Mullen GroupMLLGF 78 PB Ratio is 1.77 as of Jun. 25, 2026, which is 32% above its 10-year median of 1.34. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.97 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 971 Transportation companies, Mullen Group ranks worse than 65.91% 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 (2026-06-25), Mullen Group's share price is $15.374. Mullen Group's Book Value per Share for the quarter that ended in Mar. 2026 was $8.71. Hence, Mullen Group's PB Ratio of today is 1.77.
Warning Sign:
Mullen Group Ltd stock PB Ratio (=1.76) is close to 5-year high of 1.93.
The historical rank and industry rank for Mullen Group's PB Ratio or its related term are showing as below:
MLLGF'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.34 Max: 2.15
Current: 1.76
During the past 13 years, Mullen Group's highest PB Ratio was 2.15. The lowest was 0.47. And the median was 1.34.
MLLGF's PB Ratio is ranked worse than 65.91% of 971
companies
in the Transportation industry
Industry Median: 1.25
vs MLLGF: 1.76
During the past 12 months, Mullen Group's average Book Value Per Share Growth Rate was 3.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mullen Group was 51.30% per year. The lowest was -16.80% per year. And the median was 6.10% 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.
Mullen Group PB Ratio Related Terms
Mullen Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Mullen Group'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 Trucking subindustry, Mullen Group'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.
Mullen Group PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Mullen Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mullen Group'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.
Mullen Group'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.
Mullen Group (MLLGF) has a PB Ratio of 1.77 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 Mullen Group and its competitors. This is 32% above median its historical median of 1.34. Over the past decade, Mullen Group's PB Ratio has ranged from 0.47 to 2.15. According to the industry distribution chart, Mullen Group ranks #640 out of 971 companies in the Transportation industry, placing it in the top 65.9%.
Is Mullen Group's PB Ratio too high?
Mullen Group's current PB Ratio of 1.77 is 32% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.15. The Transportation industry median PB Ratio is 1.25. Mullen Group's value of 1.77 is 41.6% above this industry median. Based on the distribution chart, Mullen Group ranks #640 out of 971 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's PB Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #640 out of 971 companies for PB Ratio. This places Mullen Group in the lower half of its industry. The industry median PB Ratio is 1.25. Mullen Group's value of 1.77 is 41.6% above this benchmark. Historically, Mullen Group's own PB Ratio has ranged from 0.47 to 2.15 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.25, Mullen Group 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 971 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. Mullen Group's current PB Ratio of 1.77 is 41.6% 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 Mullen Group and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current PB Ratio is 1.77, which is 32% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.97, compared to a current price of $15.37 — trading 28.4% above its estimated fair value. The current PB Ratio is 1.77, which is 32% above median its 10-year median of 1.34 and 41.6% above the Transportation industry median of 1.25. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current PB Ratio is 1.77 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.
Is Mullen Group (MLLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued.
The current stock price of $15.37 is trading 28.4% above its estimated GF Value™ of $11.97.
GuruFocus considers Mullen Group to be Modestly Overvalued.
Key valuation signals for MLLGF:
PB Ratio: 1.77 (32% above median its 10-year median of 1.34)
GF Value™: $11.97 vs. price of $15.37 (28.4% above fair value)
Industry Position: 41.6% above the Transportation median (#640 of 971)
No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score
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