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 18.35 is 131% above its estimated 5-year average of 7.93, near the high end of its estimated 5-year range (1.07–22.66).
As of 2026-09-15T14:06:14.874Z. 0.46% above its estimated 12-month average of 18.27.
Calculation as of: 2026-09-15T14:06:14.874Z.
Quote observation: 2026-09-15T14:05:20.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0dc74418db111054d137a4d044594206934f9cc870a4b4064e681c6380fc0e4a
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
18.35
PB RATIO AVG TTM
18.27
PB RATIO AVG 3Y
11.88
PB RATIO AVG 5Y
7.93
PB RATIO AVG 10Y
2.65
PB RATIO AVG 15Y
1.58
PB RATIO AVG 20Y
1.49
CURRENT VS TTM AVG
+0.46%
CURRENT VS 3Y AVG
+54.40%
CURRENT VS 5Y AVG
+131.36%
CURRENT VS 10Y AVG
+591.56%
CURRENT VS 15Y AVG
+1058.98%
CURRENT VS 20Y AVG
+1133.70%
SECTOR MEDIAN · INDUSTRIALS
4.94
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+271.46%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Aerospace (GE) | $323.77B | 18.35 | 18.27 | 11.88 | 7.93 |
| Caterpillar Inc. (CAT)vs › | $361.37B | 18.63 | 17.14 | 11.74 | 9.84 |
| RTX Corporation (RTX)vs › | $260.61B | 3.93 | 3.93 | 2.97 | 2.56 |
| GE Vernova Inc. (GEV)vs › | $238.01B | 19.91 | 20.59 | 17.01 | 17.01 |
| Siemens AG (SIEGY)vs › | $231.29B | 2.97 | 3.04 | 2.90 | 2.67 |
| Deere & Company (DE)vs › | $184.77B | 6.60 | 5.67 | 5.33 | 5.62 |
| Schneider Electric S.E. (SBGSY)vs › | $178.84B | 6.40 | 5.84 | 4.89 | 4.24 |
| ABB Ltd (ABBNY)vs › | $169.90B | 10.69 | 10.42 | 8.19 | 6.90 |
| Union Pacific Corporation (UNP)vs › | $168.27B | 8.14 | 8.18 | 8.79 | 9.60 |
| The Boeing Company (BA)vs › | $165.43B | 27.12 | 30.62 | 30.62 | 30.62 |
At 18.35, 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.
estimated 20-year low
0.39
median
1.52
estimated 20-year high
22.66
P/B Ratio
18.35
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 | 19.24 |
| 2026-09-10 | 19.27 |
| 2026-09-09 | 19.35 |
| 2026-09-08 | 19.91 |
| 2026-09-04 | 20.04 |
| 2026-09-03 | 19.82 |
| 2026-09-02 | 19.59 |
| 2026-09-01 | 19.68 |
| 2026-08-31 | 19.96 |
| 2026-08-28 | 20.37 |
| 2026-08-27 | 20.37 |
| 2026-08-26 | 21.07 |
| 2026-08-25 | 20.78 |
| 2026-08-24 | 20.32 |
| 2026-08-21 | 20.71 |
| 2026-08-20 | 20.49 |
| 2026-08-19 | 21.18 |
| 2026-08-18 | 22.30 |
| 2026-08-17 | 21.96 |
| 2026-08-14 | 21.90 |
| 2026-08-13 | 21.44 |
| 2026-08-12 | 21.72 |
| 2026-08-11 | 21.88 |
| 2026-08-10 | 21.80 |
| 2026-08-07 | 22.00 |
| 2026-08-06 | 22.27 |
| 2026-08-05 | 22.66 |
| 2026-08-04 | 22.43 |
| 2026-08-03 | 21.93 |
| 2026-07-31 | 21.41 |
| 2026-07-30 | 21.11 |
| 2026-07-29 | 20.84 |
| 2026-07-28 | 21.61 |
| 2026-07-27 | 21.50 |
