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Shake ShackSHAK +1.98%76 PB Ratio is 4.38 as of Jul. 27, 2026, which is 36% below its 10-year median of 6.85. GuruFocus rates SHAK with a GF Score™ of 76/100 and a GF Value™ of $122.02 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 327 Restaurants companies, Shake Shack ranks worse than 77.37% 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 (2026-07-27), Shake Shack's share price is $57.10. Shake Shack's Book Value per Share for the quarter that ended in Mar. 2026 was $13.03. Hence, Shake Shack's PB Ratio of today is 4.38.
Good Sign:
Shake Shack Inc stock PB Ratio (=4.38) is close to 3-year low of 4.02.
The historical rank and industry rank for Shake Shack's PB Ratio or its related term are showing as below:
SHAK'
s PB Ratio Range Over the Past 10 Years
Min: 3.81 Med: 6.85 Max: 12.5
Current: 4.38
During the past 13 years, Shake Shack's highest PB Ratio was 12.50. The lowest was 3.81. And the median was 6.85.
SHAK's PB Ratio is ranked worse than 77.37% of 327
companies
in the Restaurants industry
Industry Median: 2.38
vs SHAK: 4.38
During the past 12 months, Shake Shack's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% 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 Shake Shack was 78.60% per year. The lowest was 2.20% per year. And the median was 12.80% 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.
Shake Shack PB Ratio Related Terms
Shake Shack PB Ratio Historical Data
* Premium members only.
The historical data trend for Shake Shack'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 Restaurants subindustry, Shake Shack'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.
Shake Shack PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Shake Shack's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shake Shack'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.
Shake Shack'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.
Shake Shack (SHAK) has a PB Ratio of 4.38 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shake Shack and its competitors. This is 36% below median its historical median of 6.85. Over the past decade, Shake Shack's PB Ratio has ranged from 3.81 to 12.50. According to the industry distribution chart, Shake Shack ranks #253 out of 327 companies in the Restaurants industry, placing it in the top 77.4%.
Is Shake Shack's PB Ratio too high?
Shake Shack's current PB Ratio of 4.38 is 36% below median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 12.50. The Restaurants industry median PB Ratio is 2.38. Shake Shack's value of 4.38 is 84% above this industry median. Based on the distribution chart, Shake Shack ranks #253 out of 327 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Shake Shack has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shake Shack's PB Ratio compare to ARCO and BJRI?
According to the Restaurants industry distribution chart, Shake Shack ranks #253 out of 327 companies for PB Ratio. This places Shake Shack in the lower half of its industry. The industry median PB Ratio is 2.38. Shake Shack's value of 4.38 is 84% above this benchmark. Historically, Shake Shack's own PB Ratio has ranged from 3.81 to 12.50 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 2.38, Shake Shack 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.38, based on 327 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. Shake Shack's current PB Ratio of 4.38 is 84% 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 Shake Shack and its competitors. For the Restaurants industry, the median PB Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shake Shack's current PB Ratio is 4.38, which is 36% below median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shake Shack stock overvalued right now?
Based on GuruFocus' analysis, Shake Shack (SHAK) is currently considered Significantly Undervalued. The stock's GF Value™ is $122.02, compared to a current price of $57.10 — trading 53.2% below its estimated fair value. The current PB Ratio is 4.38, which is 36% below median its 10-year median of 6.85 and 84% above the Restaurants industry median of 2.38. Shake Shack's overall GF Score™ is 76/100 with 2 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 Shake Shack (SHAK), the current PB Ratio is 4.38 as of Jul. 27, 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 Shake Shack (SHAK) Overvalued in 2026?
Based on GuruFocus' analysis, Shake Shack stock appears to be undervalued.
The current stock price of $57.10 is trading 53.2% below its estimated GF Value™ of $122.02.
GuruFocus considers Shake Shack to be Significantly Undervalued.
Key valuation signals for SHAK:
PB Ratio: 4.38 (36% below median its 10-year median of 6.85)
GF Value™: $122.02 vs. price of $57.10 (53.2% below fair value)
Industry Position: 84% above the Restaurants median (#253 of 327)
No single metric tells the full story. See the SHAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shake Shack Inc is a roadside burger stand. It serves a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine, and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order, and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh-brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water. Geographically, the company generates the majority of its revenue from the United States.
76GF Score
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