Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 4.24 is in line with its 5-year average of 4.23, around the middle of its 5-year range (3.23–5.51).
5.60% above its 12-month average of 4.02.
PB RATIO
4.24
PB RATIO AVG TTM
4.02
PB RATIO AVG 3Y
4.09
PB RATIO AVG 5Y
4.23
PB RATIO AVG 10Y
4.21
PB RATIO AVG 15Y
3.89
PB RATIO AVG 20Y
3.67
CURRENT VS TTM AVG
+5.60%
CURRENT VS 3Y AVG
+3.70%
CURRENT VS 5Y AVG
+0.24%
CURRENT VS 10Y AVG
+0.77%
CURRENT VS 15Y AVG
+9.07%
CURRENT VS 20Y AVG
+15.44%
SECTOR MEDIAN · BASIC MATERIALS
2.83
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+49.56%
vs the sector median at left
Air Products and Chemicals, Inc.
Market Cap
$66.33B
PB Ratio
4.24
TTM Avg
4.02
3Y Avg
4.09
5Y Avg
4.23
Market Cap
$78.31B
PB Ratio
17.78
TTM Avg
18.89
3Y Avg
20.68
5Y Avg
22.87
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air Products and Chemicals, Inc. (APD) | $66.33B | 4.24 | 4.02 | 4.09 | 4.23 |
| CRH plc (CRH)vs › | $66.73B | 2.89 | 3.62 | 3.12 | 2.63 |
| Vale S.A. (VALE)vs › | $63.07B | 1.73 | 1.52 | 1.40 | 1.71 |
| Barrick Mining Corporation (B)vs › | $62.20B | 2.27 | 2.47 | 1.70 | 1.58 |
| Corteva, Inc. (CTVA)vs › | $59.69B | 2.47 | 2.01 | 1.73 | 1.68 |
| Ecolab Inc. (ECL)vs › | $75.64B | 7.62 | 8.00 | 7.94 | 7.69 |
| Nucor Corporation (NUE)vs › | $56.38B | 2.65 | 1.97 | 1.86 | 2.05 |
| The Sherwin-Williams Company (SHW)vs › | $78.31B | 17.78 | 18.89 | 20.68 | 22.87 |
| Wheaton Precious Metals Corp. (WPM)vs › | $50.63B | 5.47 | 6.55 | 4.68 | 3.99 |
| Freeport-McMoRan Inc. (FCX)vs › | $90.02B | 4.49 | 4.12 | 3.75 | 3.81 |
At 4.24, P/B is richer than usual, sitting higher than 76% of its 20-year history.
20-year low
1.51
median
3.59
20-year high
5.96
P/B Ratio
4.24
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-07-24 | 4.24 |
| 2026-07-23 | 4.19 |
| 2026-07-22 | 4.23 |
| 2026-07-21 | 4.22 |
| 2026-07-20 | 4.22 |
| 2026-07-17 | 4.21 |
| 2026-07-16 | 4.23 |
| 2026-07-15 | 4.18 |
| 2026-07-14 | 4.26 |
| 2026-07-13 | 4.30 |
| 2026-07-10 | 4.27 |
| 2026-07-09 | 4.21 |
| 2026-07-08 | 4.23 |
| 2026-07-07 | 4.34 |
| 2026-07-06 | 4.40 |
| 2026-07-02 | 4.47 |
| 2026-07-01 | 4.36 |
| 2026-06-30 | 4.18 |
| 2026-06-29 | 3.86 |
| 2026-06-26 | 3.96 |
| 2026-06-25 | 3.99 |
| 2026-06-24 | 3.97 |
| 2026-06-23 | 4.02 |
| 2026-06-22 | 4.03 |
| 2026-06-18 | 3.99 |
| 2026-06-17 | 4.01 |
| 2026-06-16 | 3.99 |
| 2026-06-15 | 4.03 |
| 2026-06-12 | 4.01 |
| 2026-06-11 | 3.96 |
| 2026-06-10 | 3.94 |
| 2026-06-09 | 4.03 |
| 2026-06-08 | 3.94 |
| 2026-06-05 | 4.02 |
