Anheuser-Busch InBev/NVBUDFF +5.08%81 PB Ratio is 1.88 as of Jun. 25, 2026, which is 5% above its 10-year median of 1.79. GuruFocus rates BUDFF with a GF Score™ of 81/100 and a GF Value™ of $60.93 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks worse than 59.02% on this metric.
Anheuser-Busch InBev SA/NV stock PB Ratio (=1.95) is close to 5-year high of 2.1.
The historical rank and industry rank for Anheuser-Busch InBev/NV's PB Ratio or its related term are showing as below:
BUDFF'
s PB Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.79 Max: 6.3
Current: 2.05
During the past 13 years, Anheuser-Busch InBev/NV's highest PB Ratio was 6.30. The lowest was 1.11. And the median was 1.79.
BUDFF's PB Ratio is ranked worse than 59.02% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.69
vs BUDFF: 2.05
During the past 12 months, Anheuser-Busch InBev/NV's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Anheuser-Busch InBev/NV was 28.00% per year. The lowest was -3.70% per year. And the median was 7.20% per year.
Back to Basics: PB Ratio
Anheuser-Busch InBev/NV (OTCPK:BUDFF) 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 Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.
Anheuser-Busch InBev/NV PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's PB Ratio distribution charts can be found below:
* The bar in red indicates where Anheuser-Busch InBev/NV'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.
Anheuser-Busch InBev/NV (BUDFF) has a PB Ratio of 1.88 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 Anheuser-Busch InBev/NV and its competitors. This is near median its historical median of 1.79. Over the past decade, Anheuser-Busch InBev/NV's PB Ratio has ranged from 1.11 to 6.30. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #121 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 59%.
Is Anheuser-Busch InBev/NV's PB Ratio too high?
Anheuser-Busch InBev/NV's current PB Ratio of 1.88 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 6.30. The Beverages - Alcoholic industry median PB Ratio is 1.69. Anheuser-Busch InBev/NV's value of 1.88 is 11.2% above this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #121 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's PB Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #121 out of 205 companies for PB Ratio. This places Anheuser-Busch InBev/NV in the lower half of its industry. The industry median PB Ratio is 1.69. Anheuser-Busch InBev/NV's value of 1.88 is 11.2% above this benchmark. Historically, Anheuser-Busch InBev/NV's own PB Ratio has ranged from 1.11 to 6.30 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.69, Anheuser-Busch InBev/NV 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.69, based on 205 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. Anheuser-Busch InBev/NV's current PB Ratio of 1.88 is 11.2% 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 Anheuser-Busch InBev/NV and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current PB Ratio is 1.88, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anheuser-Busch InBev/NV stock overvalued right now?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV (BUDFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $60.93, compared to a current price of $84.00 — trading 37.9% above its estimated fair value. The current PB Ratio is 1.88, which is near median its 10-year median of 1.79 and 11.2% above the Beverages - Alcoholic industry median of 1.69. Anheuser-Busch InBev/NV's overall GF Score™ is 81/100 with 7 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 Anheuser-Busch InBev/NV (BUDFF), the current PB Ratio is 1.88 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 Anheuser-Busch InBev/NV (BUDFF) Overvalued in 2026?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued.
The current stock price of $84.00 is trading 37.9% above its estimated GF Value™ of $60.93.
GuruFocus considers Anheuser-Busch InBev/NV to be Significantly Overvalued.
Key valuation signals for BUDFF:
PB Ratio: 1.88 (near median its 10-year median of 1.79)
GF Value™: $60.93 vs. price of $84.00 (37.9% above fair value)
Industry Position: 11.2% above the Beverages - Alcoholic median (#121 of 205)
No single metric tells the full story. See the BUDFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.
81GF Score
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