Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
WesfarmersWFAFF 82 Price-to-Tangible-Book is 31.64 as of Aug. 31, 2026. GuruFocus rates WFAFF with a GF Score™ of 82/100 and a GF Value™ of $51.42 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 984 Retail - Cyclical companies, Wesfarmers ranks worse than 97.97% on this metric.
As of today (2026-08-31), Wesfarmers's share price is $59.0132. Wesfarmers's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $1.87. Hence, Wesfarmers's Price to Tangible Book Ratio of today is 31.64.
The historical rank and industry rank for Wesfarmers's Price-to-Tangible-Book or its related term are showing as below:
WFAFF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.1 Med: 18.27 Max: 34.06
Current: 30.11
During the past 13 years, Wesfarmers's highest Price to Tangible Book Ratio was 34.06. The lowest was 8.10. And the median was 18.27.
WFAFF's Price-to-Tangible-Book is ranked worse than 97.97% of 984
companies
in the Retail - Cyclical industry
Industry Median: 1.74
vs WFAFF: 30.11
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.
Wesfarmers Price-to-Tangible-Book Related Terms
Wesfarmers Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Wesfarmers'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.
WFAFF vs HD, LOW, FND: Price-to-Tangible-Book Comparison
For the Home Improvement Retail subindustry, Wesfarmers'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.
Wesfarmers Price-to-Tangible-Book vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Wesfarmers's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Wesfarmers'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.
Wesfarmers (WFAFF) has a Price-to-Tangible-Book of 31.64 as of Aug. 31, 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 Wesfarmers and its competitors. According to the industry distribution chart, Wesfarmers ranks #964 out of 984 companies in the Retail - Cyclical industry, placing it in the top 98%.
Is Wesfarmers' Price-to-Tangible-Book too high?
Wesfarmers' current Price-to-Tangible-Book is 31.64. The Retail - Cyclical industry median Price-to-Tangible-Book is 1.74. Wesfarmers' value of 31.64 is 1718.4% above this industry median. Based on the distribution chart, Wesfarmers ranks #964 out of 984 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Wesfarmers has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wesfarmers' Price-to-Tangible-Book compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Wesfarmers ranks #964 out of 984 companies for Price-to-Tangible-Book. This places Wesfarmers in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.74. Wesfarmers' value of 31.64 is 1718.4% 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 a Retail - Cyclical company?
The median Price-to-Tangible-Book among Retail - Cyclical companies is 1.74, based on 984 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. Wesfarmers's current Price-to-Tangible-Book of 31.64 is 1718.4% 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 Wesfarmers and its competitors. For the Retail - Cyclical industry, the median Price-to-Tangible-Book is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesfarmers's current Price-to-Tangible-Book is 31.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesfarmers stock overvalued right now?
Based on GuruFocus' analysis, Wesfarmers (WFAFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $51.42, compared to a current price of $59.01 — trading 14.8% above its estimated fair value. The current Price-to-Tangible-Book is 31.64 and 1718.4% above the Retail - Cyclical industry median of 1.74. Wesfarmers' overall GF Score™ is 82/100 with 5 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 Wesfarmers (WFAFF), the current Price-to-Tangible-Book is 31.64 as of Aug. 31, 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 Wesfarmers (WFAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Wesfarmers stock appears to be overvalued.
The current stock price of $59.01 is trading 14.8% above its estimated GF Value™ of $51.42.
GuruFocus considers Wesfarmers to be Modestly Overvalued.
Key valuation signals for WFAFF:
Price-to-Tangible-Book: 31.64
GF Value™: $51.42 vs. price of $59.01 (14.8% above fair value)
Industry Position: 1718.4% above the Retail - Cyclical median (#964 of 984)
No single metric tells the full story. See the WFAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesfarmers is Australia's largest conglomerate. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three), and Officeworks in office supplies (number one). These activities account for the vast majority of group earnings before taxes. Other operations include chemicals and fertilizers, lithium mining, industrial and safety supplies, and health. Management is focused on generating cash and creating shareholder wealth in the long term.
82GF Score
Get the complete analysis for WFAFF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WFAFF has been successfully added to your 
