Topps Tiles (LSE:TPT) PB Ratio: 18.63 (As of Jun. 26, 2026) — 252% Above Median


LSE:TPT Topps Tiles PLC LSE:TPT
50 GF Score
Price £0.35
GF Value £0.47
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Topps Tiles PB Ratio?

Topps Tiles LSE:TPT +4.12% 50 PB Ratio is 18.63 as of Jun. 26, 2026, which is 252% above its 10-year median of 5.30. GuruFocus rates LSE:TPT with a GF Score™ of 50/100 and a GF Value™ of £0.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Topps Tiles ranks worse than 97.59% 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), Topps Tiles's share price is £0.354. Topps Tiles's Book Value per Share for the quarter that ended in Mar. 2026 was £0.02. Hence, Topps Tiles's PB Ratio of today is 18.63.

Warning Sign:

Topps Tiles PLC stock PB Ratio (=17.37) is close to 5-year high of 17.37.

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

LSE:TPT' s PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 5.3   Max: 23.93
Current: 18.64

During the past 13 years, Topps Tiles's highest PB Ratio was 23.93. The lowest was 1.95. And the median was 5.30.

LSE:TPT's PB Ratio is ranked worse than
97.59% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 1.44 vs LSE:TPT: 18.64

During the past 12 months, Topps Tiles's average Book Value Per Share Growth Rate was -13.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -33.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Topps Tiles was 210.70% per year. The lowest was -39.60% per year. And the median was 25.20% per year.

Back to Basics: PB Ratio


Topps Tiles  (LSE:TPT) 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.


Topps Tiles PB Ratio Related Terms


Topps Tiles PB Ratio Historical Data

* Premium members only.

The historical data trend for Topps Tiles'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.

Topps Tiles PB Ratio Chart

Topps Tiles 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 5.40 2.85 4.10 15.50 9.00

Topps Tiles Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.45 15.50 15.00 9.00 18.21

LSE:TPT vs HD, LOW, FND: PB Ratio Comparison

For the Home Improvement Retail subindustry, Topps Tiles'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.


Topps Tiles PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topps Tiles's PB Ratio distribution charts can be found below:

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


LSE:TPT
50GF Score
Topps Tiles PLC LSE:TPT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Topps Tiles 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.

Topps Tiles's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.354/0.019
=18.63

* 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 18.63 mean?
Topps Tiles (LSE:TPT) has a PB Ratio of 18.63 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 Topps Tiles and its competitors. This is 252% above median its historical median of 5.30. Over the past decade, Topps Tiles' PB Ratio has ranged from 1.95 to 23.93. According to the industry distribution chart, Topps Tiles ranks #1051 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 97.6%.
Is Topps Tiles' PB Ratio too high?
Topps Tiles' current PB Ratio of 18.63 is 252% above median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 23.93. The Retail - Cyclical industry median PB Ratio is 1.44. Topps Tiles' value of 18.63 is 1193.8% above this industry median. Based on the distribution chart, Topps Tiles ranks #1051 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Topps Tiles has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topps Tiles' PB Ratio compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Topps Tiles ranks #1051 out of 1077 companies for PB Ratio. This places Topps Tiles in the lower half of its industry. The industry median PB Ratio is 1.44. Topps Tiles' value of 18.63 is 1193.8% above this benchmark. Historically, Topps Tiles' own PB Ratio has ranged from 1.95 to 23.93 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 1.44, Topps Tiles 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. Topps Tiles's current PB Ratio of 18.63 is 1193.8% 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 Topps Tiles 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. Topps Tiles's current PB Ratio is 18.63, which is 252% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topps Tiles stock overvalued right now?
Based on GuruFocus' analysis, Topps Tiles (LSE:TPT) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.47, compared to a current price of £0.35 — trading 24.7% below its estimated fair value. The current PB Ratio is 18.63, which is 252% above median its 10-year median of 5.30 and 1193.8% above the Retail - Cyclical industry median of 1.44. Topps Tiles' overall GF Score™ is 50/100 with 5 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 Topps Tiles (LSE:TPT), the current PB Ratio is 18.63 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 Topps Tiles (LSE:TPT) Overvalued in 2026?

Based on GuruFocus' analysis, Topps Tiles stock appears to be undervalued. The current stock price of £0.35 is trading 24.7% below its estimated GF Value™ of £0.47. GuruFocus considers Topps Tiles to be Modestly Undervalued.

Key valuation signals for LSE:TPT:

  • PB Ratio: 18.63 (252% above median its 10-year median of 5.30)
  • GF Value™: £0.47 vs. price of £0.35 (24.7% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 1193.8% above the Retail - Cyclical median (#1051 of 1077)

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


Topps Tiles Business Description

Other Exchanges TPTl:UK
Address Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU
Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company operates in the UK, the EU, and the rest of the world, and generates the majority of its revenue from sales in the UK.
50GF Score

Get the complete analysis for LSE:TPT

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

£0.35
Price
£0.47
GF Value