WestBond Enterprises (TSXV:WBE) PB Ratio: 0.93 (As of Jul. 31, 2026) — Near Median

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TSXV:WBE WestBond Enterprises Corp TSXV:WBE
55 GF Score
Price C$0.22
GF Value C$0.19
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is WestBond Enterprises PB Ratio?

WestBond Enterprises TSXV:WBE 55 PB Ratio is 0.93 as of Jul. 31, 2026, which is 6% below its 10-year median of 0.99. GuruFocus rates TSXV:WBE with a GF Score™ of 55/100 and a GF Value™ of C$0.19 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 271 Forest Products companies, WestBond Enterprises ranks worse than 59.04% 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 (2026-07-31), WestBond Enterprises's share price is C$0.215. WestBond Enterprises's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.23. Hence, WestBond Enterprises's PB Ratio of today is 0.93.

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

TSXV:WBE' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.99   Max: 5.06
Current: 0.93

During the past 13 years, WestBond Enterprises's highest PB Ratio was 5.06. The lowest was 0.50. And the median was 0.99.

TSXV:WBE's PB Ratio is ranked worse than
59.04% of 271 companies
in the Forest Products industry
Industry Median: 0.79 vs TSXV:WBE: 0.93

During the past 12 months, WestBond Enterprises's average Book Value Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of WestBond Enterprises was 40.90% per year. The lowest was -21.20% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


WestBond Enterprises  (TSXV:WBE) 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.


WestBond Enterprises PB Ratio Related Terms


WestBond Enterprises PB Ratio Historical Data

* Premium members only.

The historical data trend for WestBond Enterprises'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.

WestBond Enterprises PB Ratio Chart

WestBond Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.05 0.58 0.60 0.91

WestBond Enterprises 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 0.60 0.64 0.74 0.81 0.91

TSXV:WBE vs SLVM: PB Ratio Comparison

For the Paper & Paper Products subindustry, WestBond Enterprises'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.


WestBond Enterprises PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, WestBond Enterprises's PB Ratio distribution charts can be found below:

* The bar in red indicates where WestBond Enterprises's PB Ratio falls into.


TSXV:WBE
55GF Score
WestBond Enterprises Corp TSXV:WBE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WestBond Enterprises 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.

WestBond Enterprises's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.215/0.231
=0.93

* 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 0.93 mean?
WestBond Enterprises (TSXV:WBE) has a PB Ratio of 0.93 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on WestBond Enterprises and its competitors. This is near median its historical median of 0.99. Over the past decade, WestBond Enterprises' PB Ratio has ranged from 0.50 to 5.06. According to the industry distribution chart, WestBond Enterprises ranks #160 out of 271 companies in the Forest Products industry, placing it in the top 59%.
Is WestBond Enterprises' PB Ratio too high?
WestBond Enterprises' current PB Ratio of 0.93 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 5.06. The Forest Products industry median PB Ratio is 0.79. WestBond Enterprises' value of 0.93 is 17.7% above this industry median. Based on the distribution chart, WestBond Enterprises ranks #160 out of 271 companies in the Forest Products industry, which is below the industry midpoint. Overall, WestBond Enterprises has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, WestBond Enterprises ranks #160 out of 271 companies for PB Ratio. This places WestBond Enterprises in the lower half of its industry. The industry median PB Ratio is 0.79. WestBond Enterprises' value of 0.93 is 17.7% above this benchmark. Historically, WestBond Enterprises' own PB Ratio has ranged from 0.50 to 5.06 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.79, WestBond Enterprises 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 271 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. WestBond Enterprises's current PB Ratio of 0.93 is 17.7% 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 WestBond Enterprises and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestBond Enterprises's current PB Ratio is 0.93, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
Based on GuruFocus' analysis, WestBond Enterprises (TSXV:WBE) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$0.22 — trading 13.2% above its estimated fair value. The current PB Ratio is 0.93, which is near median its 10-year median of 0.99 and 17.7% above the Forest Products industry median of 0.79. WestBond Enterprises' overall GF Score™ is 55/100 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 WestBond Enterprises (TSXV:WBE), the current PB Ratio is 0.93 as of Jul. 31, 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 WestBond Enterprises (TSXV:WBE) Overvalued in 2026?

Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued. The current stock price of C$0.22 is trading 13.2% above its estimated GF Value™ of C$0.19. GuruFocus considers WestBond Enterprises to be Modestly Overvalued.

Key valuation signals for TSXV:WBE:

  • PB Ratio: 0.93 (near median its 10-year median of 0.99)
  • GF Value™: C$0.19 vs. price of C$0.22 (13.2% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 17.7% above the Forest Products median (#160 of 271)

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


WestBond Enterprises Business Description

Address 7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
55GF Score

Get the complete analysis for TSXV:WBE

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

C$0.22
Price
C$0.19
GF Value