Metro (STU:62M) PB Ratio: 2.77 (As of Jul. 11, 2026) — 10% Above Median


STU:62M Metro Inc STU:62M
87 GF Score
Price €57.50
GF Value €58.64
Valuation Fairly Valued
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What is Metro PB Ratio?

Metro STU:62M +1.77% 87 PB Ratio is 2.77 as of Jul. 11, 2026, which is 10% above its 10-year median of 2.52. GuruFocus rates STU:62M with a GF Score™ of 87/100 and a GF Value™ of €58.64 (Fairly Valued). Among 306 Retail - Defensive companies, Metro ranks worse than 66.99% 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 (2026-07-11), Metro's share price is €57.50. Metro's Book Value per Share for the quarter that ended in Mar. 2026 was €20.74. Hence, Metro's PB Ratio of today is 2.77.

Good Sign:

Metro Inc stock PB Ratio (=2.74) is close to 2-year low of 2.52.

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

STU:62M' s PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.52   Max: 4.19
Current: 2.82

During the past 13 years, Metro's highest PB Ratio was 4.19. The lowest was 1.80. And the median was 2.52.

STU:62M's PB Ratio is ranked worse than
66.99% of 306 companies
in the Retail - Defensive industry
Industry Median: 1.67 vs STU:62M: 2.82

During the past 12 months, Metro's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Metro was 27.00% per year. The lowest was 4.00% per year. And the median was 11.45% per year.

Back to Basics: PB Ratio


Metro  (STU:62M) 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.


Metro PB Ratio Related Terms


Metro PB Ratio Historical Data

* Premium members only.

The historical data trend for Metro'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.

Metro PB Ratio Chart

Metro Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.42 2.40 2.69 2.83

Metro 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 3.10 3.19 2.83 2.99 2.85

STU:62M vs KR, SFM, ACI: PB Ratio Comparison

For the Grocery Stores subindustry, Metro'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.


Metro PB Ratio vs Retail - Defensive Industry

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

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


STU:62M
87GF Score
Metro Inc STU:62M
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=57.50/20.744
=2.77

* 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 2.77 mean?
Metro (STU:62M) has a PB Ratio of 2.77 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Metro and its competitors. This is 10% above median its historical median of 2.52. Over the past decade, Metro's PB Ratio has ranged from 1.80 to 4.19. According to the industry distribution chart, Metro ranks #205 out of 306 companies in the Retail - Defensive industry, placing it in the top 67%.
Is Metro's PB Ratio too high?
Metro's current PB Ratio of 2.77 is 10% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.19. The Retail - Defensive industry median PB Ratio is 1.67. Metro's value of 2.77 is 65.9% above this industry median. Based on the distribution chart, Metro ranks #205 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Metro has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #205 out of 306 companies for PB Ratio. This places Metro in the lower half of its industry. The industry median PB Ratio is 1.67. Metro's value of 2.77 is 65.9% above this benchmark. Historically, Metro's own PB Ratio has ranged from 1.80 to 4.19 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.67, Metro 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.67, based on 306 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. Metro's current PB Ratio of 2.77 is 65.9% 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 Metro and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current PB Ratio is 2.77, which is 10% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Based on GuruFocus' analysis, Metro (STU:62M) is currently considered Fairly Valued. The stock's GF Value™ is €58.64, compared to a current price of €57.50 — trading 1.9% below its estimated fair value. The current PB Ratio is 2.77, which is 10% above median its 10-year median of 2.52 and 65.9% above the Retail - Defensive industry median of 1.67. Metro's overall GF Score™ is 87/100. 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 Metro (STU:62M), the current PB Ratio is 2.77 as of Jul. 11, 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 Metro (STU:62M) Overvalued in 2026?

Based on GuruFocus' analysis, Metro stock appears to be undervalued. The current stock price of €57.50 is trading 1.9% below its estimated GF Value™ of €58.64. GuruFocus considers Metro to be Fairly Valued.

Key valuation signals for STU:62M:

  • PB Ratio: 2.77 (10% above median its 10-year median of 2.52)
  • GF Value™: €58.64 vs. price of €57.50 (1.9% below fair value)
  • GF Score™: 87/100
  • Industry Position: 65.9% above the Retail - Defensive median (#205 of 306)

No single metric tells the full story. See the STU:62M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metro Business Description

Other Exchanges MTRAF:USAMRU:Canada
Address 11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
87GF Score

Get the complete analysis for STU:62M

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

€57.50
Price
€58.64
GF Value