Pets at Home GroupCHIX:PETSL +0.17%68 Gross Margin % is 46.01% as of Mar. 2026, which is 4% below its 10-year median of 48.17. GuruFocus rates CHIX:PETSL with a GF Score™ of 68/100 and a GF Value™ of £2.90 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Pets at Home Group ranks better than 67.23% on this metric.
Pets at Home Group PLC gross margin has been in long-term decline. The average rate of decline per year is -1.5%.
The historical rank and industry rank for Pets at Home Group's Gross Margin % or its related term are showing as below:
CHIX:PETSl'
s Gross Margin % Range Over the Past 10 Years
Min: 45.73 Med: 48.17 Max: 54.17
Current: 45.73
During the past 13 years, the highestGross Margin % of Pets at Home Group was 54.17%. The lowest was 45.73%. And the median was 48.17%.
CHIX:PETSl's Gross Margin % is ranked better than 67.23% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 36.23
vs CHIX:PETSl: 45.73
Pets at Home Group had a gross margin of 46.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Pets at Home Group was -1.50% per year.
Pets at Home Group (CHIX:PETSl) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Pets at Home Group had a gross margin of 46.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Pets at Home Group Gross Margin % Related Terms
Pets at Home Group Gross Margin % Historical Data
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The historical data trend for Pets at Home Group's Gross Margin % 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.
CHIX:PETSL vs CASY, WSM, ULTA: Gross Margin % Comparison
For the Specialty Retail subindustry, Pets at Home Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Pets at Home Group Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pets at Home Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pets at Home Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Pets at Home Group (CHIX:PETSL) has a Gross Margin % of 46.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pets at Home Group and its competitors. This is near median its historical median of 48.17. Over the past decade, Pets at Home Group's Gross Margin % has ranged from 45.73 to 54.17. According to the industry distribution chart, Pets at Home Group ranks #366 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 32.8%.
Is Pets at Home Group's Gross Margin % too high?
Pets at Home Group's current Gross Margin % of 46.01% is near median its 10-year median of 48.17. Over the past 10 years, this metric has ranged from a low of 45.73 to a high of 54.17. The Retail - Cyclical industry median Gross Margin % is 36.23. Pets at Home Group's value of 46.01% is 27% above this industry median. Based on the distribution chart, Pets at Home Group ranks #366 out of 1117 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Pets at Home Group has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pets at Home Group's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Pets at Home Group ranks #366 out of 1117 companies for Gross Margin %. This puts Pets at Home Group in the upper half of its industry. The industry median Gross Margin % is 36.23. Pets at Home Group's value of 46.01% is 27% above this benchmark. Historically, Pets at Home Group's own Gross Margin % has ranged from 45.73 to 54.17 over the past decade. While the company's 10-year median is 48.17 vs. the industry median of 36.23, Pets at Home Group 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 Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pets at Home Group's current Gross Margin % of 46.01% is 27% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pets at Home Group and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pets at Home Group's current Gross Margin % is 46.01%, which is near median its own 10-year median of 48.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pets at Home Group stock overvalued right now?
Based on GuruFocus' analysis, Pets at Home Group (CHIX:PETSL) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.90, compared to a current price of £1.81 — trading 37.6% below its estimated fair value. The current Gross Margin % is 46.01%, which is near median its 10-year median of 48.17 and 27% above the Retail - Cyclical industry median of 36.23. Pets at Home Group's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pets at Home Group (CHIX:PETSL), the current Gross Margin % is 46.01% 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 Pets at Home Group (CHIX:PETSL) Overvalued in 2026?
Based on GuruFocus' analysis, Pets at Home Group stock appears to be undervalued.
The current stock price of £1.81 is trading 37.6% below its estimated GF Value™ of £2.90.
GuruFocus considers Pets at Home Group to be Significantly Undervalued.
Key valuation signals for CHIX:PETSL:
Gross Margin %: 46.01% (near median its 10-year median of 48.17)
GF Value™: £2.90 vs. price of £1.81 (37.6% below fair value)
Industry Position: 27% above the Retail - Cyclical median (#366 of 1117)
No single metric tells the full story. See the CHIX:PETSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pets at Home Group PLC is an omnichannel British retailer operating mainly in the United Kingdom. The company has a network of stores, websites, grooming salons, and pet services, such as veterinary. The product portfolio is diverse, including items for dogs, cats, fish, reptiles, birds, and wildlife. The items sold are from the following categories: food, pet beds, toys, pet clothing, kennels, collars, healthcare, grooming, training, books, and accessories. The products are sold under the Pets at Home brand, private brand, and labels. The veterinary services are located within stores, as well as in stand-alone locations, throughout the U.K.
68GF Score
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