| 2026-06-04 | 4.03 |
| 2026-06-03 | 4.02 |
| 2026-06-02 | 3.98 |
| 2026-06-01 | 3.97 |
| 2026-05-29 | 3.97 |
| 2026-05-28 | 4.04 |
| 2026-05-27 | 4.07 |
| 2026-05-26 | 4.12 |
| 2026-05-22 | 4.12 |
| 2026-05-21 | 4.13 |
| 2026-05-20 | 4.12 |
| 2026-05-19 | 4.16 |
| 2026-05-18 | 4.18 |
| 2026-05-15 | 4.21 |
| 2026-05-14 | 4.27 |
| 2026-05-13 | 4.36 |
| 2026-05-12 | 4.32 |
| 2026-05-11 | 4.34 |
| 2026-05-08 | 4.21 |
| 2026-05-07 | 4.20 |
| 2026-05-06 | 4.28 |
| 2026-05-05 | 4.33 |
| 2026-05-04 | 4.25 |
| 2026-05-01 | 4.29 |
| 2026-04-30 | 4.27 |
| 2026-04-29 | 4.38 |
| 2026-04-28 | 4.39 |
| 2026-04-27 | 4.37 |
| 2026-04-24 | 4.36 |
| 2026-04-23 | 4.39 |
| 2026-04-22 | 4.29 |
| 2026-04-21 | 4.26 |
| 2026-04-20 | 4.28 |
| 2026-04-17 | 4.22 |
| 2026-04-16 | 4.30 |
| 2026-04-15 | 4.27 |
| 2026-04-14 | 4.29 |
| 2026-04-13 | 4.32 |
| 2026-04-10 | 4.32 |
| 2026-04-09 | 4.31 |
| 2026-04-08 | 4.29 |
| 2026-04-07 | 4.23 |
| 2026-04-06 | 4.25 |
| 2026-04-02 | 4.25 |
| 2026-04-01 | 4.19 |
| 2026-03-31 | 4.20 |
| 2026-03-30 | 4.22 |
| 2026-03-27 | 4.23 |
| 2026-03-26 | 4.24 |
| 2026-03-25 | 4.20 |
| 2026-03-24 | 4.14 |
| 2026-03-23 | 4.03 |
| 2026-03-20 | 4.06 |
| 2026-03-19 | 4.11 |
| 2026-03-18 | 4.07 |
| 2026-03-17 | 4.14 |
| 2026-03-16 | 4.18 |
| 2026-03-13 | 4.17 |
| 2026-03-12 | 4.20 |
| 2026-03-11 | 4.02 |
| 2026-03-10 | 3.98 |
| 2026-03-09 | 3.97 |
| 2026-03-06 | 3.94 |
| 2026-03-05 | 4.00 |
| 2026-03-04 | 3.97 |
| 2026-03-03 | 3.95 |
| 2026-03-02 | 4.00 |
| 2026-02-27 | 3.99 |
| 2026-02-26 | 4.00 |
| 2026-02-25 | 4.05 |
| 2026-02-24 | 4.04 |
| 2026-02-23 | 4.10 |
| 2026-02-20 | 4.07 |
| 2026-02-19 | 4.06 |
| 2026-02-18 | 4.08 |
| 2026-02-17 | 4.02 |
| 2026-02-13 | 4.05 |
| 2026-02-12 | 4.22 |
| 2026-02-11 | 4.24 |
| 2026-02-10 | 4.21 |
| 2026-02-09 | 4.14 |
| 2026-02-06 | 4.09 |
| 2026-02-05 | 4.10 |
| 2026-02-04 | 4.15 |
| 2026-02-03 | 4.02 |
| 2026-02-02 | 3.92 |
| 2026-01-30 | 3.94 |
| 2026-01-29 | 3.80 |
| 2026-01-28 | 3.80 |
| 2026-01-27 | 3.84 |
| 2026-01-26 | 3.90 |
| 2026-01-23 | 3.88 |
| 2026-01-22 | 3.92 |
| 2026-01-21 | 3.90 |
| 2026-01-20 | 3.83 |
| 2026-01-16 | 3.97 |
| 2026-01-15 | 3.95 |
| 2026-01-14 | 3.96 |
| 2026-01-13 | 3.95 |
| 2026-01-12 | 3.96 |
| 2026-01-09 | 3.91 |
| 2026-01-08 | 3.88 |
| 2026-01-07 | 3.88 |
| 2026-01-06 | 3.83 |
| 2026-01-05 | 3.77 |
| 2026-01-02 | 3.72 |
| 2025-12-31 | 3.66 |
| 2025-12-30 | 3.69 |
| 2025-12-29 | 3.68 |
| 2025-12-26 | 3.67 |
| 2025-12-24 | 3.65 |
| 2025-12-23 | 3.63 |
| 2025-12-22 | 3.63 |
| 2025-12-19 | 3.56 |
