BHB Brauholding Bayern-Mitte AG (FRA:B9B) PB Ratio: 0.60 (As of Jul. 05, 2026) — 25% Below Median


FRA:B9B BHB Brauholding Bayern-Mitte AG FRA:B9B
68 GF Score
Price €2.02
GF Value €2.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BHB Brauholding Bayern-Mitte AG PB Ratio?

BHB Brauholding Bayern-Mitte AG FRA:B9B 68 PB Ratio is 0.60 as of Jul. 05, 2026, which is 25% below its 10-year median of 0.80. GuruFocus rates FRA:B9B with a GF Score™ of 68/100 and a GF Value™ of €2.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 205 Beverages - Alcoholic companies, BHB Brauholding Bayern-Mitte AG ranks better than 81.46% 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 (2026-07-05), BHB Brauholding Bayern-Mitte AG's share price is €2.02. BHB Brauholding Bayern-Mitte AG's Book Value per Share for the quarter that ended in Dec. 2025 was €3.39. Hence, BHB Brauholding Bayern-Mitte AG's PB Ratio of today is 0.60.

Good Sign:

BHB Brauholding Bayern-Mitte AG stock PB Ratio (=0.6) is close to 10-year low of 0.56.

The historical rank and industry rank for BHB Brauholding Bayern-Mitte AG's PB Ratio or its related term are showing as below:

FRA:B9B' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.8   Max: 1.08
Current: 0.6

During the past 13 years, BHB Brauholding Bayern-Mitte AG's highest PB Ratio was 1.08. The lowest was 0.56. And the median was 0.80.

FRA:B9B's PB Ratio is ranked better than
81.46% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 1.67 vs FRA:B9B: 0.60

During the past 12 months, BHB Brauholding Bayern-Mitte AG's average Book Value Per Share Growth Rate was -1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -27.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BHB Brauholding Bayern-Mitte AG was 415.50% per year. The lowest was -90.00% per year. And the median was 0.45% per year.

Back to Basics: PB Ratio


BHB Brauholding Bayern-Mitte AG  (FRA:B9B) 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.


BHB Brauholding Bayern-Mitte AG PB Ratio Related Terms


BHB Brauholding Bayern-Mitte AG PB Ratio Historical Data

* Premium members only.

The historical data trend for BHB Brauholding Bayern-Mitte AG'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.

BHB Brauholding Bayern-Mitte AG PB Ratio Chart

BHB Brauholding Bayern-Mitte AG 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 0.74 0.66 0.74 0.73 0.68

BHB Brauholding Bayern-Mitte AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.70 0.73 0.72 0.68

FRA:B9B vs BUD, STZ, TAP: PB Ratio Comparison

For the Beverages - Brewers subindustry, BHB Brauholding Bayern-Mitte AG'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.


BHB Brauholding Bayern-Mitte AG PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BHB Brauholding Bayern-Mitte AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where BHB Brauholding Bayern-Mitte AG's PB Ratio falls into.


FRA:B9B
68GF Score
BHB Brauholding Bayern-Mitte AG FRA:B9B
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHB Brauholding Bayern-Mitte AG 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.

BHB Brauholding Bayern-Mitte AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.02/3.387
=0.60

* 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 0.60 mean?
BHB Brauholding Bayern-Mitte AG (FRA:B9B) has a PB Ratio of 0.60 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BHB Brauholding Bayern-Mitte AG and its competitors. This is 25% below median its historical median of 0.80. Over the past decade, BHB Brauholding Bayern-Mitte AG's PB Ratio has ranged from 0.56 to 1.08. According to the industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #38 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 18.5%.
Is BHB Brauholding Bayern-Mitte AG's PB Ratio too high?
BHB Brauholding Bayern-Mitte AG's current PB Ratio of 0.60 is 25% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.08. The Beverages - Alcoholic industry median PB Ratio is 1.67. BHB Brauholding Bayern-Mitte AG's value of 0.60 is 64.1% below this industry median. Based on the distribution chart, BHB Brauholding Bayern-Mitte AG ranks #38 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, BHB Brauholding Bayern-Mitte AG has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BHB Brauholding Bayern-Mitte AG's PB Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #38 out of 205 companies for PB Ratio. This places BHB Brauholding Bayern-Mitte AG in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.67. BHB Brauholding Bayern-Mitte AG's value of 0.60 is 64.1% below this benchmark. Historically, BHB Brauholding Bayern-Mitte AG's own PB Ratio has ranged from 0.56 to 1.08 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.67, BHB Brauholding Bayern-Mitte AG 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.67, 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. BHB Brauholding Bayern-Mitte AG's current PB Ratio of 0.60 is 64.1% 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 BHB Brauholding Bayern-Mitte AG and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHB Brauholding Bayern-Mitte AG's current PB Ratio is 0.60, which is 25% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHB Brauholding Bayern-Mitte AG stock overvalued right now?
Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG (FRA:B9B) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.46, compared to a current price of €2.02 — trading 17.9% below its estimated fair value. The current PB Ratio is 0.60, which is 25% below median its 10-year median of 0.80 and 64.1% below the Beverages - Alcoholic industry median of 1.67. BHB Brauholding Bayern-Mitte AG's overall GF Score™ is 68/100 with 4 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B), the current PB Ratio is 0.60 as of Jul. 05, 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B) Overvalued in 2026?

Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG stock appears to be undervalued. The current stock price of €2.02 is trading 17.9% below its estimated GF Value™ of €2.46. GuruFocus considers BHB Brauholding Bayern-Mitte AG to be Modestly Undervalued.

Key valuation signals for FRA:B9B:

  • PB Ratio: 0.60 (25% below median its 10-year median of 0.80)
  • GF Value™: €2.46 vs. price of €2.02 (17.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 64.1% below the Beverages - Alcoholic median (#38 of 205)

No single metric tells the full story. See the FRA:B9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHB Brauholding Bayern-Mitte AG Business Description

Address Manchinger Strasse 95, Ingolstadt, BY, DEU, 85053
BHB Brauholding Bayern-Mitte AG is a holding company. Along with its subsidiaries, it is mainly engaged in the in-house production and distribution of beers and non-alcoholic beverages, and the trading of beverages from other manufacturers. The group's brand portfolio comprises 10 wheat beers, 29 bottom-fermented beer specialties, and three beer-based mixed drinks. Additionally, it is involved in the operation of restaurants and the associated marketing, and offers a wide variety of mineral waters and non-alcoholic soft drinks.
68GF Score

Get the complete analysis for FRA:B9B

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

€2.02
Price
€2.46
GF Value