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 15.84 is in line with its 5-year average of 15.50, around the middle of its 5-year range (10.84–23.12).
4.04% below its 12-month average of 16.51.
PB RATIO
15.84
PB RATIO AVG TTM
16.51
PB RATIO AVG 3Y
17.19
PB RATIO AVG 5Y
15.50
PB RATIO AVG 10Y
11.69
PB RATIO AVG 15Y
8.95
PB RATIO AVG 20Y
7.23
CURRENT VS TTM AVG
-4.04%
CURRENT VS 3Y AVG
-7.88%
CURRENT VS 5Y AVG
+2.19%
CURRENT VS 10Y AVG
+35.54%
CURRENT VS 15Y AVG
+77.06%
CURRENT VS 20Y AVG
+119.14%
SECTOR MEDIAN · INDUSTRIALS
5.78
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
+174.05%
vs the sector median at left
Market Cap
$80.39B
PB Ratio
2.46
TTM Avg
2.43
3Y Avg
2.35
5Y Avg
2.74
Market Cap
$77.15B
PB Ratio
5.01
TTM Avg
4.17
3Y Avg
4.66
5Y Avg
4.89
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $80.59B | 15.84 | 16.51 | 17.19 | 15.50 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.39B | 2.46 | 2.43 | 2.35 | 2.74 |
| Northrop Grumman Corporation (NOC)vs › | $79.20B | 4.44 | 5.27 | 4.92 | 5.04 |
| Honeywell International Inc. (HON)vs › | $78.64B | 3.14 | 3.96 | 3.97 | 3.94 |
| Canadian National Railway Company (CNI)vs › | $77.15B | 5.01 | 4.17 | 4.66 | 4.89 |
| Norfolk Southern Corporation (NSC)vs › | $76.76B | 4.73 | 4.38 | 4.15 | 4.25 |
| Illinois Tool Works Inc. (ITW)vs › | $85.54B | 29.49 | 23.79 | 23.91 | 22.66 |
| FedEx Corporation (FDX)vs › | $73.51B | 2.37 | 2.17 | 2.01 | 1.96 |
| United Rentals, Inc. (URI)vs › | $72.33B | 7.93 | 6.49 | 5.71 | 5.04 |
| Waste Management, Inc. (WM)vs › | $89.66B | 9.15 | 9.33 | 10.40 | 9.98 |
At 15.84, P/B is richer than usual, sitting higher than 89% of its 20-year history.
20-year low
1.19
median
5.62
20-year high
23.12
P/B Ratio
15.84
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 |
|---|---|
| 2026-08-05 | 15.84 |
| 2026-08-04 | 16.02 |
| 2026-08-03 | 16.05 |
| 2026-07-31 | 16.10 |
| 2026-07-30 | 16.27 |
| 2026-07-29 | 17.03 |
| 2026-07-28 | 18.26 |
| 2026-07-27 | 17.93 |
| 2026-07-24 | 17.49 |
| 2026-07-23 | 17.27 |
| 2026-07-22 | 17.11 |
| 2026-07-21 | 17.03 |
| 2026-07-20 | 17.15 |
| 2026-07-17 | 17.37 |
| 2026-07-16 | 17.52 |
| 2026-07-15 | 16.34 |
| 2026-07-14 | 15.66 |
| 2026-07-13 | 15.61 |
| 2026-07-10 | 15.26 |
| 2026-07-09 | 15.10 |
| 2026-07-08 | 15.31 |
| 2026-07-07 | 15.45 |
| 2026-07-06 | 15.14 |
| 2026-07-02 | 15.41 |
| 2026-07-01 | 14.80 |
| 2026-06-30 | 14.45 |
| 2026-06-29 | 14.37 |
| 2026-06-26 | 14.61 |
| 2026-06-25 | 14.37 |
| 2026-06-24 | 14.52 |
| 2026-06-23 | 14.34 |
| 2026-06-22 | 14.40 |
| 2026-06-18 | 14.52 |
| 2026-06-17 | 14.41 |
| 2026-06-16 | 15.01 |
