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PigeonFRA:9N3 82 EV-to-EBITDA is 10.58 as of Sep. 16, 2026, which is 51% below its 10-year median of 21.62. GuruFocus rates FRA:9N3 with a GF Score™ of 82/100 and a GF Value™ of €9.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,698 Consumer Packaged Goods companies, Pigeon ranks worse than 57.36% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Pigeon's enterprise value is €1,112.2 Mil.
Pigeon's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €105.1 Mil. Therefore, Pigeon's EV-to-EBITDA for today is 10.58.
The historical rank and industry rank for Pigeon's EV-to-EBITDA or its related term are showing as below:
FRA:9N3'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.04 Med: 21.62 Max: 37.21
Current: 10.38
During the past 13 years, the highest EV-to-EBITDA of Pigeon was 37.21. The lowest was 8.04. And the median was 21.62.
FRA:9N3's EV-to-EBITDA is ranked worse than 57.36% of 1698
companies
in the Consumer Packaged Goods industry
Industry Median: 9.055
vs FRA:9N3: 10.38
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-09-16), Pigeon's stock price is €10.90.
Pigeon's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.425. Therefore, Pigeon's PE Ratio (TTM) for today is 25.65.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pigeon's share price for today is €10.90.
Pigeon's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.425.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Pigeon's EV-to-EBITDA 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.
For the Household & Personal Products subindustry, Pigeon's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Pigeon EV-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pigeon's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pigeon's EV-to-EBITDA falls into.
Pigeon's current Enterprise Value is €1,112.2 Mil.
Pigeon's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €105.1 Mil.
* 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.
Pigeon (FRA:9N3) has a EV-to-EBITDA of 10.58 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pigeon. This is 51% below median its historical median of 21.62. Over the past decade, Pigeon's EV-to-EBITDA has ranged from 8.04 to 37.21. According to the industry distribution chart, Pigeon ranks #974 out of 1698 companies in the Consumer Packaged Goods industry, placing it in the top 57.4%.
Is Pigeon's EV-to-EBITDA too high?
Pigeon's current EV-to-EBITDA of 10.58 is 51% below median its 10-year median of 21.62. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 37.21. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.06. Pigeon's value of 10.58 is 16.8% above this industry median. Based on the distribution chart, Pigeon ranks #974 out of 1698 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Pigeon has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pigeon's EV-to-EBITDA compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Pigeon ranks #974 out of 1698 companies for EV-to-EBITDA. This places Pigeon in the lower half of its industry. The industry median EV-to-EBITDA is 9.06. Pigeon's value of 10.58 is 16.8% above this benchmark. Historically, Pigeon's own EV-to-EBITDA has ranged from 8.04 to 37.21 over the past decade. While the company's 10-year median is 21.62 vs. the industry median of 9.06, Pigeon has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.06, based on 1,698 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pigeon's current EV-to-EBITDA of 10.58 is 16.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pigeon. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pigeon's current EV-to-EBITDA is 10.58, which is 51% below median its own 10-year median of 21.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pigeon stock overvalued right now?
Based on GuruFocus' analysis, Pigeon (FRA:9N3) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.54, compared to a current price of €10.90 — trading 14.3% above its estimated fair value. The current EV-to-EBITDA is 10.58, which is 51% below median its 10-year median of 21.62 and 16.8% above the Consumer Packaged Goods industry median of 9.06. Pigeon's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Pigeon (FRA:9N3), the current EV-to-EBITDA is 10.58 as of Sep. 16, 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 Pigeon (FRA:9N3) Overvalued in 2026?
Based on GuruFocus' analysis, Pigeon stock appears to be overvalued.
The current stock price of €10.90 is trading 14.3% above its estimated GF Value™ of €9.54.
GuruFocus considers Pigeon to be Modestly Overvalued.
Key valuation signals for FRA:9N3:
EV-to-EBITDA: 10.58 (51% below median its 10-year median of 21.62)
GF Value™: €9.54 vs. price of €10.90 (14.3% above fair value)
Industry Position: 16.8% above the Consumer Packaged Goods median (#974 of 1698)
No single metric tells the full story. See the FRA:9N3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pigeon Corp is a Japanese household and personal product company that manufactures and sells baby- and child-care and maternity products, women's care items, and home healthcare products, among others. The business is divided into a domestic baby and mother care business, child-rearing support services, a healthcare and nursing care business, and overseas Business, and a Chinese business. The overseas business includes Asia (South Korea, Singapore, and India, among others), the Middle East (United Arab Emirates, among others), North America (the U.S. and Canada), and others (South Africa, Germany, and South America).
82GF Score
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