Nedbank GroupNDBKF 81 PB Ratio is 0.82 as of Jun. 30, 2026, which is 16% below its 10-year median of 0.98. GuruFocus rates NDBKF with a GF Score™ of 81/100 and a GF Value™ of $13.78. The stock has 2 warning signs investors should review. Among 1,519 Banks companies, Nedbank Group ranks better than 58.85% 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 (2026-06-30), Nedbank Group's share price is $13.50. Nedbank Group's Book Value per Share for the quarter that ended in Dec. 2025 was $16.38. Hence, Nedbank Group's PB Ratio of today is 0.82.
The historical rank and industry rank for Nedbank Group's PB Ratio or its related term are showing as below:
NDBKF'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.98 Max: 1.76
Current: 0.98
During the past 13 years, Nedbank Group's highest PB Ratio was 1.76. The lowest was 0.41. And the median was 0.98.
NDBKF's PB Ratio is ranked better than 58.85% of 1519
companies
in the Banks industry
Industry Median: 1.09
vs NDBKF: 0.98
During the past 12 months, Nedbank Group's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nedbank Group was 18.00% per year. The lowest was -8.80% per year. And the median was 8.30% per year.
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.
Nedbank Group PB Ratio Related Terms
Nedbank Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Nedbank Group'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.
For the Banks - Regional subindustry, Nedbank 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.
Nedbank Group PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Nedbank Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nedbank 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.
Nedbank Group's PB Ratio for today is calculated as follows:
* 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.
Nedbank Group (NDBKF) has a PB Ratio of 0.82 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nedbank Group and its competitors. This is 16% below median its historical median of 0.98. Over the past decade, Nedbank Group's PB Ratio has ranged from 0.41 to 1.76. According to the industry distribution chart, Nedbank Group ranks #625 out of 1519 companies in the Banks industry, placing it in the top 41.1%.
Is Nedbank Group's PB Ratio too high?
Nedbank Group's current PB Ratio of 0.82 is 16% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.76. The Banks industry median PB Ratio is 1.09. Nedbank Group's value of 0.82 is 24.8% below this industry median. Based on the distribution chart, Nedbank Group ranks #625 out of 1519 companies in the Banks industry, which is above the industry midpoint. Overall, Nedbank Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Nedbank Group's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Nedbank Group ranks #625 out of 1519 companies for PB Ratio. This puts Nedbank Group in the upper half of its industry. The industry median PB Ratio is 1.09. Nedbank Group's value of 0.82 is 24.8% below this benchmark. Historically, Nedbank Group's own PB Ratio has ranged from 0.41 to 1.76 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.09, Nedbank Group has consistently been below 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 1,519 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. Nedbank Group's current PB Ratio of 0.82 is 24.8% below 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 Nedbank Group 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. Nedbank Group's current PB Ratio is 0.82, which is 16% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nedbank Group stock overvalued right now?
Nedbank Group (NDBKF) has a current PB Ratio of 0.82. The stock's GF Value™ is $13.78, compared to a current price of $13.50 — trading 2% below its estimated fair value. The current PB Ratio is 0.82, which is 16% below median its 10-year median of 0.98 and 24.8% below the Banks industry median of 1.09. Nedbank Group's overall GF Score™ is 81/100 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 Nedbank Group (NDBKF), the current PB Ratio is 0.82 as of Jun. 30, 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 Nedbank Group (NDBKF) Overvalued in 2026?
Based on GuruFocus' analysis, Nedbank Group stock appears to be undervalued.
The current stock price of $13.50 is trading 2% below its estimated GF Value™ of $13.78.
Key valuation signals for NDBKF:
PB Ratio: 0.82 (16% below median its 10-year median of 0.98)
GF Value™: $13.78 vs. price of $13.50 (2% below fair value)
Industry Position: 24.8% below the Banks median (#625 of 1519)
No single metric tells the full story. See the NDBKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Business and Commercial Banking, Nedbank Personal and Private Banking and Nedbank Africa Regions.
81GF Score
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