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 16.03 is 75% above its estimated 5-year average of 9.18, near the high end of its estimated 5-year range (3.32–21.27).
As of 2026-09-19T00:15:42.852Z. 10.08% below its estimated 12-month average of 17.83.
Calculation as of: 2026-09-19T00:15:42.852Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5410dbe7bbf6040b5299d81b735acb06ebdfde3b237845428dcde8351ad94e1f
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
16.03
PB RATIO AVG TTM
17.83
PB RATIO AVG 3Y
12.27
PB RATIO AVG 5Y
9.18
PB RATIO AVG 10Y
3.97
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-10.08%
CURRENT VS 3Y AVG
+30.64%
CURRENT VS 5Y AVG
+74.68%
CURRENT VS 10Y AVG
+304.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.17
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+210.06%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $91.89B | 16.03 | 17.83 | 12.27 | 9.18 |
| Trane Technologies plc (TT)vs › | $94.41B | 10.92 | 11.67 | 11.02 | 9.24 |
| General Dynamics Corporation (GD)vs › | $95.52B | 3.56 | 3.79 | 3.61 | 3.58 |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 9.93 | 9.62 | 7.30 | 6.01 |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 20.18 | 23.83 | 19.94 | 14.26 |
| CSX Corporation (CSX)vs › | $87.25B | 6.20 | 5.87 | 5.44 | 5.42 |
| 3M Company (MMM)vs › | $85.60B | 29.00 | 22.26 | 17.12 | 12.12 |
| Waste Management, Inc. (WM)vs › | $84.38B | 8.50 | 9.24 | 10.40 | 9.99 |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 5.58 | 5.46 | 6.07 | 7.96 |
| Emerson Electric Co. (EMR)vs › | $83.97B | 4.12 | 3.92 | 3.39 | 4.03 |
At 16.03, P/B is above its estimated 12-year median — higher than 93% of readings in its estimated 12-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 12-year low
0.48
median
3.14
estimated 12-year high
21.27
P/B Ratio
16.03
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 | 16.10 |
| 2026-09-10 | 15.98 |
| 2026-09-09 | 16.31 |
| 2026-09-08 | 16.24 |
| 2026-09-04 | 18.18 |
| 2026-09-03 | 18.27 |
| 2026-09-02 | 17.74 |
| 2026-09-01 | 17.88 |
| 2026-08-31 | 17.18 |
| 2026-08-28 | 18.57 |
| 2026-08-27 | 18.77 |
| 2026-08-26 | 18.89 |
| 2026-08-25 | 18.52 |
| 2026-08-24 | 18.47 |
| 2026-08-21 | 19.05 |
| 2026-08-20 | 19.19 |
| 2026-08-19 | 19.88 |
| 2026-08-18 | 20.52 |
| 2026-08-17 | 20.28 |
| 2026-08-14 | 20.28 |
| 2026-08-13 | 19.83 |
| 2026-08-12 | 19.75 |
| 2026-08-11 | 19.73 |
| 2026-08-10 | 19.90 |
| 2026-08-07 | 19.77 |
| 2026-08-06 | 21.14 |
| 2026-08-05 | 21.27 |
| 2026-08-04 | 21.03 |
| 2026-08-03 | 20.90 |
| 2026-07-31 | 20.60 |
| 2026-07-30 | 20.24 |
| 2026-07-29 | 19.91 |
| 2026-07-28 | 20.88 |
| 2026-07-27 | 21.01 |
