Lulu Retail Holdings (ADX:LULU) PB Ratio: 2.56 (As of Jul. 24, 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:LULU Lulu Retail Holdings PLC ADX:LULU
19 GF Score
Price د.إ0.96
! 4 Warning Signs
View Full Analysis

What is Lulu Retail Holdings PB Ratio?

Lulu Retail Holdings ADX:LULU 19 PB Ratio is 2.56 as of Jul. 24, 2026, which is 22% below its 10-year median of 3.29. GuruFocus rates ADX:LULU with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Lulu Retail Holdings ranks worse than 70.09% 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 (2026-07-24), Lulu Retail Holdings's share price is د.إ0.96. Lulu Retail Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was د.إ0.38. Hence, Lulu Retail Holdings's PB Ratio of today is 2.56.

Good Sign:

Lulu Retail Holdings PLC stock PB Ratio (=2.45) is close to 2-year low of 2.45.

The historical rank and industry rank for Lulu Retail Holdings's PB Ratio or its related term are showing as below:

ADX:LULU' s PB Ratio Range Over the Past 10 Years
Min: 2.45   Med: 3.29   Max: 5.69
Current: 2.56

During the past 5 years, Lulu Retail Holdings's highest PB Ratio was 5.69. The lowest was 2.45. And the median was 3.29.

ADX:LULU's PB Ratio is ranked worse than
70.09% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.44 vs ADX:LULU: 2.56

During the past 12 months, Lulu Retail Holdings's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Lulu Retail Holdings was 8.20% per year. The lowest was 6.80% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


Lulu Retail Holdings  (ADX:LULU) 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.


Lulu Retail Holdings PB Ratio Related Terms


Lulu Retail Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Lulu Retail Holdings'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.

Lulu Retail Holdings PB Ratio Chart

Lulu Retail Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 5.38 3.19

Lulu Retail Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 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 3.49 3.42 3.25 3.19 2.62

ADX:LULU vs DDS, M: PB Ratio Comparison

For the Department Stores subindustry, Lulu Retail Holdings'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.


Lulu Retail Holdings PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lulu Retail Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lulu Retail Holdings's PB Ratio falls into.


ADX:LULU
19GF Score
Lulu Retail Holdings PLC ADX:LULU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lulu Retail Holdings 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.

Lulu Retail Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.96/0.375
=2.56

* 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 2.56 mean?
Lulu Retail Holdings (ADX:LULU) has a PB Ratio of 2.56 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lulu Retail Holdings and its competitors. This is 22% below median its historical median of 3.29. Over the past decade, Lulu Retail Holdings' PB Ratio has ranged from 2.45 to 5.69. According to the industry distribution chart, Lulu Retail Holdings ranks #757 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 70.1%.
Is Lulu Retail Holdings' PB Ratio too high?
Lulu Retail Holdings' current PB Ratio of 2.56 is 22% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 5.69. The Retail - Cyclical industry median PB Ratio is 1.44. Lulu Retail Holdings' value of 2.56 is 77.8% above this industry median. Based on the distribution chart, Lulu Retail Holdings ranks #757 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Lulu Retail Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Lulu Retail Holdings' PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Lulu Retail Holdings ranks #757 out of 1080 companies for PB Ratio. This places Lulu Retail Holdings in the lower half of its industry. The industry median PB Ratio is 1.44. Lulu Retail Holdings' value of 2.56 is 77.8% above this benchmark. Historically, Lulu Retail Holdings' own PB Ratio has ranged from 2.45 to 5.69 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.44, Lulu Retail Holdings 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 - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,080 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. Lulu Retail Holdings's current PB Ratio of 2.56 is 77.8% 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 Lulu Retail Holdings and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lulu Retail Holdings's current PB Ratio is 2.56, which is 22% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lulu Retail Holdings stock overvalued right now?
Lulu Retail Holdings (ADX:LULU) has a current PB Ratio of 2.56. The current PB Ratio is 2.56, which is 22% below median its 10-year median of 3.29 and 77.8% above the Retail - Cyclical industry median of 1.44. Lulu Retail Holdings' overall GF Score™ is 19/100 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 Lulu Retail Holdings (ADX:LULU), the current PB Ratio is 2.56 as of Jul. 24, 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.

Lulu Retail Holdings Business Description

Address Abu Dhabi Global Market Square, P.O Box 2405, 24, Al Sila Towers, Al Maryah Island, Abu Dhabi, ARE
Lulu Retail Holdings PLC is a full-line retailer with stores in all GCC countries (pan-GCC retailer) by selling space, with sales (retail sales value), and the number of stores. The Group operates retail stores under the LuLu brand in the UAE, the KSA, Oman, Qatar, Kuwait, Bahrain, and other countries. It has an omnichannel presence in the form of three formats of brick-and-mortar stores catering to various shopping occasions: hypermarkets (one-stop shop), express stores (everyday shopping), and mini markets (grab and go). Additionally, the Group has an e-commerce presence through its website and mobile application, supported by a partnership with Amazon in the UAE. Its reportable segments are: UAE, which generates the maximum revenue, Qatar, KSA, Oman, and Kuwait.
19GF Score

Get the complete analysis for ADX:LULU

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

د.إ0.96
Price