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AJ BellFRA:3FY -2.13%97 PB Ratio is 11.18 as of Jul. 14, 2026, which is 6% above its 10-year median of 10.57. GuruFocus rates FRA:3FY with a GF Score™ of 97/100 and a GF Value™ of €6.67 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,602 Asset Management companies, AJ Bell ranks worse than 98.06% 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 (2026-07-14), AJ Bell's share price is €6.90. AJ Bell's Book Value per Share for the quarter that ended in Mar. 2026 was €0.62. Hence, AJ Bell's PB Ratio of today is 11.18.
Warning Sign:
AJ Bell PLC stock PB Ratio (=11.39) is close to 3-year high of 11.93.
The historical rank and industry rank for AJ Bell's PB Ratio or its related term are showing as below:
FRA:3FY'
s PB Ratio Range Over the Past 10 Years
Min: 6.19 Med: 10.57 Max: 30.13
Current: 11.39
During the past 10 years, AJ Bell's highest PB Ratio was 30.13. The lowest was 6.19. And the median was 10.57.
FRA:3FY's PB Ratio is ranked worse than 98.06% of 1602
companies
in the Asset Management industry
Industry Median: 0.96
vs FRA:3FY: 11.39
During the past 12 months, AJ Bell's average Book Value Per Share Growth Rate was 9.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of AJ Bell was 26.50% per year. The lowest was 14.80% per year. And the median was 16.60% 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.
AJ Bell PB Ratio Related Terms
AJ Bell PB Ratio Historical Data
* Premium members only.
The historical data trend for AJ Bell'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, AJ Bell'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.
AJ Bell PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AJ Bell's PB Ratio distribution charts can be found below:
* The bar in red indicates where AJ Bell'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.
AJ Bell'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.
AJ Bell (FRA:3FY) has a PB Ratio of 11.18 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AJ Bell and its competitors. This is near median its historical median of 10.57. Over the past decade, AJ Bell's PB Ratio has ranged from 6.19 to 30.13. According to the industry distribution chart, AJ Bell ranks #1571 out of 1602 companies in the Asset Management industry, placing it in the top 98.1%.
Is AJ Bell's PB Ratio too high?
AJ Bell's current PB Ratio of 11.18 is near median its 10-year median of 10.57. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 30.13. The Asset Management industry median PB Ratio is 0.96. AJ Bell's value of 11.18 is 1064.6% above this industry median. Based on the distribution chart, AJ Bell ranks #1571 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, AJ Bell has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AJ Bell's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, AJ Bell ranks #1571 out of 1602 companies for PB Ratio. This places AJ Bell in the lower half of its industry. The industry median PB Ratio is 0.96. AJ Bell's value of 11.18 is 1064.6% above this benchmark. Historically, AJ Bell's own PB Ratio has ranged from 6.19 to 30.13 over the past decade. While the company's 10-year median is 10.57 vs. the industry median of 0.96, AJ Bell 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 0.96, based on 1,602 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. AJ Bell's current PB Ratio of 11.18 is 1064.6% 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 AJ Bell and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Bell's current PB Ratio is 11.18, which is near median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Bell stock overvalued right now?
Based on GuruFocus' analysis, AJ Bell (FRA:3FY) is currently considered Fairly Valued. The stock's GF Value™ is €6.67, compared to a current price of €6.90 — trading 3.4% above its estimated fair value. The current PB Ratio is 11.18, which is near median its 10-year median of 10.57 and 1064.6% above the Asset Management industry median of 0.96. AJ Bell's overall GF Score™ is 97/100 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 AJ Bell (FRA:3FY), the current PB Ratio is 11.18 as of Jul. 14, 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 AJ Bell (FRA:3FY) Overvalued in 2026?
Based on GuruFocus' analysis, AJ Bell stock appears to be overvalued.
The current stock price of €6.90 is trading 3.4% above its estimated GF Value™ of €6.67.
GuruFocus considers AJ Bell to be Fairly Valued.
Key valuation signals for FRA:3FY:
PB Ratio: 11.18 (near median its 10-year median of 10.57)
GF Value™: €6.67 vs. price of €6.90 (3.4% above fair value)
Industry Position: 1064.6% above the Asset Management median (#1571 of 1602)
No single metric tells the full story. See the FRA:3FY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.
97GF Score
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