NRW HoldingsASX:NWH +0.69%76 PB Ratio is 5.19 as of Jun. 25, 2026, which is 150% above its 10-year median of 2.08. GuruFocus rates ASX:NWH with a GF Score™ of 76/100 and a GF Value™ of A$4.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 544 Conglomerates companies, NRW Holdings ranks worse than 91.91% 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), NRW Holdings's share price is A$7.25. NRW Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was A$1.40. Hence, NRW Holdings's PB Ratio of today is 5.19.
The historical rank and industry rank for NRW Holdings's PB Ratio or its related term are showing as below:
ASX:NWH'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 2.08 Max: 5.72
Current: 5.19
During the past 13 years, NRW Holdings's highest PB Ratio was 5.72. The lowest was 0.41. And the median was 2.08.
ASX:NWH's PB Ratio is ranked worse than 91.91% of 544
companies
in the Conglomerates industry
Industry Median: 1.045
vs ASX:NWH: 5.19
During the past 12 months, NRW Holdings's average Book Value Per Share Growth Rate was -4.20% 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 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NRW Holdings was 27.70% per year. The lowest was -26.90% per year. And the median was 13.00% per year.
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.
NRW Holdings PB Ratio Related Terms
NRW Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for NRW 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.
For the Conglomerates subindustry, NRW 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.
NRW Holdings PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, NRW Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where NRW 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.
NRW Holdings's PB Ratio for today is calculated as follows:
* 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.
NRW Holdings (ASX:NWH) has a PB Ratio of 5.19 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 NRW Holdings and its competitors. This is 150% above median its historical median of 2.08. Over the past decade, NRW Holdings' PB Ratio has ranged from 0.41 to 5.72. According to the industry distribution chart, NRW Holdings ranks #500 out of 544 companies in the Conglomerates industry, placing it in the top 91.9%.
Is NRW Holdings' PB Ratio too high?
NRW Holdings' current PB Ratio of 5.19 is 150% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 5.72. The Conglomerates industry median PB Ratio is 1.05. NRW Holdings' value of 5.19 is 396.7% above this industry median. Based on the distribution chart, NRW Holdings ranks #500 out of 544 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, NRW Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, NRW Holdings ranks #500 out of 544 companies for PB Ratio. This places NRW Holdings in the lower half of its industry. The industry median PB Ratio is 1.05. NRW Holdings' value of 5.19 is 396.7% above this benchmark. Historically, NRW Holdings' own PB Ratio has ranged from 0.41 to 5.72 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.05, NRW 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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. NRW Holdings's current PB Ratio of 5.19 is 396.7% 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 NRW Holdings and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRW Holdings's current PB Ratio is 5.19, which is 150% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.40, compared to a current price of A$7.25 — trading 64.8% above its estimated fair value. The current PB Ratio is 5.19, which is 150% above median its 10-year median of 2.08 and 396.7% above the Conglomerates industry median of 1.05. NRW Holdings' overall GF Score™ is 76/100 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 NRW Holdings (ASX:NWH), the current PB Ratio is 5.19 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 NRW Holdings (ASX:NWH) Overvalued in 2026?
Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued.
The current stock price of A$7.25 is trading 64.8% above its estimated GF Value™ of A$4.40.
GuruFocus considers NRW Holdings to be Significantly Overvalued.
Key valuation signals for ASX:NWH:
PB Ratio: 5.19 (150% above median its 10-year median of 2.08)
GF Value™: A$4.40 vs. price of A$7.25 (64.8% above fair value)
Industry Position: 396.7% above the Conglomerates median (#500 of 544)
No single metric tells the full story. See the ASX:NWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
76GF Score
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