FCMB GroupNSA:FCMB -1.00%55 PB Ratio is 0.57 as of Jun. 26, 2026, which is 119% above its 10-year median of 0.26. GuruFocus rates NSA:FCMB with a GF Score™ of 55/100 and a GF Value™ of ₦7.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,516 Banks companies, FCMB Group ranks better than 85.75% 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 (2026-06-26), FCMB Group's share price is ₦9.90. FCMB Group's Book Value per Share for the quarter that ended in Mar. 2026 was ₦17.27. Hence, FCMB Group's PB Ratio of today is 0.57.
The historical rank and industry rank for FCMB Group's PB Ratio or its related term are showing as below:
NSA:FCMB'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.26 Max: 0.73
Current: 0.57
During the past 13 years, FCMB Group's highest PB Ratio was 0.73. The lowest was 0.11. And the median was 0.26.
NSA:FCMB's PB Ratio is ranked better than 85.75% of 1516
companies
in the Banks industry
Industry Median: 1.09
vs NSA:FCMB: 0.57
During the past 12 months, FCMB Group's average Book Value Per Share Growth Rate was -6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of FCMB Group was 26.70% per year. The lowest was -4.00% per year. And the median was 5.95% 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.
FCMB Group PB Ratio Related Terms
FCMB Group PB Ratio Historical Data
* Premium members only.
The historical data trend for FCMB 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, FCMB 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.
FCMB Group PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, FCMB Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where FCMB 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.
FCMB 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.
FCMB Group (NSA:FCMB) has a PB Ratio of 0.57 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on FCMB Group and its competitors. This is 119% above median its historical median of 0.26. Over the past decade, FCMB Group's PB Ratio has ranged from 0.11 to 0.73. According to the industry distribution chart, FCMB Group ranks #216 out of 1516 companies in the Banks industry, placing it in the top 14.2%.
Is FCMB Group's PB Ratio too high?
FCMB Group's current PB Ratio of 0.57 is 119% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.73. The Banks industry median PB Ratio is 1.09. FCMB Group's value of 0.57 is 47.7% below this industry median. Based on the distribution chart, FCMB Group ranks #216 out of 1516 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, FCMB Group has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FCMB Group's PB Ratio compare to PNC?
According to the Banks industry distribution chart, FCMB Group ranks #216 out of 1516 companies for PB Ratio. This places FCMB Group in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.09. FCMB Group's value of 0.57 is 47.7% below this benchmark. Historically, FCMB Group's own PB Ratio has ranged from 0.11 to 0.73 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.09, FCMB 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 1,516 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. FCMB Group's current PB Ratio of 0.57 is 47.7% 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 FCMB 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. FCMB Group's current PB Ratio is 0.57, which is 119% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCMB Group stock overvalued right now?
Based on GuruFocus' analysis, FCMB Group (NSA:FCMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦7.30, compared to a current price of ₦9.90 — trading 35.6% above its estimated fair value. The current PB Ratio is 0.57, which is 119% above median its 10-year median of 0.26 and 47.7% below the Banks industry median of 1.09. FCMB Group's overall GF Score™ is 55/100 with 5 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 FCMB Group (NSA:FCMB), the current PB Ratio is 0.57 as of Jun. 26, 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 FCMB Group (NSA:FCMB) Overvalued in 2026?
Based on GuruFocus' analysis, FCMB Group stock appears to be overvalued.
The current stock price of ₦9.90 is trading 35.6% above its estimated GF Value™ of ₦7.30.
GuruFocus considers FCMB Group to be Significantly Overvalued.
Key valuation signals for NSA:FCMB:
PB Ratio: 0.57 (119% above median its 10-year median of 0.26)
GF Value™: ₦7.30 vs. price of ₦9.90 (35.6% above fair value)
Industry Position: 47.7% below the Banks median (#216 of 1516)
No single metric tells the full story. See the NSA:FCMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FCMB Group PLC provides banking services. Its segments include Investment Banking, Investment Management, SME Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, and Treasury and Financial Markets. The majority of the revenue is derived from Corporate Banking which incorporates direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products. The corporate banking business unit caters for the specific needs of companies and financial institutions. It operates in two geographic regions, being: Nigeria and Europe (UK).
55GF Score
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