Grove Collaborative Holdings (Grove Collaborative Holdings) PB Ratio : 7.34 (As of May. 05, 2024)

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What is Grove Collaborative Holdings PB Ratio?

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 (2024-05-05), Grove Collaborative Holdings's share price is $1.57. Grove Collaborative Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $0.21. Hence, Grove Collaborative Holdings's PB Ratio of today is 7.34.

The historical rank and industry rank for Grove Collaborative Holdings's PB Ratio or its related term are showing as below:

GROV' s PB Ratio Range Over the Past 10 Years
Min: 1.59 Med: 4.67 Max: 14.87
Current: 7.34

During the past 5 years, Grove Collaborative Holdings's highest PB Ratio was 14.87. The lowest was 1.59. And the median was 4.67.

GROV's PB Ratio is ranked worse than
94.32% of 1796 companies
in the Consumer Packaged Goods industry
Industry Median: 1.515 vs GROV: 7.34

During the past 12 months, Grove Collaborative Holdings's average Book Value Per Share Growth Rate was -71.30% per year.

Back to Basics: PB Ratio

Grove Collaborative Holdings PB Ratio Historical Data

The historical data trend for Grove Collaborative Holdings'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.

* Premium members only.

Grove Collaborative Holdings PB Ratio Chart

Grove Collaborative Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

2.67

8.27

Grove Collaborative Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial								2.67	2.83	3.05	7.07	8.27

Competitive Comparison of Grove Collaborative Holdings's PB Ratio

For the Household & Personal Products subindustry, Grove Collaborative Holdings'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.

Grove Collaborative Holdings's PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Grove Collaborative Holdings's PB Ratio falls into.

Grove Collaborative Holdings 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.

Grove Collaborative Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.57	/	0.214
	=	7.34

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Grove Collaborative Holdings (NYSE:GROV) 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.

Grove Collaborative Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Grove Collaborative Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Grove Collaborative Holdings (Grove Collaborative Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grove Collaborative Holdings Inc (NYSE:GROV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 Sansome Street, San Francisco, CA, USA, 94111

Website

https://www.grove.co

Grove Collaborative Holdings Inc is engaged in providing consumer products. It offers Cleaning accessories, Home and Pantry, Personal care products, Pets supplements and Other products.

Executives

Christopher Clark	director, officer: Chief Digital Officer	C/O GROVE COLLABORATIVE INC., 1301 SANSOME STREET, SAN FRANCISCO CA 94111
Stuart Landesberg	director, 10 percent owner, officer: President & CEO	C/O GROVE COLLABORATIVE INC., 1301 SANSOME STREET, SAN FRANCISCO CA 94111
Mayfield Xv, A Cayman Islands Exempted Limited Partnership	10 percent owner	2484 SAND HILL ROAD, MENLO PARK CA 94025
John B Replogle	director	C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
David A. Glazer	director	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Sergio Cervantes	officer: Chief Financial Officer	C/O GROVE COLLABORATIVE INC., 1301 SANSOME STREET, SAN FRANCISCO CA 94111
Jennie Perry	officer: Chief Marketing Officer	C/O GROVE COLLABORATIVE INC., 1301 SANSOME STREET, SAN FRANCISCO CA 94111
Sculptor Master Fund, Ltd.	10 percent owner	9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Kevin Michael Cleary	director	C/O GROVE COLLABORATIVE HOLDINGS, INC., 1301 SANSOME STREET, SAN FRANCISCO CA 94111
Oz Enhanced Master Fund, Ltd.	10 percent owner	9 WEST 57TH STREET, 39 FL., NEW YORK NY 10019
Sculptor Special Funding, Lp	10 percent owner	9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Holding Corp	10 percent owner	9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Holding Ii Llc	10 percent owner	9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Jon Erik Kossow	10 percent owner	525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94025
Kristine E Miller	director	C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012