Prestige Consumer Healthcare Inc. (PBH) intrinsic value & 10-year financials

Prestige Consumer Healthcare Inc. (PBH) has a Graham intrinsic value of $82.65 per share. At $49.92 on Oct 17, 2026, the stock trades 40% below that value. Over the last 10 fiscal years revenue grew 2.4% a year to $1.1B, with an average return on invested capital of 6.5%.

Graham intrinsic value
$82.65
Share price (Oct 17, 2026)
$49.92
Price vs Graham value
40% below
Market cap
$2.4B
Revenue (FY2026)
$1.1B
Revenue growth (10-yr CAGR)
2.4%
ROIC (10-yr avg)
6.5%
Free cash flow (FY2026)
$246.4M

PBH 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $1.1B $190.3M $3.91 $246.4M 28.4% 8.1%
FY2025 $1.1B $214.6M $4.29 $243.3M 29.6% 9.2%
FY2024 $1.1B $209.3M $4.17 $239.4M 30.4% 9.5%
FY2023 $1.1B -$82.3M -$1.65 $221.9M -2.0% -0.7%
FY2022 $1.1B $205.4M $4.04 $250.3M 30.4% 8.8%
FY2021 $943.4M $164.7M $3.25 $213.4M 31.5% 8.5%
FY2020 $963.0M $142.3M $2.78 $202.6M 30.2% 7.6%
FY2019 $975.8M -$35.8M -$0.69 $178.8M 6.9% 2.1%
FY2018 $1.0B $339.6M $6.34 $197.6M 20.7% 7.1%
FY2017 $882.1M $69.4M $1.30 $144.8M 23.3% 4.3%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Prestige Consumer Healthcare Inc. has demonstrated mature, steady growth, with revenue compounding at 2.4% annually over the past decade.

Prestige Consumer Healthcare Inc. has historically struggled to out-earn its cost of capital, averaging just 6.4% ROIC.

Prestige Consumer Healthcare Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Prestige Consumer Healthcare Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $82.65 per share.

PBH stock: frequently asked questions

What is the intrinsic value of Prestige Consumer Healthcare Inc. (PBH) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, PBH's intrinsic value is about $82.65 per share.

Is PBH stock undervalued?

At $49.92 (close on Oct 17, 2026), PBH trades 40% below its Graham value of $82.65. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Prestige Consumer Healthcare Inc. grown?

Revenue went from $882.1M in fiscal 2017 to $1.1B in fiscal 2026, a compound annual growth rate of 2.4%. Net income was $190.3M in fiscal 2026.

Does Prestige Consumer Healthcare Inc. generate free cash flow?

Prestige Consumer Healthcare Inc. generated $246.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 10 of the last 10 reported years.

What is PBH's return on invested capital?

Average ROIC over the last 10 fiscal years was 6.5%, and average return on equity was 10.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this PBH data come from?

From Prestige Consumer Healthcare Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 14, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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