Maximus (FRA:MMY) PB Ratio: 1.69 (As of Jun. 24, 2026) — 52% Below Median


FRA:MMY Maximus Inc FRA:MMY
75 GF Score
Price €46.60
GF Value €77.66
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Maximus PB Ratio?

Maximus FRA:MMY -3.32% 75 PB Ratio is 1.69 as of Jun. 24, 2026, which is 52% below its 10-year median of 3.52. GuruFocus rates FRA:MMY with a GF Score™ of 75/100 and a GF Value™ of €77.66 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,049 Business Services companies, Maximus ranks worse than 53.29% 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), Maximus's share price is €46.60. Maximus's Book Value per Share for the quarter that ended in Mar. 2026 was €27.64. Hence, Maximus's PB Ratio of today is 1.69.

Good Sign:

Maximus Inc stock PB Ratio (=1.75) is close to 10-year low of 1.74.

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

FRA:MMY' s PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 3.52   Max: 5.52
Current: 1.75

During the past 13 years, Maximus's highest PB Ratio was 5.52. The lowest was 1.74. And the median was 3.52.

FRA:MMY's PB Ratio is ranked worse than
53.29% of 1049 companies
in the Business Services industry
Industry Median: 1.62 vs FRA:MMY: 1.75

During the past 12 months, Maximus's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maximus was 137.50% per year. The lowest was -7.30% per year. And the median was 12.40% per year.

Back to Basics: PB Ratio


Maximus  (FRA:MMY) 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.


Maximus PB Ratio Related Terms


Maximus PB Ratio Historical Data

* Premium members only.

The historical data trend for Maximus'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.

Maximus PB Ratio Chart

Maximus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 2.31 2.75 2.98 2.88

Maximus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.27 2.16 2.88 2.71 2.03

FRA:MMY vs FA, AZZ, CMPR: PB Ratio Comparison

For the Specialty Business Services subindustry, Maximus'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.


Maximus PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maximus's PB Ratio falls into.


FRA:MMY
75GF Score
Maximus Inc FRA:MMY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus 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.

Maximus's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=46.60/27.638
=1.69

* 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 1.69 mean?
Maximus (FRA:MMY) has a PB Ratio of 1.69 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 Maximus and its competitors. This is 52% below median its historical median of 3.52. Over the past decade, Maximus' PB Ratio has ranged from 1.74 to 5.52. According to the industry distribution chart, Maximus ranks #559 out of 1049 companies in the Business Services industry, placing it in the top 53.3%.
Is Maximus' PB Ratio too high?
Maximus' current PB Ratio of 1.69 is 52% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 5.52. The Business Services industry median PB Ratio is 1.62. Maximus' value of 1.69 is 4.3% above this industry median. Based on the distribution chart, Maximus ranks #559 out of 1049 companies in the Business Services industry, which is below the industry midpoint. Overall, Maximus has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maximus' PB Ratio compare to FA and AZZ?
According to the Business Services industry distribution chart, Maximus ranks #559 out of 1049 companies for PB Ratio. This places Maximus in the lower half of its industry. The industry median PB Ratio is 1.62. Maximus' value of 1.69 is 4.3% above this benchmark. Historically, Maximus' own PB Ratio has ranged from 1.74 to 5.52 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 1.62, Maximus 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 Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 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. Maximus's current PB Ratio of 1.69 is 4.3% 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 Maximus and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current PB Ratio is 1.69, which is 52% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Based on GuruFocus' analysis, Maximus (FRA:MMY) is currently considered Significantly Undervalued. The stock's GF Value™ is €77.66, compared to a current price of €46.60 — trading 40% below its estimated fair value. The current PB Ratio is 1.69, which is 52% below median its 10-year median of 3.52 and 4.3% above the Business Services industry median of 1.62. Maximus' overall GF Score™ is 75/100 with 2 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 Maximus (FRA:MMY), the current PB Ratio is 1.69 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 Maximus (FRA:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of €46.60 is trading 40% below its estimated GF Value™ of €77.66. GuruFocus considers Maximus to be Significantly Undervalued.

Key valuation signals for FRA:MMY:

  • PB Ratio: 1.69 (52% below median its 10-year median of 3.52)
  • GF Value™: €77.66 vs. price of €46.60 (40% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 4.3% above the Business Services median (#559 of 1049)

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


Maximus Business Description

Other Exchanges MMS:USA
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
75GF Score

Get the complete analysis for FRA:MMY

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

€46.60
Price
€77.66
GF Value