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National BeverageFRA:20V +4.55%71 PB Ratio is 4.75 as of Jul. 18, 2026, which is 54% below its 10-year median of 10.27. GuruFocus rates FRA:20V with a GF Score™ of 71/100 and a GF Value™ of €40.43. The stock has 1 warning sign investors should review. Among 112 Beverages - Non-Alcoholic companies, National Beverage ranks worse than 82.14% on this metric.
National Beverage Corp stock PB Ratio (=4.57) is close to 10-year low of 4.44.
The historical rank and industry rank for National Beverage's PB Ratio or its related term are showing as below:
FRA:20V'
s PB Ratio Range Over the Past 10 Years
Min: 4.44 Med: 10.27 Max: 27.09
Current: 4.57
During the past 13 years, National Beverage's highest PB Ratio was 27.09. The lowest was 4.44. And the median was 10.27.
FRA:20V's PB Ratio is ranked worse than 82.14% of 112
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.27
vs FRA:20V: 4.57
During the past 12 months, National Beverage's average Book Value Per Share Growth Rate was 43.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Beverage was 43.20% per year. The lowest was -21.10% per year. And the median was 15.40% 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.
National Beverage PB Ratio Related Terms
National Beverage PB Ratio Historical Data
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The historical data trend for National Beverage'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 Beverages - Non-Alcoholic subindustry, National Beverage'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.
National Beverage PB Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Beverage'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.
* 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.
National Beverage (FRA:20V) has a PB Ratio of 4.75 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Beverage and its competitors. This is 54% below median its historical median of 10.27. Over the past decade, National Beverage's PB Ratio has ranged from 4.44 to 27.09. According to the industry distribution chart, National Beverage ranks #92 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 82.1%.
Is National Beverage's PB Ratio too high?
National Beverage's current PB Ratio of 4.75 is 54% below median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 27.09. The Beverages - Non-Alcoholic industry median PB Ratio is 2.27. National Beverage's value of 4.75 is 109.3% above this industry median. Based on the distribution chart, National Beverage ranks #92 out of 112 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, National Beverage has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's PB Ratio compare to COCO and SUJA?
According to the Beverages - Non-Alcoholic industry distribution chart, National Beverage ranks #92 out of 112 companies for PB Ratio. This places National Beverage in the lower half of its industry. The industry median PB Ratio is 2.27. National Beverage's value of 4.75 is 109.3% above this benchmark. Historically, National Beverage's own PB Ratio has ranged from 4.44 to 27.09 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 2.27, National Beverage 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 Beverages - Non-Alcoholic company?
The median PB Ratio among Beverages - Non-Alcoholic companies is 2.27, based on 112 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. National Beverage's current PB Ratio of 4.75 is 109.3% 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 National Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Beverage's current PB Ratio is 4.75, which is 54% below median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Beverage stock overvalued right now?
National Beverage (FRA:20V) has a current PB Ratio of 4.75. The stock's GF Value™ is €40.43, compared to a current price of €27.60 — trading 31.7% below its estimated fair value. The current PB Ratio is 4.75, which is 54% below median its 10-year median of 10.27 and 109.3% above the Beverages - Non-Alcoholic industry median of 2.27. National Beverage's overall GF Score™ is 71/100 with 1 warning sign 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 National Beverage (FRA:20V), the current PB Ratio is 4.75 as of Jul. 18, 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 National Beverage (FRA:20V) Overvalued in 2026?
Based on GuruFocus' analysis, National Beverage stock appears to be undervalued.
The current stock price of €27.60 is trading 31.7% below its estimated GF Value™ of €40.43.
Key valuation signals for FRA:20V:
PB Ratio: 4.75 (54% below median its 10-year median of 10.27)
GF Value™: €40.43 vs. price of €27.60 (31.7% below fair value)
Industry Position: 109.3% above the Beverages - Non-Alcoholic median (#92 of 112)
No single metric tells the full story. See the FRA:20V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
71GF Score
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