| 2026-07-24 | 21.03 |
| 2026-07-23 | 20.75 |
| 2026-07-22 | 20.28 |
| 2026-07-21 | 20.25 |
| 2026-07-20 | 20.29 |
| 2026-07-17 | 20.74 |
| 2026-07-16 | 20.09 |
| 2026-07-15 | 20.94 |
| 2026-07-14 | 20.55 |
| 2026-07-13 | 20.54 |
| 2026-07-10 | 20.87 |
| 2026-07-09 | 20.86 |
| 2026-07-08 | 20.69 |
| 2026-07-07 | 21.32 |
| 2026-07-06 | 22.00 |
| 2026-07-02 | 21.94 |
| 2026-07-01 | 21.79 |
| 2026-06-30 | 21.72 |
| 2026-06-29 | 21.71 |
| 2026-06-26 | 21.44 |
| 2026-06-25 | 21.58 |
| 2026-06-24 | 21.26 |
| 2026-06-23 | 20.71 |
| 2026-06-22 | 20.63 |
| 2026-06-18 | 20.78 |
| 2026-06-17 | 20.74 |
| 2026-06-16 | 20.44 |
| 2026-06-15 | 19.89 |
| 2026-06-12 | 19.48 |
| 2026-06-11 | 19.33 |
| 2026-06-10 | 18.52 |
| 2026-06-09 | 19.20 |
| 2026-06-08 | 18.71 |
| 2026-06-05 | 19.06 |
| 2026-06-04 | 19.04 |
| 2026-06-03 | 18.28 |
| 2026-06-02 | 18.46 |
| 2026-06-01 | 18.86 |
| 2026-05-29 | 18.81 |
| 2026-05-28 | 18.64 |
| 2026-05-27 | 18.43 |
| 2026-05-26 | 18.27 |
| 2026-05-22 | 17.60 |
| 2026-05-21 | 17.53 |
| 2026-05-20 | 17.44 |
| 2026-05-19 | 16.58 |
| 2026-05-18 | 16.62 |
| 2026-05-15 | 16.36 |
| 2026-05-14 | 16.94 |
| 2026-05-13 | 17.12 |
| 2026-05-12 | 17.28 |
| 2026-05-11 | 17.48 |
| 2026-05-08 | 17.27 |
| 2026-05-07 | 17.58 |
| 2026-05-06 | 17.77 |
| 2026-05-05 | 16.66 |
| 2026-05-04 | 16.30 |
| 2026-05-01 | 16.65 |
| 2026-04-30 | 16.85 |
| 2026-04-29 | 16.48 |
| 2026-04-28 | 16.80 |
| 2026-04-27 | 16.53 |
| 2026-04-24 | 16.54 |
| 2026-04-23 | 16.41 |
| 2026-04-22 | 16.05 |
| 2026-04-21 | 16.38 |
| 2026-04-20 | 17.34 |
| 2026-04-17 | 17.37 |
| 2026-04-16 | 17.04 |
| 2026-04-15 | 17.93 |
| 2026-04-14 | 18.17 |
| 2026-04-13 | 17.82 |
| 2026-04-10 | 17.62 |
| 2026-04-09 | 17.88 |
| 2026-04-08 | 17.60 |
| 2026-04-07 | 16.49 |
| 2026-04-06 | 16.49 |
| 2026-04-02 | 16.06 |
| 2026-04-01 | 16.72 |
| 2026-03-31 | 16.21 |
| 2026-03-30 | 15.61 |
| 2026-03-27 | 16.16 |
| 2026-03-26 | 16.30 |
| 2026-03-25 | 16.94 |
| 2026-03-24 | 16.60 |
| 2026-03-23 | 16.66 |
| 2026-03-20 | 16.38 |
| 2026-03-19 | 16.66 |
| 2026-03-18 | 17.19 |
| 2026-03-17 | 17.26 |
| 2026-03-16 | 17.37 |
| 2026-03-13 | 17.12 |
| 2026-03-12 | 17.52 |
| 2026-03-11 | 18.58 |
| 2026-03-10 | 18.65 |
| 2026-03-09 | 18.39 |
| 2026-03-06 | 18.46 |
| 2026-03-05 | 18.68 |
| 2026-03-04 | 19.41 |
| 2026-03-03 | 19.09 |
| 2026-03-02 | 19.75 |
| 2026-02-27 | 19.55 |
| 2026-02-26 | 19.47 |
| 2026-02-25 | 19.59 |
| 2026-02-24 | 19.75 |
| 2026-02-23 | 19.37 |
| 2026-02-20 | 19.61 |
| 2026-02-19 | 19.12 |
| 2026-02-18 | 18.83 |
| 2026-02-17 | 18.69 |
| 2026-02-13 | 18.02 |
| 2026-02-12 | 17.88 |
| 2026-02-11 | 17.92 |
| 2026-02-10 | 18.07 |
| 2026-02-09 | 18.10 |
