Sunbelt Rentals HoldingsASHGY +1.17%49 PB Ratio is 4.08 as of Jun. 25, 2026, which is at its 10-year median of 4.08. GuruFocus rates ASHGY with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 1,049 Business Services companies, Sunbelt Rentals Holdings ranks worse than 82.55% on this metric.
The historical rank and industry rank for Sunbelt Rentals Holdings's PB Ratio or its related term are showing as below:
ASHGY'
s PB Ratio Range Over the Past 10 Years
Min: 3.44 Med: 4.08 Max: 4.8
Current: 4.08
During the past 13 years, Sunbelt Rentals Holdings's highest PB Ratio was 4.80. The lowest was 3.44. And the median was 4.08.
ASHGY's PB Ratio is ranked worse than 82.55% of 1049
companies
in the Business Services industry
Industry Median: 1.61
vs ASHGY: 4.08
During the past 12 months, Sunbelt Rentals Holdings's average Book Value Per Share Growth Rate was 0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sunbelt Rentals Holdings was 34.10% per year. The lowest was -31.20% per year. And the median was 12.50% per year.
Back to Basics: PB Ratio
Sunbelt Rentals Holdings (OTCPK:ASHGY) 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 Rental & Leasing Services subindustry, Sunbelt Rentals 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.
Sunbelt Rentals Holdings PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings'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.
Sunbelt Rentals Holdings (ASHGY) has a PB Ratio of 4.08 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sunbelt Rentals Holdings and its competitors. This is near median its historical median of 4.08. Over the past decade, Sunbelt Rentals Holdings' PB Ratio has ranged from 3.44 to 4.80. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #866 out of 1049 companies in the Business Services industry, placing it in the top 82.6%.
Is Sunbelt Rentals Holdings' PB Ratio too high?
Sunbelt Rentals Holdings' current PB Ratio of 4.08 is near median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 4.80. The Business Services industry median PB Ratio is 1.61. Sunbelt Rentals Holdings' value of 4.08 is 153.4% above this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #866 out of 1049 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Sunbelt Rentals Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' PB Ratio compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #866 out of 1049 companies for PB Ratio. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median PB Ratio is 1.61. Sunbelt Rentals Holdings' value of 4.08 is 153.4% above this benchmark. Historically, Sunbelt Rentals Holdings' own PB Ratio has ranged from 3.44 to 4.80 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 1.61, Sunbelt Rentals 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 Business Services company?
The median PB Ratio among Business Services companies is 1.61, 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. Sunbelt Rentals Holdings's current PB Ratio of 4.08 is 153.4% 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 Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current PB Ratio is 4.08, which is near median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current PB Ratio of 4.08. The current PB Ratio is 4.08, which is near median its 10-year median of 4.08 and 153.4% above the Business Services industry median of 1.61. Sunbelt Rentals Holdings' overall GF Score™ is 49/100 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 Sunbelt Rentals Holdings (ASHGY), the current PB Ratio is 4.08 as of Jun. 25, 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.
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
49GF Score
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