Jefferies Financial GroupJEF -9.15%86 PB Ratio is 1.01 as of Jun. 26, 2026, which is 33% above its 10-year median of 0.76. GuruFocus rates JEF with a GF Score™ of 86/100 and a GF Value™ of $57.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 778 Capital Markets companies, Jefferies Financial Group ranks better than 60.93% on this metric.
The historical rank and industry rank for Jefferies Financial Group's PB Ratio or its related term are showing as below:
JEF'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.76 Max: 1.64
Current: 1.01
During the past 13 years, Jefferies Financial Group's highest PB Ratio was 1.64. The lowest was 0.34. And the median was 0.76.
JEF's PB Ratio is ranked better than 60.93% of 778
companies
in the Capital Markets industry
Industry Median: 1.29
vs JEF: 1.01
During the past 12 months, Jefferies Financial Group's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jefferies Financial Group was 40.00% per year. The lowest was -12.80% per year. And the median was 10.10% per year.
Back to Basics: PB Ratio
Jefferies Financial Group (NYSE:JEF) PB Ratio Explanation
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.
Jefferies Financial Group PB Ratio Related Terms
Jefferies Financial Group PB Ratio Historical Data
* 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 Capital Markets subindustry, Jefferies Financial Group'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.
Jefferies Financial Group PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jefferies Financial Group'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.
* 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.
Jefferies Financial Group (JEF) has a PB Ratio of 1.01 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jefferies Financial Group and its competitors. This is 33% above median its historical median of 0.76. Over the past decade, Jefferies Financial Group's PB Ratio has ranged from 0.34 to 1.64. According to the industry distribution chart, Jefferies Financial Group ranks #304 out of 778 companies in the Capital Markets industry, placing it in the top 39.1%.
Is Jefferies Financial Group's PB Ratio too high?
Jefferies Financial Group's current PB Ratio of 1.01 is 33% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.64. The Capital Markets industry median PB Ratio is 1.29. Jefferies Financial Group's value of 1.01 is 21.7% below this industry median. Based on the distribution chart, Jefferies Financial Group ranks #304 out of 778 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Jefferies Financial Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's PB Ratio compare to SF and BMNR?
According to the Capital Markets industry distribution chart, Jefferies Financial Group ranks #304 out of 778 companies for PB Ratio. This puts Jefferies Financial Group in the upper half of its industry. The industry median PB Ratio is 1.29. Jefferies Financial Group's value of 1.01 is 21.7% below this benchmark. Historically, Jefferies Financial Group's own PB Ratio has ranged from 0.34 to 1.64 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.29, Jefferies Financial Group has consistently been below 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.29, based on 778 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. Jefferies Financial Group's current PB Ratio of 1.01 is 21.7% below 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 Jefferies Financial Group and its competitors. For the Capital Markets industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jefferies Financial Group's current PB Ratio is 1.01, which is 33% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jefferies Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Jefferies Financial Group (JEF) is currently considered Fairly Valued. The stock's GF Value™ is $57.93, compared to a current price of $52.64 — trading 9.1% below its estimated fair value. The current PB Ratio is 1.01, which is 33% above median its 10-year median of 0.76 and 21.7% below the Capital Markets industry median of 1.29. Jefferies Financial Group's overall GF Score™ is 86/100 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 Jefferies Financial Group (JEF), the current PB Ratio is 1.01 as of Jun. 26, 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 Jefferies Financial Group (JEF) Overvalued in 2026?
Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued.
The current stock price of $52.64 is trading 9.1% below its estimated GF Value™ of $57.93.
GuruFocus considers Jefferies Financial Group to be Fairly Valued.
Key valuation signals for JEF:
PB Ratio: 1.01 (33% above median its 10-year median of 0.76)
GF Value™: $57.93 vs. price of $52.64 (9.1% below fair value)
Industry Position: 21.7% below the Capital Markets median (#304 of 778)
No single metric tells the full story. See the JEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jefferies Financial Group is a full-service investment banking and capital markets firm that was founded in 1962. After nearly 30 years of focusing on institutional trading services, it entered the investment banking industry in the early 1990s, which ultimately grew into the core business. In 2013, Jefferies merged with Leucadia, a manufacturing-focused holding company. Since merging, Jefferies became the core of the combined business as the bulk of the legacy portfolio was sold off and the parent company was renamed to match the subsidiary. Within the investment banking landscape, Jefferies predominately serves the North American middle market and has captured considerable market share over the past decade.
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