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 21.24 is 25% above its estimated 2-year average of 17.01, around the middle of its estimated 2-year range (7.87–27.84).
As of 2026-09-21T18:25:35.469Z. 3.31% above its estimated 12-month average of 20.56.
Calculation as of: 2026-09-21T18:25:35.469Z.
Quote observation: 2026-09-21T18:25:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3b08017cf34486ef10750ed327f05cfa4976a1a2fb9b0d06d5b817211f8b6bf4
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
21.24
PB RATIO AVG TTM
20.56
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+3.31%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.10
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+316.47%
vs the sector median at left
Market Cap
$167.48B
PB Ratio
44.28
TTM Avg
39.97
3Y Avg
39.32
5Y Avg
39.32
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $253.94B | 21.24 | 20.56 | N/A | N/A |
| RTX Corporation (RTX)vs › | $262.50B | 3.95 | 3.93 | 2.97 | 2.56 |
| Siemens AG (SIEGY)vs › | $241.51B | 3.10 | 3.04 | 2.90 | 2.67 |
| Schneider Electric S.E. (SBGSY)vs › | $190.74B | 6.83 | 5.84 | 4.89 | 4.24 |
| Deere & Company (DE)vs › | $186.61B | 6.67 | 5.67 | 5.33 | 5.62 |
| ABB Ltd (ABBNY)vs › | $181.90B | 11.44 | 10.42 | 8.19 | 6.90 |
| GE Aerospace (GE)vs › | $333.03B | 18.88 | 18.27 | 11.88 | 7.93 |
| Eaton Corporation plc (ETN)vs › | $169.13B | 8.35 | 7.67 | 6.84 | 5.68 |
| Rolls-Royce Holdings plc (RYCEY)vs › | $167.48B | 44.28 | 39.97 | 39.32 | 39.32 |
| Union Pacific Corporation (UNP)vs › | $160.35B | 7.76 | 8.18 | 8.79 | 9.60 |
At 21.24, P/B is above its estimated 2-year median — higher than 82% of readings in its estimated 2-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 2-year low
7.87
median
18.80
estimated 2-year high
27.84
P/B Ratio
21.24
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 | 21.62 |
| 2026-09-10 | 20.86 |
| 2026-09-09 | 21.48 |
| 2026-09-08 | 21.93 |
| 2026-09-04 | 21.27 |
| 2026-09-03 | 21.27 |
| 2026-09-02 | 20.82 |
| 2026-09-01 | 20.29 |
| 2026-08-31 | 20.29 |
| 2026-08-28 | 20.59 |
| 2026-08-27 | 21.54 |
| 2026-08-26 | 21.52 |
| 2026-08-25 | 20.93 |
| 2026-08-24 | 21.27 |
| 2026-08-21 | 21.61 |
| 2026-08-20 | 21.81 |
| 2026-08-19 | 22.30 |
| 2026-08-18 | 22.68 |
| 2026-08-17 | 24.36 |
| 2026-08-14 | 24.01 |
| 2026-08-13 | 23.70 |
| 2026-08-12 | 23.48 |
| 2026-08-11 | 22.85 |
| 2026-08-10 | 22.37 |
| 2026-08-07 | 22.36 |
| 2026-08-06 | 22.59 |
| 2026-08-05 | 22.99 |
| 2026-08-04 | 23.00 |
| 2026-08-03 | 22.73 |
| 2026-07-31 | 22.36 |
| 2026-07-30 | 22.17 |
| 2026-07-29 | 20.33 |
| 2026-07-28 | 21.30 |
| 2026-07-27 | 22.50 |
| 2026-07-24 | 22.91 |
