Australian Finance Group Ltd
ASX:AFG
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.3), the stock would be worth AU$1.93 (5% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.4 | AU$2.04 |
0%
|
| 3-Year Average | 2.3 | AU$1.93 |
-5%
|
| 5-Year Average | 2.4 | AU$2.05 |
+0%
|
| Industry Average | 1.5 | AU$1.28 |
-37%
|
| Country Average | 2.7 | AU$2.28 |
+12%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Australian Finance Group Ltd
ASX:AFG
|
554.4m AUD | 2.4 | 13.2 | |
| US |
|
Rocket Companies Inc
NYSE:RKT
|
44B USD | 1.9 | -646.5 | |
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
13.5B USD | 2.6 | 23.7 | |
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
8.1B USD | 0.1 | 898.2 | |
| US |
|
MGIC Investment Corp
NYSE:MTG
|
6.3B USD | 1.2 | 8.5 | |
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
6.2B USD | 1.2 | 9.2 | |
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
6.1B USD | 1.1 | 8.8 | |
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
6B USD | 30.3 | 220.9 | |
| US |
|
Axos Financial Inc
NYSE:AX
|
5.4B USD | 1.8 | 11.9 | |
| US |
|
Radian Group Inc
NYSE:RDN
|
4.8B USD | 1 | 8.3 | |
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
4.8B USD | 1.1 | 9.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Australian Finance Group Ltd
Glance View
Australian Finance Group Ltd. engages in the provision of mortgage brokerage business. The company is headquartered in Perth, Western Australia and currently employs 238 full-time employees. The company went IPO on 2015-05-22. The Company’s segment includes AFG Wholesale Mortgage Broking and AFG Home Loans. The AFG Wholesale Mortgage Broking segment includes operating activities, which the Company acts as a wholesale mortgage broker that provides its contracted brokers with administrative and infrastructure support, as well as access to a panel of lenders. The firm receives two types of commission payments on loans originated through its network, which includes upfront commissions on settled loans and trail commissions on the loan book. AFG Home Loans segment offers its branded mortgage products. The segment earns fees for services in the form of upfront and trail commissions, and net interest margin on its securitization program.
