JseSTU:JF6 78 PB Ratio is 2.54 as of Jul. 13, 2026, which is 6% above its 10-year median of 2.39. GuruFocus rates STU:JF6 with a GF Score™ of 78/100 and a GF Value™ of €6.76 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 779 Capital Markets companies, Jse ranks worse than 69.58% 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 (2026-07-13), Jse's share price is €8.05. Jse's Book Value per Share for the quarter that ended in Dec. 2025 was €3.17. Hence, Jse's PB Ratio of today is 2.54.
Warning Sign:
Jse Ltd stock PB Ratio (=2.48) is close to 5-year high of 2.68.
The historical rank and industry rank for Jse's PB Ratio or its related term are showing as below:
STU:JF6'
s PB Ratio Range Over the Past 10 Years
Min: 1.55 Med: 2.39 Max: 5.24
Current: 2.48
During the past 13 years, Jse's highest PB Ratio was 5.24. The lowest was 1.55. And the median was 2.39.
STU:JF6's PB Ratio is ranked worse than 69.58% of 779
companies
in the Capital Markets industry
Industry Median: 1.36
vs STU:JF6: 2.48
During the past 12 months, Jse's average Book Value Per Share Growth Rate was 8.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jse was 26.00% per year. The lowest was 2.80% per year. And the median was 10.30% 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.
Jse PB Ratio Related Terms
Jse PB Ratio Historical Data
* Premium members only.
The historical data trend for Jse'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 Financial Data & Stock Exchanges subindustry, Jse'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.
Jse PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jse's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jse'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.
Jse'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.
Jse (STU:JF6) has a PB Ratio of 2.54 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jse and its competitors. This is near median its historical median of 2.39. Over the past decade, Jse's PB Ratio has ranged from 1.55 to 5.24. According to the industry distribution chart, Jse ranks #542 out of 779 companies in the Capital Markets industry, placing it in the top 69.6%.
Is Jse's PB Ratio too high?
Jse's current PB Ratio of 2.54 is near median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 5.24. The Capital Markets industry median PB Ratio is 1.36. Jse's value of 2.54 is 86.8% above this industry median. Based on the distribution chart, Jse ranks #542 out of 779 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Jse has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jse's PB Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Jse ranks #542 out of 779 companies for PB Ratio. This places Jse in the lower half of its industry. The industry median PB Ratio is 1.36. Jse's value of 2.54 is 86.8% above this benchmark. Historically, Jse's own PB Ratio has ranged from 1.55 to 5.24 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 1.36, Jse 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.36, based on 779 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. Jse's current PB Ratio of 2.54 is 86.8% 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 Jse and its competitors. For the Capital Markets industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jse's current PB Ratio is 2.54, which is near median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jse stock overvalued right now?
Based on GuruFocus' analysis, Jse (STU:JF6) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.76, compared to a current price of €8.05 — trading 19.1% above its estimated fair value. The current PB Ratio is 2.54, which is near median its 10-year median of 2.39 and 86.8% above the Capital Markets industry median of 1.36. Jse's overall GF Score™ is 78/100 with 7 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 Jse (STU:JF6), the current PB Ratio is 2.54 as of Jul. 13, 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 Jse (STU:JF6) Overvalued in 2026?
Based on GuruFocus' analysis, Jse stock appears to be overvalued.
The current stock price of €8.05 is trading 19.1% above its estimated GF Value™ of €6.76.
GuruFocus considers Jse to be Modestly Overvalued.
Key valuation signals for STU:JF6:
PB Ratio: 2.54 (near median its 10-year median of 2.39)
GF Value™: €6.76 vs. price of €8.05 (19.1% above fair value)
Industry Position: 86.8% above the Capital Markets median (#542 of 779)
No single metric tells the full story. See the STU:JF6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jse Ltd is a critical service provider to South Africa's financial markets, providing regulated, transparent, and trusted platforms for financial transactions. It is a multi-asset class stock exchange that provides platforms for raising capital and trading in equities, bonds, derivatives, currencies, and commodities, while JSE Clear Proprietary Limited (JSE Clear) provides clearing services for listed derivatives. The Group generates maximum revenue from the provision of capital markets services (comprising primary market, equity trading, colocation fees, equity derivatives trading, etc.), and the rest from post-trade services, JSE Clear, information services, and other sources.
78GF Score
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