Investec (NAM:IVD) PB Ratio: 2.04 (As of Jun. 24, 2026) — 91% Above Median


NAM:IVD Investec Ltd NAM:IVD
75 GF Score
Price R135.16
GF Value R183.23
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Investec PB Ratio?

Investec NAM:IVD 75 PB Ratio is 2.04 as of Jun. 24, 2026, which is 91% above its 10-year median of 1.07. GuruFocus rates NAM:IVD with a GF Score™ of 75/100 and a GF Value™ of R183.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,516 Banks companies, Investec ranks worse than 90.77% 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 (2026-06-24), Investec's share price is R135.16. Investec's Book Value per Share for the quarter that ended in Mar. 2026 was R66.33. Hence, Investec's PB Ratio of today is 2.04.

Warning Sign:

Investec Ltd stock PB Ratio (=2.12) is close to 10-year high of 2.14.

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

NAM:IVD' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.07   Max: 2.14
Current: 2.12

During the past 13 years, Investec's highest PB Ratio was 2.14. The lowest was 0.60. And the median was 1.07.

NAM:IVD's PB Ratio is ranked worse than
90.77% of 1516 companies
in the Banks industry
Industry Median: 1.08 vs NAM:IVD: 2.12

During the past 12 months, Investec's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 34.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Investec was 139.80% per year. The lowest was -15.80% per year. And the median was 9.30% per year.

Back to Basics: PB Ratio


Investec  (NAM:IVD) 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.


Investec PB Ratio Related Terms


Investec PB Ratio Historical Data

* Premium members only.

The historical data trend for Investec'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.

Investec PB Ratio Chart

Investec Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 0.84 2.14 1.91 1.92

Investec Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.14 2.20 1.91 2.08 1.92

NAM:IVD vs PNC, USB: PB Ratio Comparison

For the Banks - Regional subindustry, Investec'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.


Investec PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Investec's PB Ratio distribution charts can be found below:

* The bar in red indicates where Investec's PB Ratio falls into.


NAM:IVD
75GF Score
Investec Ltd NAM:IVD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investec 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.

Investec's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=135.16/66.333
=2.04

* 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 2.04 mean?
Investec (NAM:IVD) has a PB Ratio of 2.04 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 Investec and its competitors. This is 91% above median its historical median of 1.07. Over the past decade, Investec's PB Ratio has ranged from 0.60 to 2.14. According to the industry distribution chart, Investec ranks #1376 out of 1516 companies in the Banks industry, placing it in the top 90.8%.
Is Investec's PB Ratio too high?
Investec's current PB Ratio of 2.04 is 91% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.14. The Banks industry median PB Ratio is 1.08. Investec's value of 2.04 is 88.9% above this industry median. Based on the distribution chart, Investec ranks #1376 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Investec has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investec's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Investec ranks #1376 out of 1516 companies for PB Ratio. This places Investec in the lower half of its industry. The industry median PB Ratio is 1.08. Investec's value of 2.04 is 88.9% above this benchmark. Historically, Investec's own PB Ratio has ranged from 0.60 to 2.14 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.08, Investec 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 Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,516 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. Investec's current PB Ratio of 2.04 is 88.9% 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 Investec and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investec's current PB Ratio is 2.04, which is 91% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investec stock overvalued right now?
Based on GuruFocus' analysis, Investec (NAM:IVD) is currently considered Modestly Undervalued. The stock's GF Value™ is R183.23, compared to a current price of R135.16 — trading 26.2% below its estimated fair value. The current PB Ratio is 2.04, which is 91% above median its 10-year median of 1.07 and 88.9% above the Banks industry median of 1.08. Investec's overall GF Score™ is 75/100 with 6 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 Investec (NAM:IVD), the current PB Ratio is 2.04 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 Investec (NAM:IVD) Overvalued in 2026?

Based on GuruFocus' analysis, Investec stock appears to be undervalued. The current stock price of R135.16 is trading 26.2% below its estimated GF Value™ of R183.23. GuruFocus considers Investec to be Modestly Undervalued.

Key valuation signals for NAM:IVD:

  • PB Ratio: 2.04 (91% above median its 10-year median of 1.07)
  • GF Value™: R183.23 vs. price of R135.16 (26.2% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 88.9% above the Banks median (#1376 of 1516)

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


Investec Business Description

Address 100 Grayston Drive, Sandown, Sandton, ZAF, 2196
Investec Ltd offers specialist banking and wealth & investment services. It provides Investment advisory services, financial planning, stockbroking, lending, treasury solutions, transactional banking, investment activities, and deposit-raising activities.
75GF Score

Get the complete analysis for NAM:IVD

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

R135.16
Price
R183.23
GF Value