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Target HospitalityTH +3.53%66 PB Ratio is 4.60 as of Jul. 15, 2026, which is 31% above its 10-year median of 3.50. GuruFocus rates TH with a GF Score™ of 66/100 and a GF Value™ of $7.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,048 Business Services companies, Target Hospitality ranks worse than 84.64% on this metric.
The historical rank and industry rank for Target Hospitality's PB Ratio or its related term are showing as below:
TH'
s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 3.5 Max: 82.44
Current: 4.61
During the past 9 years, Target Hospitality's highest PB Ratio was 82.44. The lowest was 0.82. And the median was 3.50.
TH's PB Ratio is ranked worse than 84.64% of 1048
companies
in the Business Services industry
Industry Median: 1.66
vs TH: 4.61
During the past 12 months, Target Hospitality's average Book Value Per Share Growth Rate was -10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 41.00% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Target Hospitality was 64.60% per year. The lowest was -51.90% per year. And the median was 24.90% 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.
Target Hospitality PB Ratio Related Terms
Target Hospitality PB Ratio Historical Data
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The historical data trend for Target Hospitality'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 Specialty Business Services subindustry, Target Hospitality'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.
Target Hospitality PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Target Hospitality's PB Ratio distribution charts can be found below:
* The bar in red indicates where Target Hospitality'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.
Target Hospitality (TH) has a PB Ratio of 4.60 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Target Hospitality and its competitors. This is 31% above median its historical median of 3.50. Over the past decade, Target Hospitality's PB Ratio has ranged from 0.82 to 82.44. According to the industry distribution chart, Target Hospitality ranks #887 out of 1048 companies in the Business Services industry, placing it in the top 84.6%.
Is Target Hospitality's PB Ratio too high?
Target Hospitality's current PB Ratio of 4.60 is 31% above median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 82.44. The Business Services industry median PB Ratio is 1.66. Target Hospitality's value of 4.60 is 177.1% above this industry median. Based on the distribution chart, Target Hospitality ranks #887 out of 1048 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Target Hospitality has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Target Hospitality's PB Ratio compare to TIC and CMPR?
According to the Business Services industry distribution chart, Target Hospitality ranks #887 out of 1048 companies for PB Ratio. This places Target Hospitality in the lower half of its industry. The industry median PB Ratio is 1.66. Target Hospitality's value of 4.60 is 177.1% above this benchmark. Historically, Target Hospitality's own PB Ratio has ranged from 0.82 to 82.44 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 1.66, Target Hospitality 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. Target Hospitality's current PB Ratio of 4.60 is 177.1% 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 Target Hospitality and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Target Hospitality's current PB Ratio is 4.60, which is 31% above median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target Hospitality stock overvalued right now?
Based on GuruFocus' analysis, Target Hospitality (TH) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.52, compared to a current price of $17.32 — trading 130.3% above its estimated fair value. The current PB Ratio is 4.60, which is 31% above median its 10-year median of 3.50 and 177.1% above the Business Services industry median of 1.66. Target Hospitality's overall GF Score™ is 66/100 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 Target Hospitality (TH), the current PB Ratio is 4.60 as of Jul. 15, 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 Target Hospitality (TH) Overvalued in 2026?
Based on GuruFocus' analysis, Target Hospitality stock appears to be overvalued.
The current stock price of $17.32 is trading 130.3% above its estimated GF Value™ of $7.52.
GuruFocus considers Target Hospitality to be Significantly Overvalued.
Key valuation signals for TH:
PB Ratio: 4.60 (31% above median its 10-year median of 3.50)
GF Value™: $7.52 vs. price of $17.32 (130.3% above fair value)
Industry Position: 177.1% above the Business Services median (#887 of 1048)
No single metric tells the full story. See the TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services, including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. The company has three reportable segments: HFS - South, which provides specialty rental and hospitality services to the natural resources and development industry; WHS, which provides construction and hospitality solutions for critical mineral and data center projects; and Government, which provides specialty rental and hospitality services under government contracts.
66GF Score
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