MustGrow BiologicsMGROF -0.61%29 PB Ratio is 18.44 as of Jun. 25, 2026, which is 16% below its 10-year median of 21.85. GuruFocus rates MGROF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 249 Agriculture companies, MustGrow Biologics ranks worse than 98.39% on this metric.
The historical rank and industry rank for MustGrow Biologics's PB Ratio or its related term are showing as below:
MGROF'
s PB Ratio Range Over the Past 10 Years
Min: 8.24 Med: 21.85 Max: 86.92
Current: 29.5
During the past 10 years, MustGrow Biologics's highest PB Ratio was 86.92. The lowest was 8.24. And the median was 21.85.
MGROF's PB Ratio is ranked worse than 98.39% of 249
companies
in the Agriculture industry
Industry Median: 1.51
vs MGROF: 29.50
During the past 12 months, MustGrow Biologics's average Book Value Per Share Growth Rate was 61.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -47.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -26.90% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of MustGrow Biologics was 24.10% per year. The lowest was -47.70% per year. And the median was -14.95% per year.
Back to Basics: PB Ratio
MustGrow Biologics (OTCPK:MGROF) PB Ratio Explanation
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.
MustGrow Biologics PB Ratio Related Terms
MustGrow Biologics PB Ratio Historical Data
* Premium members only.
The historical data trend for MustGrow Biologics'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 Agricultural Inputs subindustry, MustGrow Biologics'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.
MustGrow Biologics PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, MustGrow Biologics's PB Ratio distribution charts can be found below:
* The bar in red indicates where MustGrow Biologics'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.
MustGrow Biologics (MGROF) has a PB Ratio of 18.44 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MustGrow Biologics and its competitors. This is 16% below median its historical median of 21.85. Over the past decade, MustGrow Biologics' PB Ratio has ranged from 8.24 to 86.92. According to the industry distribution chart, MustGrow Biologics ranks #245 out of 249 companies in the Agriculture industry, placing it in the top 98.4%.
Is MustGrow Biologics' PB Ratio too high?
MustGrow Biologics' current PB Ratio of 18.44 is 16% below median its 10-year median of 21.85. Over the past 10 years, this metric has ranged from a low of 8.24 to a high of 86.92. The Agriculture industry median PB Ratio is 1.51. MustGrow Biologics' value of 18.44 is 1121.2% above this industry median. Based on the distribution chart, MustGrow Biologics ranks #245 out of 249 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, MustGrow Biologics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does MustGrow Biologics' PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, MustGrow Biologics ranks #245 out of 249 companies for PB Ratio. This places MustGrow Biologics in the lower half of its industry. The industry median PB Ratio is 1.51. MustGrow Biologics' value of 18.44 is 1121.2% above this benchmark. Historically, MustGrow Biologics' own PB Ratio has ranged from 8.24 to 86.92 over the past decade. While the company's 10-year median is 21.85 vs. the industry median of 1.51, MustGrow Biologics 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.51, based on 249 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. MustGrow Biologics's current PB Ratio of 18.44 is 1121.2% 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 MustGrow Biologics and its competitors. For the Agriculture industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MustGrow Biologics's current PB Ratio is 18.44, which is 16% below median its own 10-year median of 21.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MustGrow Biologics stock overvalued right now?
MustGrow Biologics (MGROF) has a current PB Ratio of 18.44. The current PB Ratio is 18.44, which is 16% below median its 10-year median of 21.85 and 1121.2% above the Agriculture industry median of 1.51. MustGrow Biologics' overall GF Score™ is 29/100 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 MustGrow Biologics (MGROF), the current PB Ratio is 18.44 as of Jun. 25, 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.
MustGrow Biologics Corp is a fully integrated provider of biological and regenerative agriculture solutions designed to support sustainable farming. The Company's proprietary and third-party product lines offer eco-friendly alternatives to restricted or banned synthetic chemicals and fertilizers. It offers a portfolio of third-party crop nutrition solutions, including micronutrients, nitrogen stabilizers, biostimulants, and foliar products. These products are synergistically distributed alongside MustGrow's wholly owned proprietary products and technologies that are derived from mustard and developed into organic biocontrol and biofertility products to help replace banned or restricted synthetic chemicals and fertilizers.
29GF Score
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