Grainger (LSE:GRI) PB Ratio: 0.63 (As of Jul. 06, 2026) — 52% Below Median


LSE:GRI Grainger PLC LSE:GRI
68 GF Score
Price £1.75
GF Value £1.54
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Grainger PB Ratio?

Grainger LSE:GRI -1.02% 68 PB Ratio is 0.63 as of Jul. 06, 2026, which is 52% below its 10-year median of 1.30. GuruFocus rates LSE:GRI with a GF Score™ of 68/100 and a GF Value™ of £1.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,714 Real Estate companies, Grainger ranks better than 62.08% 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 (2026-07-06), Grainger's share price is £1.745. Grainger's Book Value per Share for the quarter that ended in Sep. 2025 was £2.76. Hence, Grainger's PB Ratio of today is 0.63.

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

LSE:GRI' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.3   Max: 1.8
Current: 0.63

During the past 13 years, Grainger's highest PB Ratio was 1.80. The lowest was 0.55. And the median was 1.30.

LSE:GRI's PB Ratio is ranked better than
62.08% of 1714 companies
in the Real Estate industry
Industry Median: 0.825 vs LSE:GRI: 0.63

During the past 12 months, Grainger's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grainger was 34.50% per year. The lowest was -21.60% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Grainger  (LSE:GRI) 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.


Grainger PB Ratio Related Terms


Grainger PB Ratio Historical Data

* Premium members only.

The historical data trend for Grainger'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.

Grainger PB Ratio Chart

Grainger Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.86 0.89 0.96 0.70

Grainger Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.89 1.02 0.96 0.79 0.70

LSE:GRI vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Grainger'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.


Grainger PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Grainger's PB Ratio distribution charts can be found below:

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


LSE:GRI
68GF Score
Grainger PLC LSE:GRI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grainger 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=1.745/2.759
=0.63

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.63 mean?
Grainger (LSE:GRI) has a PB Ratio of 0.63 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grainger and its competitors. This is 52% below median its historical median of 1.30. Over the past decade, Grainger's PB Ratio has ranged from 0.55 to 1.80. According to the industry distribution chart, Grainger ranks #650 out of 1714 companies in the Real Estate industry, placing it in the top 37.9%.
Is Grainger's PB Ratio too high?
Grainger's current PB Ratio of 0.63 is 52% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.80. The Real Estate industry median PB Ratio is 0.83. Grainger's value of 0.63 is 23.6% below this industry median. Based on the distribution chart, Grainger ranks #650 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Grainger has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grainger's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grainger ranks #650 out of 1714 companies for PB Ratio. This puts Grainger in the upper half of its industry. The industry median PB Ratio is 0.83. Grainger's value of 0.63 is 23.6% below this benchmark. Historically, Grainger's own PB Ratio has ranged from 0.55 to 1.80 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 0.83, Grainger 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.83, based on 1,714 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. Grainger's current PB Ratio of 0.63 is 23.6% 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 Grainger and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grainger's current PB Ratio is 0.63, which is 52% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grainger stock overvalued right now?
Based on GuruFocus' analysis, Grainger (LSE:GRI) is currently considered Modestly Overvalued. The stock's GF Value™ is £1.54, compared to a current price of £1.75 — trading 13.3% above its estimated fair value. The current PB Ratio is 0.63, which is 52% below median its 10-year median of 1.30 and 23.6% below the Real Estate industry median of 0.83. Grainger's overall GF Score™ is 68/100 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 Grainger (LSE:GRI), the current PB Ratio is 0.63 as of Jul. 06, 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 Grainger (LSE:GRI) Overvalued in 2026?

Based on GuruFocus' analysis, Grainger stock appears to be overvalued. The current stock price of £1.75 is trading 13.3% above its estimated GF Value™ of £1.54. GuruFocus considers Grainger to be Modestly Overvalued.

Key valuation signals for LSE:GRI:

  • PB Ratio: 0.63 (52% below median its 10-year median of 1.30)
  • GF Value™: £1.54 vs. price of £1.75 (13.3% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 23.6% below the Real Estate median (#650 of 1714)

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


Grainger Business Description

Other Exchanges GRGTF:USAGRIl:UK1U4:Germany
Address St James Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and others. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the UK and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS which derives maximum revenue, and Reversionary.
68GF Score

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

£1.75
Price
£1.54
GF Value