Basis: FMP quote market capitalization / matching reported stockholders equity. 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 48.53 is 182% above its estimated 4-year average of 17.20, around the middle of its estimated 4-year range (4.57–119.99).
As of 2026-09-19T00:15:26.723Z. 15.60% below its estimated 12-month average of 57.50.
Calculation as of: 2026-09-19T00:15:26.723Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3a54e39bb9399445e2a5626262f3c228906885325656408e318781602a70c503
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
48.53
PB RATIO AVG TTM
57.50
PB RATIO AVG 3Y
21.09
PB RATIO AVG 5Y
17.20
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-15.60%
CURRENT VS 3Y AVG
+130.16%
CURRENT VS 5Y AVG
+182.17%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.17
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+838.68%
vs the sector median at left
Market Cap
$76.90B
PB Ratio
2.34
TTM Avg
2.11
3Y Avg
2.22
5Y Avg
2.56
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bloom Energy Corporation (BE) | $78.24B | 48.53 | 57.50 | 21.09 | 17.20 |
| Illinois Tool Works Inc. (ITW)vs › | $77.51B | 26.78 | 24.11 | 24.03 | 22.79 |
| Cintas Corporation (CTAS)vs › | $79.09B | 15.39 | 16.22 | 17.28 | 15.60 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.90B | 2.34 | 2.11 | 2.22 | 2.56 |
| Northrop Grumman Corporation (NOC)vs › | $74.92B | 4.19 | 5.17 | 4.93 | 5.03 |
| Cummins Inc. (CMI)vs › | $73.44B | 5.72 | 6.42 | 4.95 | 4.46 |
| Emerson Electric Co. (EMR)vs › | $83.97B | 4.12 | 3.92 | 3.39 | 4.03 |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 5.58 | 5.46 | 6.07 | 7.96 |
| Waste Management, Inc. (WM)vs › | $84.38B | 8.50 | 9.24 | 10.40 | 9.99 |
| Canadian National Railway Company (CNI)vs › | $71.95B | 4.66 | 4.30 | 4.66 | 4.89 |
At 48.53, P/B is above its estimated 6-year median — higher than 78% of readings in its estimated 6-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 6-year low
4.57
median
12.47
estimated 6-year high
799.91
P/B Ratio
48.53
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 |
|---|---|
| 2026-09-11 | 55.31 |
| 2026-09-10 | 51.85 |
| 2026-09-09 | 54.01 |
| 2026-09-08 | 55.60 |
| 2026-09-04 | 50.72 |
| 2026-09-03 | 47.25 |
| 2026-09-02 | 43.58 |
| 2026-09-01 | 42.85 |
| 2026-08-31 | 41.38 |
| 2026-08-28 | 42.28 |
| 2026-08-27 | 43.69 |
| 2026-08-26 | 43.77 |
| 2026-08-25 | 43.62 |
| 2026-08-24 | 40.92 |
| 2026-08-21 | 40.41 |
| 2026-08-20 | 40.61 |
| 2026-08-19 | 41.45 |
| 2026-08-18 | 41.92 |
| 2026-08-17 | 46.57 |
| 2026-08-14 | 46.12 |
| 2026-08-13 | 47.38 |
| 2026-08-12 | 47.57 |
| 2026-08-11 | 42.36 |
| 2026-08-10 | 42.25 |
| 2026-08-07 | 43.99 |
| 2026-08-06 | 45.92 |
| 2026-08-05 | 47.00 |
| 2026-08-04 | 45.75 |
