MA Financial GroupASX:MAF -0.83%72 PB Ratio is 2.26 as of Jun. 27, 2026, which is 16% below its 10-year median of 2.69. GuruFocus rates ASX:MAF with a GF Score™ of 72/100 and a GF Value™ of A$7.63 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,604 Asset Management companies, MA Financial Group ranks worse than 87.22% on this metric.
MA Financial Group Ltd stock PB Ratio (=2.51) is close to 1-year low of 2.26.
The historical rank and industry rank for MA Financial Group's PB Ratio or its related term are showing as below:
ASX:MAF'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 2.69 Max: 5.35
Current: 2.26
During the past 9 years, MA Financial Group's highest PB Ratio was 5.35. The lowest was 1.01. And the median was 2.69.
ASX:MAF's PB Ratio is ranked worse than 87.22% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs ASX:MAF: 2.26
During the past 12 months, MA Financial Group's average Book Value Per Share Growth Rate was 1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of MA Financial Group was 17.20% per year. The lowest was 0.90% per year. And the median was 8.00% 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.
MA Financial Group PB Ratio Related Terms
MA Financial Group PB Ratio Historical Data
* Premium members only.
The historical data trend for MA Financial 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 Asset Management subindustry, MA Financial 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.
MA Financial Group PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MA Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where MA Financial 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.
* 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.
MA Financial Group (ASX:MAF) has a PB Ratio of 2.26 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MA Financial Group and its competitors. This is 16% below median its historical median of 2.69. Over the past decade, MA Financial Group's PB Ratio has ranged from 1.01 to 5.35. According to the industry distribution chart, MA Financial Group ranks #1399 out of 1604 companies in the Asset Management industry, placing it in the top 87.2%.
Is MA Financial Group's PB Ratio too high?
MA Financial Group's current PB Ratio of 2.26 is 16% below median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.35. The Asset Management industry median PB Ratio is 0.95. MA Financial Group's value of 2.26 is 137.9% above this industry median. Based on the distribution chart, MA Financial Group ranks #1399 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MA Financial Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MA Financial Group's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, MA Financial Group ranks #1399 out of 1604 companies for PB Ratio. This places MA Financial Group in the lower half of its industry. The industry median PB Ratio is 0.95. MA Financial Group's value of 2.26 is 137.9% above this benchmark. Historically, MA Financial Group's own PB Ratio has ranged from 1.01 to 5.35 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 0.95, MA Financial Group 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 0.95, based on 1,604 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. MA Financial Group's current PB Ratio of 2.26 is 137.9% 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 MA Financial Group and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MA Financial Group's current PB Ratio is 2.26, which is 16% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MA Financial Group stock overvalued right now?
Based on GuruFocus' analysis, MA Financial Group (ASX:MAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$7.63, compared to a current price of A$5.95 — trading 22% below its estimated fair value. The current PB Ratio is 2.26, which is 16% below median its 10-year median of 2.69 and 137.9% above the Asset Management industry median of 0.95. MA Financial Group's overall GF Score™ is 72/100 with 6 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 MA Financial Group (ASX:MAF), the current PB Ratio is 2.26 as of Jun. 27, 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 MA Financial Group (ASX:MAF) Overvalued in 2026?
Based on GuruFocus' analysis, MA Financial Group stock appears to be undervalued.
The current stock price of A$5.95 is trading 22% below its estimated GF Value™ of A$7.63.
GuruFocus considers MA Financial Group to be Modestly Undervalued.
Key valuation signals for ASX:MAF:
PB Ratio: 2.26 (16% below median its 10-year median of 2.69)
GF Value™: A$7.63 vs. price of A$5.95 (22% below fair value)
Industry Position: 137.9% above the Asset Management median (#1399 of 1604)
No single metric tells the full story. See the ASX:MAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.
72GF Score
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