Freedom Holding Corp.

FRHC Financial Financial Conglomerates

Freedom Holding Corp.’s revenue for fiscal 2026 (year ended March 2026) was $2.2 billion, up 9.34% from fiscal 2025.

Revenue
+39.8%
EPS
+1.96%
Free cash flow
−197.0%
Total debt
+115.7%

Quarter to June 2026, against a year earlier

186.01 0.82 −0.44%
Market cap
$11.9B
P/E
72.8×
Fwd P/E
12.3×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Freedom Holding Corp. (FRHC) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Freedom Holding Corp. (FRHC) trades at a P/B ratio of 7.4×. Over the past ten years it has ranged from 0.0× (March 2017) to 18.6× (June 2016); the current reading is higher than 83% of that period. That is above the Financial Conglomerates industry median of 1.4× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 5.9× (8.62%)
FY2025 6.4× 81.26%
FY2024 3.5× (35.30%)
FY2023 5.5× (15.57%)
FY2022 6.5× (42.71%)
FY2021 11.3× 76.57%
FY2020 6.4× 47.38%
FY2019 4.3× 142.23%
FY2018 1.8× 2,163.76%
FY2017 0.1× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 5.1× (12.35%)
Mar 2026 5.9× 12.00%
Dec 2025 5.2× (38.10%)
Sep 2025 8.4× 18.80%
37 more quarters

Against its own ten years

Low 0.0× High 18.6×
Ten-year median 5.3×
Current reading's percentile 79

P/B ratio against peers

Company P/B ratio
RILY BRC Group Holdings, Inc. compare 0.7×
HTH Hilltop Holdings Inc. compare 1.0×
IX Orix Corp Ads compare 1.3×
VOYA Voya Financial, Inc. compare 1.5×
TMS Live Oak Acquisition Corp. V compare 2.3×
FRHC Freedom Holding Corp. 7.4×
Financial Conglomerates industry median 1.4×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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