| 2026-06-15 | 14.85 |
| 2026-06-12 | 14.98 |
| 2026-06-11 | 15.45 |
| 2026-06-10 | 15.33 |
| 2026-06-09 | 15.28 |
| 2026-06-08 | 14.75 |
| 2026-06-05 | 15.28 |
| 2026-06-04 | 15.29 |
| 2026-06-03 | 14.84 |
| 2026-06-02 | 14.72 |
| 2026-06-01 | 14.69 |
| 2026-05-29 | 14.55 |
| 2026-05-28 | 14.70 |
| 2026-05-27 | 14.43 |
| 2026-05-26 | 14.54 |
| 2026-05-22 | 14.69 |
| 2026-05-21 | 14.64 |
| 2026-05-20 | 14.56 |
| 2026-05-19 | 14.63 |
| 2026-05-18 | 14.83 |
| 2026-05-15 | 14.30 |
| 2026-05-14 | 14.10 |
| 2026-05-13 | 13.90 |
| 2026-05-12 | 14.05 |
| 2026-05-11 | 13.99 |
| 2026-05-08 | 14.19 |
| 2026-05-07 | 14.45 |
| 2026-05-06 | 14.39 |
| 2026-05-05 | 14.38 |
| 2026-05-04 | 14.18 |
| 2026-05-01 | 14.41 |
| 2026-04-30 | 14.84 |
| 2026-04-29 | 14.78 |
| 2026-04-28 | 14.80 |
| 2026-04-27 | 14.79 |
| 2026-04-24 | 14.95 |
| 2026-04-23 | 15.09 |
| 2026-04-22 | 14.84 |
| 2026-04-21 | 14.98 |
| 2026-04-20 | 15.18 |
| 2026-04-17 | 15.22 |
| 2026-04-16 | 15.08 |
| 2026-04-15 | 14.99 |
| 2026-04-14 | 14.97 |
| 2026-04-13 | 14.93 |
| 2026-04-10 | 14.86 |
| 2026-04-09 | 14.80 |
| 2026-04-08 | 14.83 |
| 2026-04-07 | 14.47 |
| 2026-04-06 | 15.66 |
| 2026-04-02 | 15.90 |
| 2026-04-01 | 15.69 |
| 2026-03-31 | 15.43 |
| 2026-03-30 | 15.39 |
| 2026-03-27 | 15.12 |
| 2026-03-26 | 15.40 |
| 2026-03-25 | 16.13 |
| 2026-03-24 | 16.25 |
| 2026-03-23 | 16.53 |
| 2026-03-20 | 16.36 |
| 2026-03-19 | 16.59 |
| 2026-03-18 | 16.92 |
| 2026-03-17 | 17.59 |
| 2026-03-16 | 17.58 |
| 2026-03-13 | 17.72 |
| 2026-03-12 | 17.63 |
| 2026-03-11 | 18.09 |
| 2026-03-10 | 17.91 |
| 2026-03-09 | 18.31 |
| 2026-03-06 | 18.57 |
| 2026-03-05 | 18.66 |
| 2026-03-04 | 18.26 |
| 2026-03-03 | 18.39 |
| 2026-03-02 | 18.39 |
| 2026-02-27 | 18.35 |
| 2026-02-26 | 18.09 |
| 2026-02-25 | 17.95 |
| 2026-02-24 | 18.11 |
| 2026-02-23 | 18.09 |
| 2026-02-20 | 18.25 |
| 2026-02-19 | 18.06 |
| 2026-02-18 | 17.92 |
| 2026-02-17 | 17.78 |
| 2026-02-13 | 17.65 |
| 2026-02-12 | 17.89 |
| 2026-02-11 | 18.28 |
| 2026-02-10 | 18.18 |
| 2026-02-09 | 17.77 |
| 2026-02-06 | 17.87 |
| 2026-02-05 | 17.71 |
| 2026-02-04 | 17.57 |
| 2026-02-03 | 17.40 |
| 2026-02-02 | 17.42 |
| 2026-01-30 | 17.46 |
| 2026-01-29 | 17.30 |
| 2026-01-28 | 17.26 |
| 2026-01-27 | 17.44 |
| 2026-01-26 | 17.69 |
| 2026-01-23 | 17.60 |
| 2026-01-22 | 17.61 |
| 2026-01-21 | 17.83 |
| 2026-01-20 | 17.67 |
| 2026-01-16 | 17.83 |
| 2026-01-15 | 17.84 |
| 2026-01-14 | 17.72 |
| 2026-01-13 | 17.58 |
| 2026-01-12 | 17.61 |
| 2026-01-09 | 17.62 |
| 2026-01-08 | 17.36 |
| 2026-01-07 | 17.03 |
| 2026-01-06 | 16.13 |
| 2026-01-05 | 15.96 |
| 2026-01-02 | 15.91 |
| 2025-12-31 | 16.19 |
