Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). 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 1.78 is 44% below its estimated 5-year average of 3.16, near the low end of its estimated 5-year range (0.58–312.39).
As of 2026-10-04T06:32:36.453Z. 13.65% above its estimated 12-month average of 1.57.
Calculation as of: 2026-10-04T06:32:36.453Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9ddce47465b57c25bab8f4a0e0358c797b49eb158d9c531c23cf8f18e77b8815
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 2026-10-02.
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
1.78
PB RATIO AVG TTM
1.57
PB RATIO AVG 3Y
2.77
PB RATIO AVG 5Y
3.16
PB RATIO AVG 10Y
3.82
PB RATIO AVG 15Y
3.54
PB RATIO AVG 20Y
3.24
CURRENT VS TTM AVG
+13.65%
CURRENT VS 3Y AVG
-35.76%
CURRENT VS 5Y AVG
-43.60%
CURRENT VS 10Y AVG
-53.36%
CURRENT VS 15Y AVG
-49.77%
CURRENT VS 20Y AVG
-45.13%
SECTOR MEDIAN · FINANCIAL SERVICES
2.19
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-18.54%
vs the sector median at left
Market Cap
$119.46B
PB Ratio
1.05
TTM Avg
1.14
3Y Avg
1.05
5Y Avg
0.97
Market Cap
$127.25B
PB Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HDFC Bank Limited (HDB) | $114.59B | 1.78 | 1.57 | 2.77 | 3.16 |
| S&P Global Inc. (SPGI)vs › | $113.87B | 3.60 | 4.21 | 4.30 | 10.13 |
| Capital One Financial Corporation (COF)vs › | $119.46B | 1.05 | 1.14 | 1.05 | 0.97 |
| The Progressive Corporation (PGR)vs › | $122.27B | N/A | 4.04 | 5.09 | 4.68 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $127.25B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $127.66B | 1.69 | 1.75 | 1.76 | 1.69 |
| Robinhood Markets, Inc. (HOOD)vs › | $101.36B | 10.69 | 10.51 | 6.64 | 4.61 |
| Bank of New York Mellon Corp (BNY)vs › | $99.80B | N/A | 2.20 | 1.64 | 1.41 |
| CME Group Inc. (CME)vs › | $94.62B | 3.57 | 3.63 | 3.24 | 2.99 |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $94.37B | N/A | N/A | N/A | N/A |
At 1.78, P/B is below its estimated 20-year median — higher than 9% 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
0.58
median
3.13
estimated 20-year high
312.39
P/B Ratio
1.78
Market Price / Book Value per Share
PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)
The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-02 | 0.59 |
| 2026-10-01 | 0.61 |
| 2026-09-30 | 0.59 |
| 2026-09-29 | 0.60 |
| 2026-09-28 | 0.60 |
| 2026-09-25 | 0.61 |
| 2026-09-24 | 0.61 |
| 2026-09-23 | 0.61 |
| 2026-09-22 | 0.62 |
| 2026-09-21 | 0.63 |
| 2026-09-18 | 0.62 |
| 2026-09-17 | 0.60 |
| 2026-09-16 | 0.59 |
| 2026-09-15 | 0.60 |
| 2026-09-14 | 0.61 |
| 2026-09-11 | 0.62 |
| 2026-09-10 | 0.58 |
| 2026-09-09 | 0.59 |
| 2026-09-08 | 0.60 |
| 2026-09-04 | 0.62 |
| 2026-09-03 | 0.62 |
| 2026-09-02 | 0.62 |
