MAAS Group Holdings (ASX:MGH) PB Ratio: 2.11 (As of Jun. 25, 2026) — Near Median


ASX:MGH MAAS Group Holdings Ltd ASX:MGH
64 GF Score
Price A$5.31
GF Value A$5.61
Valuation Fairly Valued
! 7 Warning Signs
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What is MAAS Group Holdings PB Ratio?

MAAS Group Holdings ASX:MGH +0.76% 64 PB Ratio is 2.11 as of Jun. 25, 2026, which is at its 10-year median of 2.11. GuruFocus rates ASX:MGH with a GF Score™ of 64/100 and a GF Value™ of A$5.61 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,722 Construction companies, MAAS Group Holdings ranks worse than 65.91% 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 (2026-06-25), MAAS Group Holdings's share price is A$5.31. MAAS Group Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was A$2.52. Hence, MAAS Group Holdings's PB Ratio of today is 2.11.

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

ASX:MGH' s PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.11   Max: 5.93
Current: 2.12

During the past 6 years, MAAS Group Holdings's highest PB Ratio was 5.93. The lowest was 1.29. And the median was 2.11.

ASX:MGH's PB Ratio is ranked worse than
65.91% of 1722 companies
in the Construction industry
Industry Median: 1.31 vs ASX:MGH: 2.12

During the past 12 months, MAAS Group Holdings's average Book Value Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of MAAS Group Holdings was 33.60% per year. The lowest was 16.50% per year. And the median was 29.50% per year.

Back to Basics: PB Ratio


MAAS Group Holdings  (ASX:MGH) 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.


MAAS Group Holdings PB Ratio Related Terms


MAAS Group Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for MAAS Group 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.

MAAS Group Holdings PB Ratio Chart

MAAS Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 5.88 2.37 1.38 2.04 1.75

MAAS Group Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 2.04 2.06 1.75 2.16

ASX:MGH vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, MAAS Group 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.


MAAS Group Holdings PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, MAAS Group Holdings's PB Ratio distribution charts can be found below:

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


ASX:MGH
64GF Score
MAAS Group Holdings Ltd ASX:MGH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MAAS Group 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=5.31/2.518
=2.11

* 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 2.11 mean?
MAAS Group Holdings (ASX:MGH) has a PB Ratio of 2.11 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MAAS Group Holdings and its competitors. This is near median its historical median of 2.11. Over the past decade, MAAS Group Holdings' PB Ratio has ranged from 1.29 to 5.93. According to the industry distribution chart, MAAS Group Holdings ranks #1135 out of 1722 companies in the Construction industry, placing it in the top 65.9%.
Is MAAS Group Holdings' PB Ratio too high?
MAAS Group Holdings' current PB Ratio of 2.11 is near median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 5.93. The Construction industry median PB Ratio is 1.31. MAAS Group Holdings' value of 2.11 is 61.1% above this industry median. Based on the distribution chart, MAAS Group Holdings ranks #1135 out of 1722 companies in the Construction industry, which is below the industry midpoint. Overall, MAAS Group Holdings has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAAS Group Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, MAAS Group Holdings ranks #1135 out of 1722 companies for PB Ratio. This places MAAS Group Holdings in the lower half of its industry. The industry median PB Ratio is 1.31. MAAS Group Holdings' value of 2.11 is 61.1% above this benchmark. Historically, MAAS Group Holdings' own PB Ratio has ranged from 1.29 to 5.93 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.31, MAAS Group 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 a Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. MAAS Group Holdings's current PB Ratio of 2.11 is 61.1% 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 MAAS Group Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAAS Group Holdings's current PB Ratio is 2.11, which is near median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAAS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, MAAS Group Holdings (ASX:MGH) is currently considered Fairly Valued. The stock's GF Value™ is A$5.61, compared to a current price of A$5.31 — trading 5.3% below its estimated fair value. The current PB Ratio is 2.11, which is near median its 10-year median of 2.11 and 61.1% above the Construction industry median of 1.31. MAAS Group Holdings' overall GF Score™ is 64/100 with 7 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 MAAS Group Holdings (ASX:MGH), the current PB Ratio is 2.11 as of Jun. 25, 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 MAAS Group Holdings (ASX:MGH) Overvalued in 2026?

Based on GuruFocus' analysis, MAAS Group Holdings stock appears to be undervalued. The current stock price of A$5.31 is trading 5.3% below its estimated GF Value™ of A$5.61. GuruFocus considers MAAS Group Holdings to be Fairly Valued.

Key valuation signals for ASX:MGH:

  • PB Ratio: 2.11 (near median its 10-year median of 2.11)
  • GF Value™: A$5.61 vs. price of A$5.31 (5.3% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 61.1% above the Construction median (#1135 of 1722)

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


MAAS Group Holdings Business Description

Address 20L Sheraton Road, Dubbo, NSW, AUS, 2830
MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.
64GF Score

Get the complete analysis for ASX:MGH

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

A$5.31
Price
A$5.61
GF Value