers Fairfax India Holdings to be Possible Value Trap.

Key valuation signals for FRA:F5X:

  • PB Ratio: 0.97 (26% above median its 10-year median of 0.77)
  • GF Value™: €27.19 vs. price of €15.96 (41.3% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 1% above the Asset Management median (#819 of 1600)

No single metric tells the full story. See the FRA:F5X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fairfax India Holdings Business Description

Other Exchanges FFXDF:USAFIH.U:Canada
Address 95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. It operates through investing in India and Indian investments segment and it earns income through the source of interest and dividends.
55GF Score

Get the complete analysis for FRA:F5X

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

€15.96
Price
€27.19
GF Value