| 2025-12-30 | 16.38 |
| 2025-12-29 | 16.44 |
| 2025-12-26 | 16.45 |
| 2025-12-24 | 16.45 |
| 2025-12-23 | 16.41 |
| 2025-12-22 | 16.52 |
| 2025-12-19 | 16.14 |
| 2025-12-18 | 16.34 |
| 2025-12-17 | 16.13 |
| 2025-12-16 | 16.15 |
| 2025-12-15 | 16.22 |
| 2025-12-12 | 16.14 |
| 2025-12-11 | 16.25 |
| 2025-12-10 | 15.97 |
| 2025-12-09 | 15.76 |
| 2025-12-08 | 15.75 |
| 2025-12-05 | 16.07 |
| 2025-12-04 | 15.84 |
| 2025-12-03 | 15.90 |
| 2025-12-02 | 15.85 |
| 2025-12-01 | 15.96 |
| 2025-11-28 | 16.01 |
| 2025-11-26 | 15.89 |
| 2025-11-25 | 15.81 |
| 2025-11-24 | 15.68 |
| 2025-11-21 | 15.99 |
| 2025-11-20 | 15.77 |
| 2025-11-19 | 15.79 |
| 2025-11-18 | 15.83 |
| 2025-11-17 | 15.82 |
| 2025-11-14 | 16.07 |
| 2025-11-13 | 16.17 |
| 2025-11-12 | 15.95 |
| 2025-11-11 | 15.99 |
| 2025-11-10 | 15.94 |
| 2025-11-07 | 15.93 |
| 2025-11-06 | 15.91 |
| 2025-11-05 | 15.99 |
| 2025-11-04 | 15.85 |
| 2025-11-03 | 15.67 |
| 2025-10-31 | 15.77 |
| 2025-10-30 | 15.83 |
| 2025-10-29 | 15.83 |
| 2025-10-28 | 16.34 |
| 2025-10-27 | 16.24 |
| 2025-10-24 | 16.42 |
| 2025-10-23 | 16.55 |
| 2025-10-22 | 16.66 |
| 2025-10-21 | 16.91 |
| 2025-10-20 | 16.55 |
| 2025-10-17 | 16.19 |
| 2025-10-16 | 15.87 |
| 2025-10-15 | 16.13 |
| 2025-10-14 | 16.20 |
| 2025-10-13 | 16.17 |
| 2025-10-10 | 16.18 |
| 2025-10-09 | 16.50 |
| 2025-10-08 | 17.11 |
| 2025-10-07 | 17.42 |
| 2025-10-06 | 17.41 |
| 2025-10-03 | 17.72 |
| 2025-10-02 | 17.75 |
| 2025-10-01 | 17.81 |
| 2025-09-30 | 17.95 |
| 2025-09-29 | 17.83 |
| 2025-09-26 | 17.86 |
| 2025-09-25 | 17.67 |
| 2025-09-24 | 17.49 |
| 2025-09-23 | 17.54 |
| 2025-09-22 | 17.72 |
| 2025-09-19 | 17.50 |
| 2025-09-18 | 17.45 |
| 2025-09-17 | 17.49 |
| 2025-09-16 | 17.43 |
| 2025-09-15 | 17.47 |
| 2025-09-12 | 17.70 |
| 2025-09-11 | 17.88 |
| 2025-09-10 | 17.61 |
| 2025-09-09 | 17.67 |
| 2025-09-08 | 17.73 |
| 2025-09-05 | 17.88 |
| 2025-09-04 | 18.09 |
| 2025-09-03 | 17.98 |
| 2025-09-02 | 17.97 |
| 2025-08-29 | 18.37 |
| 2025-08-28 | 18.22 |
| 2025-08-27 | 18.65 |
| 2025-08-26 | 18.63 |
| 2025-08-25 | 18.53 |
| 2025-08-22 | 18.85 |
| 2025-08-21 | 18.90 |
| 2025-08-20 | 18.95 |
| 2025-08-19 | 18.93 |
| 2025-08-18 | 18.74 |
| 2025-08-15 | 18.94 |
| 2025-08-14 | 19.36 |
| 2025-08-13 | 19.69 |
| 2025-08-12 | 19.53 |
| 2025-08-11 | 19.58 |
| 2025-08-08 | 19.79 |
| 2025-08-07 | 19.54 |
| 2025-08-06 | 19.61 |
| 2025-08-05 | 19.49 |
| 2025-08-04 | 19.69 |
| 2025-08-01 | 19.37 |
| 2025-07-31 | 19.46 |
| 2025-07-30 | 19.51 |
| 2025-07-29 | 19.47 |
| 2025-07-28 | 19.27 |
| 2025-07-25 | 19.97 |
| 2025-07-24 | 19.91 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.