Hermes InternationalHESAF -1.74%91 PB Ratio is 8.62 as of Jun. 26, 2026, which is 31% below its 10-year median of 12.51. GuruFocus rates HESAF with a GF Score™ of 91/100 and a GF Value™ of $2,947.50 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,077 Retail - Cyclical companies, Hermes International ranks worse than 93.13% on this metric.
Hermes International SA stock PB Ratio (=9.58) is close to 10-year low of 8.77.
The historical rank and industry rank for Hermes International's PB Ratio or its related term are showing as below:
HESAF'
s PB Ratio Range Over the Past 10 Years
Min: 8.67 Med: 12.51 Max: 23.75
Current: 8.73
During the past 13 years, Hermes International's highest PB Ratio was 23.75. The lowest was 8.67. And the median was 12.51.
HESAF's PB Ratio is ranked worse than 93.13% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs HESAF: 8.73
During the past 12 months, Hermes International's average Book Value Per Share Growth Rate was 8.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hermes International was 27.20% per year. The lowest was 5.60% per year. And the median was 13.60% per year.
Back to Basics: PB Ratio
Hermes International (OTCPK:HESAF) 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.
Hermes International PB Ratio Related Terms
Hermes International PB Ratio Historical Data
* Premium members only.
The historical data trend for Hermes International'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 Luxury Goods subindustry, Hermes International'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.
Hermes International PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hermes International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hermes International'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.
Hermes International (HESAF) has a PB Ratio of 8.62 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 Hermes International and its competitors. This is 31% below median its historical median of 12.51. Over the past decade, Hermes International's PB Ratio has ranged from 8.67 to 23.75. According to the industry distribution chart, Hermes International ranks #1003 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 93.1%.
Is Hermes International's PB Ratio too high?
Hermes International's current PB Ratio of 8.62 is 31% below median its 10-year median of 12.51. Over the past 10 years, this metric has ranged from a low of 8.67 to a high of 23.75. The Retail - Cyclical industry median PB Ratio is 1.44. Hermes International's value of 8.62 is 498.6% above this industry median. Based on the distribution chart, Hermes International ranks #1003 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Hermes International has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hermes International's PB Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Hermes International ranks #1003 out of 1077 companies for PB Ratio. This places Hermes International in the lower half of its industry. The industry median PB Ratio is 1.44. Hermes International's value of 8.62 is 498.6% above this benchmark. Historically, Hermes International's own PB Ratio has ranged from 8.67 to 23.75 over the past decade. While the company's 10-year median is 12.51 vs. the industry median of 1.44, Hermes International 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,077 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. Hermes International's current PB Ratio of 8.62 is 498.6% 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 Hermes International and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hermes International's current PB Ratio is 8.62, which is 31% below median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hermes International stock overvalued right now?
Based on GuruFocus' analysis, Hermes International (HESAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2,947.50, compared to a current price of $1,813.09 — trading 38.5% below its estimated fair value. The current PB Ratio is 8.62, which is 31% below median its 10-year median of 12.51 and 498.6% above the Retail - Cyclical industry median of 1.44. Hermes International's overall GF Score™ is 91/100 with 1 warning sign 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 Hermes International (HESAF), the current PB Ratio is 8.62 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 Hermes International (HESAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hermes International stock appears to be undervalued.
The current stock price of $1,813.09 is trading 38.5% below its estimated GF Value™ of $2,947.50.
GuruFocus considers Hermes International to be Significantly Undervalued.
Key valuation signals for HESAF:
PB Ratio: 8.62 (31% below median its 10-year median of 12.51)
GF Value™: $2,947.50 vs. price of $1,813.09 (38.5% below fair value)
Industry Position: 498.6% above the Retail - Cyclical median (#1003 of 1077)
No single metric tells the full story. See the HESAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hermès is over 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for over 40% of revenue; clothes and accessories (28% of sales); silk and textiles (6%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermès has about 300 stores globally.
91GF Score
Get the complete analysis for HESAF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HESAF has been successfully added to your 
