The Wendy's CoWEN -6.74%61 PB Ratio is 12.06 as of Jun. 26, 2026, which is 24% above its 10-year median of 9.71. GuruFocus rates WEN with a GF Score™ of 61/100 and a GF Value™ of $18.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 327 Restaurants companies, The Wendy's Co ranks worse than 92.66% 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 (2026-06-26), The Wendy's Co's share price is $7.32. The Wendy's Co's Book Value per Share for the quarter that ended in Mar. 2026 was $0.61. Hence, The Wendy's Co's PB Ratio of today is 12.06.
Good Sign:
The Wendy's Co stock PB Ratio (=12.06) is close to 2-year low of 11.02.
The historical rank and industry rank for The Wendy's Co's PB Ratio or its related term are showing as below:
WEN'
s PB Ratio Range Over the Past 10 Years
Min: 3.65 Med: 9.71 Max: 20
Current: 12.06
During the past 13 years, The Wendy's Co's highest PB Ratio was 20.00. The lowest was 3.65. And the median was 9.71.
WEN's PB Ratio is ranked worse than 92.66% of 327
companies
in the Restaurants industry
Industry Median: 2.3
vs WEN: 12.06
During the past 12 months, The Wendy's Co's average Book Value Per Share Growth Rate was -8.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -34.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -21.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -10.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Wendy's Co was 248.40% per year. The lowest was -40.90% per year. And the median was -7.80% 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.
The Wendy's Co PB Ratio Related Terms
The Wendy's Co PB Ratio Historical Data
* Premium members only.
The historical data trend for The Wendy's Co'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, The Wendy's Co'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.
The Wendy's Co PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Wendy's Co'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.
The Wendy's Co's PB Ratio for today is calculated as follows:
* 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.
The Wendy's Co (WEN) has a PB Ratio of 12.06 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on The Wendy's Co and its competitors. This is 24% above median its historical median of 9.71. Over the past decade, The Wendy's Co's PB Ratio has ranged from 3.65 to 20.00. According to the industry distribution chart, The Wendy's Co ranks #303 out of 327 companies in the Restaurants industry, placing it in the top 92.7%.
Is The Wendy's Co's PB Ratio too high?
The Wendy's Co's current PB Ratio of 12.06 is 24% above median its 10-year median of 9.71. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 20.00. The Restaurants industry median PB Ratio is 2.30. The Wendy's Co's value of 12.06 is 424.3% above this industry median. Based on the distribution chart, The Wendy's Co ranks #303 out of 327 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, The Wendy's Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Wendy's Co's PB Ratio compare to SG and PZZA?
According to the Restaurants industry distribution chart, The Wendy's Co ranks #303 out of 327 companies for PB Ratio. This places The Wendy's Co in the lower half of its industry. The industry median PB Ratio is 2.30. The Wendy's Co's value of 12.06 is 424.3% above this benchmark. Historically, The Wendy's Co's own PB Ratio has ranged from 3.65 to 20.00 over the past decade. While the company's 10-year median is 9.71 vs. the industry median of 2.30, The Wendy's Co 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.30, 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. The Wendy's Co's current PB Ratio of 12.06 is 424.3% 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 The Wendy's Co and its competitors. For the Restaurants industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Wendy's Co's current PB Ratio is 12.06, which is 24% above median its own 10-year median of 9.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wendy's Co stock overvalued right now?
Based on GuruFocus' analysis, The Wendy's Co (WEN) is currently considered Possible Value Trap. The stock's GF Value™ is $18.41, compared to a current price of $7.32 — trading 60.2% below its estimated fair value. The current PB Ratio is 12.06, which is 24% above median its 10-year median of 9.71 and 424.3% above the Restaurants industry median of 2.30. The Wendy's Co's overall GF Score™ is 61/100 with 6 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 The Wendy's Co (WEN), the current PB Ratio is 12.06 as of Jun. 26, 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 The Wendy's Co (WEN) Overvalued in 2026?
Based on GuruFocus' analysis, The Wendy's Co stock appears to be undervalued.
The current stock price of $7.32 is trading 60.2% below its estimated GF Value™ of $18.41.
GuruFocus considers The Wendy's Co to be Possible Value Trap.
Key valuation signals for WEN:
PB Ratio: 12.06 (24% above median its 10-year median of 9.71)
GF Value™: $18.41 vs. price of $7.32 (60.2% below fair value)
Industry Position: 424.3% above the Restaurants median (#303 of 327)
No single metric tells the full story. See the WEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Wendy's Co is engaged in operating, developing, and franchising a system of distinctive quick-service restaurants serving high-quality food. The company operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development. Wendy's U.S. and Wendy's International include the operation and franchising of restaurants and derive revenues from sales at company-operated restaurants, as well as royalties, franchise fees, and advertising fund collections from franchised restaurants. Global Real Estate & Development includes real estate activities for owned and leased sites that are leased or subleased to franchisees and includes the company's share of income from its Canadian restaurant real estate joint venture.
61GF Score
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