PETS (PetMed Express) PB Ratio: 1.30 (As of Jun. 27, 2026) — 64% Below Median


PETS PetMed Express Inc PETS
56 GF Score
Price $1.76
GF Value $2.87
Valuation Possible Value Trap
! 4 Warning Signs
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What is PetMed Express PB Ratio?

PetMed Express PETS -0.56% 56 PB Ratio is 1.30 as of Jun. 27, 2026, which is 64% below its 10-year median of 3.65. GuruFocus rates PETS with a GF Score™ of 56/100 and a GF Value™ of $2.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 611 Healthcare Providers & Services companies, PetMed Express ranks better than 66.78% 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 (2026-06-27), PetMed Express's share price is $1.76. PetMed Express's Book Value per Share for the quarter that ended in Mar. 2026 was $1.35. Hence, PetMed Express's PB Ratio of today is 1.30.

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

PETS' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 3.65   Max: 10.03
Current: 1.3

During the past 13 years, PetMed Express's highest PB Ratio was 10.03. The lowest was 0.68. And the median was 3.65.

PETS's PB Ratio is ranked better than
66.78% of 611 companies
in the Healthcare Providers & Services industry
Industry Median: 1.98 vs PETS: 1.30

During the past 12 months, PetMed Express's average Book Value Per Share Growth Rate was -67.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -36.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PetMed Express was 140.50% per year. The lowest was -36.20% per year. And the median was 8.95% per year.

Back to Basics: PB Ratio


PetMed Express  (NAS:PETS) 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.


PetMed Express PB Ratio Related Terms


PetMed Express PB Ratio Historical Data

* Premium members only.

The historical data trend for PetMed Express'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.

PetMed Express PB Ratio Chart

PetMed Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 3.11 1.05 1.02 1.69

PetMed Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.02 1.34 1.22 2.09 1.69

PETS vs BHIC, SHFH, SCNX: PB Ratio Comparison

For the Pharmaceutical Retailers subindustry, PetMed Express'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.


PetMed Express PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PetMed Express's PB Ratio distribution charts can be found below:

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


PETS
56GF Score
PetMed Express Inc PETS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PetMed Express 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.

PetMed Express's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.76/1.353
=1.30

* 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 1.30 mean?
PetMed Express (PETS) has a PB Ratio of 1.30 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PetMed Express and its competitors. This is 64% below median its historical median of 3.65. Over the past decade, PetMed Express' PB Ratio has ranged from 0.68 to 10.03. According to the industry distribution chart, PetMed Express ranks #203 out of 611 companies in the Healthcare Providers & Services industry, placing it in the top 33.2%.
Is PetMed Express' PB Ratio too high?
PetMed Express' current PB Ratio of 1.30 is 64% below median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 10.03. The Healthcare Providers & Services industry median PB Ratio is 1.98. PetMed Express' value of 1.30 is 34.3% below this industry median. Based on the distribution chart, PetMed Express ranks #203 out of 611 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, PetMed Express has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PetMed Express' PB Ratio compare to BHIC and SHFH?
According to the Healthcare Providers & Services industry distribution chart, PetMed Express ranks #203 out of 611 companies for PB Ratio. This puts PetMed Express in the upper half of its industry. The industry median PB Ratio is 1.98. PetMed Express' value of 1.30 is 34.3% below this benchmark. Historically, PetMed Express' own PB Ratio has ranged from 0.68 to 10.03 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 1.98, PetMed Express 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 1.98, based on 611 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. PetMed Express's current PB Ratio of 1.30 is 34.3% 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 PetMed Express and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetMed Express's current PB Ratio is 1.30, which is 64% below median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetMed Express stock overvalued right now?
Based on GuruFocus' analysis, PetMed Express (PETS) is currently considered Possible Value Trap. The stock's GF Value™ is $2.87, compared to a current price of $1.76 — trading 38.7% below its estimated fair value. The current PB Ratio is 1.30, which is 64% below median its 10-year median of 3.65 and 34.3% below the Healthcare Providers & Services industry median of 1.98. PetMed Express' overall GF Score™ is 56/100 with 4 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 PetMed Express (PETS), the current PB Ratio is 1.30 as of Jun. 27, 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 PetMed Express (PETS) Overvalued in 2026?

Based on GuruFocus' analysis, PetMed Express stock appears to be undervalued. The current stock price of $1.76 is trading 38.7% below its estimated GF Value™ of $2.87. GuruFocus considers PetMed Express to be Possible Value Trap.

Key valuation signals for PETS:

  • PB Ratio: 1.30 (64% below median its 10-year median of 3.65)
  • GF Value™: $2.87 vs. price of $1.76 (38.7% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 34.3% below the Healthcare Providers & Services median (#203 of 611)

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


PetMed Express Business Description

Address 420 South Congress Avenue, Suite 100, Delray Beach, FL, USA, 33445
PetMed Express Inc is a nationwide direct-to-consumer pet pharmacy and online provider of prescription and non-prescription medications, foods, supplements, supplies, and vet services for dogs, cats, and horses. It markets and sells directly to consumers through its websites, toll-free numbers, and mobile application, offering convenience, price, speed of delivery, and customer service. It provides access to branded pharmaceuticals, generic medications, compounded prescription medications, over-the-counter health and wellness products, prescription and non-prescription food, pharmacy fulfillment, and AutoShip capabilities. Its digital platform offers pet healthcare solutions for chronic conditions, including allergies, arthritis, anxiety, kidney-related conditions, and hyperthyroidism.
56GF Score

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

$1.76
Price
$2.87
GF Value