Nick Scali (ASX:NCK) PB Ratio: 4.80 (As of Jul. 14, 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:NCK Nick Scali Ltd ASX:NCK
91 GF Score
Price A$15.61
GF Value A$16.47
Valuation Fairly Valued
! 5 Warning Signs
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What is Nick Scali PB Ratio?

Nick Scali ASX:NCK -2.62% 91 PB Ratio is 4.80 as of Jul. 14, 2026, which is 27% below its 10-year median of 6.56. GuruFocus rates ASX:NCK with a GF Score™ of 91/100 and a GF Value™ of A$16.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Nick Scali ranks worse than 84.29% 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 (2026-07-14), Nick Scali's share price is A$15.61. Nick Scali's Book Value per Share for the quarter that ended in Dec. 2025 was A$3.25. Hence, Nick Scali's PB Ratio of today is 4.80.

The historical rank and industry rank for Nick Scali's PB Ratio or its related term are showing as below:

ASX:NCK' s PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 6.56   Max: 12.45
Current: 4.8

During the past 13 years, Nick Scali's highest PB Ratio was 12.45. The lowest was 2.93. And the median was 6.56.

ASX:NCK's PB Ratio is ranked worse than
84.29% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs ASX:NCK: 4.80

During the past 12 months, Nick Scali's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nick Scali was 33.60% per year. The lowest was 2.30% per year. And the median was 17.60% per year.

Back to Basics: PB Ratio


Nick Scali  (ASX:NCK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Nick Scali PB Ratio Related Terms


Nick Scali PB Ratio Historical Data

* Premium members only.

The historical data trend for Nick Scali'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.

Nick Scali PB Ratio Chart

Nick Scali Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 4.75 4.10 4.57 5.84

Nick Scali Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio 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 5.20 4.57 4.81 5.84 7.25

ASX:NCK vs CASY, WSM, DKS: PB Ratio Comparison

For the Specialty Retail subindustry, Nick Scali'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.


Nick Scali PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nick Scali's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nick Scali's PB Ratio falls into.


ASX:NCK
91GF Score
Nick Scali Ltd ASX:NCK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nick Scali PB Ratio Calculation

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.

Nick Scali's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=15.61/3.25
=4.80

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.80 mean?
Nick Scali (ASX:NCK) has a PB Ratio of 4.80 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nick Scali and its competitors. This is 27% below median its historical median of 6.56. Over the past decade, Nick Scali's PB Ratio has ranged from 2.93 to 12.45. According to the industry distribution chart, Nick Scali ranks #907 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 84.3%.
Is Nick Scali's PB Ratio too high?
Nick Scali's current PB Ratio of 4.80 is 27% below median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 12.45. The Retail - Cyclical industry median PB Ratio is 1.47. Nick Scali's value of 4.80 is 227.6% above this industry median. Based on the distribution chart, Nick Scali ranks #907 out of 1076 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Nick Scali has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nick Scali's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nick Scali ranks #907 out of 1076 companies for PB Ratio. This places Nick Scali in the lower half of its industry. The industry median PB Ratio is 1.47. Nick Scali's value of 4.80 is 227.6% above this benchmark. Historically, Nick Scali's own PB Ratio has ranged from 2.93 to 12.45 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 1.47, Nick Scali 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Nick Scali's current PB Ratio of 4.80 is 227.6% 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 Nick Scali and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nick Scali's current PB Ratio is 4.80, which is 27% below median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nick Scali stock overvalued right now?
Based on GuruFocus' analysis, Nick Scali (ASX:NCK) is currently considered Fairly Valued. The stock's GF Value™ is A$16.47, compared to a current price of A$15.61 — trading 5.2% below its estimated fair value. The current PB Ratio is 4.80, which is 27% below median its 10-year median of 6.56 and 227.6% above the Retail - Cyclical industry median of 1.47. Nick Scali's overall GF Score™ is 91/100 with 5 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 Nick Scali (ASX:NCK), the current PB Ratio is 4.80 as of Jul. 14, 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 Nick Scali (ASX:NCK) Overvalued in 2026?

Based on GuruFocus' analysis, Nick Scali stock appears to be undervalued. The current stock price of A$15.61 is trading 5.2% below its estimated GF Value™ of A$16.47. GuruFocus considers Nick Scali to be Fairly Valued.

Key valuation signals for ASX:NCK:

  • PB Ratio: 4.80 (27% below median its 10-year median of 6.56)
  • GF Value™: A$16.47 vs. price of A$15.61 (5.2% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 227.6% above the Retail - Cyclical median (#907 of 1076)

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


Nick Scali Business Description

Address 39 Delhi Road, Level 7, Triniti II, North Ryde, Sydney, NSW, AUS, 2113
Nick Scali Ltd engages in the sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers products of Sofas & Armchairs, Living Room, Dining Room, Bedroom, and Rugs & Accessories. The Company has two reportable segments, being the retailing of furniture in Australia and New Zealand, as well as the United Kingdom.
91GF Score

Get the complete analysis for ASX:NCK

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

A$15.61
Price
A$16.47
GF Value