PB Ratio: 3.43

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 3.43 is 30% below its estimated 5-year average of 4.91, near the low end of its estimated 5-year range (2.98–7.39).

As of 2026-09-24T14:01:06.793Z. 7.70% below its estimated 12-month average of 3.72.

CARR PB Ratio Metrics

P/B vs. estimated history

At 3.43, P/B is below its estimated 6-year median — higher than 5% 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.

Book Value Analysis

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for Carrier Global Corporation (CARR)?

The P/B ratio for CARR stock is 3.43.

Is Carrier Global Corporation's P/B ratio high or low?

The P/B ratio of 3.43 is 30% below its estimated 5-year average of 4.91, near the low end of its estimated 5-year range (2.98–7.39).

What is the estimated TTM average P/B ratio for Carrier Global Corporation (CARR)?

The estimated TTM average P/B ratio for CARR stock is 3.72.

What is the estimated 3Y average P/B ratio for Carrier Global Corporation (CARR)?

The estimated 3Y average P/B ratio for CARR stock is 4.51.

What is the estimated 5Y average P/B ratio for Carrier Global Corporation (CARR)?

The estimated 5Y average P/B ratio for CARR stock is 4.91.

Showing the most recent 260 of 1,524 data points. The chart above shows the full history.

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