Western DigitalHAM:WDC 60 PB Ratio is 2.15 as of Jun. 26, 2026, which is 63% above its 10-year median of 1.32. GuruFocus rates HAM:WDC with a GF Score™ of 60/100 and a GF Value™ of €6.66. The stock has 6 warning signs investors should review. Among 2,413 Hardware companies, Western Digital ranks worse than 97.1% 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 (2026-06-26), Western Digital's share price is €52.1445. Western Digital's Book Value per Share for the quarter that ended in Mar. 2026 was €24.27. Hence, Western Digital's PB Ratio of today is 2.15.
Warning Sign:
Western Digital Corp stock PB Ratio (=24.07) is close to 10-year high of 26.6.
The historical rank and industry rank for Western Digital's PB Ratio or its related term are showing as below:
HAM:WDC'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.32 Max: 26.6
Current: 24.07
During the past 13 years, Western Digital's highest PB Ratio was 26.60. The lowest was 0.61. And the median was 1.32.
HAM:WDC's PB Ratio is ranked worse than 97.1% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs HAM:WDC: 24.07
During the past 12 months, Western Digital's average Book Value Per Share Growth Rate was 89.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -26.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Digital was 301.80% per year. The lowest was -78.50% per year. And the median was 8.70% 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.
Western Digital PB Ratio Related Terms
Western Digital PB Ratio Historical Data
* Premium members only.
The historical data trend for Western Digital'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 Computer Hardware subindustry, Western Digital'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.
Western Digital PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Western Digital's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Digital'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.
Western Digital'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.
Western Digital (HAM:WDC) has a PB Ratio of 2.15 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Western Digital and its competitors. This is 63% above median its historical median of 1.32. Over the past decade, Western Digital's PB Ratio has ranged from 0.61 to 26.60. According to the industry distribution chart, Western Digital ranks #2343 out of 2413 companies in the Hardware industry, placing it in the top 97.1%.
Is Western Digital's PB Ratio too high?
Western Digital's current PB Ratio of 2.15 is 63% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 26.60. The Hardware industry median PB Ratio is 2.40. Western Digital's value of 2.15 is 10.4% below this industry median. Based on the distribution chart, Western Digital ranks #2343 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Western Digital has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Western Digital's PB Ratio compare to STX and ANET?
According to the Hardware industry distribution chart, Western Digital ranks #2343 out of 2413 companies for PB Ratio. This places Western Digital in the lower half of its industry. The industry median PB Ratio is 2.40. Western Digital's value of 2.15 is 10.4% below this benchmark. Historically, Western Digital's own PB Ratio has ranged from 0.61 to 26.60 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 2.40, Western Digital 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 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. Western Digital's current PB Ratio of 2.15 is 10.4% 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 Western Digital and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current PB Ratio is 2.15, which is 63% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Western Digital (HAM:WDC) has a current PB Ratio of 2.15. The stock's GF Value™ is €6.66, compared to a current price of €52.14 — trading 683% above its estimated fair value. The current PB Ratio is 2.15, which is 63% above median its 10-year median of 1.32 and 10.4% below the Hardware industry median of 2.40. Western Digital's overall GF Score™ is 60/100 with 6 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 Western Digital (HAM:WDC), the current PB Ratio is 2.15 as of Jun. 26, 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 Western Digital (HAM:WDC) Overvalued in 2026?
Based on GuruFocus' analysis, Western Digital stock appears to be overvalued.
The current stock price of €52.14 is trading 683% above its estimated GF Value™ of €6.66.
Key valuation signals for HAM:WDC:
PB Ratio: 2.15 (63% above median its 10-year median of 1.32)
GF Value™: €6.66 vs. price of €52.14 (683% above fair value)
Industry Position: 10.4% below the Hardware median (#2343 of 2413)
No single metric tells the full story. See the HAM:WDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
60GF Score
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