Limbach HoldingsLMB -1.53%80 PB Ratio is 4.87 as of Jun. 24, 2026, which is 156% above its 10-year median of 1.90. GuruFocus rates LMB with a GF Score™ of 80/100 and a GF Value™ of $85.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,722 Construction companies, Limbach Holdings ranks worse than 87.34% 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 (2026-06-24), Limbach Holdings's share price is $80.28. Limbach Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $16.47. Hence, Limbach Holdings's PB Ratio of today is 4.87.
The historical rank and industry rank for Limbach Holdings's PB Ratio or its related term are showing as below:
LMB'
s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.9 Max: 10.19
Current: 4.87
During the past 12 years, Limbach Holdings's highest PB Ratio was 10.19. The lowest was 0.44. And the median was 1.90.
LMB's PB Ratio is ranked worse than 87.34% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs LMB: 4.87
During the past 12 months, Limbach Holdings's average Book Value Per Share Growth Rate was 18.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.10% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Limbach Holdings was 64.20% per year. The lowest was -6.20% per year. And the median was 15.00% 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.
Limbach Holdings PB Ratio Related Terms
Limbach Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Limbach Holdings'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 Building Products & Equipment subindustry, Limbach Holdings'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.
Limbach Holdings PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Limbach Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Limbach Holdings'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.
Limbach Holdings (LMB) has a PB Ratio of 4.87 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 Limbach Holdings and its competitors. This is 156% above median its historical median of 1.90. Over the past decade, Limbach Holdings' PB Ratio has ranged from 0.44 to 10.19. According to the industry distribution chart, Limbach Holdings ranks #1504 out of 1722 companies in the Construction industry, placing it in the top 87.3%.
Is Limbach Holdings' PB Ratio too high?
Limbach Holdings' current PB Ratio of 4.87 is 156% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 10.19. The Construction industry median PB Ratio is 1.31. Limbach Holdings' value of 4.87 is 271.8% above this industry median. Based on the distribution chart, Limbach Holdings ranks #1504 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Limbach Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limbach Holdings' PB Ratio compare to NX and APOG?
According to the Construction industry distribution chart, Limbach Holdings ranks #1504 out of 1722 companies for PB Ratio. This places Limbach Holdings in the lower half of its industry. The industry median PB Ratio is 1.31. Limbach Holdings' value of 4.87 is 271.8% above this benchmark. Historically, Limbach Holdings' own PB Ratio has ranged from 0.44 to 10.19 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.31, Limbach Holdings 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 Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. Limbach Holdings's current PB Ratio of 4.87 is 271.8% 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 Limbach Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limbach Holdings's current PB Ratio is 4.87, which is 156% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limbach Holdings stock overvalued right now?
Based on GuruFocus' analysis, Limbach Holdings (LMB) is currently considered Fairly Valued. The stock's GF Value™ is $85.79, compared to a current price of $80.28 — trading 6.4% below its estimated fair value. The current PB Ratio is 4.87, which is 156% above median its 10-year median of 1.90 and 271.8% above the Construction industry median of 1.31. Limbach Holdings' overall GF Score™ is 80/100 with 3 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 Limbach Holdings (LMB), the current PB Ratio is 4.87 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 Limbach Holdings (LMB) Overvalued in 2026?
Based on GuruFocus' analysis, Limbach Holdings stock appears to be undervalued.
The current stock price of $80.28 is trading 6.4% below its estimated GF Value™ of $85.79.
GuruFocus considers Limbach Holdings to be Fairly Valued.
Key valuation signals for LMB:
PB Ratio: 4.87 (156% above median its 10-year median of 1.90)
GF Value™: $85.79 vs. price of $80.28 (6.4% below fair value)
Industry Position: 271.8% above the Construction median (#1504 of 1722)
No single metric tells the full story. See the LMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Limbach Holdings Inc is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems. The Company partners with owners and operators of facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. It operates through two segments: Owner Direct Relationships (ODR), which generates maximum revenue and includes owner direct projects, maintenance, and service on MEPC systems; and General Contractor Relationships (GCR), which manages new construction or renovation projects involving MEPC systems awarded by general contractors or construction managers.
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