Grupo Financiero BanorteB de CV (STU:4FN) PB Ratio: 2.04 (As of Jun. 26, 2026) — 15% Above Median


STU:4FN Grupo Financiero Banorte SAB de CV STU:4FN
76 GF Score
Price €9.20
GF Value €8.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Grupo Financiero BanorteB de CV PB Ratio?

Grupo Financiero BanorteB de CV STU:4FN +2.22% 76 PB Ratio is 2.04 as of Jun. 26, 2026, which is 15% above its 10-year median of 1.77. GuruFocus rates STU:4FN with a GF Score™ of 76/100 and a GF Value™ of €8.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,516 Banks companies, Grupo Financiero BanorteB de CV ranks worse than 87.8% 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), Grupo Financiero BanorteB de CV's share price is €9.20. Grupo Financiero BanorteB de CV's Book Value per Share for the quarter that ended in Mar. 2026 was €4.51. Hence, Grupo Financiero BanorteB de CV's PB Ratio of today is 2.04.

The historical rank and industry rank for Grupo Financiero BanorteB de CV's PB Ratio or its related term are showing as below:

STU:4FN' s PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.77   Max: 2.57
Current: 1.99

During the past 13 years, Grupo Financiero BanorteB de CV's highest PB Ratio was 2.57. The lowest was 0.90. And the median was 1.77.

STU:4FN's PB Ratio is ranked worse than
87.8% of 1516 companies
in the Banks industry
Industry Median: 1.09 vs STU:4FN: 1.99

During the past 12 months, Grupo Financiero BanorteB de CV's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grupo Financiero BanorteB de CV was 19.70% per year. The lowest was -15.20% per year. And the median was 10.25% per year.

Back to Basics: PB Ratio


Grupo Financiero BanorteB de CV  (STU:4FN) 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.


Grupo Financiero BanorteB de CV PB Ratio Related Terms


Grupo Financiero BanorteB de CV PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo Financiero BanorteB de CV'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.

Grupo Financiero BanorteB de CV PB Ratio Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.70 1.89 1.63 1.86

Grupo Financiero BanorteB de CV Quarterly Data
Jun21 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 1.46 1.84 1.90 1.86 2.09

STU:4FN vs PNC, USB: PB Ratio Comparison

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV'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.


Grupo Financiero BanorteB de CV PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's PB Ratio falls into.


STU:4FN
76GF Score
Grupo Financiero Banorte SAB de CV STU:4FN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Financiero BanorteB de CV 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.

Grupo Financiero BanorteB de CV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.20/4.514
=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?
Grupo Financiero BanorteB de CV (STU:4FN) has a PB Ratio of 2.04 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 Grupo Financiero BanorteB de CV and its competitors. This is 15% above median its historical median of 1.77. Over the past decade, Grupo Financiero BanorteB de CV's PB Ratio has ranged from 0.90 to 2.57. According to the industry distribution chart, Grupo Financiero BanorteB de CV ranks #1331 out of 1516 companies in the Banks industry, placing it in the top 87.8%.
Is Grupo Financiero BanorteB de CV's PB Ratio too high?
Grupo Financiero BanorteB de CV's current PB Ratio of 2.04 is 15% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.57. The Banks industry median PB Ratio is 1.09. Grupo Financiero BanorteB de CV's value of 2.04 is 87.2% above this industry median. Based on the distribution chart, Grupo Financiero BanorteB de CV ranks #1331 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Grupo Financiero BanorteB de CV has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Financiero BanorteB de CV's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Grupo Financiero BanorteB de CV ranks #1331 out of 1516 companies for PB Ratio. This places Grupo Financiero BanorteB de CV in the lower half of its industry. The industry median PB Ratio is 1.09. Grupo Financiero BanorteB de CV's value of 2.04 is 87.2% above this benchmark. Historically, Grupo Financiero BanorteB de CV's own PB Ratio has ranged from 0.90 to 2.57 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.09, Grupo Financiero BanorteB de CV 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 1,516 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. Grupo Financiero BanorteB de CV's current PB Ratio of 2.04 is 87.2% 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 Grupo Financiero BanorteB de CV 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. Grupo Financiero BanorteB de CV's current PB Ratio is 2.04, which is 15% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Financiero BanorteB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV (STU:4FN) is currently considered Fairly Valued. The stock's GF Value™ is €8.33, compared to a current price of €9.20 — trading 10.4% above its estimated fair value. The current PB Ratio is 2.04, which is 15% above median its 10-year median of 1.77 and 87.2% above the Banks industry median of 1.09. Grupo Financiero BanorteB de CV's overall GF Score™ is 76/100 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 Grupo Financiero BanorteB de CV (STU:4FN), the current PB Ratio is 2.04 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 Grupo Financiero BanorteB de CV (STU:4FN) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV stock appears to be overvalued. The current stock price of €9.20 is trading 10.4% above its estimated GF Value™ of €8.33. GuruFocus considers Grupo Financiero BanorteB de CV to be Fairly Valued.

Key valuation signals for STU:4FN:

  • PB Ratio: 2.04 (15% above median its 10-year median of 1.77)
  • GF Value™: €8.33 vs. price of €9.20 (10.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 87.2% above the Banks median (#1331 of 1516)

No single metric tells the full story. See the STU:4FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Financiero BanorteB de CV Business Description

Address Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV main activity are the execution of financial operations such as the provision of services of commercial banking, brokerage, leasing, financial factoring, warehousing services in general, pensions, life and damage insurance, as well as disposal, management, collection and negotiation, in any form, with credit rights. Its business segments are Retail Banking, SME Banking, Wholesale Banking, Middle-market and Corporate Banking, Transactional Banking, Government Banking, International Banking, etc.
76GF Score

Get the complete analysis for STU:4FN

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

€9.20
Price
€8.33
GF Value