Pets at Home Group Plc

LSE:PETS Stock Report

Market Cap: UK£802.2m

Pets at Home Group Valuation

Is PETS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of PETS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PETS (£1.84) is trading above our estimate of future cash flow value (£1.03)

Significantly Below Future Cash Flow Value: PETS is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PETS?

Key metric: As PETS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PETS. This is calculated by dividing PETS's market cap by their current earnings.
What is PETS's PE Ratio?
PE Ratio10.6x
EarningsUK£76.80m
Market CapUK£802.21m

Price to Earnings Ratio vs Peers

How does PETS's PE Ratio compare to its peers?

The above table shows the PE ratio for PETS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.2x
MOON Moonpig Group
13.6x8.70%UK£643.7m
WOSG Watches of Switzerland Group
15.4x16.90%UK£1.0b
FRAS Frasers Group
6.5x2.74%UK£2.8b
CARD Card Factory
5.1x4.10%UK£219.6m
PETS Pets at Home Group
10.6x-1.24%UK£813.7m

Price-To-Earnings vs Peers: PETS is expensive based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (10.2x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does PETS's PE Ratio compare vs other companies in the GB Specialty Retail Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
MTC Mothercare
1.4x-95.37%US$11.85m
No more companies available in this PE range
PETS 10.6xIndustry Avg. 11.1xNo. of Companies6PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PETS is good value based on its Price-To-Earnings Ratio (10.6x) compared to the UK Specialty Retail industry average (11.1x).


Price to Earnings Ratio vs Fair Ratio

What is PETS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PETS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.6x
Fair PE Ratio9x

Price-To-Earnings vs Fair Ratio: PETS is expensive based on its Price-To-Earnings Ratio (10.6x) compared to the estimated Fair Price-To-Earnings Ratio (9.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PETS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.84
UK£2.25
+22.20%
17.35%UK£3.00UK£1.80n/a10
Mar ’27UK£2.08
UK£2.25
+7.92%
17.18%UK£3.00UK£1.80n/a10
Feb ’27UK£2.05
UK£2.24
+9.68%
17.40%UK£3.00UK£1.80n/a10
Jan ’27UK£1.98
UK£2.24
+13.33%
17.40%UK£3.00UK£1.80n/a10
Dec ’26UK£2.19
UK£2.24
+2.28%
17.40%UK£3.00UK£1.80n/a10
Nov ’26UK£2.14
UK£2.33
+8.54%
24.61%UK£3.70UK£1.80n/a8
Oct ’26UK£2.09
UK£2.33
+11.46%
24.61%UK£3.70UK£1.80n/a8
Sep ’26UK£2.26
UK£2.76
+22.45%
20.03%UK£3.70UK£1.90n/a8
Aug ’26UK£2.20
UK£2.77
+25.85%
19.74%UK£3.70UK£1.90n/a8
Jul ’26UK£2.62
UK£2.97
+13.36%
14.71%UK£3.70UK£2.20n/a9
Jun ’26UK£2.67
UK£2.95
+10.47%
14.83%UK£3.70UK£2.10n/a10
May ’26UK£2.42
UK£2.84
+17.34%
15.78%UK£3.70UK£2.10n/a9
Apr ’26UK£2.16
UK£2.92
+35.16%
16.97%UK£3.75UK£2.20UK£1.849
Mar ’26UK£2.35
UK£3.26
+38.56%
13.87%UK£3.90UK£2.25UK£2.089
Feb ’26UK£2.26
UK£3.16
+39.77%
12.50%UK£3.75UK£2.25UK£2.059
Jan ’26UK£2.06
UK£3.22
+56.43%
13.58%UK£3.75UK£2.25UK£1.988
Dec ’25UK£2.33
UK£3.26
+40.15%
10.61%UK£3.75UK£2.60UK£2.198
Nov ’25UK£2.98
UK£3.59
+20.43%
12.51%UK£4.25UK£2.60UK£2.149
Oct ’25UK£3.00
UK£3.59
+19.63%
12.51%UK£4.25UK£2.60UK£2.099
Sep ’25UK£3.09
UK£3.59
+16.30%
12.51%UK£4.25UK£2.60UK£2.269
Aug ’25UK£3.01
UK£3.59
+19.23%
12.51%UK£4.25UK£2.60UK£2.209
Jul ’25UK£2.99
UK£3.61
+20.45%
13.23%UK£4.25UK£2.60UK£2.628
Jun ’25UK£2.96
UK£3.54
+19.66%
15.45%UK£4.25UK£2.45UK£2.679
May ’25UK£2.89
UK£3.66
+26.32%
15.52%UK£4.25UK£2.45UK£2.429
Apr ’25UK£2.68
UK£3.66
+36.20%
15.52%UK£4.25UK£2.45UK£2.169
UK£2.25
Fair Value
18.2% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/01 18:35
End of Day Share Price 2026/04/01 00:00
Earnings2025/10/09
Annual Earnings2025/03/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Pets at Home Group Plc is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard TaylorBarclays
Adam TomlinsonBerenberg
Timothy RamskillBofA Global Research