Ninety One (FRA:L91) ROE % Adjusted to Book Value: 9.70% (As of Mar. 2026)


FRA:L91 Ninety One Ltd FRA:L91
74 GF Score
Price €2.22
GF Value €2.12
! 7 Warning Signs
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What is Ninety One ROE % Adjusted to Book Value?

Ninety One FRA:L91 74 ROE % Adjusted to Book Value is 9.70% as of Mar. 2026. GuruFocus rates FRA:L91 with a GF Score™ of 74/100 and a GF Value™ of €2.12. The stock has 7 warning signs investors should review.

Ninety One's ROE % for the quarter that ended in Mar. 2026 was 28.12%. Ninety One's PB Ratio for the quarter that ended in Mar. 2026 was 2.90. Ninety One's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 9.70%.

Ninety One ROE % Adjusted to Book Value Related Terms

Ninety One ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Ninety One's ROE % Adjusted to Book Value 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.

Ninety One ROE % Adjusted to Book Value Chart

Ninety One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.37 9.73 11.60 12.65 9.72

Ninety One Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value 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 12.05 8.70 13.94 9.73 9.70

FRA:L91 vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Ninety One's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Ninety One ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ninety One's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ninety One's ROE % Adjusted to Book Value falls into.


FRA:L91
74GF Score
Ninety One Ltd FRA:L91
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ninety One ROE % Adjusted to Book Value Calculation

Ninety One's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=28.18% / 2.90
=9.72%

Ninety One's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=28.12% / 2.90
=9.70%

* 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.

What does a ROE % Adjusted to Book Value of 9.70% mean?
Ninety One (FRA:L91) has a ROE % Adjusted to Book Value of 9.70% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ninety One and its competitors.
Is Ninety One's ROE % Adjusted to Book Value too high?
Ninety One's current ROE % Adjusted to Book Value is 9.70%. Overall, Ninety One has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ninety One's ROE % Adjusted to Book Value compare to BLK and BX?
Ninety One's ROE % Adjusted to Book Value of 9.70% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ninety One and its competitors. Ninety One's current ROE % Adjusted to Book Value is 9.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninety One stock overvalued right now?
Ninety One (FRA:L91) has a current ROE % Adjusted to Book Value of 9.70%. The stock's GF Value™ is €2.12, compared to a current price of €2.22 — trading 4.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 9.70%. Ninety One's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ninety One (FRA:L91), the current ROE % Adjusted to Book Value is 9.70% as of Mar. 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 Ninety One (FRA:L91) Overvalued in 2026?

Based on GuruFocus' analysis, Ninety One stock appears to be overvalued. The current stock price of €2.22 is trading 4.7% above its estimated GF Value™ of €2.12.

Key valuation signals for FRA:L91:

  • ROE % Adjusted to Book Value: 9.70%
  • GF Value™: €2.12 vs. price of €2.22 (4.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the FRA:L91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ninety One Business Description

Other Exchanges NY1:South Africa
Address 36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors.
74GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.22
Price
€2.12
GF Value