| 2025-12-18 | 3.62 |
| 2025-12-17 | 3.66 |
| 2025-12-16 | 3.59 |
| 2025-12-15 | 3.63 |
| 2025-12-12 | 3.60 |
| 2025-12-11 | 3.62 |
| 2025-12-10 | 3.51 |
| 2025-12-09 | 3.42 |
| 2025-12-08 | 3.50 |
| 2025-12-05 | 3.87 |
| 2025-12-04 | 3.88 |
| 2025-12-03 | 3.86 |
| 2025-12-02 | 3.81 |
| 2025-12-01 | 3.87 |
| 2025-11-28 | 3.87 |
| 2025-11-26 | 3.84 |
| 2025-11-25 | 3.84 |
| 2025-11-24 | 3.81 |
| 2025-11-21 | 3.82 |
| 2025-11-20 | 3.73 |
| 2025-11-19 | 3.63 |
| 2025-11-18 | 3.62 |
| 2025-11-17 | 3.63 |
| 2025-11-14 | 3.72 |
| 2025-11-13 | 3.77 |
| 2025-11-12 | 3.75 |
| 2025-11-11 | 3.76 |
| 2025-11-10 | 3.71 |
| 2025-11-07 | 3.73 |
| 2025-11-06 | 3.71 |
| 2025-11-05 | 3.41 |
| 2025-11-04 | 3.45 |
| 2025-11-03 | 3.43 |
| 2025-10-31 | 3.48 |
| 2025-10-30 | 3.51 |
| 2025-10-29 | 3.56 |
| 2025-10-28 | 3.65 |
| 2025-10-27 | 3.67 |
| 2025-10-24 | 3.66 |
| 2025-10-23 | 3.66 |
| 2025-10-22 | 3.63 |
| 2025-10-21 | 3.65 |
| 2025-10-20 | 3.65 |
| 2025-10-17 | 3.63 |
| 2025-10-16 | 3.63 |
| 2025-10-15 | 3.69 |
| 2025-10-14 | 3.76 |
| 2025-10-13 | 3.74 |
| 2025-10-10 | 3.69 |
| 2025-10-09 | 3.77 |
| 2025-10-08 | 3.85 |
| 2025-10-07 | 3.89 |
| 2025-10-06 | 3.89 |
| 2025-10-03 | 3.89 |
| 2025-10-02 | 3.88 |
| 2025-10-01 | 3.85 |
| 2025-09-30 | 3.91 |
| 2025-09-29 | 3.88 |
| 2025-09-26 | 3.83 |
| 2025-09-25 | 3.81 |
| 2025-09-24 | 3.91 |
| 2025-09-23 | 3.97 |
| 2025-09-22 | 4.12 |
| 2025-09-19 | 4.16 |
| 2025-09-18 | 4.20 |
| 2025-09-17 | 4.17 |
| 2025-09-16 | 4.09 |
| 2025-09-15 | 4.15 |
| 2025-09-12 | 4.20 |
| 2025-09-11 | 4.23 |
| 2025-09-10 | 4.12 |
| 2025-09-09 | 4.12 |
| 2025-09-08 | 4.14 |
| 2025-09-05 | 4.16 |
| 2025-09-04 | 4.16 |
| 2025-09-03 | 4.18 |
| 2025-09-02 | 4.19 |
| 2025-08-29 | 4.22 |
| 2025-08-28 | 4.23 |
| 2025-08-27 | 4.23 |
| 2025-08-26 | 4.22 |
| 2025-08-25 | 4.22 |
| 2025-08-22 | 4.29 |
| 2025-08-21 | 4.21 |
| 2025-08-20 | 4.19 |
| 2025-08-19 | 4.16 |
| 2025-08-18 | 4.13 |
| 2025-08-15 | 4.17 |
| 2025-08-14 | 4.19 |
| 2025-08-13 | 4.22 |
| 2025-08-12 | 4.15 |
| 2025-08-11 | 4.07 |
| 2025-08-08 | 4.14 |
| 2025-08-07 | 4.14 |
| 2025-08-06 | 4.15 |
| 2025-08-05 | 4.20 |
| 2025-08-04 | 4.12 |
| 2025-08-01 | 4.04 |
| 2025-07-31 | 4.13 |
| 2025-07-30 | 4.39 |
| 2025-07-29 | 4.47 |
| 2025-07-28 | 4.48 |
| 2025-07-25 | 4.53 |
| 2025-07-24 | 4.50 |
| 2025-07-23 | 4.51 |
| 2025-07-22 | 4.52 |
| 2025-07-21 | 4.45 |
| 2025-07-18 | 4.47 |
| 2025-07-17 | 4.45 |
| 2025-07-16 | 4.38 |
| 2025-07-15 | 4.34 |
| 2025-07-14 | 4.40 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.