Where Food Comes FromWFCF +6.18%78 PB Ratio is 8.56 as of Jul. 03, 2026, which is 41% above its 10-year median of 6.05. GuruFocus rates WFCF with a GF Score™ of 78/100 and a GF Value™ of $12.43 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,049 Business Services companies, Where Food Comes From ranks worse than 94.57% on this metric.
Where Food Comes From Inc stock PB Ratio (=8.56) is close to 10-year high of 9.18.
The historical rank and industry rank for Where Food Comes From's PB Ratio or its related term are showing as below:
WFCF'
s PB Ratio Range Over the Past 10 Years
Min: 3.04 Med: 6.05 Max: 9.18
Current: 8.56
During the past 13 years, Where Food Comes From's highest PB Ratio was 9.18. The lowest was 3.04. And the median was 6.05.
WFCF's PB Ratio is ranked worse than 94.57% of 1049
companies
in the Business Services industry
Industry Median: 1.64
vs WFCF: 8.56
During the past 12 months, Where Food Comes From's average Book Value Per Share Growth Rate was -0.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Where Food Comes From was 294.00% per year. The lowest was -82.30% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
Where Food Comes From (NAS:WFCF) PB Ratio Explanation
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.
* 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, Where Food Comes From'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.
Where Food Comes From PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Where Food Comes From's PB Ratio distribution charts can be found below:
* The bar in red indicates where Where Food Comes From'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.
Where Food Comes From (WFCF) has a PB Ratio of 8.56 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Where Food Comes From and its competitors. This is 41% above median its historical median of 6.05. Over the past decade, Where Food Comes From's PB Ratio has ranged from 3.04 to 9.18. According to the industry distribution chart, Where Food Comes From ranks #992 out of 1049 companies in the Business Services industry, placing it in the top 94.6%.
Is Where Food Comes From's PB Ratio too high?
Where Food Comes From's current PB Ratio of 8.56 is 41% above median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 9.18. The Business Services industry median PB Ratio is 1.64. Where Food Comes From's value of 8.56 is 422% above this industry median. Based on the distribution chart, Where Food Comes From ranks #992 out of 1049 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Where Food Comes From has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's PB Ratio compare to ANPA and DLHC?
According to the Business Services industry distribution chart, Where Food Comes From ranks #992 out of 1049 companies for PB Ratio. This places Where Food Comes From in the lower half of its industry. The industry median PB Ratio is 1.64. Where Food Comes From's value of 8.56 is 422% above this benchmark. Historically, Where Food Comes From's own PB Ratio has ranged from 3.04 to 9.18 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 1.64, Where Food Comes From 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 1.64, based on 1,049 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. Where Food Comes From's current PB Ratio of 8.56 is 422% 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 Where Food Comes From and its competitors. For the Business Services industry, the median PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Where Food Comes From's current PB Ratio is 8.56, which is 41% above median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Where Food Comes From stock overvalued right now?
Based on GuruFocus' analysis, Where Food Comes From (WFCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.43, compared to a current price of $15.62 — trading 25.7% above its estimated fair value. The current PB Ratio is 8.56, which is 41% above median its 10-year median of 6.05 and 422% above the Business Services industry median of 1.64. Where Food Comes From's overall GF Score™ is 78/100 with 7 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 Where Food Comes From (WFCF), the current PB Ratio is 8.56 as of Jul. 03, 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 Where Food Comes From (WFCF) Overvalued in 2026?
Based on GuruFocus' analysis, Where Food Comes From stock appears to be overvalued.
The current stock price of $15.62 is trading 25.7% above its estimated GF Value™ of $12.43.
GuruFocus considers Where Food Comes From to be Modestly Overvalued.
Key valuation signals for WFCF:
PB Ratio: 8.56 (41% above median its 10-year median of 6.05)
GF Value™: $12.43 vs. price of $15.62 (25.7% above fair value)
Industry Position: 422% above the Business Services median (#992 of 1049)
No single metric tells the full story. See the WFCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
78GF Score
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