The Home DepotXSWX:HD +3.50%83 PB Ratio is 25.13 as of Jun. 25, 2026, which is 78% below its 10-year median of 113.15. GuruFocus rates XSWX:HD with a GF Score™ of 83/100 and a GF Value™ of CHF312.72. The stock has 3 warning signs investors should review. Among 1,077 Retail - Cyclical companies, The Home Depot ranks worse than 98.05% 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), The Home Depot's share price is CHF275.46. The Home Depot's Book Value per Share for the quarter that ended in Apr. 2026 was CHF10.96. Hence, The Home Depot's PB Ratio of today is 25.13.
Good Sign:
The Home Depot Inc stock PB Ratio (=23.31) is close to 10-year low of 21.38.
The historical rank and industry rank for The Home Depot's PB Ratio or its related term are showing as below:
XSWX:HD'
s PB Ratio Range Over the Past 10 Years
Min: 21.38 Med: 113.15 Max: 1391
Current: 24.13
During the past 13 years, The Home Depot's highest PB Ratio was 1391.00. The lowest was 21.38. And the median was 113.15.
XSWX:HD's PB Ratio is ranked worse than 98.05% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.45
vs XSWX:HD: 24.13
During the past 12 months, The Home Depot's average Book Value Per Share Growth Rate was 74.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 103.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Home Depot was 103.10% per year. The lowest was -43.90% per year. And the median was 15.40% 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 Home Depot PB Ratio Related Terms
The Home Depot PB Ratio Historical Data
* Premium members only.
The historical data trend for The Home Depot'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 Home Improvement Retail subindustry, The Home Depot'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 Home Depot PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Home Depot'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 Home Depot'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 Home Depot (XSWX:HD) has a PB Ratio of 25.13 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 The Home Depot and its competitors. This is 78% below median its historical median of 113.15. Over the past decade, The Home Depot's PB Ratio has ranged from 21.38 to 1,391.00. According to the industry distribution chart, The Home Depot ranks #1056 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 98.1%.
Is The Home Depot's PB Ratio too high?
The Home Depot's current PB Ratio of 25.13 is 78% below median its 10-year median of 113.15. Over the past 10 years, this metric has ranged from a low of 21.38 to a high of 1,391.00. The Retail - Cyclical industry median PB Ratio is 1.45. The Home Depot's value of 25.13 is 1633.1% above this industry median. Based on the distribution chart, The Home Depot ranks #1056 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, The Home Depot has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does The Home Depot's PB Ratio compare to LOW and FND?
According to the Retail - Cyclical industry distribution chart, The Home Depot ranks #1056 out of 1077 companies for PB Ratio. This places The Home Depot in the lower half of its industry. The industry median PB Ratio is 1.45. The Home Depot's value of 25.13 is 1633.1% above this benchmark. Historically, The Home Depot's own PB Ratio has ranged from 21.38 to 1,391.00 over the past decade. While the company's 10-year median is 113.15 vs. the industry median of 1.45, The Home Depot 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 1.45, 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. The Home Depot's current PB Ratio of 25.13 is 1633.1% 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 Home Depot and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Home Depot's current PB Ratio is 25.13, which is 78% below median its own 10-year median of 113.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Home Depot stock overvalued right now?
The Home Depot (XSWX:HD) has a current PB Ratio of 25.13. The stock's GF Value™ is CHF312.72, compared to a current price of CHF275.46 — trading 11.9% below its estimated fair value. The current PB Ratio is 25.13, which is 78% below median its 10-year median of 113.15 and 1633.1% above the Retail - Cyclical industry median of 1.45. The Home Depot's overall GF Score™ is 83/100 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 The Home Depot (XSWX:HD), the current PB Ratio is 25.13 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 The Home Depot (XSWX:HD) Overvalued in 2026?
Based on GuruFocus' analysis, The Home Depot stock appears to be undervalued.
The current stock price of CHF275.46 is trading 11.9% below its estimated GF Value™ of CHF312.72.
Key valuation signals for XSWX:HD:
PB Ratio: 25.13 (78% below median its 10-year median of 113.15)
GF Value™: CHF312.72 vs. price of CHF275.46 (11.9% below fair value)
Industry Position: 1633.1% above the Retail - Cyclical median (#1056 of 1077)
No single metric tells the full story. See the XSWX:HD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Home Depot is the world's largest home improvement specialty retailer, operating 2,361 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The 2024 tie-up with SRS will help grow professional demand in roofing, pool, and landscaping projects, while the 2025 purchase of GMS will lift building product sales through 1,250 distribution locations.
83GF Score
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