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 4.09 is 18% below its 5-year average of 4.97, near the low end of its 5-year range (2.98–7.69).
9.94% above its 12-month average of 3.72.
PB RATIO
4.09
PB RATIO AVG TTM
3.72
PB RATIO AVG 3Y
4.57
PB RATIO AVG 5Y
4.95
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.94%
CURRENT VS 3Y AVG
-10.52%
CURRENT VS 5Y AVG
-17.37%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.90
median of 127 covered companies
CURRENT VS SECTOR MEDIAN
-30.68%
vs the sector median at left
Market Cap
$49.29B
PB Ratio
4.41
TTM Avg
3.62
3Y Avg
3.04
5Y Avg
2.52
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $52.77B | 4.09 | 3.72 | 4.57 | 4.95 |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 2.71 | 2.97 | 2.45 | 2.39 |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 6.36 | 7.54 | 7.54 | 7.54 |
| HEICO Corporation (HEI-A)vs › | $51.29B | 7.87 | 7.88 | 7.51 | 7.34 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.29B | 4.41 | 3.62 | 3.04 | 2.52 |
| Rockwell Automation, Inc. (ROK)vs › | $49.08B | 14.21 | 12.58 | 10.44 | 11.25 |
| Ferrovial SE (FER)vs › | $48.24B | 7.30 | 6.84 | 6.06 | 5.63 |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.95B | 22.15 | 29.76 | 19.96 | 14.23 |
| AMETEK, Inc. (AME)vs › | $58.14B | 5.18 | 4.63 | 4.46 | 4.46 |
| Fastenal Company (FAST)vs › | $59.49B | 14.66 | 13.24 | 12.15 | 11.28 |
At 4.09, P/B is cheaper than usual, sitting higher than 16% of its 6-year history.
6-year low
2.98
median
5.14
6-year high
7.69
P/B Ratio
4.09
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 |
|---|---|
| 2026-08-07 | 4.09 |
| 2026-08-06 | 4.08 |
| 2026-08-05 | 4.18 |
| 2026-08-04 | 4.20 |
| 2026-08-03 | 4.03 |
| 2026-07-31 | 3.95 |
| 2026-07-30 | 3.92 |
| 2026-07-29 | 3.83 |
| 2026-07-28 | 4.03 |
| 2026-07-27 | 4.34 |
| 2026-07-24 | 4.32 |
| 2026-07-23 | 4.33 |
| 2026-07-22 | 4.27 |
| 2026-07-21 | 4.18 |
| 2026-07-20 | 4.20 |
| 2026-07-17 | 4.30 |
| 2026-07-16 | 4.34 |
| 2026-07-15 | 4.31 |
| 2026-07-14 | 4.37 |
| 2026-07-13 | 4.30 |
| 2026-07-10 | 4.34 |
| 2026-07-09 | 4.25 |
| 2026-07-08 | 4.18 |
| 2026-07-07 | 4.30 |
| 2026-07-06 | 4.39 |
| 2026-07-02 | 4.39 |
| 2026-07-01 | 4.52 |
| 2026-06-30 | 4.60 |
| 2026-06-29 | 4.60 |
| 2026-06-26 | 4.61 |
| 2026-06-25 | 4.76 |
| 2026-06-24 | 4.64 |
| 2026-06-23 | 4.43 |
| 2026-06-22 | 4.50 |
| 2026-06-18 | 4.50 |
| 2026-06-17 | 4.35 |
| 2026-06-16 | 4.46 |
| 2026-06-15 | 4.46 |
| 2026-06-12 | 4.38 |
| 2026-06-11 | 4.37 |
