APi GroupAPG -0.34%78 PB Ratio is 5.10 as of Jun. 30, 2026, which is 90% above its 10-year median of 2.68. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,717 Construction companies, APi Group ranks worse than 87.77% on this metric.
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 (2026-06-30), APi Group's share price is $41.01. APi Group's Book Value per Share for the quarter that ended in Mar. 2026 was $8.05. Hence, APi Group's PB Ratio of today is 5.10.
The historical rank and industry rank for APi Group's PB Ratio or its related term are showing as below:
APG'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 2.68 Max: 6.04
Current: 5.09
During the past 8 years, APi Group's highest PB Ratio was 6.04. The lowest was 0.72. And the median was 2.68.
APG's PB Ratio is ranked worse than 87.77% of 1717
companies
in the Construction industry
Industry Median: 1.31
vs APG: 5.09
During the past 12 months, APi Group's average Book Value Per Share Growth Rate was 12.10% 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 4.40% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of APi Group was 10.50% per year. The lowest was -2.80% per year. And the median was -0.25% per year.
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.
APi Group PB Ratio Related Terms
APi Group PB Ratio Historical Data
* Premium members only.
The historical data trend for APi 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.
For the Engineering & Construction subindustry, APi 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.
APi Group PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, APi Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where APi Group's PB Ratio falls into.
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.
APi Group's PB Ratio for today is calculated as follows:
* 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.
APi Group (APG) has a PB Ratio of 5.10 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on APi Group and its competitors. This is 90% above median its historical median of 2.68. Over the past decade, APi Group's PB Ratio has ranged from 0.72 to 6.04. According to the industry distribution chart, APi Group ranks #1507 out of 1717 companies in the Construction industry, placing it in the top 87.8%.
Is APi Group's PB Ratio too high?
APi Group's current PB Ratio of 5.10 is 90% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 6.04. The Construction industry median PB Ratio is 1.31. APi Group's value of 5.10 is 289.3% above this industry median. Based on the distribution chart, APi Group ranks #1507 out of 1717 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, APi Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APi Group's PB Ratio compare to J and DY?
According to the Construction industry distribution chart, APi Group ranks #1507 out of 1717 companies for PB Ratio. This places APi Group in the lower half of its industry. The industry median PB Ratio is 1.31. APi Group's value of 5.10 is 289.3% above this benchmark. Historically, APi Group's own PB Ratio has ranged from 0.72 to 6.04 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 1.31, APi 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 PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,717 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APi Group's current PB Ratio of 5.10 is 289.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on APi Group and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group's current PB Ratio is 5.10, which is 90% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APi Group stock overvalued right now?
Based on GuruFocus' analysis, APi Group (APG) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.66, compared to a current price of $41.01 — trading 53.8% above its estimated fair value. The current PB Ratio is 5.10, which is 90% above median its 10-year median of 2.68 and 289.3% above the Construction industry median of 1.31. APi Group's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For APi Group (APG), the current PB Ratio is 5.10 as of Jun. 30, 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 APi Group (APG) Overvalued in 2026?
Based on GuruFocus' analysis, APi Group stock appears to be overvalued.
The current stock price of $41.01 is trading 53.8% above its estimated GF Value™ of $26.66.
GuruFocus considers APi Group to be Significantly Overvalued.
Key valuation signals for APG:
PB Ratio: 5.10 (90% above median its 10-year median of 2.68)
GF Value™: $26.66 vs. price of $41.01 (53.8% above fair value)
Industry Position: 289.3% above the Construction median (#1507 of 1717)
No single metric tells the full story. See the APG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
78GF Score
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