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Fastenal CoFAST -0.66%97 Price-to-Tangible-Book is 13.67 as of Sep. 10, 2026. GuruFocus rates FAST with a GF Score™ of 97/100 and a GF Value™ of $46.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 141 Industrial Distribution companies, Fastenal Co ranks worse than 92.2% on this metric.
As of today (2026-09-10), Fastenal Co's share price is $48.48. Fastenal Co's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $3.55. Hence, Fastenal Co's Price to Tangible Book Ratio of today is 13.67.
The historical rank and industry rank for Fastenal Co's Price-to-Tangible-Book or its related term are showing as below:
FAST'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.2 Med: 9.02 Max: 14.46
Current: 13.66
During the past 13 years, Fastenal Co's highest Price to Tangible Book Ratio was 14.46. The lowest was 6.20. And the median was 9.02.
FAST's Price-to-Tangible-Book is ranked worse than 92.2% of 141
companies
in the Industrial Distribution industry
Industry Median: 1.27
vs FAST: 13.66
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Fastenal Co Price-to-Tangible-Book Related Terms
Fastenal Co Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Fastenal Co's Price-to-Tangible-Book 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.
FAST vs GWW, FERG, WCC: Price-to-Tangible-Book Comparison
For the Industrial Distribution subindustry, Fastenal Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Fastenal Co Price-to-Tangible-Book vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Fastenal Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Fastenal Co's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Fastenal Co (FAST) has a Price-to-Tangible-Book of 13.67 as of Sep. 10, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Fastenal Co and its competitors. According to the industry distribution chart, Fastenal Co ranks #130 out of 141 companies in the Industrial Distribution industry, placing it in the top 92.2%.
Is Fastenal Co's Price-to-Tangible-Book too high?
Fastenal Co's current Price-to-Tangible-Book is 13.67. The Industrial Distribution industry median Price-to-Tangible-Book is 1.27. Fastenal Co's value of 13.67 is 976.4% above this industry median. Based on the distribution chart, Fastenal Co ranks #130 out of 141 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Fastenal Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's Price-to-Tangible-Book compare to GWW and FERG?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #130 out of 141 companies for Price-to-Tangible-Book. This places Fastenal Co in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.27. Fastenal Co's value of 13.67 is 976.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Industrial Distribution company?
The median Price-to-Tangible-Book among Industrial Distribution companies is 1.27, based on 141 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current Price-to-Tangible-Book of 13.67 is 976.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Fastenal Co and its competitors. For the Industrial Distribution industry, the median Price-to-Tangible-Book is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current Price-to-Tangible-Book is 13.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastenal Co stock overvalued right now?
Based on GuruFocus' analysis, Fastenal Co (FAST) is currently considered Fairly Valued. The stock's GF Value™ is $46.35, compared to a current price of $48.48 — trading 4.6% above its estimated fair value. The current Price-to-Tangible-Book is 13.67 and 976.4% above the Industrial Distribution industry median of 1.27. Fastenal Co's overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Fastenal Co (FAST), the current Price-to-Tangible-Book is 13.67 as of Sep. 10, 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 Fastenal Co (FAST) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of $48.48 is trading 4.6% above its estimated GF Value™ of $46.35.
GuruFocus considers Fastenal Co to be Fairly Valued.
Key valuation signals for FAST:
Price-to-Tangible-Book: 13.67
GF Value™: $46.35 vs. price of $48.48 (4.6% above fair value)
Industry Position: 976.4% above the Industrial Distribution median (#130 of 141)
No single metric tells the full story. See the FAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.
97GF Score
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