Dangote Sugar Refinery (NSA:DSRP) PB Ratio: 6.84 (As of Jun. 26, 2026) — 293% Above Median


NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
70 GF Score
Price ₦70.00
GF Value ₦78.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dangote Sugar Refinery PB Ratio?

Dangote Sugar Refinery NSA:DSRP -0.71% 70 PB Ratio is 6.84 as of Jun. 26, 2026, which is 293% above its 10-year median of 1.74. GuruFocus rates NSA:DSRP with a GF Score™ of 70/100 and a GF Value™ of ₦78.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Dangote Sugar Refinery ranks worse than 93.2% 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), Dangote Sugar Refinery's share price is ₦70.00. Dangote Sugar Refinery's Book Value per Share for the quarter that ended in Dec. 2025 was ₦10.24. Hence, Dangote Sugar Refinery's PB Ratio of today is 6.84.

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

NSA:DSRP' s PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.74   Max: 12.66
Current: 6.84

During the past 13 years, Dangote Sugar Refinery's highest PB Ratio was 12.66. The lowest was 0.98. And the median was 1.74.

NSA:DSRP's PB Ratio is ranked worse than
93.2% of 1896 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs NSA:DSRP: 6.84

During the past 12 months, Dangote Sugar Refinery's average Book Value Per Share Growth Rate was -39.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dangote Sugar Refinery was 21.60% per year. The lowest was -14.00% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio


Dangote Sugar Refinery  (NSA:DSRP) 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.


Dangote Sugar Refinery PB Ratio Related Terms


Dangote Sugar Refinery PB Ratio Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery PB Ratio Chart

Dangote Sugar Refinery 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 1.56 1.14 8.73 1.86 5.65

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 1.56 1.14 8.73 1.86 5.65

NSA:DSRP vs MDLZ, HSY, TR: PB Ratio Comparison

For the Confectioners subindustry, Dangote Sugar Refinery'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.


Dangote Sugar Refinery PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's PB Ratio falls into.


NSA:DSRP
70GF Score
Dangote Sugar Refinery PLC NSA:DSRP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Sugar Refinery 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.

Dangote Sugar Refinery's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=70.00/10.24
=6.84

* 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 6.84 mean?
Dangote Sugar Refinery (NSA:DSRP) has a PB Ratio of 6.84 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 Dangote Sugar Refinery and its competitors. This is 293% above median its historical median of 1.74. Over the past decade, Dangote Sugar Refinery's PB Ratio has ranged from 0.98 to 12.66. According to the industry distribution chart, Dangote Sugar Refinery ranks #1767 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 93.2%.
Is Dangote Sugar Refinery's PB Ratio too high?
Dangote Sugar Refinery's current PB Ratio of 6.84 is 293% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 12.66. The Consumer Packaged Goods industry median PB Ratio is 1.33. Dangote Sugar Refinery's value of 6.84 is 414.3% above this industry median. Based on the distribution chart, Dangote Sugar Refinery ranks #1767 out of 1896 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dangote Sugar Refinery has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dangote Sugar Refinery ranks #1767 out of 1896 companies for PB Ratio. This places Dangote Sugar Refinery in the lower half of its industry. The industry median PB Ratio is 1.33. Dangote Sugar Refinery's value of 6.84 is 414.3% above this benchmark. Historically, Dangote Sugar Refinery's own PB Ratio has ranged from 0.98 to 12.66 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.33, Dangote Sugar Refinery 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,896 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. Dangote Sugar Refinery's current PB Ratio of 6.84 is 414.3% 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 Dangote Sugar Refinery and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Sugar Refinery's current PB Ratio is 6.84, which is 293% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦78.80, compared to a current price of ₦70.00 — trading 11.2% below its estimated fair value. The current PB Ratio is 6.84, which is 293% above median its 10-year median of 1.74 and 414.3% above the Consumer Packaged Goods industry median of 1.33. Dangote Sugar Refinery's overall GF Score™ is 70/100 with 9 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 Dangote Sugar Refinery (NSA:DSRP), the current PB Ratio is 6.84 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 Dangote Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦70.00 is trading 11.2% below its estimated GF Value™ of ₦78.80. GuruFocus considers Dangote Sugar Refinery to be Modestly Undervalued.

Key valuation signals for NSA:DSRP:

  • PB Ratio: 6.84 (293% above median its 10-year median of 1.74)
  • GF Value™: ₦78.80 vs. price of ₦70.00 (11.2% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 414.3% above the Consumer Packaged Goods median (#1767 of 1896)

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


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
70GF Score

Get the complete analysis for NSA:DSRP

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

₦70.00
Price
₦78.80
GF Value