GWA Group (ASX:GWA) PB Ratio: 1.99 (As of Jun. 25, 2026) — 11% Below Median


ASX:GWA GWA Group Ltd ASX:GWA
76 GF Score
Price A$2.23
GF Value A$2.45
Valuation Fairly Valued
! 3 Warning Signs
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What is GWA Group PB Ratio?

GWA Group ASX:GWA -1.33% 76 PB Ratio is 1.99 as of Jun. 25, 2026, which is 11% below its 10-year median of 2.24. GuruFocus rates ASX:GWA with a GF Score™ of 76/100 and a GF Value™ of A$2.45 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,722 Construction companies, GWA Group ranks worse than 64.63% 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 (2026-06-25), GWA Group's share price is A$2.23. GWA Group's Book Value per Share for the quarter that ended in Dec. 2025 was A$1.12. Hence, GWA Group's PB Ratio of today is 1.99.

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

ASX:GWA' s PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.24   Max: 3.58
Current: 1.99

During the past 13 years, GWA Group's highest PB Ratio was 3.58. The lowest was 1.42. And the median was 2.24.

ASX:GWA's PB Ratio is ranked worse than
64.63% of 1722 companies
in the Construction industry
Industry Median: 1.32 vs ASX:GWA: 1.99

During the past 12 months, GWA Group's average Book Value Per Share Growth Rate was -2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GWA Group was 8.30% per year. The lowest was -11.40% per year. And the median was -0.50% per year.

Back to Basics: PB Ratio


GWA Group  (ASX:GWA) 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.


GWA Group PB Ratio Related Terms


GWA Group PB Ratio Historical Data

* Premium members only.

The historical data trend for GWA Group'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.

GWA Group PB Ratio Chart

GWA Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 1.71 1.52 2.09 2.10

GWA Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.94 2.09 2.10 2.10 2.27

ASX:GWA vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, GWA Group'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.


GWA Group PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, GWA Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where GWA Group's PB Ratio falls into.


ASX:GWA
76GF Score
GWA Group Ltd ASX:GWA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GWA Group 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.

GWA Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.23/1.119
=1.99

* 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 1.99 mean?
GWA Group (ASX:GWA) has a PB Ratio of 1.99 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 GWA Group and its competitors. This is 11% below median its historical median of 2.24. Over the past decade, GWA Group's PB Ratio has ranged from 1.42 to 3.58. According to the industry distribution chart, GWA Group ranks #1113 out of 1722 companies in the Construction industry, placing it in the top 64.6%.
Is GWA Group's PB Ratio too high?
GWA Group's current PB Ratio of 1.99 is 11% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 3.58. The Construction industry median PB Ratio is 1.32. GWA Group's value of 1.99 is 50.8% above this industry median. Based on the distribution chart, GWA Group ranks #1113 out of 1722 companies in the Construction industry, which is below the industry midpoint. Overall, GWA Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GWA Group's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, GWA Group ranks #1113 out of 1722 companies for PB Ratio. This places GWA Group in the lower half of its industry. The industry median PB Ratio is 1.32. GWA Group's value of 1.99 is 50.8% above this benchmark. Historically, GWA Group's own PB Ratio has ranged from 1.42 to 3.58 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.32, GWA Group 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. GWA Group's current PB Ratio of 1.99 is 50.8% 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 GWA Group and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GWA Group's current PB Ratio is 1.99, which is 11% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GWA Group stock overvalued right now?
Based on GuruFocus' analysis, GWA Group (ASX:GWA) is currently considered Fairly Valued. The stock's GF Value™ is A$2.45, compared to a current price of A$2.23 — trading 9% below its estimated fair value. The current PB Ratio is 1.99, which is 11% below median its 10-year median of 2.24 and 50.8% above the Construction industry median of 1.32. GWA Group's overall GF Score™ is 76/100 with 3 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 GWA Group (ASX:GWA), the current PB Ratio is 1.99 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.

Is GWA Group (ASX:GWA) Overvalued in 2026?

Based on GuruFocus' analysis, GWA Group stock appears to be undervalued. The current stock price of A$2.23 is trading 9% below its estimated GF Value™ of A$2.45. GuruFocus considers GWA Group to be Fairly Valued.

Key valuation signals for ASX:GWA:

  • PB Ratio: 1.99 (11% below median its 10-year median of 2.24)
  • GF Value™: A$2.45 vs. price of A$2.23 (9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 50.8% above the Construction median (#1113 of 1722)

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


GWA Group Business Description

Address 100 Mount Street, Level 24, North Sydney, Sydney, NSW, AUS, 2060
GWA Group Ltd is an Australian designer of sanitary ware and bathroom fittings that has undergone a divestment program to focus solely on the front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying a long history and high brand awareness in the Australian market. The company has one reportable segment, Water Solutions. This segment includes the sale of vitreous china toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products, and bathroom accessories.
76GF Score

Get the complete analysis for ASX:GWA

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

A$2.23
Price
A$2.45
GF Value