Wingstop (FRA:WST) PB Ratio: (As of Jun. 25, 2026)


FRA:WST Wingstop Inc FRA:WST
82 GF Score
Price €130.75
GF Value €319.94
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Wingstop PB Ratio?

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), Wingstop's share price is €130.75. Wingstop's Book Value per Share for the quarter that ended in Mar. 2026 was €-25.39. Hence, Wingstop's PB Ratio of today is .

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

FRA:WST's PB Ratio is not ranked *
in the Restaurants industry.
Industry Median: 2.3
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -27.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -21.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -41.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wingstop was -10.60% per year. The lowest was -183.20% per year. And the median was -35.70% per year.

Back to Basics: PB Ratio


Wingstop  (FRA:WST) 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.


Wingstop PB Ratio Related Terms


Wingstop PB Ratio Historical Data

* Premium members only.

The historical data trend for Wingstop'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.

Wingstop PB Ratio Chart

Wingstop 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 0.00 0.00 0.00 0.00 0.00

Wingstop 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 0.00 0.00 0.00 0.00 0.00

FRA:WST vs CAKE, SHAK, EAT: PB Ratio Comparison

For the Restaurants subindustry, Wingstop'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.


Wingstop PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's PB Ratio distribution charts can be found below:

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


FRA:WST
82GF Score
Wingstop Inc FRA:WST
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wingstop 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=130.75/-25.385
=

* 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.

Is Wingstop (FRA:WST) Overvalued in 2026?

Based on GuruFocus' analysis, Wingstop stock appears to be undervalued. The current stock price of €130.75 is trading 59.1% below its estimated GF Value™ of €319.94. GuruFocus considers Wingstop to be Significantly Undervalued.

Key valuation signals for FRA:WST:

  • PB Ratio:
  • GF Value™: €319.94 vs. price of €130.75 (59.1% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Wingstop Business Description

Other Exchanges WING:USAWST:Germany
Address 2801 N Central Expressway, Suite 1600, Dallas, TX, USA, 75204
Wingstop is a fast casual restaurant concept built around a simple chicken-centric menu. The firm primarily offers bone-in and boneless wings, tenders, and a chicken sandwich, customizable across 12 flavors. The banner generated $5.3 billion in system sales in 2025 across 3,056 units, with 85% located in the US. Wingstop largely operates as a franchisor, with 98% of units franchised, and earns revenue largely from collecting royalties and advertising fees paid by franchisees, with a smaller contribution from company-owned restaurant sales.
82GF Score

Get the complete analysis for FRA:WST

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

€130.75
Price
€319.94
GF Value