Avery DennisonMEX:AVY 85 PB Ratio is 8.11 as of Jun. 30, 2026, which is 5% above its 10-year median of 7.72. GuruFocus rates MEX:AVY with a GF Score™ of 85/100 and a GF Value™ of MXN5,442.88. The stock has 2 warning signs investors should review. Among 384 Packaging & Containers companies, Avery Dennison ranks worse than 95.05% 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 (2026-06-30), Avery Dennison's share price is MXN4390.00. Avery Dennison's Book Value per Share for the quarter that ended in Mar. 2026 was MXN541.13. Hence, Avery Dennison's PB Ratio of today is 8.11.
Good Sign:
Avery Dennison Corp stock PB Ratio (=5.44) is close to 10-year low of 5.17.
The historical rank and industry rank for Avery Dennison's PB Ratio or its related term are showing as below:
MEX:AVY'
s PB Ratio Range Over the Past 10 Years
Min: 5.17 Med: 7.72 Max: 11.63
Current: 5.44
During the past 13 years, Avery Dennison's highest PB Ratio was 11.63. The lowest was 5.17. And the median was 7.72.
MEX:AVY's PB Ratio is ranked worse than 95.05% of 384
companies
in the Packaging & Containers industry
Industry Median: 1.15
vs MEX:AVY: 5.44
During the past 12 months, Avery Dennison's average Book Value Per Share Growth Rate was 8.60% 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 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Avery Dennison was 27.40% per year. The lowest was -12.30% per year. And the median was 4.90% 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.
Avery Dennison PB Ratio Related Terms
Avery Dennison PB Ratio Historical Data
* Premium members only.
The historical data trend for Avery Dennison'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 Packaging & Containers subindustry, Avery Dennison'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.
Avery Dennison PB Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's PB Ratio distribution charts can be found below:
* The bar in red indicates where Avery Dennison'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.
Avery Dennison's PB Ratio for today is calculated as follows:
* 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.
Avery Dennison (MEX:AVY) has a PB Ratio of 8.11 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Avery Dennison and its competitors. This is near median its historical median of 7.72. Over the past decade, Avery Dennison's PB Ratio has ranged from 5.17 to 11.63. According to the industry distribution chart, Avery Dennison ranks #365 out of 384 companies in the Packaging & Containers industry, placing it in the top 95.1%.
Is Avery Dennison's PB Ratio too high?
Avery Dennison's current PB Ratio of 8.11 is near median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 11.63. The Packaging & Containers industry median PB Ratio is 1.15. Avery Dennison's value of 8.11 is 605.2% above this industry median. Based on the distribution chart, Avery Dennison ranks #365 out of 384 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Avery Dennison has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's PB Ratio compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #365 out of 384 companies for PB Ratio. This places Avery Dennison in the lower half of its industry. The industry median PB Ratio is 1.15. Avery Dennison's value of 8.11 is 605.2% above this benchmark. Historically, Avery Dennison's own PB Ratio has ranged from 5.17 to 11.63 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 1.15, Avery Dennison 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 Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.15, based on 384 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. Avery Dennison's current PB Ratio of 8.11 is 605.2% 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 Avery Dennison and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current PB Ratio is 8.11, which is near median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current PB Ratio of 8.11. The stock's GF Value™ is MXN5,442.88, compared to a current price of MXN4,390.00 — trading 19.3% below its estimated fair value. The current PB Ratio is 8.11, which is near median its 10-year median of 7.72 and 605.2% above the Packaging & Containers industry median of 1.15. Avery Dennison's overall GF Score™ is 85/100 with 2 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 Avery Dennison (MEX:AVY), the current PB Ratio is 8.11 as of Jun. 30, 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 Avery Dennison (MEX:AVY) Overvalued in 2026?
Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued.
The current stock price of MXN4,390.00 is trading 19.3% below its estimated GF Value™ of MXN5,442.88.
Key valuation signals for MEX:AVY:
PB Ratio: 8.11 (near median its 10-year median of 7.72)
GF Value™: MXN5,442.88 vs. price of MXN4,390.00 (19.3% below fair value)
Industry Position: 605.2% above the Packaging & Containers median (#365 of 384)
No single metric tells the full story. See the MEX:AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
85GF Score
Get the complete analysis for MEX:AVY
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
MEX:AVY has been successfully added to your 
