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RMB Holdings (JSE:RMH) PB Ratio : 0.59 (As of Mar. 03, 2025)


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What is RMB Holdings PB Ratio?

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 (2025-03-03), RMB Holdings's share price is R0.39. RMB Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was R0.66. Hence, RMB Holdings's PB Ratio of today is 0.59.

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

JSE:RMH's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


RMB Holdings PB Ratio Historical Data

The historical data trend for RMB 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.

* Premium members only.

RMB Holdings PB Ratio Chart

RMB Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.47 0.58 0.49

RMB Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Sep24
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 0.58 0.83 0.49 0.47 0.62

Competitive Comparison of RMB Holdings's PB Ratio

For the Banks - Regional subindustry, RMB 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.


RMB Holdings's PB Ratio Distribution in the Banks Industry

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

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



RMB 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.39/0.66
=0.59

* 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.


RMB Holdings  (JSE:RMH) 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.


RMB Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of RMB Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RMB Holdings Business Description

Traded in Other Exchanges
Address
Corner Cradock and Tyrwhitt Avenues, The Bank, 12th floor, Rosebank, Johannesburg, GT, ZAF, 2196
RMB Holdings Ltd is a holding company that owns roughly a third of FirstRand Limited, which is a large financial services group in South Africa. FirstRand is RMB's sole investment. FirstRand operates First National Bank, which is a retail and commercial bank; Rand Merchant Bank, which is a corporate and investment bank; WesBank, which offers vehicle and asset financing; and Ashburton Investments, which engages in investment management. FirstRand generates more than half its total revenue from net interest income, with the remainder coming from fees, commissions, and insurance premiums. By business, First National Bank, the retail and commercial bank, provides most of FirstRand's revenue.

RMB Holdings Headlines

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