| 2026-07-23 | 23.29 |
| 2026-07-22 | 19.24 |
| 2026-07-21 | 21.08 |
| 2026-07-20 | 21.08 |
| 2026-07-17 | 20.67 |
| 2026-07-16 | 20.25 |
| 2026-07-15 | 20.62 |
| 2026-07-14 | 20.83 |
| 2026-07-13 | 20.37 |
| 2026-07-10 | 21.33 |
| 2026-07-09 | 21.01 |
| 2026-07-08 | 20.92 |
| 2026-07-07 | 21.04 |
| 2026-07-06 | 22.51 |
| 2026-07-02 | 21.75 |
| 2026-07-01 | 22.16 |
| 2026-06-30 | 22.95 |
| 2026-06-29 | 21.54 |
| 2026-06-26 | 20.42 |
| 2026-06-25 | 21.21 |
| 2026-06-24 | 20.66 |
| 2026-06-23 | 20.22 |
| 2026-06-22 | 22.03 |
| 2026-06-18 | 21.68 |
| 2026-06-17 | 20.49 |
| 2026-06-16 | 19.19 |
| 2026-06-15 | 19.13 |
| 2026-06-12 | 18.38 |
| 2026-06-11 | 17.72 |
| 2026-06-10 | 16.94 |
| 2026-06-09 | 17.98 |
| 2026-06-08 | 18.25 |
| 2026-06-05 | 18.24 |
| 2026-06-04 | 18.82 |
| 2026-06-03 | 18.74 |
| 2026-06-02 | 18.94 |
| 2026-06-01 | 18.57 |
| 2026-05-29 | 18.92 |
| 2026-05-28 | 19.46 |
| 2026-05-27 | 20.16 |
| 2026-05-26 | 20.91 |
| 2026-05-22 | 20.29 |
| 2026-05-21 | 20.39 |
| 2026-05-20 | 20.02 |
| 2026-05-19 | 19.77 |
| 2026-05-18 | 19.78 |
| 2026-05-15 | 20.50 |
| 2026-05-14 | 21.31 |
| 2026-05-13 | 20.76 |
| 2026-05-12 | 20.94 |
| 2026-05-11 | 20.97 |
| 2026-05-08 | 20.32 |
| 2026-05-07 | 20.43 |
| 2026-05-06 | 21.86 |
| 2026-05-05 | 21.40 |
| 2026-05-04 | 20.98 |
| 2026-05-01 | 20.77 |
| 2026-04-30 | 21.17 |
| 2026-04-29 | 20.77 |
| 2026-04-28 | 21.27 |
| 2026-04-27 | 21.89 |
| 2026-04-24 | 22.45 |
| 2026-04-23 | 22.46 |
| 2026-04-22 | 27.84 |
| 2026-04-21 | 24.48 |
| 2026-04-20 | 24.45 |
| 2026-04-17 | 24.76 |
| 2026-04-16 | 24.16 |
| 2026-04-15 | 24.34 |
| 2026-04-14 | 24.38 |
| 2026-04-13 | 24.47 |
| 2026-04-10 | 24.48 |
| 2026-04-09 | 23.90 |
| 2026-04-08 | 23.11 |
| 2026-04-07 | 22.49 |
| 2026-04-06 | 22.16 |
| 2026-04-02 | 22.19 |
| 2026-04-01 | 22.09 |
| 2026-03-31 | 21.55 |
| 2026-03-30 | 20.18 |
| 2026-03-27 | 21.07 |
| 2026-03-26 | 21.56 |
| 2026-03-25 | 22.81 |
| 2026-03-24 | 22.45 |
| 2026-03-23 | 21.79 |
| 2026-03-20 | 21.01 |
| 2026-03-19 | 21.66 |
| 2026-03-18 | 21.20 |
| 2026-03-17 | 20.84 |
| 2026-03-16 | 20.43 |
| 2026-03-13 | 19.88 |
| 2026-03-12 | 20.53 |
| 2026-03-11 | 20.93 |
| 2026-03-10 | 20.72 |
| 2026-03-09 | 20.50 |
| 2026-03-06 | 19.49 |
| 2026-03-05 | 20.13 |
| 2026-03-04 | 20.77 |
| 2026-03-03 | 20.79 |
| 2026-03-02 | 21.76 |
| 2026-02-27 | 21.57 |
| 2026-02-26 | 21.64 |
| 2026-02-25 | 21.63 |
| 2026-02-24 | 21.72 |
| 2026-02-23 | 20.54 |
| 2026-02-20 | 20.50 |
| 2026-02-19 | 20.61 |
| 2026-02-18 | 20.19 |
| 2026-02-17 | 20.23 |
| 2026-02-13 | 19.81 |
| 2026-02-12 | 20.16 |
| 2026-02-11 | 20.34 |
| 2026-02-10 | 19.53 |
| 2026-02-09 | 19.79 |