| 2026-08-03 | 43.79 |
| 2026-07-31 | 41.28 |
| 2026-07-30 | 41.54 |
| 2026-07-29 | 32.84 |
| 2026-07-28 | 57.89 |
| 2026-07-27 | 65.29 |
| 2026-07-24 | 64.15 |
| 2026-07-23 | 75.39 |
| 2026-07-22 | 75.71 |
| 2026-07-21 | 78.50 |
| 2026-07-20 | 68.37 |
| 2026-07-17 | 74.58 |
| 2026-07-16 | 71.73 |
| 2026-07-15 | 83.05 |
| 2026-07-14 | 84.45 |
| 2026-07-13 | 81.01 |
| 2026-07-10 | 84.87 |
| 2026-07-09 | 89.17 |
| 2026-07-08 | 88.23 |
| 2026-07-07 | 93.53 |
| 2026-07-06 | 102.37 |
| 2026-07-02 | 93.99 |
| 2026-07-01 | 100.44 |
| 2026-06-30 | 105.02 |
| 2026-06-29 | 95.42 |
| 2026-06-26 | 87.44 |
| 2026-06-25 | 107.27 |
| 2026-06-24 | 113.17 |
| 2026-06-23 | 111.71 |
| 2026-06-22 | 119.99 |
| 2026-06-18 | 114.12 |
| 2026-06-17 | 98.88 |
| 2026-06-16 | 97.45 |
| 2026-06-15 | 95.24 |
| 2026-06-12 | 90.28 |
| 2026-06-11 | 86.35 |
| 2026-06-10 | 81.27 |
| 2026-06-09 | 90.07 |
| 2026-06-08 | 87.98 |
| 2026-06-05 | 91.46 |
| 2026-06-04 | 101.09 |
| 2026-06-03 | 99.69 |
| 2026-06-02 | 105.08 |
| 2026-06-01 | 94.90 |
| 2026-05-29 | 98.88 |
| 2026-05-28 | 100.62 |
| 2026-05-27 | 101.94 |
| 2026-05-26 | 104.92 |
| 2026-05-22 | 104.95 |
| 2026-05-21 | 106.82 |
| 2026-05-20 | 97.95 |
| 2026-05-19 | 90.67 |
| 2026-05-18 | 89.76 |
| 2026-05-15 | 95.74 |
| 2026-05-14 | 105.27 |
| 2026-05-13 | 100.53 |
| 2026-05-12 | 97.39 |
| 2026-05-11 | 98.51 |
| 2026-05-08 | 90.57 |
| 2026-05-07 | 89.74 |
| 2026-05-06 | 99.05 |
| 2026-05-05 | 102.44 |
| 2026-05-04 | 100.15 |
| 2026-05-01 | 100.80 |
| 2026-04-30 | 98.31 |
| 2026-04-29 | 99.91 |
| 2026-04-28 | 77.64 |
| 2026-04-27 | 80.49 |
| 2026-04-24 | 79.28 |
| 2026-04-23 | 81.48 |
| 2026-04-22 | 78.80 |
| 2026-04-21 | 75.76 |
| 2026-04-20 | 74.86 |
| 2026-04-17 | 71.29 |
| 2026-04-16 | 72.04 |
| 2026-04-15 | 73.34 |
| 2026-04-14 | 75.12 |
| 2026-04-13 | 60.59 |
| 2026-04-10 | 57.17 |
| 2026-04-09 | 54.92 |
| 2026-04-08 | 50.34 |
| 2026-04-07 | 46.61 |
| 2026-04-06 | 46.30 |
| 2026-04-02 | 46.52 |
| 2026-04-01 | 45.43 |
| 2026-03-31 | 46.47 |
| 2026-03-30 | 40.99 |
| 2026-03-27 | 45.70 |
| 2026-03-26 | 45.79 |
| 2026-03-25 | 51.52 |
| 2026-03-24 | 50.03 |
| 2026-03-23 | 48.47 |
| 2026-03-20 | 51.49 |
| 2026-03-19 | 57.17 |
| 2026-03-18 | 53.70 |
| 2026-03-17 | 54.89 |
| 2026-03-16 | 52.71 |
| 2026-03-13 | 52.99 |
| 2026-03-12 | 53.90 |
| 2026-03-11 | 54.60 |
| 2026-03-10 | 52.82 |
| 2026-03-09 | 51.90 |
| 2026-03-06 | 46.37 |
| 2026-03-05 | 54.85 |
| 2026-03-04 | 56.51 |
| 2026-03-03 | 52.48 |
| 2026-03-02 | 56.93 |
| 2026-02-27 | 53.39 |
| 2026-02-26 | 57.81 |
| 2026-02-25 | 59.94 |
| 2026-02-24 | 57.00 |
| 2026-02-23 | 54.97 |
| 2026-02-20 | 50.60 |
| 2026-02-19 | 54.53 |
| 2026-02-18 | 53.94 |
| 2026-02-17 | 49.84 |
| 2026-02-13 | 47.93 |
