REAL (The RealReal) PB Ratio: (As of Jun. 26, 2026)


REAL The RealReal Inc REAL
58 GF Score
Price $12.14
GF Value $4.91
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The RealReal PB Ratio?

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), The RealReal's share price is $12.14. The RealReal's Book Value per Share for the quarter that ended in Mar. 2026 was $-2.98. Hence, The RealReal's PB Ratio of today is .

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

During the past 9 years, The RealReal's highest PB Ratio was 27.37. The lowest was 1.81. And the median was 6.93.

REAL's PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.44
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -26.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of The RealReal was -26.90% per year. The lowest was -26.90% per year. And the median was -26.90% per year.

Back to Basics: PB Ratio


The RealReal  (NAS:REAL) 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.


The RealReal PB Ratio Related Terms


The RealReal PB Ratio Historical Data

* Premium members only.

The historical data trend for The RealReal'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.

The RealReal PB Ratio Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 14.75 0.00 0.00 0.00 0.00

The RealReal 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 0.00 0.00 0.00 0.00 0.00

REAL vs MOV, ELA, CPRI: PB Ratio Comparison

For the Luxury Goods subindustry, The RealReal'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.


The RealReal PB Ratio vs Retail - Cyclical Industry

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

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


REAL
58GF Score
The RealReal Inc REAL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The RealReal 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.

The RealReal's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.14/-2.983
=

* 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.

Is The RealReal (REAL) Overvalued in 2026?

Based on GuruFocus' analysis, The RealReal stock appears to be overvalued. The current stock price of $12.14 is trading 147.3% above its estimated GF Value™ of $4.91. GuruFocus considers The RealReal to be Significantly Overvalued.

Key valuation signals for REAL:

  • PB Ratio:
  • GF Value™: $4.91 vs. price of $12.14 (147.3% above fair value)
  • GF Score™: 58/100 with 5 warning signs

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


The RealReal Business Description

Other Exchanges 6RR:Germany
Address 55 Francisco Street, Suite 150, San Francisco, CA, USA, 94133
The RealReal Inc is an online marketplace for authenticated, resale luxury goods, providing an end-to-end service that unlocks supply and creates a trusted, curated marketplace for buyers globally. Since its inception, the company has cultivated a loyal and engaged consignor and buyer base through continuous investment in its technology platform, logistics infrastructure, brand and people. It offers a wide selection of authenticated, mainly pre-owned luxury goods bearing the brands of thousands of luxury and premium designers, including Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton and Rolex. The company offers products across women's fashion, men's fashion, jewelry, and watches, promoting the recirculation of luxury goods and contributing to a more sustainable world.
58GF Score

Get the complete analysis for REAL

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

$12.14
Price
$4.91
GF Value