Carrefour (MEX:CA) PB Ratio: 0.93 (As of Jun. 26, 2026) — 23% Below Median


MEX:CA Carrefour MEX:CA
79 GF Score
Price MXN305.44
GF Value MXN288.15
! 12 Warning Signs
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What is Carrefour PB Ratio?

Carrefour MEX:CA 79 PB Ratio is 0.93 as of Jun. 26, 2026, which is 23% below its 10-year median of 1.20. GuruFocus rates MEX:CA with a GF Score™ of 79/100 and a GF Value™ of MXN288.15. The stock has 12 warning signs investors should review. Among 306 Retail - Defensive companies, Carrefour ranks better than 71.57% 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), Carrefour's share price is MXN305.44. Carrefour's Book Value per Share for the quarter that ended in Dec. 2025 was MXN327.68. Hence, Carrefour's PB Ratio of today is 0.93.

Warning Sign:

Carrefour stock PB Ratio (=1) is close to 2-year high of 1.1.

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

MEX:CA' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.2   Max: 1.86
Current: 1

During the past 13 years, Carrefour's highest PB Ratio was 1.86. The lowest was 0.71. And the median was 1.20.

MEX:CA's PB Ratio is ranked better than
71.57% of 306 companies
in the Retail - Defensive industry
Industry Median: 1.655 vs MEX:CA: 1.00

During the past 12 months, Carrefour's average Book Value Per Share Growth Rate was -7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carrefour was 19.90% per year. The lowest was -35.10% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


Carrefour  (MEX:CA) 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.


Carrefour PB Ratio Related Terms


Carrefour PB Ratio Historical Data

* Premium members only.

The historical data trend for Carrefour'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.

Carrefour PB Ratio Chart

Carrefour Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.01 0.99 0.79 0.85

Carrefour Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.99 0.93 0.79 0.92 0.85

MEX:CA vs KR, SFM, ACI: PB Ratio Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour PB Ratio vs Retail - Defensive Industry

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

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


MEX:CA
79GF Score
Carrefour MEX:CA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carrefour 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=305.44/327.678
=0.93

* 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 0.93 mean?
Carrefour (MEX:CA) has a PB Ratio of 0.93 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 Carrefour and its competitors. This is 23% below median its historical median of 1.20. Over the past decade, Carrefour's PB Ratio has ranged from 0.71 to 1.86. According to the industry distribution chart, Carrefour ranks #87 out of 306 companies in the Retail - Defensive industry, placing it in the top 28.4%.
Is Carrefour's PB Ratio too high?
Carrefour's current PB Ratio of 0.93 is 23% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.86. The Retail - Defensive industry median PB Ratio is 1.66. Carrefour's value of 0.93 is 43.8% below this industry median. Based on the distribution chart, Carrefour ranks #87 out of 306 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Carrefour has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Carrefour's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #87 out of 306 companies for PB Ratio. This puts Carrefour in the upper half of its industry. The industry median PB Ratio is 1.66. Carrefour's value of 0.93 is 43.8% below this benchmark. Historically, Carrefour's own PB Ratio has ranged from 0.71 to 1.86 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.66, Carrefour 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.66, based on 306 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. Carrefour's current PB Ratio of 0.93 is 43.8% 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 Carrefour and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current PB Ratio is 0.93, which is 23% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Carrefour (MEX:CA) has a current PB Ratio of 0.93. The stock's GF Value™ is MXN288.15, compared to a current price of MXN305.44 — trading 6% above its estimated fair value. The current PB Ratio is 0.93, which is 23% below median its 10-year median of 1.20 and 43.8% below the Retail - Defensive industry median of 1.66. Carrefour's overall GF Score™ is 79/100 with 12 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 Carrefour (MEX:CA), the current PB Ratio is 0.93 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 Carrefour (MEX:CA) Overvalued in 2026?

Based on GuruFocus' analysis, Carrefour stock appears to be overvalued. The current stock price of MXN305.44 is trading 6% above its estimated GF Value™ of MXN288.15.

Key valuation signals for MEX:CA:

  • PB Ratio: 0.93 (23% below median its 10-year median of 1.20)
  • GF Value™: MXN288.15 vs. price of MXN305.44 (6% above fair value)
  • GF Score™: 79/100 with 12 warning signs
  • Industry Position: 43.8% below the Retail - Defensive median (#87 of 306)

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


Carrefour Business Description

Address 93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
79GF Score

Get the complete analysis for MEX:CA

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

MXN305.44
Price
MXN288.15
GF Value