| 2026-07-24 | 21.11 |
| 2026-07-23 | 20.95 |
| 2026-07-22 | 20.49 |
| 2026-07-21 | 20.36 |
| 2026-07-20 | 19.85 |
| 2026-07-17 | 19.88 |
| 2026-07-16 | 19.79 |
| 2026-07-15 | 20.38 |
| 2026-07-14 | 20.20 |
| 2026-07-13 | 19.80 |
| 2026-07-10 | 19.77 |
| 2026-07-09 | 19.98 |
| 2026-07-08 | 19.82 |
| 2026-07-07 | 20.10 |
| 2026-07-06 | 20.28 |
| 2026-07-02 | 19.73 |
| 2026-07-01 | 19.52 |
| 2026-06-30 | 19.62 |
| 2026-06-29 | 19.60 |
| 2026-06-26 | 19.62 |
| 2026-06-25 | 19.93 |
| 2026-06-24 | 20.15 |
| 2026-06-23 | 20.08 |
| 2026-06-22 | 20.46 |
| 2026-06-18 | 20.26 |
| 2026-06-17 | 20.67 |
| 2026-06-16 | 20.25 |
| 2026-06-15 | 19.74 |
| 2026-06-12 | 19.32 |
| 2026-06-11 | 19.31 |
| 2026-06-10 | 18.21 |
| 2026-06-09 | 18.77 |
| 2026-06-08 | 17.99 |
| 2026-06-05 | 18.38 |
| 2026-06-04 | 18.20 |
| 2026-06-03 | 18.15 |
| 2026-06-02 | 18.30 |
| 2026-06-01 | 18.65 |
| 2026-05-29 | 18.85 |
| 2026-05-28 | 18.97 |
| 2026-05-27 | 18.83 |
| 2026-05-26 | 19.11 |
| 2026-05-22 | 18.72 |
| 2026-05-21 | 18.97 |
| 2026-05-20 | 19.06 |
| 2026-05-19 | 18.47 |
| 2026-05-18 | 18.76 |
| 2026-05-15 | 19.00 |
| 2026-05-14 | 19.88 |
| 2026-05-13 | 19.93 |
| 2026-05-12 | 19.69 |
| 2026-05-11 | 19.97 |
| 2026-05-08 | 19.75 |
| 2026-05-07 | 20.57 |
| 2026-05-06 | 19.35 |
| 2026-05-05 | 18.32 |
| 2026-05-04 | 18.09 |
| 2026-05-01 | 18.08 |
| 2026-04-30 | 18.34 |
| 2026-04-29 | 17.85 |
| 2026-04-28 | 18.15 |
| 2026-04-27 | 18.24 |
| 2026-04-24 | 18.30 |
| 2026-04-23 | 18.58 |
| 2026-04-22 | 18.18 |
| 2026-04-21 | 18.70 |
| 2026-04-20 | 19.29 |
| 2026-04-17 | 19.30 |
| 2026-04-16 | 18.69 |
| 2026-04-15 | 19.17 |
| 2026-04-14 | 19.47 |
| 2026-04-13 | 19.33 |
| 2026-04-10 | 19.07 |
| 2026-04-09 | 19.17 |
| 2026-04-08 | 18.87 |
| 2026-04-07 | 17.81 |
| 2026-04-06 | 17.85 |
| 2026-04-02 | 17.56 |
| 2026-04-01 | 18.04 |
| 2026-03-31 | 17.39 |
| 2026-03-30 | 16.83 |
| 2026-03-27 | 17.20 |
| 2026-03-26 | 17.40 |
| 2026-03-25 | 18.24 |
| 2026-03-24 | 18.08 |
| 2026-03-23 | 17.81 |
| 2026-03-20 | 17.45 |
| 2026-03-19 | 17.58 |
| 2026-03-18 | 18.26 |
| 2026-03-17 | 18.13 |
| 2026-03-16 | 18.17 |
| 2026-03-13 | 17.87 |
| 2026-03-12 | 18.40 |
| 2026-03-11 | 18.99 |
| 2026-03-10 | 19.16 |
| 2026-03-09 | 19.18 |
| 2026-03-06 | 18.88 |
| 2026-03-05 | 19.05 |
| 2026-03-04 | 19.63 |
| 2026-03-03 | 19.54 |
| 2026-03-02 | 20.01 |
| 2026-02-27 | 19.81 |
| 2026-02-26 | 19.65 |
| 2026-02-25 | 19.60 |
| 2026-02-24 | 19.69 |
| 2026-02-23 | 19.40 |
| 2026-02-20 | 19.48 |
| 2026-02-19 | 18.97 |
| 2026-02-18 | 18.82 |
| 2026-02-17 | 19.06 |
| 2026-02-13 | 18.88 |
| 2026-02-12 | 19.28 |
| 2026-02-11 | 18.18 |
| 2026-02-10 | 17.68 |
| 2026-02-09 | 17.73 |
