Axfood ABAXFOF 90 PB Ratio is 9.20 as of Jun. 25, 2026, which is 7% below its 10-year median of 9.89. GuruFocus rates AXFOF with a GF Score™ of 90/100 and a GF Value™ of $22.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 306 Retail - Defensive companies, Axfood AB ranks worse than 92.48% 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), Axfood AB's share price is $28.00. Axfood AB's Book Value per Share for the quarter that ended in Mar. 2026 was $3.04. Hence, Axfood AB's PB Ratio of today is 9.20.
The historical rank and industry rank for Axfood AB's PB Ratio or its related term are showing as below:
AXFOF'
s PB Ratio Range Over the Past 10 Years
Min: 6.81 Med: 9.89 Max: 16.55
Current: 9.06
During the past 13 years, Axfood AB's highest PB Ratio was 16.55. The lowest was 6.81. And the median was 9.89.
AXFOF's PB Ratio is ranked worse than 92.48% of 306
companies
in the Retail - Defensive industry
Industry Median: 1.655
vs AXFOF: 9.06
During the past 12 months, Axfood AB's average Book Value Per Share Growth Rate was 8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axfood AB was 35.30% per year. The lowest was -6.00% per year. And the median was 7.60% 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.
Axfood AB PB Ratio Related Terms
Axfood AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Axfood AB'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 Grocery Stores subindustry, Axfood AB'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.
Axfood AB PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Axfood AB'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.
Axfood AB'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.
Axfood AB (AXFOF) has a PB Ratio of 9.20 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 Axfood AB and its competitors. This is near median its historical median of 9.89. Over the past decade, Axfood AB's PB Ratio has ranged from 6.81 to 16.55. According to the industry distribution chart, Axfood AB ranks #283 out of 306 companies in the Retail - Defensive industry, placing it in the top 92.5%.
Is Axfood AB's PB Ratio too high?
Axfood AB's current PB Ratio of 9.20 is near median its 10-year median of 9.89. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 16.55. The Retail - Defensive industry median PB Ratio is 1.66. Axfood AB's value of 9.20 is 455.9% above this industry median. Based on the distribution chart, Axfood AB ranks #283 out of 306 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Axfood AB has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #283 out of 306 companies for PB Ratio. This places Axfood AB in the lower half of its industry. The industry median PB Ratio is 1.66. Axfood AB's value of 9.20 is 455.9% above this benchmark. Historically, Axfood AB's own PB Ratio has ranged from 6.81 to 16.55 over the past decade. While the company's 10-year median is 9.89 vs. the industry median of 1.66, Axfood AB 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 - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.66, based on 306 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. Axfood AB's current PB Ratio of 9.20 is 455.9% 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 Axfood AB and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current PB Ratio is 9.20, which is near median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (AXFOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.40, compared to a current price of $28.00 — trading 25% above its estimated fair value. The current PB Ratio is 9.20, which is near median its 10-year median of 9.89 and 455.9% above the Retail - Defensive industry median of 1.66. Axfood AB's overall GF Score™ is 90/100 with 5 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 Axfood AB (AXFOF), the current PB Ratio is 9.20 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 Axfood AB (AXFOF) Overvalued in 2026?
Based on GuruFocus' analysis, Axfood AB stock appears to be overvalued.
The current stock price of $28.00 is trading 25% above its estimated GF Value™ of $22.40.
GuruFocus considers Axfood AB to be Modestly Overvalued.
Key valuation signals for AXFOF:
PB Ratio: 9.20 (near median its 10-year median of 9.89)
GF Value™: $22.40 vs. price of $28.00 (25% above fair value)
Industry Position: 455.9% above the Retail - Defensive median (#283 of 306)
No single metric tells the full story. See the AXFOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
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