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First Watch Restaurant Group (First Watch Restaurant Group) PB Ratio : 2.20 (As of May. 12, 2024)


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What is First Watch Restaurant Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), First Watch Restaurant Group's share price is $20.94. First Watch Restaurant Group's Book Value per Share for the quarter that ended in Mar. 2024 was $9.52. Hence, First Watch Restaurant Group's PB Ratio of today is 2.20.

The historical rank and industry rank for First Watch Restaurant Group's PB Ratio or its related term are showing as below:

FWRG' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.87   Max: 4
Current: 2.2

During the past 5 years, First Watch Restaurant Group's highest PB Ratio was 4.00. The lowest was 1.39. And the median was 1.87.

FWRG's PB Ratio is ranked better than
62.26% of 310 companies
in the Restaurants industry
Industry Median: 2.78 vs FWRG: 2.20

During the past 12 months, First Watch Restaurant Group's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of First Watch Restaurant Group was 19.60% per year. The lowest was 16.20% per year. And the median was 17.90% per year.

Back to Basics: PB Ratio


First Watch Restaurant Group PB Ratio Historical Data

The historical data trend for First Watch Restaurant Group's PB Ratio 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.

* Premium members only.

First Watch Restaurant Group PB Ratio Chart

First Watch Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.96 1.53 2.14

First Watch Restaurant Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 1.78 1.84 1.86 2.14 2.59

Competitive Comparison of First Watch Restaurant Group's PB Ratio

For the Restaurants subindustry, First Watch Restaurant Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Watch Restaurant Group's PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, First Watch Restaurant Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Watch Restaurant Group's PB Ratio falls into.



First Watch Restaurant Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

First Watch Restaurant Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=20.94/9.515
=2.20

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


First Watch Restaurant Group  (NAS:FWRG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


First Watch Restaurant Group PB Ratio Related Terms

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First Watch Restaurant Group (First Watch Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.
Executives
William A Kussell director C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
Christopher Anthony Tomasso director, officer: President and CEO C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Matthew Eisenacher officer: Chief Brand Officer 8725 PENDERY PLACE, STE. 201, BRADENTON FL 34201
Irene Chang Britt director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David Paresky director ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Tricia Glynn director C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Michael James White director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent Partners Gpe Vii-b Cayman Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET, BOSTON MA 02109
Stephanie Lilak director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Hope H Melville Iii officer: CFO and Treasurer AFC ENTERPRISES INC, SIX CONCOURSE PKWY STE 1700, ATLANTA GA 30328-5352
Middleton Calum Alasdair Johnstone officer: Chief Strategy Officer C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Gpe Viii Gp Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORP., 75 STATE STREET, BOSTON MA 02109
Gpe Viii Gp S.a.r.l. 10 percent owner CO ADVENT INTERNATIONAL, 800 BOYLSTON STREET, BOSTON MA 02199