NGVC (Natural Grocers by Vitamin Cottage) Book Value per Share: $10.02 (As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
86 GF Score
Price $32.60
GF Value $27.31
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Book Value per Share?

Natural Grocers by Vitamin Cottage NGVC +2.29% 86 Book Value per Share is $10.02 as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.31 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Natural Grocers by Vitamin Cottage's book value per share for the quarter that ended in Mar. 2026 was $10.02.

During the past 12 months, Natural Grocers by Vitamin Cottage's average Book Value Per Share Growth Rate was 19.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Natural Grocers by Vitamin Cottage was 96.00% per year. The lowest was -1.30% per year. And the median was 8.80% per year.

Natural Grocers by Vitamin Cottage's current price is $32.60. Its book value per share for the quarter that ended in Mar. 2026 was $10.02. Hence, today's PB Ratio of Natural Grocers by Vitamin Cottage is 3.25.

During the past 13 years, the highest P/B Ratio of Natural Grocers by Vitamin Cottage was 7.10. The lowest was 0.81. And the median was 2.06.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Natural Grocers by Vitamin Cottage Book Value per Share Related Terms


Natural Grocers by Vitamin Cottage Book Value per Share Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's Book Value per Share 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.

Natural Grocers by Vitamin Cottage Book Value per Share Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 6.87 7.51 7.61 9.25

Natural Grocers by Vitamin Cottage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 Premium Member Only Premium Member Only Premium Member Only 8.41 8.82 9.25 9.55 10.02

NGVC vs YSWY, VLGEA, DNUT: Book Value per Share Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.


Natural Grocers by Vitamin Cottage PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's PB Ratio distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's PB Ratio falls into.


NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage Book Value per Share Calculation

Natural Grocers by Vitamin Cottage's Book Value Per Share for the fiscal year that ended in Sep. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(212-0)/23
=9.25

Natural Grocers by Vitamin Cottage's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(231-0)/23
=10.02

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $10.02 mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Book Value per Share of $10.02 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Book Value per Share too high?
Natural Grocers by Vitamin Cottage's current Book Value per Share is $10.02. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Book Value per Share compare to YSWY and VLGEA?
Natural Grocers by Vitamin Cottage's Book Value per Share of $10.02 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Retail - Defensive company?
A good Book Value per Share depends on the Retail - Defensive industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Book Value per Share is $10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.31, compared to a current price of $32.60 — trading 19.4% above its estimated fair value. The current Book Value per Share is $10.02. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Book Value per Share is $10.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued. The current stock price of $32.60 is trading 19.4% above its estimated GF Value™ of $27.31. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Book Value per Share: $10.02
  • GF Value™: $27.31 vs. price of $32.60 (19.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the NGVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natural Grocers by Vitamin Cottage Business Description

Other Exchanges N2V:Germany
Address 12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
86GF Score

Get the complete analysis for NGVC

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.60
Price
$27.31
GF Value