Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pizza Pizza RoyaltyTSX:PZA -1.31%61 PB Ratio is 1.41 as of Aug. 11, 2026, which is at its 10-year median of 1.41. GuruFocus rates TSX:PZA with a GF Score™ of 61/100 and a GF Value™ of C$33.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 328 Restaurants companies, Pizza Pizza Royalty ranks worse than 304877.74% on this metric.
Pizza Pizza Royalty Corp stock PB Ratio (=1.41) is close to 3-year low of 1.36.
The historical rank and industry rank for Pizza Pizza Royalty's PB Ratio or its related term are showing as below:
TSX:PZA'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.41 Max: 1.85
Current: 1.41
During the past 13 years, Pizza Pizza Royalty's highest PB Ratio was 1.85. The lowest was 0.57. And the median was 1.41.
TSX:PZA's PB Ratio is not ranked
in the Restaurants industry.
Industry Median: 2.425
vs TSX:PZA: 1.41
During the past 12 months, Pizza Pizza Royalty's average Book Value Per Share Growth Rate was -0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% 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 Pizza Pizza Royalty was 11.80% per year. The lowest was -8.00% per year. And the median was 0.00% per year.
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.
Pizza Pizza Royalty PB Ratio Related Terms
Pizza Pizza Royalty PB Ratio Historical Data
* Premium members only.
The historical data trend for Pizza Pizza Royalty'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 Restaurants subindustry, Pizza Pizza Royalty'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.
Pizza Pizza Royalty PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pizza Pizza Royalty'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.
Pizza Pizza Royalty (TSX:PZA) has a PB Ratio of 1.41 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pizza Pizza Royalty and its competitors. This is near median its historical median of 1.41. Over the past decade, Pizza Pizza Royalty's PB Ratio has ranged from 0.57 to 1.85. According to the industry distribution chart, Pizza Pizza Royalty ranks #999999 out of 328 companies in the Restaurants industry.
Is Pizza Pizza Royalty's PB Ratio too high?
Pizza Pizza Royalty's current PB Ratio of 1.41 is near median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.85. The Restaurants industry median PB Ratio is 2.43. Pizza Pizza Royalty's value of 1.41 is 41.9% below this industry median. Based on the distribution chart, Pizza Pizza Royalty ranks #999999 out of 328 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Pizza Pizza Royalty has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pizza Pizza Royalty's PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Pizza Pizza Royalty ranks #999999 out of 328 companies for PB Ratio. This places Pizza Pizza Royalty in the lower half of its industry. The industry median PB Ratio is 2.43. Pizza Pizza Royalty's value of 1.41 is 41.9% below this benchmark. Historically, Pizza Pizza Royalty's own PB Ratio has ranged from 0.57 to 1.85 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 2.43, Pizza Pizza Royalty 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 2.43, based on 328 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. Pizza Pizza Royalty's current PB Ratio of 1.41 is 41.9% 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 Pizza Pizza Royalty and its competitors. For the Restaurants industry, the median PB Ratio is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizza Pizza Royalty's current PB Ratio is 1.41, which is near median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizza Pizza Royalty stock overvalued right now?
Based on GuruFocus' analysis, Pizza Pizza Royalty (TSX:PZA) is currently considered Significantly Undervalued. The stock's GF Value™ is C$33.42, compared to a current price of C$12.77 — trading 61.8% below its estimated fair value. The current PB Ratio is 1.41, which is near median its 10-year median of 1.41 and 41.9% below the Restaurants industry median of 2.43. Pizza Pizza Royalty's overall GF Score™ is 61/100 with 3 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 Pizza Pizza Royalty (TSX:PZA), the current PB Ratio is 1.41 as of Aug. 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 Pizza Pizza Royalty (TSX:PZA) Overvalued in 2026?
Based on GuruFocus' analysis, Pizza Pizza Royalty stock appears to be undervalued.
The current stock price of C$12.77 is trading 61.8% below its estimated GF Value™ of C$33.42.
GuruFocus considers Pizza Pizza Royalty to be Significantly Undervalued.
Key valuation signals for TSX:PZA:
PB Ratio: 1.41 (near median its 10-year median of 1.41)
GF Value™: C$33.42 vs. price of C$12.77 (61.8% below fair value)
Industry Position: 41.9% below the Restaurants median (#999999 of 328)
No single metric tells the full story. See the TSX:PZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pizza Pizza Royalty Corp through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It receives the benefit of Pizza Pizza Royalty and Pizza 73 Royalty payable by PPL under the Pizza Pizza Licence and Royalty Agreement and the Pizza 73 Licence and Royalty Agreement, respectively, as well as royalty payments under the international agreement, indirectly through its interests in the partnership.
61GF Score
Get the complete analysis for TSX:PZA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:PZA has been successfully added to your 
