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Freshpet (Freshpet) PB Ratio : 5.38 (As of Apr. 27, 2024)


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What is Freshpet 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 (2024-04-27), Freshpet's share price is $106.36. Freshpet's Book Value per Share for the quarter that ended in Dec. 2023 was $19.76. Hence, Freshpet's PB Ratio of today is 5.38.

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

FRPT' s PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 5.54   Max: 20.45
Current: 5.38

During the past 12 years, Freshpet's highest PB Ratio was 20.45. The lowest was 1.83. And the median was 5.54.

FRPT's PB Ratio is ranked worse than
90.36% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 1.49 vs FRPT: 5.38

During the past 12 months, Freshpet's average Book Value Per Share Growth Rate was -8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 51.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Freshpet was 80.80% per year. The lowest was 2.50% per year. And the median was 26.80% per year.

Back to Basics: PB Ratio


Freshpet PB Ratio Historical Data

The historical data trend for Freshpet'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.

Freshpet PB Ratio Chart

Freshpet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.27 14.67 5.75 2.46 4.39

Freshpet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.46 3.36 3.38 3.39 4.39

Competitive Comparison of Freshpet's PB Ratio

For the Packaged Foods subindustry, Freshpet'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.


Freshpet's PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Freshpet 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.

Freshpet's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=106.36/19.755
=5.38

* 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.


Freshpet  (NAS:FRPT) 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.


Freshpet PB Ratio Related Terms

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


Freshpet (Freshpet) Business Description

Traded in Other Exchanges
Address
400 Plaza Drive, 1st Floor, Secaucus, NJ, USA, 07094
Freshpet Inc manufactures and markets natural fresh meals and treats for dogs and cats. The Company's products are distributed throughout the United States, Canada and other international markets, into major retail classes including Grocery (including online), Mass and Club, Pet Specialty, and Natural retail. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.
Executives
Stephen Macchiaverna officer: EVP, Secretary & Treasurer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Nishu D. Patel officer: Vice President and Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Walter N. George director 4100 N. MULBERRY DRIVE, SUITE 200, KANSAS CITY MO 64116
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
David Biegger director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Cathal Walsh officer: See Remarks C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Todd E Cunfer officer: Chief Financial Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Stephen Weise officer: EVp of Manufg & Supply Chain C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
J David Basto director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Charles A Norris director, 10 percent owner 481 DENSLOW AVE, LOS ANGELES CA 90049
William B. Cyr officer: Chief Executive Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Scott James Morris officer: Chief Marketing Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Ivan Garcia officer: VP of Finance & Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Craig D. Steeneck director 13665 VANDERBILT DRIVE, UNIT 704, NAPLES FL 34110
Daryl G Brewster director KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103