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East African BreweriesNAI:EABL -1.72%74 PB Ratio is 6.91 as of Aug. 09, 2026, which is 56% below its 10-year median of 15.76. GuruFocus rates NAI:EABL with a GF Score™ of 74/100 and a GF Value™ of KES315.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 206 Beverages - Alcoholic companies, East African Breweries ranks worse than 89.81% on this metric.
The historical rank and industry rank for East African Breweries's PB Ratio or its related term are showing as below:
NAI:EABL'
s PB Ratio Range Over the Past 10 Years
Min: 3.84 Med: 15.76 Max: 31.77
Current: 6.91
During the past 13 years, East African Breweries's highest PB Ratio was 31.77. The lowest was 3.84. And the median was 15.76.
NAI:EABL's PB Ratio is ranked worse than 89.81% of 206
companies
in the Beverages - Alcoholic industry
Industry Median: 1.72
vs NAI:EABL: 6.91
During the past 12 months, East African Breweries's average Book Value Per Share Growth Rate was 23.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 39.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of East African Breweries was 56.70% per year. The lowest was -31.60% per year. And the median was 7.05% 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.
* 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 - Brewers subindustry, East African Breweries'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.
East African Breweries PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's PB Ratio distribution charts can be found below:
* The bar in red indicates where East African Breweries'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.
East African Breweries (NAI:EABL) has a PB Ratio of 6.91 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on East African Breweries and its competitors. This is 56% below median its historical median of 15.76. Over the past decade, East African Breweries' PB Ratio has ranged from 3.84 to 31.77. According to the industry distribution chart, East African Breweries ranks #185 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 89.8%.
Is East African Breweries' PB Ratio too high?
East African Breweries' current PB Ratio of 6.91 is 56% below median its 10-year median of 15.76. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 31.77. The Beverages - Alcoholic industry median PB Ratio is 1.72. East African Breweries' value of 6.91 is 301.7% above this industry median. Based on the distribution chart, East African Breweries ranks #185 out of 206 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, East African Breweries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East African Breweries' PB Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, East African Breweries ranks #185 out of 206 companies for PB Ratio. This places East African Breweries in the lower half of its industry. The industry median PB Ratio is 1.72. East African Breweries' value of 6.91 is 301.7% above this benchmark. Historically, East African Breweries' own PB Ratio has ranged from 3.84 to 31.77 over the past decade. While the company's 10-year median is 15.76 vs. the industry median of 1.72, East African Breweries 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 - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.72, based on 206 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. East African Breweries's current PB Ratio of 6.91 is 301.7% 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 East African Breweries and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Breweries's current PB Ratio is 6.91, which is 56% below median its own 10-year median of 15.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Breweries stock overvalued right now?
Based on GuruFocus' analysis, East African Breweries (NAI:EABL) is currently considered Modestly Undervalued. The stock's GF Value™ is KES315.29, compared to a current price of KES285.00 — trading 9.6% below its estimated fair value. The current PB Ratio is 6.91, which is 56% below median its 10-year median of 15.76 and 301.7% above the Beverages - Alcoholic industry median of 1.72. East African Breweries' overall GF Score™ is 74/100 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 East African Breweries (NAI:EABL), the current PB Ratio is 6.91 as of Aug. 09, 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 East African Breweries (NAI:EABL) Overvalued in 2026?
Based on GuruFocus' analysis, East African Breweries stock appears to be undervalued.
The current stock price of KES285.00 is trading 9.6% below its estimated GF Value™ of KES315.29.
GuruFocus considers East African Breweries to be Modestly Undervalued.
Key valuation signals for NAI:EABL:
PB Ratio: 6.91 (56% below median its 10-year median of 15.76)
GF Value™: KES315.29 vs. price of KES285.00 (9.6% below fair value)
Industry Position: 301.7% above the Beverages - Alcoholic median (#185 of 206)
No single metric tells the full story. See the NAI:EABL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue mainly from brewing, marketing, and selling of drinks, malt, and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.
74GF Score
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