| 2026-02-12 | 47.68 |
| 2026-02-11 | 53.34 |
| 2026-02-10 | 50.98 |
| 2026-02-09 | 55.82 |
| 2026-02-06 | 51.45 |
| 2026-02-05 | 49.14 |
| 2026-02-04 | 53.01 |
| 2026-02-03 | 60.76 |
| 2026-02-02 | 56.17 |
| 2026-01-30 | 54.45 |
| 2026-01-29 | 56.30 |
| 2026-01-28 | 59.50 |
| 2026-01-27 | 54.79 |
| 2026-01-26 | 50.23 |
| 2026-01-23 | 52.12 |
| 2026-01-22 | 52.39 |
| 2026-01-21 | 54.16 |
| 2026-01-20 | 54.59 |
| 2026-01-16 | 53.78 |
| 2026-01-15 | 50.06 |
| 2026-01-14 | 48.01 |
| 2026-01-13 | 50.28 |
| 2026-01-12 | 49.24 |
| 2026-01-09 | 48.23 |
| 2026-01-08 | 43.83 |
| 2026-01-07 | 38.85 |
| 2026-01-06 | 37.06 |
| 2026-01-05 | 37.37 |
| 2026-01-02 | 35.50 |
| 2025-12-31 | 31.26 |
| 2025-12-30 | 31.40 |
| 2025-12-29 | 31.80 |
| 2025-12-26 | 32.44 |
| 2025-12-24 | 33.05 |
| 2025-12-23 | 32.89 |
| 2025-12-22 | 33.19 |
| 2025-12-19 | 31.95 |
| 2025-12-18 | 28.85 |
| 2025-12-17 | 27.69 |
| 2025-12-16 | 31.52 |
| 2025-12-15 | 32.22 |
| 2025-12-12 | 34.17 |
| 2025-12-11 | 39.21 |
| 2025-12-10 | 36.44 |
| 2025-12-09 | 39.37 |
| 2025-12-08 | 40.21 |
| 2025-12-05 | 42.87 |
| 2025-12-04 | 42.48 |
| 2025-12-03 | 36.87 |
| 2025-12-02 | 37.77 |
| 2025-12-01 | 35.59 |
| 2025-11-28 | 39.30 |
| 2025-11-26 | 36.38 |
| 2025-11-25 | 33.92 |
| 2025-11-24 | 34.38 |
| 2025-11-21 | 32.37 |
| 2025-11-20 | 33.59 |
| 2025-11-19 | 39.19 |
| 2025-11-18 | 37.76 |
| 2025-11-17 | 38.53 |
| 2025-11-14 | 40.25 |
| 2025-11-13 | 37.25 |
| 2025-11-12 | 45.59 |
| 2025-11-11 | 45.71 |
| 2025-11-10 | 50.09 |
| 2025-11-07 | 48.64 |
| 2025-11-06 | 49.23 |
| 2025-11-05 | 50.87 |
| 2025-11-04 | 46.42 |
| 2025-11-03 | 51.22 |
| 2025-10-31 | 47.54 |
| 2025-10-30 | 45.99 |
| 2025-10-29 | 48.10 |
| 2025-10-28 | 44.30 |
| 2025-10-27 | 42.45 |
| 2025-10-24 | 43.17 |
| 2025-10-23 | 39.67 |
| 2025-10-22 | 36.91 |
| 2025-10-21 | 40.82 |
| 2025-10-20 | 42.65 |
| 2025-10-17 | 43.61 |
| 2025-10-16 | 45.01 |
| 2025-10-15 | 45.59 |
| 2025-10-14 | 44.61 |
| 2025-10-13 | 42.99 |
| 2025-10-10 | 33.98 |
| 2025-10-09 | 33.89 |
| 2025-10-08 | 34.25 |
| 2025-10-07 | 33.66 |
| 2025-10-06 | 34.01 |
| 2025-10-03 | 35.31 |
| 2025-10-02 | 34.42 |
| 2025-10-01 | 35.27 |
| 2025-09-30 | 33.08 |
| 2025-09-29 | 28.79 |
| 2025-09-26 | 27.50 |
| 2025-09-25 | 26.86 |
| 2025-09-24 | 27.06 |
| 2025-09-23 | 30.26 |
| 2025-09-22 | 33.74 |
| 2025-09-19 | 33.22 |
| 2025-09-18 | 31.67 |
| 2025-09-17 | 31.16 |
| 2025-09-16 | 28.66 |
| 2025-09-15 | 26.21 |
| 2025-09-12 | 26.31 |
| 2025-09-11 | 26.32 |
| 2025-09-10 | 24.62 |
| 2025-09-09 | 21.51 |
| 2025-09-08 | 20.90 |
| 2025-09-05 | 22.32 |
| 2025-09-04 | 21.48 |
| 2025-09-03 | 20.51 |
| 2025-09-02 | 20.08 |
| 2025-08-29 | 20.70 |
Showing the most recent 260 of 1,077 data points. The chart above shows the full history.