Emmi AG (XSWX:EMMN) PB Ratio: 4.32 (As of Jun. 25, 2026) — 13% Above Median


XSWX:EMMN Emmi AG XSWX:EMMN
89 GF Score
Price CHF874.00
GF Value CHF965.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Emmi AG PB Ratio?

Emmi AG XSWX:EMMN +1.63% 89 PB Ratio is 4.32 as of Jun. 25, 2026, which is 13% above its 10-year median of 3.82. GuruFocus rates XSWX:EMMN with a GF Score™ of 89/100 and a GF Value™ of CHF965.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Emmi AG ranks worse than 87.92% 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 (2026-06-25), Emmi AG's share price is CHF874.00. Emmi AG's Book Value per Share for the quarter that ended in Dec. 2025 was CHF202.16. Hence, Emmi AG's PB Ratio of today is 4.32.

Warning Sign:

Emmi AG stock PB Ratio (=4.25) is close to 3-year high of 4.5.

The historical rank and industry rank for Emmi AG's PB Ratio or its related term are showing as below:

XSWX:EMMN' s PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 3.82   Max: 5.52
Current: 4.32

During the past 13 years, Emmi AG's highest PB Ratio was 5.52. The lowest was 2.31. And the median was 3.82.

XSWX:EMMN's PB Ratio is ranked worse than
87.92% of 1896 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XSWX:EMMN: 4.32

During the past 12 months, Emmi AG's average Book Value Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emmi AG was 9.80% per year. The lowest was -51.90% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


Emmi AG  (XSWX:EMMN) 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.


Emmi AG PB Ratio Related Terms


Emmi AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Emmi AG'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.

Emmi AG PB Ratio Chart

Emmi AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 3.58 3.77 3.96 3.64

Emmi AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.77 3.59 3.96 4.42 3.64

XSWX:EMMN vs KHC, GIS, JBS: PB Ratio Comparison

For the Packaged Foods subindustry, Emmi AG'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.


Emmi AG PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Emmi AG's PB Ratio falls into.


XSWX:EMMN
89GF Score
Emmi AG XSWX:EMMN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmi AG 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.

Emmi AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=874.00/202.156
=4.32

* 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 4.32 mean?
Emmi AG (XSWX:EMMN) has a PB Ratio of 4.32 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Emmi AG and its competitors. This is 13% above median its historical median of 3.82. Over the past decade, Emmi AG's PB Ratio has ranged from 2.31 to 5.52. According to the industry distribution chart, Emmi AG ranks #1667 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 87.9%.
Is Emmi AG's PB Ratio too high?
Emmi AG's current PB Ratio of 4.32 is 13% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 5.52. The Consumer Packaged Goods industry median PB Ratio is 1.34. Emmi AG's value of 4.32 is 222.4% above this industry median. Based on the distribution chart, Emmi AG ranks #1667 out of 1896 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Emmi AG has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emmi AG's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Emmi AG ranks #1667 out of 1896 companies for PB Ratio. This places Emmi AG in the lower half of its industry. The industry median PB Ratio is 1.34. Emmi AG's value of 4.32 is 222.4% above this benchmark. Historically, Emmi AG's own PB Ratio has ranged from 2.31 to 5.52 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 1.34, Emmi AG 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.34, based on 1,896 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. Emmi AG's current PB Ratio of 4.32 is 222.4% 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 Emmi AG and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmi AG's current PB Ratio is 4.32, which is 13% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmi AG stock overvalued right now?
Based on GuruFocus' analysis, Emmi AG (XSWX:EMMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF965.46, compared to a current price of CHF874.00 — trading 9.5% below its estimated fair value. The current PB Ratio is 4.32, which is 13% above median its 10-year median of 3.82 and 222.4% above the Consumer Packaged Goods industry median of 1.34. Emmi AG's overall GF Score™ is 89/100 with 4 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 Emmi AG (XSWX:EMMN), the current PB Ratio is 4.32 as of Jun. 25, 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 Emmi AG (XSWX:EMMN) Overvalued in 2026?

Based on GuruFocus' analysis, Emmi AG stock appears to be undervalued. The current stock price of CHF874.00 is trading 9.5% below its estimated GF Value™ of CHF965.46. GuruFocus considers Emmi AG to be Fairly Valued.

Key valuation signals for XSWX:EMMN:

  • PB Ratio: 4.32 (13% above median its 10-year median of 3.82)
  • GF Value™: CHF965.46 vs. price of CHF874.00 (9.5% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 222.4% above the Consumer Packaged Goods median (#1667 of 1896)

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


Emmi AG Business Description

Address Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world. By product category, dairy products, cheese, and fresh products are the main segments. The company also offers powder/concentrates among other products/services.
89GF Score

Get the complete analysis for XSWX:EMMN

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

CHF874.00
Price
CHF965.46
GF Value