| 2026-09-01 | 0.61 |
| 2026-08-31 | 0.60 |
| 2026-08-28 | 0.61 |
| 2026-08-27 | 0.60 |
| 2026-08-26 | 0.62 |
| 2026-08-25 | 0.63 |
| 2026-08-24 | 0.63 |
| 2026-08-21 | 0.63 |
| 2026-08-20 | 0.62 |
| 2026-08-19 | 0.62 |
| 2026-08-18 | 0.62 |
| 2026-08-17 | 0.62 |
| 2026-08-14 | 0.62 |
| 2026-08-13 | 0.61 |
| 2026-08-12 | 0.61 |
| 2026-08-11 | 0.62 |
| 2026-08-10 | 0.62 |
| 2026-08-07 | 0.63 |
| 2026-08-06 | 0.63 |
| 2026-08-05 | 0.63 |
| 2026-08-04 | 0.63 |
| 2026-08-03 | 0.64 |
| 2026-07-31 | 0.64 |
| 2026-07-30 | 0.64 |
| 2026-07-29 | 0.64 |
| 2026-07-28 | 0.63 |
| 2026-07-27 | 0.62 |
| 2026-07-24 | 0.62 |
| 2026-07-23 | 0.61 |
| 2026-07-22 | 0.62 |
| 2026-07-21 | 0.63 |
| 2026-07-20 | 0.63 |
| 2026-07-17 | 0.70 |
| 2026-07-16 | 0.70 |
| 2026-07-15 | 0.70 |
| 2026-07-14 | 0.69 |
| 2026-07-13 | 0.70 |
| 2026-07-10 | 0.70 |
| 2026-07-09 | 0.70 |
| 2026-07-08 | 0.70 |
| 2026-07-07 | 0.72 |
| 2026-07-06 | 0.73 |
| 2026-07-02 | 0.68 |
| 2026-07-01 | 0.68 |
| 2026-06-30 | 0.72 |
| 2026-06-29 | 0.72 |
| 2026-06-26 | 0.72 |
| 2026-06-25 | 0.71 |
| 2026-06-24 | 0.71 |
| 2026-06-23 | 0.70 |
| 2026-06-22 | 0.70 |
| 2026-06-18 | 0.70 |
| 2026-06-17 | 0.69 |
| 2026-06-16 | 0.71 |
| 2026-06-15 | 0.69 |
| 2026-06-12 | 0.68 |
| 2026-06-11 | 0.67 |
| 2026-06-10 | 0.65 |
| 2026-06-09 | 0.65 |
| 2026-06-08 | 0.64 |
| 2026-06-05 | 0.65 |
| 2026-06-04 | 0.67 |
| 2026-06-03 | 0.66 |
| 2026-06-02 | 0.66 |
| 2026-06-01 | 0.66 |
| 2026-05-29 | 0.66 |
| 2026-05-28 | 0.66 |
| 2026-05-27 | 0.66 |
| 2026-05-26 | 0.69 |
| 2026-05-22 | 0.69 |
| 2026-05-21 | 0.69 |
| 2026-05-20 | 0.69 |
| 2026-05-19 | 0.68 |
| 2026-05-18 | 0.69 |
| 2026-05-15 | 0.68 |
| 2026-05-14 | 0.69 |
| 2026-05-13 | 0.67 |
| 2026-05-12 | 0.67 |
| 2026-05-11 | 0.68 |
| 2026-05-08 | 0.70 |
| 2026-05-07 | 0.72 |
| 2026-05-06 | 0.72 |
| 2026-05-05 | 0.69 |
| 2026-05-04 | 0.69 |
| 2026-05-01 | 0.70 |
| 2026-04-30 | 0.71 |
| 2026-04-29 | 0.71 |
| 2026-04-28 | 0.71 |
| 2026-04-27 | 0.72 |
| 2026-04-24 | 0.72 |
| 2026-04-23 | 0.71 |
| 2026-04-22 | 0.73 |
| 2026-04-21 | 0.74 |
| 2026-04-20 | 195.83 |
| 2026-04-17 | 202.68 |
| 2026-04-16 | 194.72 |
| 2026-04-15 | 199.95 |
| 2026-04-14 | 197.37 |
| 2026-04-13 | 197.45 |
| 2026-04-10 | 196.93 |
| 2026-04-09 | 197.30 |
| 2026-04-08 | 199.73 |
| 2026-04-07 | 187.94 |
| 2026-04-06 | 189.12 |
| 2026-04-02 | 182.93 |
| 2026-04-01 | 183.45 |
| 2026-03-31 | 183.30 |
| 2026-03-30 | 177.55 |
| 2026-03-27 | 179.40 |
| 2026-03-26 | 185.00 |
| 2026-03-25 | 190.15 |
| 2026-03-24 | 185.07 |
| 2026-03-23 | 187.13 |
| 2026-03-20 | 187.06 |
| 2026-03-19 | 192.58 |
| 2026-03-18 | 196.12 |
| 2026-03-17 | 211.52 |
| 2026-03-16 | 213.58 |
| 2026-03-13 | 207.98 |
| 2026-03-12 | 209.16 |
| 2026-03-11 | 209.97 |
