SG (Sweetgreen) PB Ratio: 2.22 (As of Jun. 29, 2026) — 26% Below Median


SG Sweetgreen Inc SG
69 GF Score
Price $9.14
GF Value $14.24
Valuation Possible Value Trap
! 5 Warning Signs
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What is Sweetgreen PB Ratio?

Sweetgreen SG +2.01% 69 PB Ratio is 2.22 as of Jun. 29, 2026, which is 26% below its 10-year median of 3.02. GuruFocus rates SG with a GF Score™ of 69/100 and a GF Value™ of $14.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 327 Restaurants companies, Sweetgreen ranks better than 52.91% 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 (2026-06-29), Sweetgreen's share price is $9.14. Sweetgreen's Book Value per Share for the quarter that ended in Mar. 2026 was $4.12. Hence, Sweetgreen's PB Ratio of today is 2.22.

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

SG' s PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 3.02   Max: 10.83
Current: 2.22

During the past 7 years, Sweetgreen's highest PB Ratio was 10.83. The lowest was 1.31. And the median was 3.02.

SG's PB Ratio is ranked better than
52.91% of 327 companies
in the Restaurants industry
Industry Median: 2.31 vs SG: 2.22

During the past 12 months, Sweetgreen's average Book Value Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Sweetgreen was -13.90% per year. The lowest was -14.80% per year. And the median was -14.35% per year.

Back to Basics: PB Ratio


Sweetgreen  (NYSE:SG) 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.


Sweetgreen PB Ratio Related Terms


Sweetgreen PB Ratio Historical Data

* Premium members only.

The historical data trend for Sweetgreen'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.

Sweetgreen PB Ratio Chart

Sweetgreen Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 5.36 1.76 2.64 8.42 2.25

Sweetgreen 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 6.80 4.16 2.40 2.25 1.26

SG vs CBRL, PZZA, BJRI: PB Ratio Comparison

For the Restaurants subindustry, Sweetgreen'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.


Sweetgreen PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sweetgreen's PB Ratio distribution charts can be found below:

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


SG
69GF Score
Sweetgreen Inc SG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sweetgreen 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.

Sweetgreen's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.14/4.115
=2.22

* 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 2.22 mean?
Sweetgreen (SG) has a PB Ratio of 2.22 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sweetgreen and its competitors. This is 26% below median its historical median of 3.02. Over the past decade, Sweetgreen's PB Ratio has ranged from 1.31 to 10.83. According to the industry distribution chart, Sweetgreen ranks #154 out of 327 companies in the Restaurants industry, placing it in the top 47.1%.
Is Sweetgreen's PB Ratio too high?
Sweetgreen's current PB Ratio of 2.22 is 26% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 10.83. The Restaurants industry median PB Ratio is 2.31. Sweetgreen's value of 2.22 is 3.9% below this industry median. Based on the distribution chart, Sweetgreen ranks #154 out of 327 companies in the Restaurants industry, which is above the industry midpoint. Overall, Sweetgreen has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sweetgreen's PB Ratio compare to CBRL and PZZA?
According to the Restaurants industry distribution chart, Sweetgreen ranks #154 out of 327 companies for PB Ratio. This puts Sweetgreen in the upper half of its industry. The industry median PB Ratio is 2.31. Sweetgreen's value of 2.22 is 3.9% below this benchmark. Historically, Sweetgreen's own PB Ratio has ranged from 1.31 to 10.83 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 2.31, Sweetgreen 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.31, based on 327 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. Sweetgreen's current PB Ratio of 2.22 is 3.9% 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 Sweetgreen and its competitors. For the Restaurants industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sweetgreen's current PB Ratio is 2.22, which is 26% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sweetgreen stock overvalued right now?
Based on GuruFocus' analysis, Sweetgreen (SG) is currently considered Possible Value Trap. The stock's GF Value™ is $14.24, compared to a current price of $9.14 — trading 35.8% below its estimated fair value. The current PB Ratio is 2.22, which is 26% below median its 10-year median of 3.02 and 3.9% below the Restaurants industry median of 2.31. Sweetgreen's overall GF Score™ is 69/100 with 5 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 Sweetgreen (SG), the current PB Ratio is 2.22 as of Jun. 29, 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 Sweetgreen (SG) Overvalued in 2026?

Based on GuruFocus' analysis, Sweetgreen stock appears to be undervalued. The current stock price of $9.14 is trading 35.8% below its estimated GF Value™ of $14.24. GuruFocus considers Sweetgreen to be Possible Value Trap.

Key valuation signals for SG:

  • PB Ratio: 2.22 (26% below median its 10-year median of 3.02)
  • GF Value™: $14.24 vs. price of $9.14 (35.8% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 3.9% below the Restaurants median (#154 of 327)

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


Sweetgreen Business Description

Address 3102 36th Street, Los Angeles, CA, USA, 90018
Sweetgreen Inc is a mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale. Its bold vision is to be as ubiquitous as traditional fast food, but with the transparency and quality that consumers increasingly expect. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing. Its menu involves, Kids' meal, salads, sides, local items, Protein Plates, Desserts, Drinks and Others.
69GF Score

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

$9.14
Price
$14.24
GF Value