ASA International GroupLSE:ASAI +0.84%80 PB Ratio is 1.91 as of Jun. 24, 2026, which is 19% above its 10-year median of 1.60. GuruFocus rates LSE:ASAI with a GF Score™ of 80/100 and a GF Value™ of £1.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 523 Credit Services companies, ASA International Group ranks worse than 72.08% on this metric.
The historical rank and industry rank for ASA International Group's PB Ratio or its related term are showing as below:
LSE:ASAI'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 1.6 Max: 8.28
Current: 1.92
During the past 11 years, ASA International Group's highest PB Ratio was 8.28. The lowest was 0.34. And the median was 1.60.
LSE:ASAI's PB Ratio is ranked worse than 72.08% of 523
companies
in the Credit Services industry
Industry Median: 1.05
vs LSE:ASAI: 1.92
During the past 12 months, ASA International Group's average Book Value Per Share Growth Rate was 58.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of ASA International Group was 19.50% per year. The lowest was -7.60% per year. And the median was 6.50% per year.
Back to Basics: PB Ratio
ASA International Group (LSE:ASAI) 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.
* 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 Credit Services subindustry, ASA International 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.
ASA International Group PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASA International Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where ASA International 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.
ASA International Group (LSE:ASAI) has a PB Ratio of 1.91 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 ASA International Group and its competitors. This is 19% above median its historical median of 1.60. Over the past decade, ASA International Group's PB Ratio has ranged from 0.34 to 8.28. According to the industry distribution chart, ASA International Group ranks #377 out of 523 companies in the Credit Services industry, placing it in the top 72.1%.
Is ASA International Group's PB Ratio too high?
ASA International Group's current PB Ratio of 1.91 is 19% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 8.28. The Credit Services industry median PB Ratio is 1.05. ASA International Group's value of 1.91 is 81.9% above this industry median. Based on the distribution chart, ASA International Group ranks #377 out of 523 companies in the Credit Services industry, which is below the industry midpoint. Overall, ASA International Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASA International Group's PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, ASA International Group ranks #377 out of 523 companies for PB Ratio. This places ASA International Group in the lower half of its industry. The industry median PB Ratio is 1.05. ASA International Group's value of 1.91 is 81.9% above this benchmark. Historically, ASA International Group's own PB Ratio has ranged from 0.34 to 8.28 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.05, ASA International Group 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.05, based on 523 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. ASA International Group's current PB Ratio of 1.91 is 81.9% 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 ASA International Group and its competitors. For the Credit Services industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASA International Group's current PB Ratio is 1.91, which is 19% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASA International Group stock overvalued right now?
Based on GuruFocus' analysis, ASA International Group (LSE:ASAI) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.47, compared to a current price of £2.40 — trading 63.3% above its estimated fair value. The current PB Ratio is 1.91, which is 19% above median its 10-year median of 1.60 and 81.9% above the Credit Services industry median of 1.05. ASA International Group's overall GF Score™ is 80/100 with 5 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 ASA International Group (LSE:ASAI), the current PB Ratio is 1.91 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 ASA International Group (LSE:ASAI) Overvalued in 2026?
Based on GuruFocus' analysis, ASA International Group stock appears to be overvalued.
The current stock price of £2.40 is trading 63.3% above its estimated GF Value™ of £1.47.
GuruFocus considers ASA International Group to be Significantly Overvalued.
Key valuation signals for LSE:ASAI:
PB Ratio: 1.91 (19% above median its 10-year median of 1.60)
GF Value™: £1.47 vs. price of £2.40 (63.3% above fair value)
Industry Position: 81.9% above the Credit Services median (#377 of 523)
No single metric tells the full story. See the LSE:ASAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASA International Group PLC is an international micro-finance institution that aims to enhance financial inclusion among low-income populations throughout Asia and Africa. Its geographical segments include West Africa, which includes Ghana, Nigeria, Sierra Leone; East Africa, which includes Kenya, Uganda, Tanzania, Rwanda; South Asia, which includes India, Pakistan, Sri Lanka; South East Asia, which includes Myanmar, Philippines, and Holding & other non-operating entities, which includes holding entities and other entities without microfinance activities.
80GF Score
Get the complete analysis for LSE:ASAI
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:ASAI has been successfully added to your 
