MIAX (Miami International Holdings) PB Ratio: 3.61 (As of Jul. 05, 2026) — 14% Below Median


MIAX Miami International Holdings Inc MIAX
39 GF Score
Price $40.84
! 2 Warning Signs
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What is Miami International Holdings PB Ratio?

Miami International Holdings MIAX +4.58% 39 PB Ratio is 3.61 as of Jul. 05, 2026, which is 14% below its 10-year median of 4.18. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 780 Capital Markets companies, Miami International Holdings ranks worse than 80.9% 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 (2026-07-05), Miami International Holdings's share price is $40.84. Miami International Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $11.31. Hence, Miami International Holdings's PB Ratio of today is 3.61.

Good Sign:

Miami International Holdings Inc stock PB Ratio (=3.61) is close to 1-year low of 3.33.

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

MIAX' s PB Ratio Range Over the Past 10 Years
Min: 3.33   Med: 4.18   Max: 7.83
Current: 3.61

During the past 6 years, Miami International Holdings's highest PB Ratio was 7.83. The lowest was 3.33. And the median was 4.18.

MIAX's PB Ratio is ranked worse than
80.9% of 780 companies
in the Capital Markets industry
Industry Median: 1.35 vs MIAX: 3.61

During the past 12 months, Miami International Holdings's average Book Value Per Share Growth Rate was 136.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1408.60% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Miami International Holdings was 1408.60% per year. The lowest was 1408.60% per year. And the median was 1408.60% per year.

Back to Basics: PB Ratio


Miami International Holdings  (NYSE:MIAX) 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.


Miami International Holdings PB Ratio Related Terms


Miami International Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Miami International Holdings'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.

Miami International Holdings PB Ratio Chart

Miami International Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 4.31

Miami International Holdings Quarterly Data
Dec20 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 0.00 0.00 3.94 4.31 3.44

MIAX vs PJT, LAZ, MKTX: PB Ratio Comparison

For the Capital Markets subindustry, Miami International Holdings'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.


Miami International Holdings PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Miami International Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Miami International Holdings's PB Ratio falls into.


MIAX
39GF Score
Miami International Holdings Inc MIAX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Miami International Holdings 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.

Miami International Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=40.84/11.31
=3.61

* 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 3.61 mean?
Miami International Holdings (MIAX) has a PB Ratio of 3.61 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Miami International Holdings and its competitors. This is 14% below median its historical median of 4.18. Over the past decade, Miami International Holdings' PB Ratio has ranged from 3.33 to 7.83. According to the industry distribution chart, Miami International Holdings ranks #631 out of 780 companies in the Capital Markets industry, placing it in the top 80.9%.
Is Miami International Holdings' PB Ratio too high?
Miami International Holdings' current PB Ratio of 3.61 is 14% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 7.83. The Capital Markets industry median PB Ratio is 1.35. Miami International Holdings' value of 3.61 is 167.4% above this industry median. Based on the distribution chart, Miami International Holdings ranks #631 out of 780 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Miami International Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' PB Ratio compare to PJT and LAZ?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #631 out of 780 companies for PB Ratio. This places Miami International Holdings in the lower half of its industry. The industry median PB Ratio is 1.35. Miami International Holdings' value of 3.61 is 167.4% above this benchmark. Historically, Miami International Holdings' own PB Ratio has ranged from 3.33 to 7.83 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 1.35, Miami International Holdings 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.35, based on 780 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. Miami International Holdings's current PB Ratio of 3.61 is 167.4% 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 Miami International Holdings and its competitors. For the Capital Markets industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current PB Ratio is 3.61, which is 14% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current PB Ratio of 3.61. The current PB Ratio is 3.61, which is 14% below median its 10-year median of 4.18 and 167.4% above the Capital Markets industry median of 1.35. Miami International Holdings' overall GF Score™ is 39/100 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 Miami International Holdings (MIAX), the current PB Ratio is 3.61 as of Jul. 05, 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.

Miami International Holdings Business Description

Address 7 Roszel Road, Suite 1A, Princeton, NJ, USA, 08540
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
39GF Score

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$40.84
Price