PG (MAL:PG) Gross Margin %: 13.06% (As of Oct. 2025) — 14% Below Median


MAL:PG PG PLC MAL:PG
92 GF Score
Price €1.65
GF Value €2.25
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PG Gross Margin %?

PG MAL:PG 92 Gross Margin % is 13.06% as of Oct. 2025, which is 14% below its 10-year median of 15.13. GuruFocus rates MAL:PG with a GF Score™ of 92/100 and a GF Value™ of €2.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,113 Retail - Cyclical companies, PG ranks worse than 87.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PG's Gross Profit for the six months ended in Oct. 2025 was €13.7 Mil. PG's Revenue for the six months ended in Oct. 2025 was €104.8 Mil. Therefore, PG's Gross Margin % for the quarter that ended in Oct. 2025 was 13.06%.

Warning Sign:

PG PLC gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


The historical rank and industry rank for PG's Gross Margin % or its related term are showing as below:

MAL:PG' s Gross Margin % Range Over the Past 10 Years
Min: 12.31   Med: 15.13   Max: 15.66
Current: 12.36


During the past 10 years, the highest Gross Margin % of PG was 15.66%. The lowest was 12.31%. And the median was 15.13%.

MAL:PG's Gross Margin % is ranked worse than
87.42% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.26 vs MAL:PG: 12.36

PG had a gross margin of 13.06% for the quarter that ended in Oct. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PG was -4.70% per year.


PG  (MAL:PG) 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

PG had a gross margin of 13.06% for the quarter that ended in Oct. 2025 => No sustainable 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.


PG Gross Margin % Related Terms


PG Gross Margin % Historical Data

* Premium members only.

The historical data trend for PG'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.

PG Gross Margin % Chart

PG Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 15.20 14.08 13.41 12.31

PG Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Gross Margin % 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 13.93 12.92 13.02 11.67 13.06

MAL:PG vs DDS, M: Gross Margin % Comparison

For the Department Stores subindustry, PG'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.


PG Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PG's Gross Margin % falls into.


MAL:PG
92GF Score
PG PLC MAL:PG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PG Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

PG's Gross Margin for the fiscal year that ended in Apr. 2025 is calculated as

Gross Margin % (A: Apr. 2025 )=Gross Profit (A: Apr. 2025 ) / Revenue (A: Apr. 2025 )
=24.9 / 202.015
=(Revenue - Cost of Goods Sold) / Revenue
=(202.015 - 177.138) / 202.015
=12.31 %

PG's Gross Margin for the quarter that ended in Oct. 2025 is calculated as


Gross Margin % (Q: Oct. 2025 )=Gross Profit (Q: Oct. 2025 ) / Revenue (Q: Oct. 2025 )
=13.7 / 104.84
=(Revenue - Cost of Goods Sold) / Revenue
=(104.84 - 91.148) / 104.84
=13.06 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 13.06% mean?
PG (MAL:PG) has a Gross Margin % of 13.06% as of Oct. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on PG and its competitors. This is 14% below median its historical median of 15.13. Over the past decade, PG's Gross Margin % has ranged from 12.31 to 15.66. According to the industry distribution chart, PG ranks #973 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 87.4%.
Is PG's Gross Margin % too high?
PG's current Gross Margin % of 13.06% is 14% below median its 10-year median of 15.13. Over the past 10 years, this metric has ranged from a low of 12.31 to a high of 15.66. The Retail - Cyclical industry median Gross Margin % is 36.26. PG's value of 13.06% is 64% below this industry median. Based on the distribution chart, PG ranks #973 out of 1113 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, PG has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PG's Gross Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PG ranks #973 out of 1113 companies for Gross Margin %. This places PG in the lower half of its industry. The industry median Gross Margin % is 36.26. PG's value of 13.06% is 64% below this benchmark. Historically, PG's own Gross Margin % has ranged from 12.31 to 15.66 over the past decade. While the company's 10-year median is 15.13 vs. the industry median of 36.26, PG has consistently been below 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 36.26, based on 1,113 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. PG's current Gross Margin % of 13.06% is 64% below 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 PG and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PG's current Gross Margin % is 13.06%, which is 14% below median its own 10-year median of 15.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PG stock overvalued right now?
Based on GuruFocus' analysis, PG (MAL:PG) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.25, compared to a current price of €1.65 — trading 26.7% below its estimated fair value. The current Gross Margin % is 13.06%, which is 14% below median its 10-year median of 15.13 and 64% below the Retail - Cyclical industry median of 36.26. PG's overall GF Score™ is 92/100 with 4 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 PG (MAL:PG), the current Gross Margin % is 13.06% as of Oct. 2025. 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 PG (MAL:PG) Overvalued in 2026?

Based on GuruFocus' analysis, PG stock appears to be undervalued. The current stock price of €1.65 is trading 26.7% below its estimated GF Value™ of €2.25. GuruFocus considers PG to be Modestly Undervalued.

Key valuation signals for MAL:PG:

  • Gross Margin %: 13.06% (14% below median its 10-year median of 15.13)
  • GF Value™: €2.25 vs. price of €1.65 (26.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 64% below the Retail - Cyclical median (#973 of 1113)

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


PG Business Description

Address Valletta Road, PAMA Shopping Village, Mosta, MLT, MST 9017
PG PLC is a Malta-based investment company that manages supermarket and retail markets. It is engaged in the retailing of food, household goods, and other ancillary products through the PAVI Shopping Complex in Qormi and the PAMA Shopping Village in Mosta. It is also involved in the selling of Zara clothing and Zara Home household goods as a franchisee. The company also leases several retail outlets within Pavi Shopping Complex and Pama Shopping Village to third parties.
92GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.65
Price
€2.25
GF Value