Dutch BrosBROS +2.93%79 PB Ratio is 12.35 as of Jul. 11, 2026, which is 2% below its 10-year median of 12.65. GuruFocus rates BROS with a GF Score™ of 79/100 and a GF Value™ of $52.69 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 325 Restaurants companies, Dutch Bros ranks worse than 93.85% 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 (2026-07-11), Dutch Bros's share price is $67.56. Dutch Bros's Book Value per Share for the quarter that ended in Mar. 2026 was $5.47. Hence, Dutch Bros's PB Ratio of today is 12.35.
The historical rank and industry rank for Dutch Bros's PB Ratio or its related term are showing as below:
BROS'
s PB Ratio Range Over the Past 10 Years
Min: 5.17 Med: 12.65 Max: 40.08
Current: 12.35
During the past 7 years, Dutch Bros's highest PB Ratio was 40.08. The lowest was 5.17. And the median was 12.65.
BROS's PB Ratio is ranked worse than 93.85% of 325
companies
in the Restaurants industry
Industry Median: 2.36
vs BROS: 12.35
During the past 12 months, Dutch Bros's average Book Value Per Share Growth Rate was 14.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Dutch Bros was 40.60% per year. The lowest was 10.10% per year. And the median was 34.45% 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.
Dutch Bros PB Ratio Related Terms
Dutch Bros PB Ratio Historical Data
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The historical data trend for Dutch Bros'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 Restaurants subindustry, Dutch Bros'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.
Dutch Bros PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Dutch Bros's PB Ratio distribution charts can be found below:
* The bar in red indicates where Dutch Bros'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.
Dutch Bros'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.
Dutch Bros (BROS) has a PB Ratio of 12.35 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dutch Bros and its competitors. This is near median its historical median of 12.65. Over the past decade, Dutch Bros' PB Ratio has ranged from 5.17 to 40.08. According to the industry distribution chart, Dutch Bros ranks #305 out of 325 companies in the Restaurants industry, placing it in the top 93.8%.
Is Dutch Bros' PB Ratio too high?
Dutch Bros' current PB Ratio of 12.35 is near median its 10-year median of 12.65. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 40.08. The Restaurants industry median PB Ratio is 2.36. Dutch Bros' value of 12.35 is 423.3% above this industry median. Based on the distribution chart, Dutch Bros ranks #305 out of 325 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Dutch Bros has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dutch Bros' PB Ratio compare to DPZ and CAVA?
According to the Restaurants industry distribution chart, Dutch Bros ranks #305 out of 325 companies for PB Ratio. This places Dutch Bros in the lower half of its industry. The industry median PB Ratio is 2.36. Dutch Bros' value of 12.35 is 423.3% above this benchmark. Historically, Dutch Bros' own PB Ratio has ranged from 5.17 to 40.08 over the past decade. While the company's 10-year median is 12.65 vs. the industry median of 2.36, Dutch Bros 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.36, based on 325 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. Dutch Bros's current PB Ratio of 12.35 is 423.3% 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 Dutch Bros and its competitors. For the Restaurants industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dutch Bros's current PB Ratio is 12.35, which is near median its own 10-year median of 12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dutch Bros stock overvalued right now?
Based on GuruFocus' analysis, Dutch Bros (BROS) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.69, compared to a current price of $67.56 — trading 28.2% above its estimated fair value. The current PB Ratio is 12.35, which is near median its 10-year median of 12.65 and 423.3% above the Restaurants industry median of 2.36. Dutch Bros' overall GF Score™ is 79/100 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 Dutch Bros (BROS), the current PB Ratio is 12.35 as of Jul. 11, 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 Dutch Bros (BROS) Overvalued in 2026?
Based on GuruFocus' analysis, Dutch Bros stock appears to be overvalued.
The current stock price of $67.56 is trading 28.2% above its estimated GF Value™ of $52.69.
GuruFocus considers Dutch Bros to be Modestly Overvalued.
Key valuation signals for BROS:
PB Ratio: 12.35 (near median its 10-year median of 12.65)
GF Value™: $52.69 vs. price of $67.56 (28.2% above fair value)
Industry Position: 423.3% above the Restaurants median (#305 of 325)
No single metric tells the full story. See the BROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dutch Bros Inc is an operator and franchisor of drive-thru coffee shops that are focused on serving hand-crafted beverages. The company's hand-crafted beverage-focused lineup features hot and cold espresso-based beverages, cold brew coffee products, proprietary energy drinks, tea, lemonade, smoothies, and other beverages. The company has two reportable operating segments Company-operated shops and Franchising. It derives maximum revenue from Company-operated shops.
79GF Score
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