Heidelberg Materials AGHDLMY -8.24%78 PB Ratio is 1.59 as of Jun. 29, 2026, which is 66% above its 10-year median of 0.96. GuruFocus rates HDLMY with a GF Score™ of 78/100 and a GF Value™ of $24.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, Heidelberg Materials AG ranks worse than 67.42% on this metric.
The historical rank and industry rank for Heidelberg Materials AG's PB Ratio or its related term are showing as below:
HDLMY'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.96 Max: 2.3
Current: 1.64
During the past 13 years, Heidelberg Materials AG's highest PB Ratio was 2.30. The lowest was 0.39. And the median was 0.96.
HDLMY's PB Ratio is ranked worse than 67.42% of 396
companies
in the Building Materials industry
Industry Median: 1.175
vs HDLMY: 1.64
During the past 12 months, Heidelberg Materials AG's average Book Value Per Share Growth Rate was -2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heidelberg Materials AG was 18.50% per year. The lowest was -11.00% per year. And the median was 5.30% per year.
Back to Basics: PB Ratio
Heidelberg Materials AG (OTCPK:HDLMY) PB Ratio Explanation
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.
* 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 Building Materials subindustry, Heidelberg Materials 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.
Heidelberg Materials AG PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Heidelberg Materials AG'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.
Heidelberg Materials AG (HDLMY) has a PB Ratio of 1.59 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Heidelberg Materials AG and its competitors. This is 66% above median its historical median of 0.96. Over the past decade, Heidelberg Materials AG's PB Ratio has ranged from 0.39 to 2.30. According to the industry distribution chart, Heidelberg Materials AG ranks #267 out of 396 companies in the Building Materials industry, placing it in the top 67.4%.
Is Heidelberg Materials AG's PB Ratio too high?
Heidelberg Materials AG's current PB Ratio of 1.59 is 66% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.30. The Building Materials industry median PB Ratio is 1.18. Heidelberg Materials AG's value of 1.59 is 35.3% above this industry median. Based on the distribution chart, Heidelberg Materials AG ranks #267 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Heidelberg Materials AG has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials AG's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Heidelberg Materials AG ranks #267 out of 396 companies for PB Ratio. This places Heidelberg Materials AG in the lower half of its industry. The industry median PB Ratio is 1.18. Heidelberg Materials AG's value of 1.59 is 35.3% above this benchmark. Historically, Heidelberg Materials AG's own PB Ratio has ranged from 0.39 to 2.30 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.18, Heidelberg Materials AG 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.18, based on 396 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. Heidelberg Materials AG's current PB Ratio of 1.59 is 35.3% 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 Heidelberg Materials AG and its competitors. For the Building Materials industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidelberg Materials AG's current PB Ratio is 1.59, which is 66% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidelberg Materials AG stock overvalued right now?
Based on GuruFocus' analysis, Heidelberg Materials AG (HDLMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.17, compared to a current price of $38.42 — trading 59% above its estimated fair value. The current PB Ratio is 1.59, which is 66% above median its 10-year median of 0.96 and 35.3% above the Building Materials industry median of 1.18. Heidelberg Materials AG's overall GF Score™ is 78/100 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 Heidelberg Materials AG (HDLMY), the current PB Ratio is 1.59 as of Jun. 29, 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 Heidelberg Materials AG (HDLMY) Overvalued in 2026?
Based on GuruFocus' analysis, Heidelberg Materials AG stock appears to be overvalued.
The current stock price of $38.42 is trading 59% above its estimated GF Value™ of $24.17.
GuruFocus considers Heidelberg Materials AG to be Significantly Overvalued.
Key valuation signals for HDLMY:
PB Ratio: 1.59 (66% above median its 10-year median of 0.96)
GF Value™: $24.17 vs. price of $38.42 (59% above fair value)
Industry Position: 35.3% above the Building Materials median (#267 of 396)
No single metric tells the full story. See the HDLMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. Europe is the company's largest market contributing nearly half of group sales. Heidelberg Materials is listed in Germany and has 55,000 employees.
78GF Score
Get the complete analysis for HDLMY
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