George Weston (TSX:WN) PB Ratio: 9.26 (As of Jul. 04, 2026) — 239% Above Median


TSX:WN George Weston Ltd TSX:WN
79 GF Score
Price C$99.64
GF Value C$83.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is George Weston PB Ratio?

George Weston TSX:WN -0.99% 79 PB Ratio is 9.26 as of Jul. 04, 2026, which is 239% above its 10-year median of 2.73. GuruFocus rates TSX:WN with a GF Score™ of 79/100 and a GF Value™ of C$83.95 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 304 Retail - Defensive companies, George Weston ranks worse than 92.76% 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 (2026-07-04), George Weston's share price is C$99.64. George Weston's Book Value per Share for the quarter that ended in Mar. 2026 was C$10.76. Hence, George Weston's PB Ratio of today is 9.26.

Warning Sign:

George Weston Ltd stock PB Ratio (=9.71) is close to 10-year high of 9.71.

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

TSX:WN' s PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.73   Max: 9.71
Current: 9.26

During the past 13 years, George Weston's highest PB Ratio was 9.71. The lowest was 1.61. And the median was 2.73.

TSX:WN's PB Ratio is ranked worse than
92.76% of 304 companies
in the Retail - Defensive industry
Industry Median: 1.675 vs TSX:WN: 9.26

During the past 12 months, George Weston's average Book Value Per Share Growth Rate was -17.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of George Weston was 18.90% per year. The lowest was -10.90% per year. And the median was 4.35% per year.

Back to Basics: PB Ratio


George Weston  (TSX:WN) 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.


George Weston PB Ratio Related Terms


George Weston PB Ratio Historical Data

* Premium members only.

The historical data trend for George Weston'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.

George Weston PB Ratio Chart

George Weston 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 3.50 3.92 3.77 5.35 8.05

George Weston 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 6.30 7.36 6.65 8.05 9.13

TSX:WN vs KR, SFM, ACI: PB Ratio Comparison

For the Grocery Stores subindustry, George Weston'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.


George Weston PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's PB Ratio distribution charts can be found below:

* The bar in red indicates where George Weston's PB Ratio falls into.


TSX:WN
79GF Score
George Weston Ltd TSX:WN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

George Weston 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.

George Weston's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=99.64/10.763
=9.26

* 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 9.26 mean?
George Weston (TSX:WN) has a PB Ratio of 9.26 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on George Weston and its competitors. This is 239% above median its historical median of 2.73. Over the past decade, George Weston's PB Ratio has ranged from 1.61 to 9.71. According to the industry distribution chart, George Weston ranks #282 out of 304 companies in the Retail - Defensive industry, placing it in the top 92.8%.
Is George Weston's PB Ratio too high?
George Weston's current PB Ratio of 9.26 is 239% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 9.71. The Retail - Defensive industry median PB Ratio is 1.68. George Weston's value of 9.26 is 452.8% above this industry median. Based on the distribution chart, George Weston ranks #282 out of 304 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, George Weston has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does George Weston's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, George Weston ranks #282 out of 304 companies for PB Ratio. This places George Weston in the lower half of its industry. The industry median PB Ratio is 1.68. George Weston's value of 9.26 is 452.8% above this benchmark. Historically, George Weston's own PB Ratio has ranged from 1.61 to 9.71 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.68, George Weston 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.68, based on 304 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. George Weston's current PB Ratio of 9.26 is 452.8% 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 George Weston and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. George Weston's current PB Ratio is 9.26, which is 239% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is George Weston stock overvalued right now?
Based on GuruFocus' analysis, George Weston (TSX:WN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$83.95, compared to a current price of C$99.64 — trading 18.7% above its estimated fair value. The current PB Ratio is 9.26, which is 239% above median its 10-year median of 2.73 and 452.8% above the Retail - Defensive industry median of 1.68. George Weston's overall GF Score™ is 79/100 with 6 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 George Weston (TSX:WN), the current PB Ratio is 9.26 as of Jul. 04, 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 George Weston (TSX:WN) Overvalued in 2026?

Based on GuruFocus' analysis, George Weston stock appears to be overvalued. The current stock price of C$99.64 is trading 18.7% above its estimated GF Value™ of C$83.95. GuruFocus considers George Weston to be Modestly Overvalued.

Key valuation signals for TSX:WN:

  • PB Ratio: 9.26 (239% above median its 10-year median of 2.73)
  • GF Value™: C$83.95 vs. price of C$99.64 (18.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 452.8% above the Retail - Defensive median (#282 of 304)

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


George Weston Business Description

Address 22 St. Clair Avenue East, Suite 800, Toronto, ON, CAN, M4T 2S5
George Weston is a holding company that controls majority stakes in retailer Loblaw and in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 60% stake.
79GF Score

Get the complete analysis for TSX:WN

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

C$99.64
Price
C$83.95
GF Value