Dr. MartensDRMTY 73 PB Ratio is 1.82 as of Jun. 25, 2026, which is 40% below its 10-year median of 3.01. GuruFocus rates DRMTY with a GF Score™ of 73/100 and a GF Value™ of $1.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Dr. Martens ranks worse than 68.26% 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), Dr. Martens's share price is $1.83. Dr. Martens's Book Value per Share for the quarter that ended in Mar. 2026 was $1.01. Hence, Dr. Martens's PB Ratio of today is 1.82.
The historical rank and industry rank for Dr. Martens's PB Ratio or its related term are showing as below:
DRMTY'
s PB Ratio Range Over the Past 10 Years
Min: 1.29 Med: 3.01 Max: 70.42
Current: 1.85
During the past 9 years, Dr. Martens's highest PB Ratio was 70.42. The lowest was 1.29. And the median was 3.01.
During the past 12 months, Dr. Martens's average Book Value Per Share Growth Rate was -0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.40% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Dr. Martens was 78.50% per year. The lowest was -2.20% per year. And the median was 20.85% 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.
Dr. Martens PB Ratio Related Terms
Dr. Martens PB Ratio Historical Data
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The historical data trend for Dr. Martens'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 Footwear & Accessories subindustry, Dr. Martens'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.
Dr. Martens PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dr. Martens's PB Ratio distribution charts can be found below:
* The bar in red indicates where Dr. Martens'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.
Dr. Martens'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.
Dr. Martens (DRMTY) has a PB Ratio of 1.82 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 Dr. Martens and its competitors. This is 40% below median its historical median of 3.01. Over the past decade, Dr. Martens' PB Ratio has ranged from 1.29 to 70.42. According to the industry distribution chart, Dr. Martens ranks #686 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.3%.
Is Dr. Martens' PB Ratio too high?
Dr. Martens' current PB Ratio of 1.82 is 40% below median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 70.42. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Dr. Martens' value of 1.82 is 67% above this industry median. Based on the distribution chart, Dr. Martens ranks #686 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Dr. Martens has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dr. Martens' PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dr. Martens ranks #686 out of 1005 companies for PB Ratio. This places Dr. Martens in the lower half of its industry. The industry median PB Ratio is 1.09. Dr. Martens' value of 1.82 is 67% above this benchmark. Historically, Dr. Martens' own PB Ratio has ranged from 1.29 to 70.42 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.09, Dr. Martens 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,005 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. Dr. Martens's current PB Ratio of 1.82 is 67% 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 Dr. Martens and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Martens's current PB Ratio is 1.82, which is 40% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Martens stock overvalued right now?
Based on GuruFocus' analysis, Dr. Martens (DRMTY) is currently considered Fairly Valued. The stock's GF Value™ is $1.89, compared to a current price of $1.83 — trading 3.2% below its estimated fair value. The current PB Ratio is 1.82, which is 40% below median its 10-year median of 3.01 and 67% above the Manufacturing - Apparel & Accessories industry median of 1.09. Dr. Martens' overall GF Score™ is 73/100 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 Dr. Martens (DRMTY), the current PB Ratio is 1.82 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 Dr. Martens (DRMTY) Overvalued in 2026?
Based on GuruFocus' analysis, Dr. Martens stock appears to be undervalued.
The current stock price of $1.83 is trading 3.2% below its estimated GF Value™ of $1.89.
GuruFocus considers Dr. Martens to be Fairly Valued.
Key valuation signals for DRMTY:
PB Ratio: 1.82 (40% below median its 10-year median of 3.01)
GF Value™: $1.89 vs. price of $1.83 (3.2% below fair value)
Industry Position: 67% above the Manufacturing - Apparel & Accessories median (#686 of 1005)
No single metric tells the full story. See the DRMTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dr. Martens PLC is engaged in the footwear business. Its product segments include Originals, Fusion, Kids and Casual, and a complementary range of Accessories. The company has sales through E-commerce, Retail, and Wholesale of Products. Geographically, it derives the majority of its revenue from EMEA and has a presence in the Americas and APAC.
73GF Score
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