Agricultural Development BankXGHA:ADB 64 PB Ratio is 3.40 as of Jul. 01, 2026, which is 58% above its 10-year median of 2.15. GuruFocus rates XGHA:ADB with a GF Score™ of 64/100 and a GF Value™ of GHS3.98 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,517 Banks companies, Agricultural Development Bank ranks worse than 97.03% on this metric.
Agricultural Development Bank Ltd stock PB Ratio (=3.4) is close to 2-year low of 3.16.
The historical rank and industry rank for Agricultural Development Bank's PB Ratio or its related term are showing as below:
XGHA:ADB'
s PB Ratio Range Over the Past 10 Years
Min: 1.61 Med: 2.15 Max: 6.55
Current: 3.4
During the past 11 years, Agricultural Development Bank's highest PB Ratio was 6.55. The lowest was 1.61. And the median was 2.15.
XGHA:ADB's PB Ratio is ranked worse than 97.03% of 1517
companies
in the Banks industry
Industry Median: 1.09
vs XGHA:ADB: 3.40
During the past 12 months, Agricultural Development Bank's average Book Value Per Share Growth Rate was 91.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.50% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Agricultural Development Bank was 27.50% per year. The lowest was -14.50% per year. And the median was 7.00% per year.
Back to Basics: PB Ratio
Agricultural Development Bank (XGHA:ADB) 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.
Agricultural Development Bank PB Ratio Related Terms
Agricultural Development Bank PB Ratio Historical Data
* 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, Agricultural Development Bank'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.
Agricultural Development Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Agricultural Development Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where Agricultural Development Bank's PB Ratio falls into.
Agricultural Development Bank 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.
* 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.
Agricultural Development Bank (XGHA:ADB) has a PB Ratio of 3.40 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Agricultural Development Bank and its competitors. This is 58% above median its historical median of 2.15. Over the past decade, Agricultural Development Bank's PB Ratio has ranged from 1.61 to 6.55. According to the industry distribution chart, Agricultural Development Bank ranks #1472 out of 1517 companies in the Banks industry, placing it in the top 97%.
Is Agricultural Development Bank's PB Ratio too high?
Agricultural Development Bank's current PB Ratio of 3.40 is 58% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 6.55. The Banks industry median PB Ratio is 1.09. Agricultural Development Bank's value of 3.40 is 211.9% above this industry median. Based on the distribution chart, Agricultural Development Bank ranks #1472 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Agricultural Development Bank has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agricultural Development Bank's PB Ratio compare to PNC?
According to the Banks industry distribution chart, Agricultural Development Bank ranks #1472 out of 1517 companies for PB Ratio. This places Agricultural Development Bank in the lower half of its industry. The industry median PB Ratio is 1.09. Agricultural Development Bank's value of 3.40 is 211.9% above this benchmark. Historically, Agricultural Development Bank's own PB Ratio has ranged from 1.61 to 6.55 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.09, Agricultural Development Bank 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 1,517 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. Agricultural Development Bank's current PB Ratio of 3.40 is 211.9% 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 Agricultural Development Bank 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. Agricultural Development Bank's current PB Ratio is 3.40, which is 58% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agricultural Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Agricultural Development Bank (XGHA:ADB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS3.98, compared to a current price of GHS5.30 — trading 33.2% above its estimated fair value. The current PB Ratio is 3.40, which is 58% above median its 10-year median of 2.15 and 211.9% above the Banks industry median of 1.09. Agricultural Development Bank's overall GF Score™ is 64/100 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 Agricultural Development Bank (XGHA:ADB), the current PB Ratio is 3.40 as of Jul. 01, 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 Agricultural Development Bank (XGHA:ADB) Overvalued in 2026?
Based on GuruFocus' analysis, Agricultural Development Bank stock appears to be overvalued.
The current stock price of GHS5.30 is trading 33.2% above its estimated GF Value™ of GHS3.98.
GuruFocus considers Agricultural Development Bank to be Significantly Overvalued.
Key valuation signals for XGHA:ADB:
PB Ratio: 3.40 (58% above median its 10-year median of 2.15)
GF Value™: GHS3.98 vs. price of GHS5.30 (33.2% above fair value)
Industry Position: 211.9% above the Banks median (#1472 of 1517)
No single metric tells the full story. See the XGHA:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agricultural Development Bank Business Description
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services in Consumer, Corporate, Parastatals/Public Sector, SME, Agribusiness, Trade and E-Banking services. Its business focus is universal banking with a developmental focus on Agriculture and more. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasury. The majority of revenue is derived from the Retail Banking segment, which focuses on high-volume, standardized financial products and services such as loans and advances, deposits and other transactions with retail customers. Geographically, all revenues are generated in Ghana.
64GF Score
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