Gildan ActivewearFRA:VGA +1.79%88 PB Ratio is 2.85 as of Jun. 24, 2026, which is 12% below its 10-year median of 3.23. GuruFocus rates FRA:VGA with a GF Score™ of 88/100 and a GF Value™ of €54.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks worse than 81.99% on this metric.
During the past 12 months, Gildan Activewear's average Book Value Per Share Growth Rate was 89.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gildan Activewear was 130.50% per year. The lowest was -5.60% per year. And the median was 17.80% 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.
Gildan Activewear PB Ratio Related Terms
Gildan Activewear PB Ratio Historical Data
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The historical data trend for Gildan Activewear'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 Apparel Manufacturing subindustry, Gildan Activewear'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.
Gildan Activewear PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gildan Activewear'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.
Gildan Activewear (FRA:VGA) has a PB Ratio of 2.85 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 Gildan Activewear and its competitors. This is 12% below median its historical median of 3.23. Over the past decade, Gildan Activewear's PB Ratio has ranged from 1.21 to 6.33. According to the industry distribution chart, Gildan Activewear ranks #824 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82%.
Is Gildan Activewear's PB Ratio too high?
Gildan Activewear's current PB Ratio of 2.85 is 12% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 6.33. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Gildan Activewear's value of 2.85 is 163.9% above this industry median. Based on the distribution chart, Gildan Activewear ranks #824 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gildan Activewear has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #824 out of 1005 companies for PB Ratio. This places Gildan Activewear in the lower half of its industry. The industry median PB Ratio is 1.08. Gildan Activewear's value of 2.85 is 163.9% above this benchmark. Historically, Gildan Activewear's own PB Ratio has ranged from 1.21 to 6.33 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.08, Gildan Activewear 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 1.08, 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. Gildan Activewear's current PB Ratio of 2.85 is 163.9% 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 Gildan Activewear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current PB Ratio is 2.85, which is 12% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (FRA:VGA) is currently considered Modestly Undervalued. The stock's GF Value™ is €54.03, compared to a current price of €45.40 — trading 16% below its estimated fair value. The current PB Ratio is 2.85, which is 12% below median its 10-year median of 3.23 and 163.9% above the Manufacturing - Apparel & Accessories industry median of 1.08. Gildan Activewear's overall GF Score™ is 88/100 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 Gildan Activewear (FRA:VGA), the current PB Ratio is 2.85 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 Gildan Activewear (FRA:VGA) Overvalued in 2026?
Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued.
The current stock price of €45.40 is trading 16% below its estimated GF Value™ of €54.03.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for FRA:VGA:
PB Ratio: 2.85 (12% below median its 10-year median of 3.23)
GF Value™: €54.03 vs. price of €45.40 (16% below fair value)
Industry Position: 163.9% above the Manufacturing - Apparel & Accessories median (#824 of 1005)
No single metric tells the full story. See the FRA:VGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score
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