| 2026-02-06 | 18.34 |
| 2026-02-05 | 17.50 |
| 2026-02-04 | 17.62 |
| 2026-02-03 | 17.71 |
| 2026-02-02 | 17.64 |
| 2026-01-30 | 17.53 |
| 2026-01-29 | 16.95 |
| 2026-01-28 | 16.59 |
| 2026-01-27 | 16.87 |
| 2026-01-26 | 16.74 |
| 2026-01-23 | 16.67 |
| 2026-01-22 | 16.73 |
| 2026-01-21 | 18.07 |
| 2026-01-20 | 17.72 |
| 2026-01-16 | 18.44 |
| 2026-01-15 | 18.15 |
| 2026-01-14 | 18.09 |
| 2026-01-13 | 18.56 |
| 2026-01-12 | 18.39 |
| 2026-01-09 | 18.24 |
| 2026-01-08 | 17.83 |
| 2026-01-07 | 18.36 |
| 2026-01-06 | 18.58 |
| 2026-01-05 | 18.40 |
| 2026-01-02 | 18.19 |
| 2025-12-31 | 17.47 |
| 2025-12-30 | 17.68 |
| 2025-12-29 | 17.67 |
| 2025-12-26 | 17.87 |
| 2025-12-24 | 17.97 |
| 2025-12-23 | 17.90 |
| 2025-12-22 | 17.85 |
| 2025-12-19 | 17.42 |
| 2025-12-18 | 17.11 |
| 2025-12-17 | 16.57 |
| 2025-12-16 | 16.94 |
| 2025-12-15 | 17.07 |
| 2025-12-12 | 17.00 |
| 2025-12-11 | 16.36 |
| 2025-12-10 | 16.09 |
| 2025-12-09 | 16.18 |
| 2025-12-08 | 16.29 |
| 2025-12-05 | 16.10 |
| 2025-12-04 | 16.55 |
| 2025-12-03 | 16.36 |
| 2025-12-02 | 16.41 |
| 2025-12-01 | 16.36 |
| 2025-11-28 | 16.93 |
| 2025-11-26 | 16.82 |
| 2025-11-25 | 16.64 |
| 2025-11-24 | 16.68 |
| 2025-11-21 | 16.30 |
| 2025-11-20 | 16.48 |
| 2025-11-19 | 17.06 |
| 2025-11-18 | 16.79 |
| 2025-11-17 | 17.02 |
| 2025-11-14 | 17.29 |
| 2025-11-13 | 17.25 |
| 2025-11-12 | 17.53 |
| 2025-11-11 | 17.62 |
| 2025-11-10 | 17.69 |
| 2025-11-07 | 17.43 |
| 2025-11-06 | 17.31 |
| 2025-11-05 | 17.31 |
| 2025-11-04 | 17.25 |
| 2025-11-03 | 17.50 |
| 2025-10-31 | 17.52 |
| 2025-10-30 | 17.63 |
| 2025-10-29 | 17.83 |
| 2025-10-28 | 17.57 |
| 2025-10-27 | 17.74 |
| 2025-10-24 | 17.24 |
| 2025-10-23 | 17.38 |
| 2025-10-22 | 16.90 |
| 2025-10-21 | 17.10 |
| 2025-10-20 | 16.88 |
| 2025-10-17 | 16.74 |
| 2025-10-16 | 16.72 |
| 2025-10-15 | 16.74 |
| 2025-10-14 | 16.73 |
| 2025-10-13 | 16.59 |
| 2025-10-10 | 16.25 |
| 2025-10-09 | 16.69 |
| 2025-10-08 | 16.87 |
| 2025-10-07 | 16.83 |
| 2025-10-06 | 16.63 |
| 2025-10-03 | 16.56 |
| 2025-10-02 | 16.70 |
| 2025-10-01 | 16.78 |
| 2025-09-30 | 16.77 |
| 2025-09-29 | 16.37 |
| 2025-09-26 | 16.45 |
| 2025-09-25 | 16.57 |
| 2025-09-24 | 16.75 |
| 2025-09-23 | 17.04 |
| 2025-09-22 | 16.79 |
| 2025-09-19 | 16.79 |
| 2025-09-18 | 16.57 |
| 2025-09-17 | 16.14 |
| 2025-09-16 | 16.34 |
| 2025-09-15 | 15.99 |
| 2025-09-12 | 15.71 |
| 2025-09-11 | 15.70 |
| 2025-09-10 | 15.80 |
| 2025-09-09 | 15.40 |
| 2025-09-08 | 15.39 |
| 2025-09-05 | 15.57 |
| 2025-09-04 | 15.74 |
| 2025-09-03 | 15.39 |
| 2025-09-02 | 15.36 |
| 2025-08-29 | 15.35 |
Showing the most recent 260 of 5,022 data points. The chart above shows the full history.