Nedbank Group Ltd (JSE:NED) — Market Cap & Net Worth

$6.61 Billion USD  · ZAC12.43 Trillion ZAC  · Rank #2991

Market Cap & Net Worth: Nedbank Group Ltd (NED)

Nedbank Group Ltd (JSE:NED) has a market capitalization of $6.61 Billion (ZAC12.43 Trillion) as of May 3, 2026. Listed on the JSE stock exchange, this South Africa-based company holds position #2991 globally and #23 in its home market, demonstrating a -0.16% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nedbank Group Ltd's stock price ZAC26714.00 by its total outstanding shares 465365013 (465.37 Million). Analyse Nedbank Group Ltd (NED) cash conversion ratio to see how efficiently the company converts income to cash.

Nedbank Group Ltd Market Cap History: 2015 to 2026

Nedbank Group Ltd's market capitalization history from 2015 to 2026. Data shows growth from $2.71 Billion to $6.61 Billion (6.60% CAGR).

Index Memberships

Nedbank Group Ltd is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
JSE FTSE Top 40
JTOPI
$401.72 Billion 1.64% #18 of 38

Weight: Nedbank Group Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Nedbank Group Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Nedbank 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

0.04x

Nedbank Group Ltd's market cap is 0.04 times its annual revenue

Industry average: 1.01x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.71x

Nedbank Group Ltd's market cap is 0.71 times its annual earnings

Industry average: 4.82x Lower than industry average

What 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
2016 $3.63 Billion $96.21 Billion $10.13 Billion 0.04x 0.36x
2017 $4.13 Billion $104.16 Billion $11.62 Billion 0.04x 0.36x
2018 $4.66 Billion $106.96 Billion $13.38 Billion 0.04x 0.35x
2019 $3.86 Billion $114.52 Billion $12.79 Billion 0.03x 0.30x
2020 $2.48 Billion $98.53 Billion $4.40 Billion 0.03x 0.56x
2021 $3.44 Billion $95.08 Billion $12.29 Billion 0.04x 0.28x
2022 $4.49 Billion $113.72 Billion $15.27 Billion 0.04x 0.29x
2023 $4.95 Billion $150.32 Billion $16.76 Billion 0.03x 0.30x
2024 $6.97 Billion $161.62 Billion $18.32 Billion 0.04x 0.38x
2025 $6.59 Billion $161.28 Billion $9.26 Billion 0.04x 0.71x

Competitor Companies of NED by Market Capitalization

Companies near Nedbank Group Ltd in the global market cap rankings as of May 3, 2026.

Key companies related to Nedbank Group Ltd by market ranking:

  • HDFC Bank Limited (F:HDFA): Ranked #179 globally with a market cap of $128.33 Billion USD ( €109.77 Billion EUR).
  • China Merchants Bank Co Ltd (SHG:600036): Ranked #204 globally with a market cap of $115.52 Billion USD ( CN¥789.47 Billion CNY).
  • UNICREDIT S.P.A. ADR (F:CRIP): Ranked #207 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
  • DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #219 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#179 HDFC Bank Limited F:HDFA $128.33 Billion €21.40
#204 China Merchants Bank Co Ltd SHG:600036 $115.52 Billion CN¥38.27
#207 UNICREDIT S.P.A. ADR F:CRIP $112.81 Billion €32.20
#219 DBS GROUP ADR/4 SD 1 F:DEV $109.87 Billion €152.00

Nedbank Group Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Nedbank Group Ltd's market cap moved from $2.71 Billion to $ 6.61 Billion, with a yearly change of 6.60%.

Year Market Cap Change (%)
2026 ZAC6.61 Billion +0.33%
2025 ZAC6.59 Billion -5.48%
2024 ZAC6.97 Billion +40.83%
2023 ZAC4.95 Billion +10.26%
2022 ZAC4.49 Billion +30.35%
2021 ZAC3.44 Billion +38.55%
2020 ZAC2.48 Billion -35.64%
2019 ZAC3.86 Billion -17.17%
2018 ZAC4.66 Billion +12.79%
2017 ZAC4.13 Billion +13.90%
2016 ZAC3.63 Billion +33.87%
2015 ZAC2.71 Billion --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of Nedbank Group Ltd was reported to be:

Source Market Cap
Yahoo Finance $6.61 Billion USD
MoneyControl $6.61 Billion USD
MarketWatch $6.61 Billion USD
marketcap.company $6.61 Billion USD
Reuters $6.61 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Nedbank Group Ltd

JSE:NED South Africa Banks - Regional
Market Cap
$6.61 Billion
ZAC12.43 Trillion ZAC
Market Cap Rank
#2991 Global
#23 in South Africa
Share Price
ZAC26714.00
Change (1 day)
+0.95%
52-Week Range
ZAC20833.00 - ZAC31500.00
All Time High
ZAC31500.00
About

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa, rest of Africa, Europe, Asia, the United States, and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Business and Commercial Banking; Nedbank Personal and Private Banking; Nedbank Africa Regions; and Centre segments. It offe… Read more