Question 1

What is Dollar General's P/B ratio?

Accepted Answer

Dollar General (DG) P/B ratio is 2.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Dollar General?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Dollar General specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Dollar General's P/B ratio high or low?

Accepted Answer

Dollar General's P/B ratio of 2.6× is below its own 5-year average of 5.6× and below the sector median of 3.4×. That places the current reading at the 11th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Dollar General's historical P/B ratio range?

Accepted Answer

In the available daily series, Dollar General (DG) P/B ratio has ranged from a low of 2.1× in 2025 to a high of 9.9× in 2022. The 5-year average is 5.6× and the 5-year median is 4.4×.

Question 7

What was Dollar General's P/B ratio in 2026?

Accepted Answer

Dollar General (DG) P/B ratio at the end of 2026 was 3.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Dollar General's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$31.58B	$8.51B	3.7×	+1.6×	Jan 30, 2026
2025	$15.63B	$7.41B	2.1×	-2.3×	Jan 31, 2025
2024	$29.90B	$6.75B	4.4×	-4.7×	Feb 2, 2024
2023	$50.54B	$5.54B	9.1×	+1.6×	Feb 3, 2023
2022	$47.22B	$6.26B	7.5×	+0.4×	Jan 28, 2022
2021	$47.39B	$6.66B	7.1×	+1.3×	Jan 29, 2021
2020	$38.87B	$6.70B	5.8×	+1.1×	Jan 31, 2020
2019	$30.07B	$6.42B	4.7×	+0.3×	Feb 1, 2019
2018	$26.88B	$6.13B	4.4×	+0.7×	Feb 2, 2018
2017	$20.20B	$5.41B	3.7×	-0.3×	Feb 3, 2017
2016	$21.65B	$5.38B	4.0×	+0.5×	Jan 29, 2016
2015	$20.33B	$5.71B	3.6×	+0.2×	Jan 30, 2015
2014	$17.91B	$5.40B	3.3×	+0.3×	Jan 31, 2014
2013	$15.16B	$4.99B	3.0×	-0.0×	Feb 1, 2013
2012	$14.26B	$4.67B	3.1×	+0.7×	Feb 3, 2012
2011	$9.69B	$4.05B	2.4×	+0.1×	Jan 28, 2011
2010	$7.92B	$3.39B	2.3×	-0.2×	Jan 29, 2010
2009	$7.18B	$2.83B	2.5×	-0.1×	Jan 30, 2009
2008	$7.13B	$2.70B	2.6×	-1.4×	Feb 1, 2008
2007	$7.11B	$1.75B	4.1×	-0.1×	Feb 2, 2007
2006	$7.22B	$1.72B	4.2×	-0.2×	Feb 3, 2006
2005	$7.45B	$1.68B	4.4×	-0.4×	Jan 28, 2005
2004	$7.64B	$1.58B	4.8×	-1.0×	Jan 30, 2004
2003	$7.58B	$1.29B	5.9×	-1.4×	Jan 31, 2003
2002	$7.56B	$1.04B	7.3×	—	Jan 31, 2002


Albertsons Companies (ACI)	5.0×
Coca-Cola Europacific Partners (CCEP)	4.4×
Marzetti (MZTI)	3.6×
Lamb Weston (LW)	3.6×
Target (TGT)	3.6×
Constellation Brands (STZ)	3.4×
Tootsie Roll Industries (TR)	3.4×
Kenvue (KVUE)	3.1×
Brown-Forman (BF-B)	2.9×
Mondelez International (MDLZ)	2.9×
Performance Food Group (PFGC)	2.7×
McCormick & Company (MKC)	2.7×
General Mills (GIS)	2.6×
J. M. Smucker (SJM)	2.1×
Campbell Soup (CPB)	2.0×
Andersons (ANDE)	1.9×
Archer-Daniels-Midland (ADM)	1.5×
Bunge Global S.A. (BG)	1.5×
Hormel Foods (HRL)	1.5×
Keurig Dr Pepper (KDP)	1.4×
Tyson Foods (TSN)	1.2×
Conagra Brands (CAG)	1.1×
Universal Corporation (UVV)	0.9×
Molson Coors Beverage (TAP)	0.8×
Kraft Heinz (KHC)	0.6×

P/B Ratio for Dollar General (DG)

P/B Ratio daily chart for Dollar General (DG)

Historical P/B Ratio for Dollar General (DG) from 2002 to 2026

About P/B Ratio at Dollar General (DG)

Dollar General P/B Ratio by Year

Dollar General P/B Ratio 2026: 3.7×

Dollar General P/B Ratio 2025: 2.1×

Dollar General P/B Ratio 2024: 4.4×

Dollar General P/B Ratio 2023: 9.1×

Dollar General P/B Ratio 2022: 7.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Dollar General (DG) Key Financials

P/B Ratio daily chart for Dollar General (DG)

Historical P/B Ratio for Dollar General (DG) from 2002 to 2026

About P/B Ratio at Dollar General (DG)

Dollar General P/B Ratio by Year

Dollar General P/B Ratio 2026: 3.7×

Dollar General P/B Ratio 2025: 2.1×

Dollar General P/B Ratio 2024: 4.4×

Dollar General P/B Ratio 2023: 9.1×

Dollar General P/B Ratio 2022: 7.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Dollar General's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Dollar General?

+Is Dollar General's P/B ratio high or low?

+What is Dollar General's historical P/B ratio range?

+What was Dollar General's P/B ratio in 2026?

+Why does Dollar General's P/B ratio change over time?

Dollar General (DG) Key Financials