United Natural FoodsSTU:UN3 -0.80%51 PB Ratio is 1.82 as of Jul. 09, 2026, which is 64% above its 10-year median of 1.11. GuruFocus rates STU:UN3 with a GF Score™ of 51/100 and a GF Value™ of €18.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 306 Retail - Defensive companies, United Natural Foods ranks worse than 52.94% on this metric.
The historical rank and industry rank for United Natural Foods's PB Ratio or its related term are showing as below:
STU:UN3'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.11 Max: 2.11
Current: 1.79
During the past 13 years, United Natural Foods's highest PB Ratio was 2.11. The lowest was 0.23. And the median was 1.11.
STU:UN3's PB Ratio is ranked worse than 52.94% of 306
companies
in the Retail - Defensive industry
Industry Median: 1.685
vs STU:UN3: 1.79
During the past 12 months, United Natural Foods's average Book Value Per Share Growth Rate was -1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Natural Foods was 21.40% per year. The lowest was -14.30% per year. And the median was 11.50% per year.
Back to Basics: PB Ratio
United Natural Foods (STU:UN3) PB Ratio Explanation
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.
United Natural Foods PB Ratio Related Terms
United Natural Foods PB Ratio Historical Data
* Premium members only.
The historical data trend for United Natural Foods'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.
For the Food Distribution subindustry, United Natural Foods'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.
United Natural Foods PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's PB Ratio distribution charts can be found below:
* The bar in red indicates where United Natural Foods's PB Ratio falls into.
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.
* 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.
United Natural Foods (STU:UN3) has a PB Ratio of 1.82 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on United Natural Foods and its competitors. This is 64% above median its historical median of 1.11. Over the past decade, United Natural Foods' PB Ratio has ranged from 0.23 to 2.11. According to the industry distribution chart, United Natural Foods ranks #162 out of 306 companies in the Retail - Defensive industry, placing it in the top 52.9%.
Is United Natural Foods' PB Ratio too high?
United Natural Foods' current PB Ratio of 1.82 is 64% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.11. The Retail - Defensive industry median PB Ratio is 1.69. United Natural Foods' value of 1.82 is 8% above this industry median. Based on the distribution chart, United Natural Foods ranks #162 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, United Natural Foods has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Natural Foods' PB Ratio compare to ANDE and CHEF?
According to the Retail - Defensive industry distribution chart, United Natural Foods ranks #162 out of 306 companies for PB Ratio. This places United Natural Foods in the lower half of its industry. The industry median PB Ratio is 1.69. United Natural Foods' value of 1.82 is 8% above this benchmark. Historically, United Natural Foods' own PB Ratio has ranged from 0.23 to 2.11 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.69, United Natural Foods 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 1.69, 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. United Natural Foods's current PB Ratio of 1.82 is 8% 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 United Natural Foods and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Natural Foods's current PB Ratio is 1.82, which is 64% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Natural Foods stock overvalued right now?
Based on GuruFocus' analysis, United Natural Foods (STU:UN3) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.75, compared to a current price of €40.98 — trading 118.6% above its estimated fair value. The current PB Ratio is 1.82, which is 64% above median its 10-year median of 1.11 and 8% above the Retail - Defensive industry median of 1.69. United Natural Foods' overall GF Score™ is 51/100 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 United Natural Foods (STU:UN3), the current PB Ratio is 1.82 as of Jul. 09, 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 United Natural Foods (STU:UN3) Overvalued in 2026?
Based on GuruFocus' analysis, United Natural Foods stock appears to be overvalued.
The current stock price of €40.98 is trading 118.6% above its estimated GF Value™ of €18.75.
GuruFocus considers United Natural Foods to be Significantly Overvalued.
Key valuation signals for STU:UN3:
PB Ratio: 1.82 (64% above median its 10-year median of 1.11)
GF Value™: €18.75 vs. price of €40.98 (118.6% above fair value)
Industry Position: 8% above the Retail - Defensive median (#162 of 306)
No single metric tells the full story. See the STU:UN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
51GF Score
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