THG (CHIX:THGL) PB Ratio: 1.13 (As of Jul. 12, 2026) — 12% Above Median


CHIX:THGL THG PLC CHIX:THGL
38 GF Score
Price £0.31
GF Value £0.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is THG PB Ratio?

THG CHIX:THGL +4.44% 38 PB Ratio is 1.13 as of Jul. 12, 2026, which is 12% above its 10-year median of 1.01. GuruFocus rates CHIX:THGL with a GF Score™ of 38/100 and a GF Value™ of £0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,076 Retail - Cyclical companies, THG ranks better than 59.67% 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 (2026-07-12), THG's share price is £0.3102. THG's Book Value per Share for the quarter that ended in Dec. 2025 was £0.28. Hence, THG's PB Ratio of today is 1.13.

Good Sign:

THG PLC stock PB Ratio (=1.13) is close to 1-year low of 1.04.

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

CHIX:THGl' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.01   Max: 14.52
Current: 1.13

During the past 9 years, THG's highest PB Ratio was 14.52. The lowest was 0.25. And the median was 1.01.

CHIX:THGl's PB Ratio is ranked better than
59.67% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs CHIX:THGl: 1.13

During the past 12 months, THG's average Book Value Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -35.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -30.50% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of THG was 62.70% per year. The lowest was -44.40% per year. And the median was 9.25% per year.

Back to Basics: PB Ratio


THG  (CHIX:THGl) 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.


THG PB Ratio Related Terms


THG PB Ratio Historical Data

* Premium members only.

The historical data trend for THG'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.

THG PB Ratio Chart

THG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.59 0.43 1.00 1.82 1.68

THG Semi-Annual Data
Dec17 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 1.00 0.84 1.82 1.00 1.68

CHIX:THGL vs AMZN, BABA, PDD: PB Ratio Comparison

For the Internet Retail subindustry, THG'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.


THG PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, THG's PB Ratio distribution charts can be found below:

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


CHIX:THGL
38GF Score
THG PLC CHIX:THGL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THG 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.

THG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.3102/0.275
=1.13

* 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 1.13 mean?
THG (CHIX:THGL) has a PB Ratio of 1.13 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on THG and its competitors. This is 12% above median its historical median of 1.01. Over the past decade, THG's PB Ratio has ranged from 0.25 to 14.52. According to the industry distribution chart, THG ranks #434 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 40.3%.
Is THG's PB Ratio too high?
THG's current PB Ratio of 1.13 is 12% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 14.52. The Retail - Cyclical industry median PB Ratio is 1.47. THG's value of 1.13 is 22.9% below this industry median. Based on the distribution chart, THG ranks #434 out of 1076 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, THG has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does THG's PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, THG ranks #434 out of 1076 companies for PB Ratio. This puts THG in the upper half of its industry. The industry median PB Ratio is 1.47. THG's value of 1.13 is 22.9% below this benchmark. Historically, THG's own PB Ratio has ranged from 0.25 to 14.52 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.47, THG has consistently been below 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 - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. THG's current PB Ratio of 1.13 is 22.9% below 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 THG and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THG's current PB Ratio is 1.13, which is 12% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THG stock overvalued right now?
Based on GuruFocus' analysis, THG (CHIX:THGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.36, compared to a current price of £0.31 — trading 13.8% below its estimated fair value. The current PB Ratio is 1.13, which is 12% above median its 10-year median of 1.01 and 22.9% below the Retail - Cyclical industry median of 1.47. THG's overall GF Score™ is 38/100 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 THG (CHIX:THGL), the current PB Ratio is 1.13 as of Jul. 12, 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 THG (CHIX:THGL) Overvalued in 2026?

Based on GuruFocus' analysis, THG stock appears to be undervalued. The current stock price of £0.31 is trading 13.8% below its estimated GF Value™ of £0.36. GuruFocus considers THG to be Modestly Undervalued.

Key valuation signals for CHIX:THGL:

  • PB Ratio: 1.13 (12% above median its 10-year median of 1.01)
  • GF Value™: £0.36 vs. price of £0.31 (13.8% below fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 22.9% below the Retail - Cyclical median (#434 of 1076)

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


THG Business Description

Other Exchanges THG:UKHG0:Germany
Address Icon 1 7-9, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF
THG PLC is a UK-based retailer and brand owner headquartered in Manchester, operating as a digital-first, vertically integrated consumer group across two core businesses. The Group follows a UK D2C model and is expanding into high-growth international markets and selective physical retail. Its operations comprise two segments: THG Beauty, the segment generating maximum revenue, is a digital-first brand owner, retailer and manufacturer in prestige beauty, with own brands in skincare, haircare and cosmetics and platforms such as Lookfantastic, Dermstore and Cult Beauty, and THG Nutrition, which includes the online sports nutrition brand Myprotein along with Myvegan, Myvitamins, MP Activewear and MPRO, supported by production facilities. The Group generates maximum revenue from the UK.
38GF Score

Get the complete analysis for CHIX:THGL

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

£0.31
Price
£0.36
GF Value