Five Below price to book ratio FIVE

Market value divided by the book value of the company's net assets, since 2012.

Today, Oct 23, 2026: 5.0×
10-year median: 8.1×
Against its 10-year history: 19th; percentile: 0 is its lowest day, 100 its highest
10-year range: 1.7× to 14.5×
Peer median: 3.8×

Five Below's price to book ratio is 5.0× as of Oct 23, 2026.

That is below its ten-year median of 8.1×, lower than on 81% of days in the last ten years.

Over that time it ranged from 1.7× in Apr 2025 to 14.5× in Feb 2021.

The median for 6 discount retailers of a similar size is 3.8×.

Price to book ratio over time

median 8.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.0×	4.4×	6.3×
2025	5.4×	1.7×	5.4×
2024	3.7×	2.3×	8.2×
2023	8.5×	5.7×	9.9×
2022	8.3×	5.6×	10.1×
2021	11.2×	9.7×	14.5×
2020	13.0×	3.8×	13.0×
2019	10.8×	9.6×	13.7×
2018	10.5×	8.4×	14.4×
2017	9.6×	7.1×	9.7×
2016	7.9×	7.2×	11.0×
2015	8.8×	7.9×	15.6×
2014	15.0×	14.6×	26.5×
2013	25.9×	25.9×	45.9×
2012	34.9×	32.9×	45.1×

Against its peers

Companies in Discount Stores nearest Five Below's size, closest first, today.

Company	Price to book ratio
FIVEFive Below	5.0×
BJBJ's Wholesale Club	6.1×
DLTRDollar Tree	6.9×
PSMTPricesmart	3.8×
OLLIOllie's Bargain Outlet	2.7×
DGDollar General	3.2×
TGTTarget	3.9×
Peer median	3.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Five Below

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.