Axos FinancialAX +3.23%85 PB Ratio is 1.75 as of Jun. 24, 2026, which is 4% above its 10-year median of 1.68. GuruFocus rates AX with a GF Score™ of 85/100 and a GF Value™ of $87.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,516 Banks companies, Axos Financial ranks worse than 83.97% 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 (2026-06-24), Axos Financial's share price is $94.35. Axos Financial's Book Value per Share for the quarter that ended in Mar. 2026 was $53.89. Hence, Axos Financial's PB Ratio of today is 1.75.
The historical rank and industry rank for Axos Financial's PB Ratio or its related term are showing as below:
AX'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.68 Max: 3.03
Current: 1.75
During the past 13 years, Axos Financial's highest PB Ratio was 3.03. The lowest was 0.75. And the median was 1.68.
AX's PB Ratio is ranked worse than 83.97% of 1516
companies
in the Banks industry
Industry Median: 1.08
vs AX: 1.75
During the past 12 months, Axos Financial's average Book Value Per Share Growth Rate was 17.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axos Financial was 47.10% per year. The lowest was 6.20% per year. And the median was 18.55% 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.
Axos Financial PB Ratio Related Terms
Axos Financial PB Ratio Historical Data
* Premium members only.
The historical data trend for Axos Financial'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, Axos Financial'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.
Axos Financial PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Axos Financial'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.
Axos Financial'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.
Axos Financial (AX) has a PB Ratio of 1.75 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axos Financial and its competitors. This is near median its historical median of 1.68. Over the past decade, Axos Financial's PB Ratio has ranged from 0.75 to 3.03. According to the industry distribution chart, Axos Financial ranks #1273 out of 1516 companies in the Banks industry, placing it in the top 84%.
Is Axos Financial's PB Ratio too high?
Axos Financial's current PB Ratio of 1.75 is near median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.03. The Banks industry median PB Ratio is 1.08. Axos Financial's value of 1.75 is 62% above this industry median. Based on the distribution chart, Axos Financial ranks #1273 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Axos Financial has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axos Financial's PB Ratio compare to FINN and FFIN?
According to the Banks industry distribution chart, Axos Financial ranks #1273 out of 1516 companies for PB Ratio. This places Axos Financial in the lower half of its industry. The industry median PB Ratio is 1.08. Axos Financial's value of 1.75 is 62% above this benchmark. Historically, Axos Financial's own PB Ratio has ranged from 0.75 to 3.03 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.08, Axos Financial 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 1.08, based on 1,516 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. Axos Financial's current PB Ratio of 1.75 is 62% 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 Axos Financial and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axos Financial's current PB Ratio is 1.75, which is near median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axos Financial stock overvalued right now?
Based on GuruFocus' analysis, Axos Financial (AX) is currently considered Fairly Valued. The stock's GF Value™ is $87.65, compared to a current price of $94.35 — trading 7.6% above its estimated fair value. The current PB Ratio is 1.75, which is near median its 10-year median of 1.68 and 62% above the Banks industry median of 1.08. Axos Financial's overall GF Score™ is 85/100 with 4 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 Axos Financial (AX), the current PB Ratio is 1.75 as of Jun. 24, 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 Axos Financial (AX) Overvalued in 2026?
Based on GuruFocus' analysis, Axos Financial stock appears to be overvalued.
The current stock price of $94.35 is trading 7.6% above its estimated GF Value™ of $87.65.
GuruFocus considers Axos Financial to be Fairly Valued.
Key valuation signals for AX:
PB Ratio: 1.75 (near median its 10-year median of 1.68)
GF Value™: $87.65 vs. price of $94.35 (7.6% above fair value)
Industry Position: 62% above the Banks median (#1273 of 1516)
No single metric tells the full story. See the AX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking business segment and securities business segment. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
85GF Score
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