EME (EMCOR Group) PB Ratio: 9.74 (As of Jun. 24, 2026) — 237% Above Median


EME EMCOR Group Inc EME
91 GF Score
Price $847.17
GF Value $559.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is EMCOR Group PB Ratio?

EMCOR Group EME +1.02% 91 PB Ratio is 9.74 as of Jun. 24, 2026, which is 237% above its 10-year median of 2.89. GuruFocus rates EME with a GF Score™ of 91/100 and a GF Value™ of $559.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,722 Construction companies, EMCOR Group ranks worse than 94.72% 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 (2026-06-24), EMCOR Group's share price is $847.17. EMCOR Group's Book Value per Share for the quarter that ended in Mar. 2026 was $87.01. Hence, EMCOR Group's PB Ratio of today is 9.74.

Warning Sign:

EMCOR Group Inc stock PB Ratio (=9.64) is close to 10-year high of 10.59.

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

EME' s PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.89   Max: 10.59
Current: 9.74

During the past 13 years, EMCOR Group's highest PB Ratio was 10.59. The lowest was 1.36. And the median was 2.89.

EME's PB Ratio is ranked worse than
94.72% of 1722 companies
in the Construction industry
Industry Median: 1.31 vs EME: 9.74

During the past 12 months, EMCOR Group's average Book Value Per Share Growth Rate was 33.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of EMCOR Group was 32.70% per year. The lowest was 3.00% per year. And the median was 9.60% per year.

Back to Basics: PB Ratio


EMCOR Group  (NYSE:EME) 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.


EMCOR Group PB Ratio Related Terms


EMCOR Group PB Ratio Historical Data

* Premium members only.

The historical data trend for EMCOR Group'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.

EMCOR Group PB Ratio Chart

EMCOR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 3.58 4.10 7.08 7.41

EMCOR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.68 7.85 8.72 7.41 8.49

EME vs MTZ, STRL, APG: PB Ratio Comparison

For the Engineering & Construction subindustry, EMCOR Group'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.


EMCOR Group PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, EMCOR Group's PB Ratio distribution charts can be found below:

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


EME
91GF Score
EMCOR Group Inc EME
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EMCOR Group 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.

EMCOR Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=847.17/87.006
=9.74

* 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 9.74 mean?
EMCOR Group (EME) has a PB Ratio of 9.74 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on EMCOR Group and its competitors. This is 237% above median its historical median of 2.89. Over the past decade, EMCOR Group's PB Ratio has ranged from 1.36 to 10.59. According to the industry distribution chart, EMCOR Group ranks #1631 out of 1722 companies in the Construction industry, placing it in the top 94.7%.
Is EMCOR Group's PB Ratio too high?
EMCOR Group's current PB Ratio of 9.74 is 237% above median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 10.59. The Construction industry median PB Ratio is 1.31. EMCOR Group's value of 9.74 is 643.5% above this industry median. Based on the distribution chart, EMCOR Group ranks #1631 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, EMCOR Group has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EMCOR Group's PB Ratio compare to MTZ and STRL?
According to the Construction industry distribution chart, EMCOR Group ranks #1631 out of 1722 companies for PB Ratio. This places EMCOR Group in the lower half of its industry. The industry median PB Ratio is 1.31. EMCOR Group's value of 9.74 is 643.5% above this benchmark. Historically, EMCOR Group's own PB Ratio has ranged from 1.36 to 10.59 over the past decade. While the company's 10-year median is 2.89 vs. the industry median of 1.31, EMCOR Group 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 Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. EMCOR Group's current PB Ratio of 9.74 is 643.5% 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 EMCOR Group and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EMCOR Group's current PB Ratio is 9.74, which is 237% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EMCOR Group stock overvalued right now?
Based on GuruFocus' analysis, EMCOR Group (EME) is currently considered Significantly Overvalued. The stock's GF Value™ is $559.38, compared to a current price of $847.17 — trading 51.4% above its estimated fair value. The current PB Ratio is 9.74, which is 237% above median its 10-year median of 2.89 and 643.5% above the Construction industry median of 1.31. EMCOR Group's overall GF Score™ is 91/100 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 EMCOR Group (EME), the current PB Ratio is 9.74 as of Jun. 24, 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 EMCOR Group (EME) Overvalued in 2026?

Based on GuruFocus' analysis, EMCOR Group stock appears to be overvalued. The current stock price of $847.17 is trading 51.4% above its estimated GF Value™ of $559.38. GuruFocus considers EMCOR Group to be Significantly Overvalued.

Key valuation signals for EME:

  • PB Ratio: 9.74 (237% above median its 10-year median of 2.89)
  • GF Value™: $559.38 vs. price of $847.17 (51.4% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 643.5% above the Construction median (#1631 of 1722)

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


EMCOR Group Business Description

Address 301 Merritt Seven, Norwalk, CT, USA, 06851-1092
EMCOR Group Inc is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Its services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. The company's operating subsidiaries are organized into reportable segments: United States mechanical construction and facilities services, which derives key revenue; United States electrical construction and facilities services; United States building services; United States industrial services; and United Kingdom building services. Geographically, its key revenue is derived from the United States.
91GF Score

Get the complete analysis for EME

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

$847.17
Price
$559.38
GF Value