SWIM (Latham Group) PB Ratio: 1.79 (As of Jun. 25, 2026) — Near Median


SWIM Latham Group Inc SWIM
74 GF Score
Price $6.05
GF Value $6.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Latham Group PB Ratio?

Latham Group SWIM +2.98% 74 PB Ratio is 1.79 as of Jun. 25, 2026, which is 1% below its 10-year median of 1.80. GuruFocus rates SWIM with a GF Score™ of 74/100 and a GF Value™ of $6.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,722 Construction companies, Latham Group ranks worse than 60.34% 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 (2026-06-25), Latham Group's share price is $6.045. Latham Group's Book Value per Share for the quarter that ended in Mar. 2026 was $3.38. Hence, Latham Group's PB Ratio of today is 1.79.

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

SWIM' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.8   Max: 33.17
Current: 1.79

During the past 7 years, Latham Group's highest PB Ratio was 33.17. The lowest was 0.62. And the median was 1.80.

SWIM's PB Ratio is ranked worse than
60.34% of 1722 companies
in the Construction industry
Industry Median: 1.32 vs SWIM: 1.79

During the past 12 months, Latham Group's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Latham Group was 27.50% per year. The lowest was 1.40% per year. And the median was 9.10% per year.

Back to Basics: PB Ratio


Latham Group  (NAS:SWIM) 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.


Latham Group PB Ratio Related Terms


Latham Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Latham Group'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.

Latham Group PB Ratio Chart

Latham Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 8.45 0.96 0.76 2.08 1.83

Latham Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 1.87 2.17 1.83 1.59

SWIM vs ASPN, JBI, APOG: PB Ratio Comparison

For the Building Products & Equipment subindustry, Latham Group'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.


Latham Group PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Latham Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Latham Group's PB Ratio falls into.


SWIM
74GF Score
Latham Group Inc SWIM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Latham Group 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.

Latham Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.045/3.379
=1.79

* 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 1.79 mean?
Latham Group (SWIM) has a PB Ratio of 1.79 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Latham Group and its competitors. This is near median its historical median of 1.80. Over the past decade, Latham Group's PB Ratio has ranged from 0.62 to 33.17. According to the industry distribution chart, Latham Group ranks #1039 out of 1722 companies in the Construction industry, placing it in the top 60.3%.
Is Latham Group's PB Ratio too high?
Latham Group's current PB Ratio of 1.79 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 33.17. The Construction industry median PB Ratio is 1.32. Latham Group's value of 1.79 is 35.6% above this industry median. Based on the distribution chart, Latham Group ranks #1039 out of 1722 companies in the Construction industry, which is below the industry midpoint. Overall, Latham Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Latham Group's PB Ratio compare to ASPN and JBI?
According to the Construction industry distribution chart, Latham Group ranks #1039 out of 1722 companies for PB Ratio. This places Latham Group in the lower half of its industry. The industry median PB Ratio is 1.32. Latham Group's value of 1.79 is 35.6% above this benchmark. Historically, Latham Group's own PB Ratio has ranged from 0.62 to 33.17 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.32, Latham Group 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. Latham Group's current PB Ratio of 1.79 is 35.6% 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 Latham Group and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latham Group's current PB Ratio is 1.79, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latham Group stock overvalued right now?
Based on GuruFocus' analysis, Latham Group (SWIM) is currently considered Fairly Valued. The stock's GF Value™ is $6.18, compared to a current price of $6.05 — trading 2.2% below its estimated fair value. The current PB Ratio is 1.79, which is near median its 10-year median of 1.80 and 35.6% above the Construction industry median of 1.32. Latham Group's overall GF Score™ is 74/100 with 5 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 Latham Group (SWIM), the current PB Ratio is 1.79 as of Jun. 25, 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 Latham Group (SWIM) Overvalued in 2026?

Based on GuruFocus' analysis, Latham Group stock appears to be undervalued. The current stock price of $6.05 is trading 2.2% below its estimated GF Value™ of $6.18. GuruFocus considers Latham Group to be Fairly Valued.

Key valuation signals for SWIM:

  • PB Ratio: 1.79 (near median its 10-year median of 1.80)
  • GF Value™: $6.18 vs. price of $6.05 (2.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 35.6% above the Construction median (#1039 of 1722)

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


Latham Group Business Description

Address 787 Watervliet Shaker Road, Latham, NY, USA, 12110
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. The company derives a majority of its revenue from the United States.
74GF Score

Get the complete analysis for SWIM

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

$6.05
Price
$6.18
GF Value