MyState (ASX:MYS) Tax Rate %: 29.21% (As of Dec. 2025)

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ASX:MYS MyState Ltd ASX:MYS
61 GF Score
Price A$4.81
GF Value A$4.15
Valuation Modestly Overvalued
! 9 Warning Signs
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What is MyState Tax Rate %?

MyState ASX:MYS -1.03% 61 Tax Rate % is 29.21% as of Dec. 2025. GuruFocus rates ASX:MYS with a GF Score™ of 61/100 and a GF Value™ of A$4.15 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MyState's Tax Expense for the six months ended in Dec. 2025 was A$11.3 Mil. MyState's Pre-Tax Income for the six months ended in Dec. 2025 was A$38.6 Mil. Therefore, MyState's Tax Rate % for the quarter that ended in Dec. 2025 was 29.21%.

MyState Tax Rate % Related Terms

MyState Tax Rate % Historical Data

* Premium members only.

The historical data trend for MyState's Tax Rate % 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.

MyState Tax Rate % Chart

MyState Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.19 30.23 30.23 29.71 33.28

MyState Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % 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 Premium Member Only Premium Member Only 30.23 29.18 32.13 34.19 29.21
ASX:MYS
61GF Score
MyState Ltd ASX:MYS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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MyState Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MyState's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=17.74/53.298
=33.28 %

MyState's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=11.263/38.553
=29.21 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 29.21% mean?
MyState (ASX:MYS) has a Tax Rate % of 29.21% as of Dec. 2025.
Is MyState's Tax Rate % too high?
MyState's current Tax Rate % is 29.21%. Overall, MyState has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MyState's Tax Rate % compare to PNC and USB?
MyState's Tax Rate % of 29.21% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. MyState's current Tax Rate % is 29.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MyState stock overvalued right now?
Based on GuruFocus' analysis, MyState (ASX:MYS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.15, compared to a current price of A$4.81 — trading 15.9% above its estimated fair value. The current Tax Rate % is 29.21%. MyState's overall GF Score™ is 61/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For MyState (ASX:MYS), the current Tax Rate % is 29.21% as of Dec. 2025. 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 MyState (ASX:MYS) Overvalued in 2026?

Based on GuruFocus' analysis, MyState stock appears to be overvalued. The current stock price of A$4.81 is trading 15.9% above its estimated GF Value™ of A$4.15. GuruFocus considers MyState to be Modestly Overvalued.

Key valuation signals for ASX:MYS:

  • Tax Rate %: 29.21%
  • GF Value™: A$4.15 vs. price of A$4.81 (15.9% above fair value)
  • GF Score™: 61/100 with 9 warning signs

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

MyState Business Description

Address 137 Harrington Street, Level 2, Hobart, TAS, AUS, 7000
MyState Limited is a Tasmania-based financial company that provides banking, trustee, and funds management services. The company generates the vast majority of its profit from its banking business, which provides a range of financial services including home and personal loans, credit and debit cards, and equipment finance. Home loans account for the vast majority of its loan book. The funds management segment provides trustee and funds management services through the subsidiary TPT Wealth.
61GF Score

Get the complete analysis for ASX:MYS

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.81
Price
A$4.15
GF Value