| 2026-06-10 | 4.26 |
| 2026-06-09 | 4.46 |
| 2026-06-08 | 4.22 |
| 2026-06-05 | 4.21 |
| 2026-06-04 | 4.29 |
| 2026-06-03 | 4.23 |
| 2026-06-02 | 4.16 |
| 2026-06-01 | 4.08 |
| 2026-05-29 | 4.00 |
| 2026-05-28 | 4.00 |
| 2026-05-27 | 4.04 |
| 2026-05-26 | 4.07 |
| 2026-05-22 | 3.96 |
| 2026-05-21 | 3.90 |
| 2026-05-20 | 3.98 |
| 2026-05-19 | 3.85 |
| 2026-05-18 | 4.04 |
| 2026-05-15 | 4.05 |
| 2026-05-14 | 4.18 |
| 2026-05-13 | 4.11 |
| 2026-05-12 | 4.11 |
| 2026-05-11 | 4.13 |
| 2026-05-08 | 4.19 |
| 2026-05-07 | 4.21 |
| 2026-05-06 | 4.25 |
| 2026-05-05 | 4.02 |
| 2026-05-04 | 4.13 |
| 2026-05-01 | 4.24 |
| 2026-04-30 | 4.21 |
| 2026-04-29 | 3.79 |
| 2026-04-28 | 3.80 |
| 2026-04-27 | 3.80 |
| 2026-04-24 | 3.74 |
| 2026-04-23 | 3.77 |
| 2026-04-22 | 3.72 |
| 2026-04-21 | 3.79 |
| 2026-04-20 | 3.78 |
| 2026-04-17 | 3.76 |
| 2026-04-16 | 3.66 |
| 2026-04-15 | 3.59 |
| 2026-04-14 | 3.97 |
| 2026-04-13 | 3.95 |
| 2026-04-10 | 3.89 |
| 2026-04-09 | 3.77 |
| 2026-04-08 | 3.58 |
| 2026-04-07 | 3.40 |
| 2026-04-06 | 3.41 |
| 2026-04-02 | 3.42 |
| 2026-04-01 | 3.49 |
| 2026-03-31 | 3.45 |
| 2026-03-30 | 3.33 |
| 2026-03-27 | 3.33 |
| 2026-03-26 | 3.35 |
| 2026-03-25 | 3.63 |
| 2026-03-24 | 3.59 |
| 2026-03-23 | 3.58 |
| 2026-03-20 | 3.56 |
| 2026-03-19 | 3.62 |
| 2026-03-18 | 3.53 |
| 2026-03-17 | 3.49 |
| 2026-03-16 | 3.43 |
| 2026-03-13 | 3.41 |
| 2026-03-12 | 3.46 |
| 2026-03-11 | 3.60 |
| 2026-03-10 | 3.58 |
| 2026-03-09 | 3.60 |
| 2026-03-06 | 3.58 |
| 2026-03-05 | 3.70 |
| 2026-03-04 | 3.75 |
| 2026-03-03 | 3.75 |
| 2026-03-02 | 3.92 |
| 2026-02-27 | 3.95 |
| 2026-02-26 | 3.85 |
| 2026-02-25 | 3.77 |
| 2026-02-24 | 3.90 |
| 2026-02-23 | 3.89 |
| 2026-02-20 | 3.93 |
| 2026-02-19 | 3.86 |
| 2026-02-18 | 3.95 |
| 2026-02-17 | 4.07 |
| 2026-02-13 | 4.01 |
| 2026-02-12 | 3.98 |
| 2026-02-11 | 4.12 |
| 2026-02-10 | 4.04 |
| 2026-02-09 | 4.01 |
| 2026-02-06 | 3.92 |
| 2026-02-05 | 3.87 |
| 2026-02-04 | 3.76 |
| 2026-02-03 | 3.62 |
| 2026-02-02 | 3.57 |
| 2026-01-30 | 3.53 |
| 2026-01-29 | 3.54 |
| 2026-01-28 | 3.43 |
| 2026-01-27 | 3.38 |
| 2026-01-26 | 3.39 |
| 2026-01-23 | 3.39 |
| 2026-01-22 | 3.40 |
| 2026-01-21 | 3.42 |
| 2026-01-20 | 3.27 |
| 2026-01-16 | 3.33 |
| 2026-01-15 | 3.29 |
| 2026-01-14 | 3.29 |
| 2026-01-13 | 3.27 |
| 2026-01-12 | 3.28 |
| 2026-01-09 | 3.33 |
| 2026-01-08 | 3.19 |
| 2026-01-07 | 3.11 |
| 2026-01-06 | 3.17 |
| 2026-01-05 | 3.18 |
| 2026-01-02 | 3.17 |
| 2025-12-31 | 3.13 |
| 2025-12-30 | 3.16 |
