H & M Hennes & Mauritz AB (STU:HMSB) PB Ratio: 7.60 (As of Jul. 07, 2026) — 40% Above Median


STU:HMSB H & M Hennes & Mauritz AB STU:HMSB
74 GF Score
Price €14.87
GF Value €14.71
Valuation Fairly Valued
! 5 Warning Signs
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What is H & M Hennes & Mauritz AB PB Ratio?

H & M Hennes & Mauritz AB STU:HMSB -1.33% 74 PB Ratio is 7.60 as of Jul. 07, 2026, which is 40% above its 10-year median of 5.41. GuruFocus rates STU:HMSB with a GF Score™ of 74/100 and a GF Value™ of €14.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 997 Manufacturing - Apparel & Accessories companies, H & M Hennes & Mauritz AB ranks worse than 95.09% 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 (2026-07-07), H & M Hennes & Mauritz AB's share price is €14.87. H & M Hennes & Mauritz AB's Book Value per Share for the quarter that ended in May. 2026 was €1.96. Hence, H & M Hennes & Mauritz AB's PB Ratio of today is 7.60.

Warning Sign:

H & M Hennes & Mauritz AB stock PB Ratio (=7.84) is close to 5-year high of 8.05.

The historical rank and industry rank for H & M Hennes & Mauritz AB's PB Ratio or its related term are showing as below:

STU:HMSB' s PB Ratio Range Over the Past 10 Years
Min: 3.15   Med: 5.41   Max: 9.19
Current: 7.74

During the past 13 years, H & M Hennes & Mauritz AB's highest PB Ratio was 9.19. The lowest was 3.15. And the median was 5.41.

STU:HMSB's PB Ratio is ranked worse than
95.09% of 997 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs STU:HMSB: 7.74

During the past 12 months, H & M Hennes & Mauritz AB's average Book Value Per Share Growth Rate was -6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of H & M Hennes & Mauritz AB was 13.50% per year. The lowest was -7.40% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio


H & M Hennes & Mauritz AB  (STU:HMSB) 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.


H & M Hennes & Mauritz AB PB Ratio Related Terms


H & M Hennes & Mauritz AB PB Ratio Historical Data

* Premium members only.

The historical data trend for H & M Hennes & Mauritz AB'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.

H & M Hennes & Mauritz AB PB Ratio Chart

H & M Hennes & Mauritz AB Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 3.80 5.84 5.28 6.38

H & M Hennes & Mauritz AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 6.03 5.72 6.38 7.34 7.73

STU:HMSB vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, H & M Hennes & Mauritz AB'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.


H & M Hennes & Mauritz AB PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H & M Hennes & Mauritz AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where H & M Hennes & Mauritz AB's PB Ratio falls into.


STU:HMSB
74GF Score
H & M Hennes & Mauritz AB STU:HMSB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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H & M Hennes & Mauritz AB 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.

H & M Hennes & Mauritz AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: May. 2026)
=14.87/1.957
=7.60

* 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 7.60 mean?
H & M Hennes & Mauritz AB (STU:HMSB) has a PB Ratio of 7.60 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on H & M Hennes & Mauritz AB and its competitors. This is 40% above median its historical median of 5.41. Over the past decade, H & M Hennes & Mauritz AB's PB Ratio has ranged from 3.15 to 9.19. According to the industry distribution chart, H & M Hennes & Mauritz AB ranks #948 out of 997 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95.1%.
Is H & M Hennes & Mauritz AB's PB Ratio too high?
H & M Hennes & Mauritz AB's current PB Ratio of 7.60 is 40% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 9.19. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. H & M Hennes & Mauritz AB's value of 7.60 is 603.7% above this industry median. Based on the distribution chart, H & M Hennes & Mauritz AB ranks #948 out of 997 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, H & M Hennes & Mauritz AB ranks #948 out of 997 companies for PB Ratio. This places H & M Hennes & Mauritz AB in the lower half of its industry. The industry median PB Ratio is 1.08. H & M Hennes & Mauritz AB's value of 7.60 is 603.7% above this benchmark. Historically, H & M Hennes & Mauritz AB's own PB Ratio has ranged from 3.15 to 9.19 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 1.08, H & M Hennes & Mauritz AB 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 997 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. H & M Hennes & Mauritz AB's current PB Ratio of 7.60 is 603.7% 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 H & M Hennes & Mauritz AB and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H & M Hennes & Mauritz AB's current PB Ratio is 7.60, which is 40% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H & M Hennes & Mauritz AB stock overvalued right now?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB (STU:HMSB) is currently considered Fairly Valued. The stock's GF Value™ is €14.71, compared to a current price of €14.87 — trading 1.1% above its estimated fair value. The current PB Ratio is 7.60, which is 40% above median its 10-year median of 5.41 and 603.7% above the Manufacturing - Apparel & Accessories industry median of 1.08. H & M Hennes & Mauritz AB's overall GF Score™ is 74/100 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 H & M Hennes & Mauritz AB (STU:HMSB), the current PB Ratio is 7.60 as of Jul. 07, 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 H & M Hennes & Mauritz AB (STU:HMSB) Overvalued in 2026?

Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be overvalued. The current stock price of €14.87 is trading 1.1% above its estimated GF Value™ of €14.71. GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.

Key valuation signals for STU:HMSB:

  • PB Ratio: 7.60 (40% above median its 10-year median of 5.41)
  • GF Value™: €14.71 vs. price of €14.87 (1.1% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 603.7% above the Manufacturing - Apparel & Accessories median (#948 of 997)

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


H & M Hennes & Mauritz AB Business Description

Address Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
The H&M Group is a global multi-brand fashion conglomerate founded in 1947. Its flagship brand, H&M, generates the majority of the group's revenue, while ARKET, COS, and the secondhand platform Sellpy represent key sources of future growth. Geographically, 34% of group revenues are generated in Western Europe, followed by North and South America at 23%, and both Southern Europe and Asia, Oceania, and Africa at 13% each. The Nordic region accounts for approximately 9% of total sales.The company operates 4,101 stores (3,660 attributable to H&M brand) across 81 markets worldwide, the majority of which are leased. Online sales contributed slightly above 30% of total group revenue in financial 2025 .
74GF Score

Get the complete analysis for STU:HMSB

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

€14.87
Price
€14.71
GF Value