National Bank of GreeceNBGIF 56 PB Ratio is 1.38 as of Jul. 01, 2026, which is 194% above its 10-year median of 0.47. GuruFocus rates NBGIF with a GF Score™ of 56/100 and a GF Value™ of $8.99 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,517 Banks companies, National Bank of Greece ranks worse than 72.45% on this metric.
National Bank of Greece SA stock PB Ratio (=1.4) is close to 10-year high of 1.52.
The historical rank and industry rank for National Bank of Greece's PB Ratio or its related term are showing as below:
NBGIF'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.47 Max: 1.52
Current: 1.4
During the past 13 years, National Bank of Greece's highest PB Ratio was 1.52. The lowest was 0.15. And the median was 0.47.
NBGIF's PB Ratio is ranked worse than 72.45% of 1517
companies
in the Banks industry
Industry Median: 1.09
vs NBGIF: 1.40
During the past 12 months, National Bank of Greece's average Book Value Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Bank of Greece was 47.60% per year. The lowest was -81.40% per year. And the median was 5.00% per year.
Back to Basics: PB Ratio
National Bank of Greece (OTCPK:NBGIF) 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 Banks - Regional subindustry, National Bank of Greece'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.
National Bank of Greece PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Greece's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Bank of Greece'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.
National Bank of Greece (NBGIF) has a PB Ratio of 1.38 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Bank of Greece and its competitors. This is 194% above median its historical median of 0.47. Over the past decade, National Bank of Greece's PB Ratio has ranged from 0.15 to 1.52. According to the industry distribution chart, National Bank of Greece ranks #1099 out of 1517 companies in the Banks industry, placing it in the top 72.4%.
Is National Bank of Greece's PB Ratio too high?
National Bank of Greece's current PB Ratio of 1.38 is 194% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.52. The Banks industry median PB Ratio is 1.09. National Bank of Greece's value of 1.38 is 26.6% above this industry median. Based on the distribution chart, National Bank of Greece ranks #1099 out of 1517 companies in the Banks industry, which is below the industry midpoint. Overall, National Bank of Greece has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Greece's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, National Bank of Greece ranks #1099 out of 1517 companies for PB Ratio. This places National Bank of Greece in the lower half of its industry. The industry median PB Ratio is 1.09. National Bank of Greece's value of 1.38 is 26.6% above this benchmark. Historically, National Bank of Greece's own PB Ratio has ranged from 0.15 to 1.52 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.09, National Bank of Greece 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 1.09, based on 1,517 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. National Bank of Greece's current PB Ratio of 1.38 is 26.6% 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 National Bank of Greece and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Greece's current PB Ratio is 1.38, which is 194% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Greece stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Greece (NBGIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.99, compared to a current price of $17.28 — trading 92.2% above its estimated fair value. The current PB Ratio is 1.38, which is 194% above median its 10-year median of 0.47 and 26.6% above the Banks industry median of 1.09. National Bank of Greece's overall GF Score™ is 56/100 with 8 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 National Bank of Greece (NBGIF), the current PB Ratio is 1.38 as of Jul. 01, 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 National Bank of Greece (NBGIF) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of Greece stock appears to be overvalued.
The current stock price of $17.28 is trading 92.2% above its estimated GF Value™ of $8.99.
GuruFocus considers National Bank of Greece to be Significantly Overvalued.
Key valuation signals for NBGIF:
PB Ratio: 1.38 (194% above median its 10-year median of 0.47)
GF Value™: $8.99 vs. price of $17.28 (92.2% above fair value)
Industry Position: 26.6% above the Banks median (#1099 of 1517)
No single metric tells the full story. See the NBGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Greece SA consists of several subsidiaries offering diverse financial services, including retail, corporate, and investment banking, specialized asset solutions, transactional banking, leasing, factoring, brokerage, asset management, real estate management, and bancassurance-related services. Its segments include Retail Banking, Corporate and Investment Banking, Trouble Assets Units, Global Markets and Asset Management, International Banking Operations, and Other. The group generates maximum revenue from the Retail Banking segment, which, through its branch network and digital business, offers various types of loans (mortgage, consumer, and small business lending), cards (debit, credit, and prepaid cards), deposits, investment, bancassurance, and other products.
56GF Score
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