NBS BankMSW:NBS 78 PB Ratio is 12.51 as of Jul. 13, 2026, which is 57% above its 10-year median of 7.99. GuruFocus rates MSW:NBS with a GF Score™ of 78/100 and a GF Value™ of MWK441.59 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,520 Banks companies, NBS Bank ranks worse than 99.8% 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 (2026-07-13), NBS Bank's share price is MWK699.99. NBS Bank's Book Value per Share for the quarter that ended in Jun. 2025 was MWK55.95. Hence, NBS Bank's PB Ratio of today is 12.51.
Good Sign:
NBS Bank PLC stock PB Ratio (=12.51) is close to 1-year low of 12.51.
The historical rank and industry rank for NBS Bank's PB Ratio or its related term are showing as below:
MSW:NBS'
s PB Ratio Range Over the Past 10 Years
Min: 2.08 Med: 7.99 Max: 290.28
Current: 12.51
During the past 10 years, NBS Bank's highest PB Ratio was 290.28. The lowest was 2.08. And the median was 7.99.
MSW:NBS's PB Ratio is ranked worse than 99.8% of 1520
companies
in the Banks industry
Industry Median: 1.1
vs MSW:NBS: 12.51
During the past 12 months, NBS Bank's average Book Value Per Share Growth Rate was 108.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 69.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 47.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of NBS Bank was 69.20% per year. The lowest was -39.20% per year. And the median was 32.20% 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.
NBS Bank PB Ratio Related Terms
NBS Bank PB Ratio Historical Data
* Premium members only.
The historical data trend for NBS Bank'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, NBS Bank'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.
NBS Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, NBS Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where NBS Bank'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.
NBS Bank'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.
NBS Bank (MSW:NBS) has a PB Ratio of 12.51 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NBS Bank and its competitors. This is 57% above median its historical median of 7.99. Over the past decade, NBS Bank's PB Ratio has ranged from 2.08 to 290.28. According to the industry distribution chart, NBS Bank ranks #1517 out of 1520 companies in the Banks industry, placing it in the top 99.8%.
Is NBS Bank's PB Ratio too high?
NBS Bank's current PB Ratio of 12.51 is 57% above median its 10-year median of 7.99. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 290.28. The Banks industry median PB Ratio is 1.10. NBS Bank's value of 12.51 is 1037.3% above this industry median. Based on the distribution chart, NBS Bank ranks #1517 out of 1520 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, NBS Bank has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBS Bank's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, NBS Bank ranks #1517 out of 1520 companies for PB Ratio. This places NBS Bank in the lower half of its industry. The industry median PB Ratio is 1.10. NBS Bank's value of 12.51 is 1037.3% above this benchmark. Historically, NBS Bank's own PB Ratio has ranged from 2.08 to 290.28 over the past decade. While the company's 10-year median is 7.99 vs. the industry median of 1.10, NBS Bank 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 a Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,520 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. NBS Bank's current PB Ratio of 12.51 is 1037.3% 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 NBS Bank and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBS Bank's current PB Ratio is 12.51, which is 57% above median its own 10-year median of 7.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBS Bank stock overvalued right now?
Based on GuruFocus' analysis, NBS Bank (MSW:NBS) is currently considered Significantly Overvalued. The stock's GF Value™ is MWK441.59, compared to a current price of MWK699.99 — trading 58.5% above its estimated fair value. The current PB Ratio is 12.51, which is 57% above median its 10-year median of 7.99 and 1037.3% above the Banks industry median of 1.10. NBS Bank's overall GF Score™ is 78/100 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 NBS Bank (MSW:NBS), the current PB Ratio is 12.51 as of Jul. 13, 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 NBS Bank (MSW:NBS) Overvalued in 2026?
Based on GuruFocus' analysis, NBS Bank stock appears to be overvalued.
The current stock price of MWK699.99 is trading 58.5% above its estimated GF Value™ of MWK441.59.
GuruFocus considers NBS Bank to be Significantly Overvalued.
Key valuation signals for MSW:NBS:
PB Ratio: 12.51 (57% above median its 10-year median of 7.99)
GF Value™: MWK441.59 vs. price of MWK699.99 (58.5% above fair value)
Industry Position: 1037.3% above the Banks median (#1517 of 1520)
No single metric tells the full story. See the MSW:NBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBS Bank PLC is predominantly involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.
78GF Score
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