Tel Aviv Stock ExchangeTVAVF -2.16%74 PB Ratio is 20.31 as of Jun. 29, 2026, which is 573% above its 10-year median of 3.02. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $20.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 783 Capital Markets companies, Tel Aviv Stock Exchange ranks worse than 98.08% on this metric.
The historical rank and industry rank for Tel Aviv Stock Exchange's PB Ratio or its related term are showing as below:
TVAVF'
s PB Ratio Range Over the Past 10 Years
Min: 1.44 Med: 3.02 Max: 26.85
Current: 19.72
During the past 11 years, Tel Aviv Stock Exchange's highest PB Ratio was 26.85. The lowest was 1.44. And the median was 3.02.
TVAVF's PB Ratio is ranked worse than 98.08% of 783
companies
in the Capital Markets industry
Industry Median: 1.3
vs TVAVF: 19.72
During the past 12 months, Tel Aviv Stock Exchange's average Book Value Per Share Growth Rate was 14.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Tel Aviv Stock Exchange was 6.00% per year. The lowest was -11.40% per year. And the median was 4.65% per year.
Back to Basics: PB Ratio
Tel Aviv Stock Exchange (OTCPK:TVAVF) 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 Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange (TVAVF) has a PB Ratio of 20.31 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tel Aviv Stock Exchange and its competitors. This is 573% above median its historical median of 3.02. Over the past decade, Tel Aviv Stock Exchange's PB Ratio has ranged from 1.44 to 26.85. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #768 out of 783 companies in the Capital Markets industry, placing it in the top 98.1%.
Is Tel Aviv Stock Exchange's PB Ratio too high?
Tel Aviv Stock Exchange's current PB Ratio of 20.31 is 573% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 26.85. The Capital Markets industry median PB Ratio is 1.30. Tel Aviv Stock Exchange's value of 20.31 is 1462.3% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #768 out of 783 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's PB Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #768 out of 783 companies for PB Ratio. This places Tel Aviv Stock Exchange in the lower half of its industry. The industry median PB Ratio is 1.30. Tel Aviv Stock Exchange's value of 20.31 is 1462.3% above this benchmark. Historically, Tel Aviv Stock Exchange's own PB Ratio has ranged from 1.44 to 26.85 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.30, Tel Aviv Stock Exchange 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 1.30, based on 783 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. Tel Aviv Stock Exchange's current PB Ratio of 20.31 is 1462.3% 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current PB Ratio is 20.31, which is 573% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.21, compared to a current price of $43.26 — trading 114% above its estimated fair value. The current PB Ratio is 20.31, which is 573% above median its 10-year median of 3.02 and 1462.3% above the Capital Markets industry median of 1.30. Tel Aviv Stock Exchange's overall GF Score™ is 74/100 with 1 warning sign 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 Tel Aviv Stock Exchange (TVAVF), the current PB Ratio is 20.31 as of Jun. 29, 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 Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued.
The current stock price of $43.26 is trading 114% above its estimated GF Value™ of $20.21.
GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.
Key valuation signals for TVAVF:
PB Ratio: 20.31 (573% above median its 10-year median of 3.02)
GF Value™: $20.21 vs. price of $43.26 (114% above fair value)
Industry Position: 1462.3% above the Capital Markets median (#768 of 783)
No single metric tells the full story. See the TVAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score
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