Raymond James Financial Inc stock PB Ratio (=2.32) is close to 1-year low of 2.2.
The historical rank and industry rank for Raymond James Financial's PB Ratio or its related term are showing as below:
MEX:RJF'
s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 2.21 Max: 2.98
Current: 2.32
During the past 13 years, Raymond James Financial's highest PB Ratio was 2.98. The lowest was 1.16. And the median was 2.21.
MEX:RJF's PB Ratio is ranked worse than 87.47% of 1604
companies
in the Asset Management industry
Industry Median: 0.95
vs MEX:RJF: 2.32
During the past 12 months, Raymond James Financial's average Book Value Per Share Growth Rate was 8.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Raymond James Financial was 27.20% per year. The lowest was 8.00% per year. And the median was 12.55% per year.
Back to Basics: PB Ratio
Raymond James Financial (MEX:RJF) 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 Asset Management subindustry, Raymond James Financial'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.
Raymond James Financial PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Raymond James Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Raymond James Financial'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.
Raymond James Financial (MEX:RJF) has a PB Ratio of 2.73 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Raymond James Financial and its competitors. This is 24% above median its historical median of 2.21. Over the past decade, Raymond James Financial's PB Ratio has ranged from 1.16 to 2.98. According to the industry distribution chart, Raymond James Financial ranks #1403 out of 1604 companies in the Asset Management industry, placing it in the top 87.5%.
Is Raymond James Financial's PB Ratio too high?
Raymond James Financial's current PB Ratio of 2.73 is 24% above median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.98. The Asset Management industry median PB Ratio is 0.95. Raymond James Financial's value of 2.73 is 187.4% above this industry median. Based on the distribution chart, Raymond James Financial ranks #1403 out of 1604 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Raymond James Financial has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's PB Ratio compare to ARES and NTRS?
According to the Asset Management industry distribution chart, Raymond James Financial ranks #1403 out of 1604 companies for PB Ratio. This places Raymond James Financial in the lower half of its industry. The industry median PB Ratio is 0.95. Raymond James Financial's value of 2.73 is 187.4% above this benchmark. Historically, Raymond James Financial's own PB Ratio has ranged from 1.16 to 2.98 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 0.95, Raymond James Financial 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,604 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. Raymond James Financial's current PB Ratio of 2.73 is 187.4% 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 Raymond James Financial and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond James Financial's current PB Ratio is 2.73, which is 24% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Raymond James Financial (MEX:RJF) has a current PB Ratio of 2.73. The stock's GF Value™ is MXN3,570.92, compared to a current price of MXN3,173.26 — trading 11.1% below its estimated fair value. The current PB Ratio is 2.73, which is 24% above median its 10-year median of 2.21 and 187.4% above the Asset Management industry median of 0.95. Raymond James Financial's overall GF Score™ is 83/100 with 1 warning sign 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 Raymond James Financial (MEX:RJF), the current PB Ratio is 2.73 as of Jun. 27, 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 Raymond James Financial (MEX:RJF) Overvalued in 2026?
Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued.
The current stock price of MXN3,173.26 is trading 11.1% below its estimated GF Value™ of MXN3,570.92.
Key valuation signals for MEX:RJF:
PB Ratio: 2.73 (24% above median its 10-year median of 2.21)
GF Value™: MXN3,570.92 vs. price of MXN3,173.26 (11.1% below fair value)
Industry Position: 187.4% above the Asset Management median (#1403 of 1604)
No single metric tells the full story. See the MEX:RJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
83GF Score
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