| 2025-12-29 | 3.17 |
| 2025-12-26 | 3.17 |
| 2025-12-24 | 3.17 |
| 2025-12-23 | 3.16 |
| 2025-12-22 | 3.15 |
| 2025-12-19 | 3.18 |
| 2025-12-18 | 3.15 |
| 2025-12-17 | 3.10 |
| 2025-12-16 | 3.16 |
| 2025-12-15 | 3.11 |
| 2025-12-12 | 3.13 |
| 2025-12-11 | 3.20 |
| 2025-12-10 | 3.16 |
| 2025-12-09 | 3.13 |
| 2025-12-08 | 3.14 |
| 2025-12-05 | 3.21 |
| 2025-12-04 | 3.23 |
| 2025-12-03 | 3.23 |
| 2025-12-02 | 3.18 |
| 2025-12-01 | 3.21 |
| 2025-11-28 | 3.25 |
| 2025-11-26 | 3.22 |
| 2025-11-25 | 3.19 |
| 2025-11-24 | 3.06 |
| 2025-11-21 | 3.10 |
| 2025-11-20 | 2.98 |
| 2025-11-19 | 3.03 |
| 2025-11-18 | 3.08 |
| 2025-11-17 | 3.14 |
| 2025-11-14 | 3.20 |
| 2025-11-13 | 3.26 |
| 2025-11-12 | 3.31 |
| 2025-11-11 | 3.37 |
| 2025-11-10 | 3.39 |
| 2025-11-07 | 3.40 |
| 2025-11-06 | 3.35 |
| 2025-11-05 | 3.36 |
| 2025-11-04 | 3.41 |
| 2025-11-03 | 3.42 |
| 2025-10-31 | 3.52 |
| 2025-10-30 | 3.48 |
| 2025-10-29 | 3.60 |
| 2025-10-28 | 3.48 |
| 2025-10-27 | 3.43 |
| 2025-10-24 | 3.41 |
| 2025-10-23 | 3.36 |
| 2025-10-22 | 3.34 |
| 2025-10-21 | 3.52 |
| 2025-10-20 | 3.40 |
| 2025-10-17 | 3.31 |
| 2025-10-16 | 3.34 |
| 2025-10-15 | 3.37 |
| 2025-10-14 | 3.39 |
| 2025-10-13 | 3.35 |
| 2025-10-10 | 3.34 |
| 2025-10-09 | 3.42 |
| 2025-10-08 | 3.52 |
| 2025-10-07 | 3.49 |
| 2025-10-06 | 3.52 |
| 2025-10-03 | 3.51 |
| 2025-10-02 | 3.47 |
| 2025-10-01 | 3.50 |
| 2025-09-30 | 3.52 |
| 2025-09-29 | 3.48 |
| 2025-09-26 | 3.47 |
| 2025-09-25 | 3.46 |
| 2025-09-24 | 3.47 |
| 2025-09-23 | 3.52 |
| 2025-09-22 | 3.55 |
| 2025-09-19 | 3.56 |
| 2025-09-18 | 3.60 |
| 2025-09-17 | 3.58 |
| 2025-09-16 | 3.59 |
| 2025-09-15 | 3.61 |
| 2025-09-12 | 3.63 |
| 2025-09-11 | 3.67 |
| 2025-09-10 | 3.68 |
| 2025-09-09 | 3.74 |
| 2025-09-08 | 3.86 |
| 2025-09-05 | 3.86 |
| 2025-09-04 | 3.74 |
| 2025-09-03 | 3.68 |
| 2025-09-02 | 3.74 |
| 2025-08-29 | 3.84 |
| 2025-08-28 | 3.90 |
| 2025-08-27 | 3.98 |
| 2025-08-26 | 3.92 |
| 2025-08-25 | 3.89 |
| 2025-08-22 | 3.99 |
| 2025-08-21 | 3.83 |
| 2025-08-20 | 3.94 |
| 2025-08-19 | 3.95 |
| 2025-08-18 | 3.92 |
| 2025-08-15 | 3.85 |
| 2025-08-14 | 3.87 |
| 2025-08-13 | 3.95 |
| 2025-08-12 | 3.87 |
| 2025-08-11 | 3.82 |
| 2025-08-08 | 3.89 |
| 2025-08-07 | 3.91 |
| 2025-08-06 | 3.89 |
| 2025-08-05 | 3.91 |
| 2025-08-04 | 3.92 |
| 2025-08-01 | 3.94 |
| 2025-07-31 | 4.04 |
| 2025-07-30 | 4.02 |
| 2025-07-29 | 4.22 |
| 2025-07-28 | 5.08 |
Showing the most recent 260 of 1,512 data points. The chart above shows the full history.