| 2026-02-06 | 17.57 |
| 2026-02-05 | 16.51 |
| 2026-02-04 | 16.43 |
| 2026-02-03 | 16.81 |
| 2026-02-02 | 16.32 |
| 2026-01-30 | 16.39 |
| 2026-01-29 | 16.45 |
| 2026-01-28 | 16.60 |
| 2026-01-27 | 16.97 |
| 2026-01-26 | 16.96 |
| 2026-01-23 | 16.92 |
| 2026-01-22 | 17.14 |
| 2026-01-21 | 17.72 |
| 2026-01-20 | 17.35 |
| 2026-01-16 | 17.71 |
| 2026-01-15 | 17.66 |
| 2026-01-14 | 17.34 |
| 2026-01-13 | 17.30 |
| 2026-01-12 | 17.34 |
| 2026-01-09 | 17.19 |
| 2026-01-08 | 16.54 |
| 2026-01-07 | 16.61 |
| 2026-01-06 | 16.91 |
| 2026-01-05 | 16.77 |
| 2026-01-02 | 16.67 |
| 2025-12-31 | 16.14 |
| 2025-12-30 | 16.36 |
| 2025-12-29 | 16.50 |
| 2025-12-26 | 16.63 |
| 2025-12-24 | 16.71 |
| 2025-12-23 | 16.50 |
| 2025-12-22 | 16.39 |
| 2025-12-19 | 16.02 |
| 2025-12-18 | 15.59 |
| 2025-12-17 | 15.06 |
| 2025-12-16 | 15.37 |
| 2025-12-15 | 15.53 |
| 2025-12-12 | 15.62 |
| 2025-12-11 | 15.43 |
| 2025-12-10 | 15.15 |
| 2025-12-09 | 15.07 |
| 2025-12-08 | 15.25 |
| 2025-12-05 | 15.04 |
| 2025-12-04 | 15.46 |
| 2025-12-03 | 15.30 |
| 2025-12-02 | 15.46 |
| 2025-12-01 | 15.65 |
| 2025-11-28 | 16.11 |
| 2025-11-26 | 16.11 |
| 2025-11-25 | 16.04 |
| 2025-11-24 | 15.76 |
| 2025-11-21 | 15.54 |
| 2025-11-20 | 15.59 |
| 2025-11-19 | 15.91 |
| 2025-11-18 | 15.85 |
| 2025-11-17 | 15.77 |
| 2025-11-14 | 16.01 |
| 2025-11-13 | 15.85 |
| 2025-11-12 | 16.15 |
| 2025-11-11 | 16.45 |
| 2025-11-10 | 16.52 |
| 2025-11-07 | 16.27 |
| 2025-11-06 | 16.20 |
| 2025-11-05 | 16.25 |
| 2025-11-04 | 16.14 |
| 2025-11-03 | 16.28 |
| 2025-10-31 | 16.22 |
| 2025-10-30 | 16.29 |
| 2025-10-29 | 16.43 |
| 2025-10-28 | 16.23 |
| 2025-10-27 | 16.29 |
| 2025-10-24 | 16.02 |
| 2025-10-23 | 16.15 |
| 2025-10-22 | 15.44 |
| 2025-10-21 | 15.92 |
| 2025-10-20 | 15.54 |
| 2025-10-17 | 15.31 |
| 2025-10-16 | 15.47 |
| 2025-10-15 | 15.52 |
| 2025-10-14 | 15.58 |
| 2025-10-13 | 15.34 |
| 2025-10-10 | 14.86 |
| 2025-10-09 | 15.24 |
| 2025-10-08 | 15.47 |
| 2025-10-07 | 15.46 |
| 2025-10-06 | 15.38 |
| 2025-10-03 | 15.28 |
| 2025-10-02 | 15.42 |
| 2025-10-01 | 15.73 |
| 2025-09-30 | 15.84 |
| 2025-09-29 | 15.49 |
| 2025-09-26 | 15.59 |
| 2025-09-25 | 15.33 |
| 2025-09-24 | 15.35 |
| 2025-09-23 | 15.63 |
| 2025-09-22 | 15.51 |
| 2025-09-19 | 15.36 |
| 2025-09-18 | 15.49 |
| 2025-09-17 | 14.97 |
| 2025-09-16 | 15.13 |
| 2025-09-15 | 15.28 |
| 2025-09-12 | 15.00 |
| 2025-09-11 | 14.87 |
| 2025-09-10 | 14.84 |
| 2025-09-09 | 14.45 |
| 2025-09-08 | 14.48 |
| 2025-09-05 | 14.38 |
| 2025-09-04 | 14.49 |
| 2025-09-03 | 14.09 |
| 2025-09-02 | 13.98 |
| 2025-08-29 | 14.05 |
Showing the most recent 260 of 2,907 data points. The chart above shows the full history.