Wendy's price to book ratio WEN
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 9.8×
- 10-year median
- 9.8×
- Against its 10-year history
- 52nd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.1× to 18.5×
- Peer median
- 2.8×
Wendy's' price to book ratio is 9.8× as of Oct 23, 2026.
That is above its ten-year median of 9.8×, close to the middle of its last ten years.
Over that time it ranged from 4.1× in Nov 2016 to 18.5× in May 2025.
The median for 10 restaurant stocks of a similar size is 2.8×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 9.8× | 9.7× | 15.1× |
| 2025 | 14.6× | 9.8× | 18.5× |
| 2024 | 12.9× | 11.0× | 15.4× |
| 2023 | 11.7× | 9.4× | 12.0× |
| 2022 | 11.0× | 7.8× | 11.3× |
| 2021 | 9.7× | 8.0× | 10.3× |
| 2020 | 9.4× | 4.7× | 11.6× |
| 2019 | 7.8× | 4.8× | 8.0× |
| 2018 | 4.7× | 4.7× | 10.1× |
| 2017 | 8.6× | 5.0× | 8.6× |
| 2016 | 5.1× | 3.4× | 5.2× |
| 2015 | 4.2× | 1.5× | 4.2× |
| 2014 | 1.9× | 1.6× | 2.0× |
| 2013 | 1.8× | 0.9× | 1.8× |
| 2012 | 0.9× | 0.8× | 1.0× |
| 2011 | 1.0× | 0.8× | 1.1× |
| 2010 | 0.9× | 0.8× | 1.0× |
Against its peers
Companies in Restaurants nearest Wendy's' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| WENWendy's | 9.8× |
| BJRIBJs RESTAURANTS INC | 3.0× |
| SGSweetgreen | 2.5× |
| CBRLCracker Barrel Old Country Store | 3.2× |
| BLMNBloomin' Brands | 1.8× |
| FWRGFirst Watch Restaurant | 1.1× |
| PZZAPapa Johns International | n/m |
| SHAKShake Shack | 5.1× |
| BRCBBlack Rock Coffee Bar | 9.0× |
| LOCOEl Pollo Loco | 1.4× |
| WINGWingstop | n/m |
| Peer median | 2.8× |
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 Wendy's
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.