| 2026-02-06 | 19.24 |
| 2026-02-05 | 18.21 |
| 2026-02-04 | 18.43 |
| 2026-02-03 | 19.27 |
| 2026-02-02 | 18.64 |
| 2026-01-30 | 17.94 |
| 2026-01-29 | 22.82 |
| 2026-01-28 | 22.63 |
| 2026-01-27 | 22.03 |
| 2026-01-26 | 21.18 |
| 2026-01-23 | 20.92 |
| 2026-01-22 | 21.05 |
| 2026-01-21 | 21.24 |
| 2026-01-20 | 21.78 |
| 2026-01-16 | 21.68 |
| 2026-01-15 | 20.43 |
| 2026-01-14 | 20.49 |
| 2026-01-13 | 20.74 |
| 2026-01-12 | 20.35 |
| 2026-01-09 | 19.80 |
| 2026-01-08 | 19.99 |
| 2026-01-07 | 21.07 |
| 2026-01-06 | 21.83 |
| 2026-01-05 | 21.66 |
| 2026-01-02 | 21.61 |
| 2025-12-31 | 20.79 |
| 2025-12-30 | 20.98 |
| 2025-12-29 | 21.10 |
| 2025-12-26 | 21.10 |
| 2025-12-24 | 21.23 |
| 2025-12-23 | 21.04 |
| 2025-12-22 | 21.05 |
| 2025-12-19 | 20.94 |
| 2025-12-18 | 20.34 |
| 2025-12-17 | 19.54 |
| 2025-12-16 | 21.83 |
| 2025-12-15 | 21.67 |
| 2025-12-12 | 21.36 |
| 2025-12-11 | 22.40 |
| 2025-12-10 | 23.00 |
| 2025-12-09 | 19.89 |
| 2025-12-08 | 19.78 |
| 2025-12-05 | 20.08 |
| 2025-12-04 | 20.01 |
| 2025-12-03 | 19.15 |
| 2025-12-02 | 19.13 |
| 2025-12-01 | 18.35 |
| 2025-11-28 | 19.08 |
| 2025-11-26 | 18.76 |
| 2025-11-25 | 18.21 |
| 2025-11-24 | 18.46 |
| 2025-11-21 | 17.68 |
| 2025-11-20 | 17.75 |
| 2025-11-19 | 18.94 |
| 2025-11-18 | 17.65 |
| 2025-11-17 | 18.35 |
| 2025-11-14 | 18.39 |
| 2025-11-13 | 17.75 |
| 2025-11-12 | 18.30 |
| 2025-11-11 | 18.32 |
| 2025-11-10 | 18.44 |
| 2025-11-07 | 18.29 |
| 2025-11-06 | 17.50 |
| 2025-11-05 | 17.80 |
| 2025-11-04 | 17.43 |
| 2025-11-03 | 18.49 |
| 2025-10-31 | 18.61 |
| 2025-10-30 | 18.26 |
| 2025-10-29 | 18.38 |
| 2025-10-28 | 18.16 |
| 2025-10-27 | 18.59 |
| 2025-10-24 | 18.59 |
| 2025-10-23 | 18.93 |
| 2025-10-22 | 17.91 |
| 2025-10-21 | 18.20 |
| 2025-10-20 | 18.47 |
| 2025-10-17 | 18.65 |
| 2025-10-16 | 18.72 |
| 2025-10-15 | 19.15 |
| 2025-10-14 | 20.04 |
| 2025-10-13 | 20.16 |
| 2025-10-10 | 18.80 |
| 2025-10-09 | 19.72 |
| 2025-10-08 | 19.45 |
| 2025-10-07 | 18.85 |
| 2025-10-06 | 18.76 |
| 2025-10-03 | 18.50 |
| 2025-10-02 | 18.85 |
| 2025-10-01 | 18.85 |
| 2025-09-30 | 19.12 |
| 2025-09-29 | 18.73 |
| 2025-09-26 | 18.82 |
| 2025-09-25 | 18.89 |
| 2025-09-24 | 19.56 |
| 2025-09-23 | 19.69 |
| 2025-09-22 | 20.03 |
| 2025-09-19 | 19.41 |
| 2025-09-18 | 19.00 |
| 2025-09-17 | 19.11 |
| 2025-09-16 | 19.21 |
| 2025-09-15 | 19.55 |
| 2025-09-12 | 19.45 |
| 2025-09-11 | 19.72 |
| 2025-09-10 | 20.01 |
| 2025-09-09 | 18.83 |
| 2025-09-08 | 18.66 |
| 2025-09-05 | 18.10 |
| 2025-09-04 | 18.62 |
| 2025-09-03 | 17.94 |
| 2025-09-02 | 18.02 |
| 2025-08-29 | 19.06 |
Showing the most recent 260 of 471 data points. The chart above shows the full history.