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PSG Financial ServicesNAM:KFS 84 Price-to-Tangible-Book is 8.78 as of Sep. 14, 2026. GuruFocus rates NAM:KFS with a GF Score™ of 84/100 and a GF Value™ of R20.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,522 Asset Management companies, PSG Financial Services ranks worse than 95.73% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
PSG Financial Services Price-to-Tangible-Book Related Terms
PSG Financial Services Price-to-Tangible-Book Historical Data
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The historical data trend for PSG Financial Services's Price-to-Tangible-Book 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.
NAM:KFS vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, PSG Financial Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
PSG Financial Services Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PSG Financial Services's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PSG Financial Services's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
PSG Financial Services (NAM:KFS) has a Price-to-Tangible-Book of 8.78 as of Sep. 14, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on PSG Financial Services and its competitors. According to the industry distribution chart, PSG Financial Services ranks #1457 out of 1522 companies in the Asset Management industry, placing it in the top 95.7%.
Is PSG Financial Services' Price-to-Tangible-Book too high?
PSG Financial Services' current Price-to-Tangible-Book is 8.78. The Asset Management industry median Price-to-Tangible-Book is 0.93. PSG Financial Services' value of 8.78 is 844.1% above this industry median. Based on the distribution chart, PSG Financial Services ranks #1457 out of 1522 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PSG Financial Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, PSG Financial Services ranks #1457 out of 1522 companies for Price-to-Tangible-Book. This places PSG Financial Services in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.93. PSG Financial Services' value of 8.78 is 844.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.93, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PSG Financial Services's current Price-to-Tangible-Book of 8.78 is 844.1% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on PSG Financial Services and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSG Financial Services's current Price-to-Tangible-Book is 8.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R20.98, compared to a current price of R32.01 — trading 52.6% above its estimated fair value. The current Price-to-Tangible-Book is 8.78 and 844.1% above the Asset Management industry median of 0.93. PSG Financial Services' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For PSG Financial Services (NAM:KFS), the current Price-to-Tangible-Book is 8.78 as of Sep. 14, 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?
Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued.
The current stock price of R32.01 is trading 52.6% above its estimated GF Value™ of R20.98.
GuruFocus considers PSG Financial Services to be Significantly Overvalued.
Key valuation signals for NAM:KFS:
Price-to-Tangible-Book: 8.78
GF Value™: R20.98 vs. price of R32.01 (52.6% above fair value)
Industry Position: 844.1% above the Asset Management median (#1457 of 1522)
No single metric tells the full story. See the NAM:KFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
84GF Score
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