Absa Group Ltd
Absa Group Limited, together with its subsidiaries, provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, d… Read more
Market Cap & Net Worth: Absa Group Ltd (ABG)
Absa Group Ltd (JSE:ABG) has a market capitalization of $10.22 Billion (ZAC19.24 Trillion) as of March 18, 2026. Listed on the JSE stock exchange, this South Africa-based company holds position #18579 globally and #12 in its home market, demonstrating a -7.72% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Absa Group Ltd's stock price ZAC23198.00 by its total outstanding shares 829302382 (829.30 Million).
Absa Group Ltd Market Cap History: 2015 to 2026
Absa Group Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.51 Billion to $10.22 Billion (8.54% CAGR).
Index Memberships
Absa Group Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
JSE FTSE Top 40
JTOPI
|
$1.47 Billion | 6.26% | #4 of 38 |
Weight: Absa Group Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Absa Group Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Absa Group Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.08x
Absa Group Ltd's market cap is 0.08 times its annual revenue
0.23x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.37x
Absa Group Ltd's market cap is 0.37 times its annual earnings
1.18x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $3.51 Billion | $67.07 Billion | $14.33 Billion | 0.05x | 0.24x |
| 2016 | $4.42 Billion | $72.37 Billion | $14.71 Billion | 0.06x | 0.30x |
| 2017 | $5.10 Billion | $73.24 Billion | $13.82 Billion | 0.07x | 0.37x |
| 2018 | $4.86 Billion | $76.50 Billion | $13.92 Billion | 0.06x | 0.35x |
| 2019 | $4.82 Billion | $80.06 Billion | $14.26 Billion | 0.06x | 0.34x |
| 2020 | $4.13 Billion | $61.03 Billion | $6.47 Billion | 0.07x | 0.64x |
| 2021 | $5.37 Billion | $77.34 Billion | $18.35 Billion | 0.07x | 0.29x |
| 2022 | $7.26 Billion | $83.03 Billion | $20.87 Billion | 0.09x | 0.35x |
| 2023 | $6.60 Billion | $89.11 Billion | $19.89 Billion | 0.07x | 0.33x |
| 2024 | $8.36 Billion | $110.62 Billion | $22.64 Billion | 0.08x | 0.37x |
Competitor Companies of ABG by Market Capitalization
Companies near Absa Group Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Absa Group Ltd by market ranking:
- Turkiye Is Bankasi AS Class B (IS:ISBTR): Ranked #1 globally with a market cap of $94.82 Trillion USD ( TL3362.39 Trillion TRY).
- State Bank of India GDR (LSE:SBID): Ranked #23 globally with a market cap of $472.37 Billion USD.
- Australia and New Zealand Banking Group Ltd (AU:AN3PK): Ranked #80 globally with a market cap of $189.74 Billion USD ( AU$306.43 Billion AUD).
- China Merchants Bank Co Ltd (PINK:CIHKY): Ranked #108 globally with a market cap of $157.57 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1 | Turkiye Is Bankasi AS Class B | IS:ISBTR | $94.82 Trillion | TL401000.00 |
| #23 | State Bank of India GDR | LSE:SBID | $472.37 Billion | $115.60 |
| #80 | Australia and New Zealand Banking Group Ltd | AU:AN3PK | $189.74 Billion | AU$102.90 |
| #108 | China Merchants Bank Co Ltd | PINK:CIHKY | $157.57 Billion | $27.05 |
Absa Group Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Absa Group Ltd's market cap moved from $3.51 Billion to $ 10.22 Billion, with a yearly change of 8.54%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ZAC10.22 Billion | -3.08% |
| 2025 | ZAC10.55 Billion | +26.14% |
| 2024 | ZAC8.36 Billion | +26.64% |
| 2023 | ZAC6.60 Billion | -8.99% |
| 2022 | ZAC7.26 Billion | +35.22% |
| 2021 | ZAC5.37 Billion | +29.93% |
| 2020 | ZAC4.13 Billion | -14.23% |
| 2019 | ZAC4.82 Billion | -0.99% |
| 2018 | ZAC4.86 Billion | -4.60% |
| 2017 | ZAC5.10 Billion | +15.41% |
| 2016 | ZAC4.42 Billion | +25.91% |
| 2015 | ZAC3.51 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Absa Group Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $10.22 Billion USD |
| MoneyControl | $10.22 Billion USD |
| MarketWatch | $10.22 Billion USD |
| marketcap.company | $10.22 Billion USD |
| Reuters | $10.22 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.