SHW AG (HAM:SW10) PB Ratio: 0.35 (As of Jul. 11, 2026) — 48% Below Median


HAM:SW10 SHW AG HAM:SW10
55 GF Score
Price €6.50
GF Value €12.02
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SHW AG PB Ratio?

SHW AG HAM:SW10 55 PB Ratio is 0.35 as of Jul. 11, 2026, which is 48% below its 10-year median of 0.67. GuruFocus rates HAM:SW10 with a GF Score™ of 55/100 and a GF Value™ of €12.02 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,294 Vehicles & Parts companies, SHW AG ranks better than 89.18% 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 (2026-07-11), SHW AG's share price is €6.50. SHW AG's Book Value per Share for the quarter that ended in Dec. 2025 was €18.37. Hence, SHW AG's PB Ratio of today is 0.35.

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

HAM:SW10' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.67   Max: 1.05
Current: 0.36

During the past 13 years, SHW AG's highest PB Ratio was 1.05. The lowest was 0.30. And the median was 0.67.

HAM:SW10's PB Ratio is ranked better than
89.18% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.36 vs HAM:SW10: 0.36

During the past 12 months, SHW AG's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SHW AG was 32.10% per year. The lowest was -2.50% per year. And the median was 2.30% per year.

Back to Basics: PB Ratio


SHW AG  (HAM:SW10) 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.


SHW AG PB Ratio Related Terms


SHW AG PB Ratio Historical Data

* Premium members only.

The historical data trend for SHW AG'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.

SHW AG PB Ratio Chart

SHW AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.71 0.69 0.72 0.31

SHW AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 0.97 0.71 0.69 0.72 0.31

HAM:SW10 vs ORLY, AZO, GPC: PB Ratio Comparison

For the Auto Parts subindustry, SHW AG'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.


SHW AG PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SHW AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where SHW AG's PB Ratio falls into.


HAM:SW10
55GF Score
SHW AG HAM:SW10
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SHW AG 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.

SHW AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=6.50/18.372
=0.35

* 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 0.35 mean?
SHW AG (HAM:SW10) has a PB Ratio of 0.35 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SHW AG and its competitors. This is 48% below median its historical median of 0.67. Over the past decade, SHW AG's PB Ratio has ranged from 0.30 to 1.05. According to the industry distribution chart, SHW AG ranks #140 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 10.8%.
Is SHW AG's PB Ratio too high?
SHW AG's current PB Ratio of 0.35 is 48% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.05. The Vehicles & Parts industry median PB Ratio is 1.36. SHW AG's value of 0.35 is 74.3% below this industry median. Based on the distribution chart, SHW AG ranks #140 out of 1294 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SHW AG has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SHW AG's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SHW AG ranks #140 out of 1294 companies for PB Ratio. This places SHW AG in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. SHW AG's value of 0.35 is 74.3% below this benchmark. Historically, SHW AG's own PB Ratio has ranged from 0.30 to 1.05 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.36, SHW AG 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 PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. SHW AG's current PB Ratio of 0.35 is 74.3% 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 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 SHW AG and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHW AG's current PB Ratio is 0.35, which is 48% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHW AG stock overvalued right now?
Based on GuruFocus' analysis, SHW AG (HAM:SW10) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.02, compared to a current price of €6.50 — trading 45.9% below its estimated fair value. The current PB Ratio is 0.35, which is 48% below median its 10-year median of 0.67 and 74.3% below the Vehicles & Parts industry median of 1.36. SHW AG's overall GF Score™ is 55/100 with 4 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 SHW AG (HAM:SW10), the current PB Ratio is 0.35 as of Jul. 11, 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 SHW AG (HAM:SW10) Overvalued in 2026?

Based on GuruFocus' analysis, SHW AG stock appears to be undervalued. The current stock price of €6.50 is trading 45.9% below its estimated GF Value™ of €12.02. GuruFocus considers SHW AG to be Significantly Undervalued.

Key valuation signals for HAM:SW10:

  • PB Ratio: 0.35 (48% below median its 10-year median of 0.67)
  • GF Value™: €12.02 vs. price of €6.50 (45.9% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 74.3% below the Vehicles & Parts median (#140 of 1294)

No single metric tells the full story. See the HAM:SW10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHW AG Business Description

Address Wilhelmstrasse 111, Aalen, BW, DEU, 73433
SHW AG is a Germany-based developer and manufacturer of a product that contributes to a reduction of fuel consumption and consequently CO2 emissions in the vehicle industry. The company has two operating segments, Pumps, and Engine Components and Brake Disc segment. In its Pumps and engine components business segment SHW develops and produces engine and transmission components for the various area of application. In the Brake Discs business segment, it develops and produces Monobloc, ventilated, cast iron brake discs as well as lightweight brake discs. The company generates the majority of its revenue from the Pumps and engine components business segment.
55GF Score

Get the complete analysis for HAM:SW10

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

€6.50
Price
€12.02
GF Value