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.
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.
Absa GroupJSE:ABG +0.25%77 PB Ratio is 0.99 as of Jul. 18, 2026, which is 6% below its 10-year median of 1.05. GuruFocus rates JSE:ABG with a GF Score™ of 77/100 and a GF Value™ of R194.42 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,517 Banks companies, Absa Group ranks better than 61.7% 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 (2026-07-18), Absa Group's share price is R217.11. Absa Group's Book Value per Share for the quarter that ended in Dec. 2025 was R220.21. Hence, Absa Group's PB Ratio of today is 0.99.
The historical rank and industry rank for Absa Group's PB Ratio or its related term are showing as below:
JSE:ABG'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.05 Max: 1.65
Current: 0.98
During the past 13 years, Absa Group's highest PB Ratio was 1.65. The lowest was 0.50. And the median was 1.05.
JSE:ABG's PB Ratio is ranked better than 61.7% of 1517
companies
in the Banks industry
Industry Median: 1.12
vs JSE:ABG: 0.98
During the past 12 months, Absa Group's average Book Value Per Share Growth Rate was 7.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Absa Group was 23.10% per year. The lowest was -0.60% per year. And the median was 7.90% per year.
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.
Absa Group PB Ratio Related Terms
Absa Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Absa Group'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.
For the Banks - Regional subindustry, Absa Group'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.
Absa Group PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Absa Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Absa Group's PB Ratio falls into.
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.
Absa Group's PB Ratio for today is calculated as follows:
* 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.
Absa Group (JSE:ABG) has a PB Ratio of 0.99 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Absa Group and its competitors. This is near median its historical median of 1.05. Over the past decade, Absa Group's PB Ratio has ranged from 0.50 to 1.65. According to the industry distribution chart, Absa Group ranks #581 out of 1517 companies in the Banks industry, placing it in the top 38.3%.
Is Absa Group's PB Ratio too high?
Absa Group's current PB Ratio of 0.99 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.65. The Banks industry median PB Ratio is 1.12. Absa Group's value of 0.99 is 11.6% below this industry median. Based on the distribution chart, Absa Group ranks #581 out of 1517 companies in the Banks industry, which is above the industry midpoint. Overall, Absa Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Absa Group's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Absa Group ranks #581 out of 1517 companies for PB Ratio. This puts Absa Group in the upper half of its industry. The industry median PB Ratio is 1.12. Absa Group's value of 0.99 is 11.6% below this benchmark. Historically, Absa Group's own PB Ratio has ranged from 0.50 to 1.65 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.12, Absa Group has consistently been below 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 a Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,517 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. Absa Group's current PB Ratio of 0.99 is 11.6% below 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 Absa Group and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absa Group's current PB Ratio is 0.99, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absa Group stock overvalued right now?
Based on GuruFocus' analysis, Absa Group (JSE:ABG) is currently considered Modestly Overvalued. The stock's GF Value™ is R194.42, compared to a current price of R217.11 — trading 11.7% above its estimated fair value. The current PB Ratio is 0.99, which is near median its 10-year median of 1.05 and 11.6% below the Banks industry median of 1.12. Absa Group's overall GF Score™ is 77/100 with 1 warning sign 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 Absa Group (JSE:ABG), the current PB Ratio is 0.99 as of Jul. 18, 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 Absa Group (JSE:ABG) Overvalued in 2026?
Based on GuruFocus' analysis, Absa Group stock appears to be overvalued.
The current stock price of R217.11 is trading 11.7% above its estimated GF Value™ of R194.42.
GuruFocus considers Absa Group to be Modestly Overvalued.
Key valuation signals for JSE:ABG:
PB Ratio: 0.99 (near median its 10-year median of 1.05)
GF Value™: R194.42 vs. price of R217.11 (11.7% above fair value)
Industry Position: 11.6% below the Banks median (#581 of 1517)
No single metric tells the full story. See the JSE:ABG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Absa Group Ltd is a financial services company that has two main business segments: Personal and Private Banking offers a comprehensive range of product and services to the retail consumer segments. Customers are served through an extensive integrated channel network across physical and virtual points of presence, including partnerships, and more increasingly through digital. and Business Banking consists of business units and associated products where a designated client relationship exists. The business provides customers with a single relationship manager, supported by a team of specialists, rather than multiple touchpoints within the Group. Majority of the revenue is earn from Personal and Private Banking.
77GF Score
Get the complete analysis for JSE:ABG
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:ABG has been successfully added to your 
