Delivery Hero SEXSWX:DHER -2.01%66 PB Ratio is 6.46 as of Jun. 26, 2026, which is 55% above its 10-year median of 4.18. GuruFocus rates XSWX:DHER with a GF Score™ of 66/100 and a GF Value™ of CHF185.70 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Delivery Hero SE ranks worse than 89.14% 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), Delivery Hero SE's share price is CHF33.12. Delivery Hero SE's Book Value per Share for the quarter that ended in Dec. 2025 was CHF5.13. Hence, Delivery Hero SE's PB Ratio of today is 6.46.
Warning Sign:
Delivery Hero SE stock PB Ratio (=6.68) is close to 3-year high of 7.14.
The historical rank and industry rank for Delivery Hero SE's PB Ratio or its related term are showing as below:
XSWX:DHER'
s PB Ratio Range Over the Past 10 Years
Min: 1.29 Med: 4.18 Max: 23.63
Current: 6.36
During the past 13 years, Delivery Hero SE's highest PB Ratio was 23.63. The lowest was 1.29. And the median was 4.18.
XSWX:DHER's PB Ratio is ranked worse than 89.14% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs XSWX:DHER: 6.36
During the past 12 months, Delivery Hero SE's average Book Value Per Share Growth Rate was -39.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -27.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Delivery Hero SE was 184.00% per year. The lowest was -27.50% per year. And the median was 23.70% 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.
Delivery Hero SE PB Ratio Related Terms
Delivery Hero SE PB Ratio Historical Data
* Premium members only.
The historical data trend for Delivery Hero SE'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 Internet Retail subindustry, Delivery Hero SE'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.
Delivery Hero SE PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Delivery Hero SE'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.
Delivery Hero SE (XSWX:DHER) has a PB Ratio of 6.46 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 Delivery Hero SE and its competitors. This is 55% above median its historical median of 4.18. Over the past decade, Delivery Hero SE's PB Ratio has ranged from 1.29 to 23.63. According to the industry distribution chart, Delivery Hero SE ranks #960 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 89.1%.
Is Delivery Hero SE's PB Ratio too high?
Delivery Hero SE's current PB Ratio of 6.46 is 55% above median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 23.63. The Retail - Cyclical industry median PB Ratio is 1.44. Delivery Hero SE's value of 6.46 is 348.6% above this industry median. Based on the distribution chart, Delivery Hero SE ranks #960 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Delivery Hero SE has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Delivery Hero SE ranks #960 out of 1077 companies for PB Ratio. This places Delivery Hero SE in the lower half of its industry. The industry median PB Ratio is 1.44. Delivery Hero SE's value of 6.46 is 348.6% above this benchmark. Historically, Delivery Hero SE's own PB Ratio has ranged from 1.29 to 23.63 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 1.44, Delivery Hero SE 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 - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,077 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. Delivery Hero SE's current PB Ratio of 6.46 is 348.6% 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 Delivery Hero SE and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delivery Hero SE's current PB Ratio is 6.46, which is 55% above median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (XSWX:DHER) is currently considered Possible Value Trap. The stock's GF Value™ is CHF185.70, compared to a current price of CHF33.12 — trading 82.2% below its estimated fair value. The current PB Ratio is 6.46, which is 55% above median its 10-year median of 4.18 and 348.6% above the Retail - Cyclical industry median of 1.44. Delivery Hero SE's overall GF Score™ is 66/100 with 8 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 Delivery Hero SE (XSWX:DHER), the current PB Ratio is 6.46 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 Delivery Hero SE (XSWX:DHER) Overvalued in 2026?
Based on GuruFocus' analysis, Delivery Hero SE stock appears to be undervalued.
The current stock price of CHF33.12 is trading 82.2% below its estimated GF Value™ of CHF185.70.
GuruFocus considers Delivery Hero SE to be Possible Value Trap.
Key valuation signals for XSWX:DHER:
PB Ratio: 6.46 (55% above median its 10-year median of 4.18)
GF Value™: CHF185.70 vs. price of CHF33.12 (82.2% below fair value)
Industry Position: 348.6% above the Retail - Cyclical median (#960 of 1077)
No single metric tells the full story. See the XSWX:DHER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
66GF Score
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