| 2026-03-10 | 217.19 |
| 2026-03-09 | 218.96 |
| 2026-03-06 | 217.12 |
| 2026-03-05 | 223.90 |
| 2026-03-04 | 226.84 |
| 2026-03-03 | 227.28 |
| 2026-03-02 | 232.51 |
| 2026-02-27 | 234.65 |
| 2026-02-26 | 235.76 |
| 2026-02-25 | 236.86 |
| 2026-02-24 | 237.45 |
| 2026-02-23 | 240.84 |
| 2026-02-20 | 243.79 |
| 2026-02-19 | 240.91 |
| 2026-02-18 | 245.70 |
| 2026-02-17 | 241.72 |
| 2026-02-13 | 239.59 |
| 2026-02-12 | 242.09 |
| 2026-02-11 | 244.67 |
| 2026-02-10 | 250.42 |
| 2026-02-09 | 249.46 |
| 2026-02-06 | 253.88 |
| 2026-02-05 | 250.42 |
| 2026-02-04 | 250.12 |
| 2026-02-03 | 247.32 |
| 2026-02-02 | 248.94 |
| 2026-01-30 | 238.56 |
| 2026-01-29 | 239.81 |
| 2026-01-28 | 238.04 |
| 2026-01-27 | 239.00 |
| 2026-01-26 | 236.86 |
| 2026-01-23 | 236.20 |
| 2026-01-22 | 236.49 |
| 2026-01-21 | 236.71 |
| 2026-01-20 | 2.71 |
| 2026-01-16 | 2.74 |
| 2026-01-15 | 2.72 |
| 2026-01-14 | 2.76 |
| 2026-01-13 | 2.78 |
| 2026-01-12 | 2.81 |
| 2026-01-09 | 2.77 |
| 2026-01-08 | 2.80 |
| 2026-01-07 | 2.78 |
| 2026-01-06 | 2.80 |
| 2026-01-05 | 2.86 |
| 2026-01-02 | 3.06 |
| 2025-12-31 | 3.06 |
| 2025-12-30 | 3.05 |
| 2025-12-29 | 3.04 |
| 2025-12-26 | 3.05 |
| 2025-12-24 | 3.05 |
| 2025-12-23 | 3.04 |
| 2025-12-22 | 3.04 |
| 2025-12-19 | 3.01 |
| 2025-12-18 | 2.94 |
| 2025-12-17 | 2.94 |
| 2025-12-16 | 2.96 |
| 2025-12-15 | 3.01 |
| 2025-12-12 | 3.01 |
| 2025-12-11 | 3.00 |
| 2025-12-10 | 2.97 |
| 2025-12-09 | 2.95 |
| 2025-12-08 | 2.95 |
| 2025-12-05 | 2.99 |
| 2025-12-04 | 3.01 |
| 2025-12-03 | 3.00 |
| 2025-12-02 | 3.00 |
| 2025-12-01 | 2.97 |
| 2025-11-28 | 3.08 |
| 2025-11-26 | 3.07 |
| 2025-11-25 | 3.03 |
| 2025-11-24 | 3.05 |
| 2025-11-21 | 3.07 |
| 2025-11-20 | 3.09 |
| 2025-11-19 | 3.05 |
| 2025-11-18 | 3.11 |
| 2025-11-17 | 3.09 |
| 2025-11-14 | 3.05 |
| 2025-11-13 | 3.04 |
| 2025-11-12 | 3.06 |
| 2025-11-11 | 3.07 |
| 2025-11-10 | 3.02 |
| 2025-11-07 | 3.00 |
| 2025-11-06 | 2.99 |
| 2025-11-05 | 3.00 |
| 2025-11-04 | 3.04 |
| 2025-11-03 | 3.06 |
| 2025-10-31 | 3.03 |
| 2025-10-30 | 3.09 |
| 2025-10-29 | 3.10 |
| 2025-10-28 | 3.10 |
| 2025-10-27 | 3.07 |
| 2025-10-24 | 3.08 |
| 2025-10-23 | 2.96 |
| 2025-10-22 | 3.01 |
| 2025-10-21 | 2.97 |
| 2025-10-20 | 2.97 |
| 2025-10-17 | 2.98 |
| 2025-10-16 | 2.87 |
| 2025-10-15 | 2.92 |
| 2025-10-14 | 2.85 |
| 2025-10-13 | 2.84 |
| 2025-10-10 | 2.82 |
| 2025-10-09 | 2.82 |
| 2025-10-08 | 2.80 |
| 2025-10-07 | 2.83 |
| 2025-10-06 | 2.82 |
| 2025-10-03 | 2.78 |
| 2025-10-02 | 2.76 |
| 2025-10-01 | 2.74 |
| 2025-09-30 | 2.77 |
| 2025-09-29 | 2.77 |
| 2025-09-26 | 2.77 |
| 2025-09-25 | 2.78 |
| 2025-09-24 | 2.79 |
| 2025-09-23 | 2.81 |
| 2025-09-22 | 2.84 |
Showing the most recent 260 of 4,905 data points. The chart above shows the full history.