Freedom HoldingFRA:DMW2 -0.71%77 PB Ratio is 6.66 as of Jul. 06, 2026, which is 16% above its 10-year median of 5.76. GuruFocus rates FRA:DMW2 with a GF Score™ of 77/100 and a GF Value™ of €131.86 (Fairly Valued). The stock has 11 warning signs investors should review. Among 470 Diversified Financial Services companies, Freedom Holding ranks worse than 89.36% 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 (2026-07-06), Freedom Holding's share price is €140.00. Freedom Holding's Book Value per Share for the quarter that ended in Mar. 2026 was €21.02. Hence, Freedom Holding's PB Ratio of today is 6.66.
The historical rank and industry rank for Freedom Holding's PB Ratio or its related term are showing as below:
FRA:DMW2'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 5.76 Max: 19.92
Current: 6.68
During the past 13 years, Freedom Holding's highest PB Ratio was 19.92. The lowest was 0.80. And the median was 5.76.
FRA:DMW2's PB Ratio is ranked worse than 89.36% of 470
companies
in the Diversified Financial Services industry
Industry Median: 1.38
vs FRA:DMW2: 6.68
During the past 12 months, Freedom Holding's average Book Value Per Share Growth Rate was 21.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 36.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Freedom Holding was 174.70% per year. The lowest was -93.60% per year. And the median was 21.75% 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.
Freedom Holding PB Ratio Related Terms
Freedom Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for Freedom Holding'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 Financial Conglomerates subindustry, Freedom Holding'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.
Freedom Holding PB Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Freedom Holding'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.
Freedom Holding'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.
Freedom Holding (FRA:DMW2) has a PB Ratio of 6.66 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Freedom Holding and its competitors. This is 16% above median its historical median of 5.76. Over the past decade, Freedom Holding's PB Ratio has ranged from 0.80 to 19.92. According to the industry distribution chart, Freedom Holding ranks #420 out of 470 companies in the Diversified Financial Services industry, placing it in the top 89.4%.
Is Freedom Holding's PB Ratio too high?
Freedom Holding's current PB Ratio of 6.66 is 16% above median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 19.92. The Diversified Financial Services industry median PB Ratio is 1.38. Freedom Holding's value of 6.66 is 382.6% above this industry median. Based on the distribution chart, Freedom Holding ranks #420 out of 470 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Freedom Holding has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's PB Ratio compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #420 out of 470 companies for PB Ratio. This places Freedom Holding in the lower half of its industry. The industry median PB Ratio is 1.38. Freedom Holding's value of 6.66 is 382.6% above this benchmark. Historically, Freedom Holding's own PB Ratio has ranged from 0.80 to 19.92 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.38, Freedom Holding 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 Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.38, based on 470 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. Freedom Holding's current PB Ratio of 6.66 is 382.6% 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 Freedom Holding and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding's current PB Ratio is 6.66, which is 16% above median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRA:DMW2) is currently considered Fairly Valued. The stock's GF Value™ is €131.86, compared to a current price of €140.00 — trading 6.2% above its estimated fair value. The current PB Ratio is 6.66, which is 16% above median its 10-year median of 5.76 and 382.6% above the Diversified Financial Services industry median of 1.38. Freedom Holding's overall GF Score™ is 77/100 with 11 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 Freedom Holding (FRA:DMW2), the current PB Ratio is 6.66 as of Jul. 06, 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 Freedom Holding (FRA:DMW2) Overvalued in 2026?
Based on GuruFocus' analysis, Freedom Holding stock appears to be overvalued.
The current stock price of €140.00 is trading 6.2% above its estimated GF Value™ of €131.86.
GuruFocus considers Freedom Holding to be Fairly Valued.
Key valuation signals for FRA:DMW2:
PB Ratio: 6.66 (16% above median its 10-year median of 5.76)
GF Value™: €131.86 vs. price of €140.00 (6.2% above fair value)
Industry Position: 382.6% above the Diversified Financial Services median (#420 of 470)
No single metric tells the full story. See the FRA:DMW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
77GF Score
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