Empire CoEMLAF 78 PB Ratio is 2.17 as of Jul. 01, 2026, which is 11% above its 10-year median of 1.95. GuruFocus rates EMLAF with a GF Score™ of 78/100 and a GF Value™ of $34.58 (Fairly Valued). The stock has 3 warning signs investors should review. Among 304 Retail - Defensive companies, Empire Co ranks worse than 59.54% 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 (2026-07-01), Empire Co's share price is $35.12. Empire Co's Book Value per Share for the quarter that ended in Apr. 2026 was $16.16. Hence, Empire Co's PB Ratio of today is 2.17.
Warning Sign:
Empire Co Ltd stock PB Ratio (=2.25) is close to 5-year high of 2.49.
The historical rank and industry rank for Empire Co's PB Ratio or its related term are showing as below:
EMLAF'
s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.95 Max: 2.78
Current: 2.25
During the past 13 years, Empire Co's highest PB Ratio was 2.78. The lowest was 1.12. And the median was 1.95.
EMLAF's PB Ratio is ranked worse than 59.54% of 304
companies
in the Retail - Defensive industry
Industry Median: 1.66
vs EMLAF: 2.25
During the past 12 months, Empire Co's average Book Value Per Share Growth Rate was -4.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Empire Co was 35.50% per year. The lowest was -14.20% per year. And the median was 9.45% 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.
Empire Co PB Ratio Related Terms
Empire Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Empire Co'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 Grocery Stores subindustry, Empire Co'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.
Empire Co PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Empire Co'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.
Empire Co'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.
Empire Co (EMLAF) has a PB Ratio of 2.17 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Empire Co and its competitors. This is 11% above median its historical median of 1.95. Over the past decade, Empire Co's PB Ratio has ranged from 1.12 to 2.78. According to the industry distribution chart, Empire Co ranks #181 out of 304 companies in the Retail - Defensive industry, placing it in the top 59.5%.
Is Empire Co's PB Ratio too high?
Empire Co's current PB Ratio of 2.17 is 11% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.78. The Retail - Defensive industry median PB Ratio is 1.66. Empire Co's value of 2.17 is 30.7% above this industry median. Based on the distribution chart, Empire Co ranks #181 out of 304 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Empire Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Empire Co ranks #181 out of 304 companies for PB Ratio. This places Empire Co in the lower half of its industry. The industry median PB Ratio is 1.66. Empire Co's value of 2.17 is 30.7% above this benchmark. Historically, Empire Co's own PB Ratio has ranged from 1.12 to 2.78 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.66, Empire Co 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 - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.66, based on 304 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. Empire Co's current PB Ratio of 2.17 is 30.7% 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 Empire Co and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Co's current PB Ratio is 2.17, which is 11% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (EMLAF) is currently considered Fairly Valued. The stock's GF Value™ is $34.58, compared to a current price of $35.12 — trading 1.6% above its estimated fair value. The current PB Ratio is 2.17, which is 11% above median its 10-year median of 1.95 and 30.7% above the Retail - Defensive industry median of 1.66. Empire Co'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 Empire Co (EMLAF), the current PB Ratio is 2.17 as of Jul. 01, 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 Empire Co (EMLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Empire Co stock appears to be overvalued.
The current stock price of $35.12 is trading 1.6% above its estimated GF Value™ of $34.58.
GuruFocus considers Empire Co to be Fairly Valued.
Key valuation signals for EMLAF:
PB Ratio: 2.17 (11% above median its 10-year median of 1.95)
GF Value™: $34.58 vs. price of $35.12 (1.6% above fair value)
Industry Position: 30.7% above the Retail - Defensive median (#181 of 304)
No single metric tells the full story. See the EMLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
78GF Score
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