PB Ratio: 18.59

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 18.59 is 115% above its estimated 5-year average of 8.63, around the middle of its estimated 5-year range (5.36–26.58).

As of 2026-09-16T22:30:20.011Z. 8.48% above its estimated 12-month average of 17.14.

CAT PB Ratio Metrics

P/B vs. estimated history

At 18.59, P/B is above its estimated 20-year median — higher than 98% of readings in its estimated 20-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 Caterpillar Inc. (CAT)?

The P/B ratio for CAT stock is 18.59.

Is Caterpillar Inc.'s P/B ratio high or low?

The P/B ratio of 18.59 is 115% above its estimated 5-year average of 8.63, around the middle of its estimated 5-year range (5.36–26.58).

What is the estimated TTM average P/B ratio for Caterpillar Inc. (CAT)?

The estimated TTM average P/B ratio for CAT stock is 17.14.

What is the estimated 3Y average P/B ratio for Caterpillar Inc. (CAT)?

The estimated 3Y average P/B ratio for CAT stock is 10.70.

What is the estimated 5Y average P/B ratio for Caterpillar Inc. (CAT)?

The estimated 5Y average P/B ratio for CAT stock is 8.63.

What is the estimated 10Y average P/B ratio for Caterpillar Inc. (CAT)?

The estimated 10Y average P/B ratio for CAT stock is 6.68.

What is the estimated 15Y average P/B ratio for Caterpillar Inc. (CAT)?

The estimated 15Y average P/B ratio for CAT stock is 5.51.

What is the estimated 20Y average P/B ratio for Caterpillar Inc. (CAT)?

The estimated 20Y average P/B ratio for CAT stock is 5.30.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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