MTN Zakhele Futhi (RF) (JSE:MTNZF) PB Ratio: 0.01 (As of Aug. 24, 2026) — 98% Below Median

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JSE:MTNZF MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
34 GF Score
Price R0.20
GF Value R17.15
! 3 Warning Signs
View Full Analysis

What is MTN Zakhele Futhi (RF) PB Ratio?

MTN Zakhele Futhi (RF) JSE:MTNZF 34 PB Ratio is 0.01 as of Aug. 24, 2026, which is 98% below its 10-year median of 0.66. GuruFocus rates JSE:MTNZF with a GF Score™ of 34/100 and a GF Value™ of R17.15. The stock has 3 warning signs investors should review.

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 (2026-08-24), MTN Zakhele Futhi (RF)'s share price is R0.20. MTN Zakhele Futhi (RF)'s Book Value per Share for the quarter that ended in Jun. 2025 was R24.79. Hence, MTN Zakhele Futhi (RF)'s PB Ratio of today is 0.01.

Good Sign:

MTN Zakhele Futhi (RF) Ltd stock PB Ratio (=0.01) is close to 10-year low of 0.01.

The historical rank and industry rank for MTN Zakhele Futhi (RF)'s PB Ratio or its related term are showing as below:

JSE:MTNZF' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.66   Max: 4.37
Current: 0.01

During the past 9 years, MTN Zakhele Futhi (RF)'s highest PB Ratio was 4.37. The lowest was 0.01. And the median was 0.66.

JSE:MTNZF's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.39 vs JSE:MTNZF: 0.01

During the past 12 months, MTN Zakhele Futhi (RF)'s average Book Value Per Share Growth Rate was 272.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -37.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of MTN Zakhele Futhi (RF) was 40.10% per year. The lowest was -39.00% per year. And the median was 2.25% per year.

Back to Basics: PB Ratio


MTN Zakhele Futhi (RF)  (JSE:MTNZF) 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.


MTN Zakhele Futhi (RF) PB Ratio Related Terms


MTN Zakhele Futhi (RF) PB Ratio Historical Data

* Premium members only.

The historical data trend for MTN Zakhele Futhi (RF)'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.

MTN Zakhele Futhi (RF) PB Ratio Chart

MTN Zakhele Futhi (RF) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.14 0.58 0.60 0.81 0.61

MTN Zakhele Futhi (RF) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.53 0.81 2.12 0.61 0.69

JSE:MTNZF vs XXI, APAD, CCCX: PB Ratio Comparison

For the Shell Companies subindustry, MTN Zakhele Futhi (RF)'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.


MTN Zakhele Futhi (RF) PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MTN Zakhele Futhi (RF)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where MTN Zakhele Futhi (RF)'s PB Ratio falls into.


JSE:MTNZF
34GF Score
MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Zakhele Futhi (RF) 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.

MTN Zakhele Futhi (RF)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=0.20/24.787
=0.01

* 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 0.01 mean?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a PB Ratio of 0.01 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MTN Zakhele Futhi (RF) and its competitors. This is 98% below median its historical median of 0.66. Over the past decade, MTN Zakhele Futhi (RF)'s PB Ratio has ranged from 0.01 to 4.37.
Is MTN Zakhele Futhi (RF)'s PB Ratio too high?
MTN Zakhele Futhi (RF)'s current PB Ratio of 0.01 is 98% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.37. The Diversified Financial Services industry median PB Ratio is 1.39. MTN Zakhele Futhi (RF)'s value of 0.01 is 99.3% below this industry median. Overall, MTN Zakhele Futhi (RF) has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does MTN Zakhele Futhi (RF)'s PB Ratio compare to XXI and APAD?
MTN Zakhele Futhi (RF)'s PB Ratio of 0.01 can be compared against companies in the Diversified Financial Services industry. The industry median PB Ratio is 1.39. MTN Zakhele Futhi (RF)'s value of 0.01 is 99.3% below this benchmark. Historically, MTN Zakhele Futhi (RF)'s own PB Ratio has ranged from 0.01 to 4.37 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.39, MTN Zakhele Futhi (RF) 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 Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.39, based on 457 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. MTN Zakhele Futhi (RF)'s current PB Ratio of 0.01 is 99.3% 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 MTN Zakhele Futhi (RF) and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Zakhele Futhi (RF)'s current PB Ratio is 0.01, which is 98% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Zakhele Futhi (RF) stock overvalued right now?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a current PB Ratio of 0.01. The stock's GF Value™ is R17.15, compared to a current price of R0.20 — trading 98.8% below its estimated fair value. The current PB Ratio is 0.01, which is 98% below median its 10-year median of 0.66 and 99.3% below the Diversified Financial Services industry median of 1.39. MTN Zakhele Futhi (RF)'s overall GF Score™ is 34/100 with 3 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 MTN Zakhele Futhi (RF) (JSE:MTNZF), the current PB Ratio is 0.01 as of Aug. 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 MTN Zakhele Futhi (RF) (JSE:MTNZF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Zakhele Futhi (RF) stock appears to be undervalued. The current stock price of R0.20 is trading 98.8% below its estimated GF Value™ of R17.15.

Key valuation signals for JSE:MTNZF:

  • PB Ratio: 0.01 (98% below median its 10-year median of 0.66)
  • GF Value™: R17.15 vs. price of R0.20 (98.8% below fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 99.3% below the Diversified Financial Services median

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


MTN Zakhele Futhi (RF) Business Description

Address 135 Rivonia Road, Sandown, Johannesburg, GT, ZAF, 2196
MTN Zakhele Futhi (RF) Ltd is an investment company formed as a special purpose investment vehicle to facilitate the implementation of a Broad-Based Black Economic Empowerment. The company is engaged in acquiring and holding shares in MTN Group on behalf of the participating black public.
34GF Score

Get the complete analysis for JSE:MTNZF

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

R0.20
Price
R17.15
GF Value