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 3.46 is in line with its 5-year average of 3.21, around the middle of its 5-year range (1.86–5.18).
12.52% below its 12-month average of 3.96.
PB RATIO
3.46
PB RATIO AVG TTM
3.96
PB RATIO AVG 3Y
3.72
PB RATIO AVG 5Y
3.21
PB RATIO AVG 10Y
2.71
PB RATIO AVG 15Y
2.28
PB RATIO AVG 20Y
2.36
CURRENT VS TTM AVG
-12.52%
CURRENT VS 3Y AVG
-6.93%
CURRENT VS 5Y AVG
+7.94%
CURRENT VS 10Y AVG
+27.58%
CURRENT VS 15Y AVG
+51.96%
CURRENT VS 20Y AVG
+46.80%
SECTOR MEDIAN · COMMUNICATION SERVICES
3.46
median of 27 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| T-Mobile US, Inc. (TMUS) | $190.09B | 3.46 | 3.96 | 3.72 | 3.21 |
| Verizon Communications Inc. (VZ)vs › | $197.59B | 1.89 | 1.80 | 1.77 | 1.98 |
| The Walt Disney Company (DIS)vs › | $167.82B | 1.55 | 1.77 | 1.81 | 2.06 |
| AT&T Inc. (T)vs › | $167.27B | 1.52 | 1.70 | 1.51 | 1.33 |
| Spotify Technology S.A. (SPOT)vs › | $101.72B | 10.90 | 13.49 | 16.34 | 14.46 |
| Netflix, Inc. (NFLX)vs › | $293.14B | 9.91 | 15.91 | 14.69 | 12.83 |
| Comcast Corporation (CMCSA)vs › | $80.91B | 0.89 | 1.11 | 1.64 | 1.85 |
| DoorDash, Inc. (DASH)vs › | $80.33B | 7.50 | 9.61 | 8.46 | 7.76 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $63.38B | 1.93 | 1.71 | 0.97 | 0.98 |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.75B | 151.63 | 154.47 | 142.66 | 142.66 |
At 3.46, P/B is richer than usual, sitting higher than 84% of its 19-year history.
19-year low
0.59
median
2.41
19-year high
14.78
P/B Ratio
3.46
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 |
|---|---|
| 2026-07-24 | 3.46 |
| 2026-07-23 | 3.28 |
| 2026-07-22 | 3.77 |
| 2026-07-21 | 3.76 |
| 2026-07-20 | 3.86 |
| 2026-07-17 | 3.80 |
| 2026-07-16 | 3.80 |
| 2026-07-15 | 3.70 |
| 2026-07-14 | 3.69 |
| 2026-07-13 | 3.72 |
| 2026-07-10 | 3.70 |
| 2026-07-09 | 3.58 |
| 2026-07-08 | 3.55 |
| 2026-07-07 | 3.64 |
| 2026-07-06 | 3.59 |
| 2026-07-02 | 3.50 |
| 2026-07-01 | 3.41 |
| 2026-06-30 | 3.31 |
| 2026-06-29 | 3.43 |
| 2026-06-26 | 3.60 |
| 2026-06-25 | 3.58 |
| 2026-06-24 | 3.57 |
| 2026-06-23 | 3.64 |
| 2026-06-22 | 3.55 |
| 2026-06-18 | 3.58 |
| 2026-06-17 | 3.58 |
| 2026-06-16 | 3.64 |
| 2026-06-15 | 3.72 |
| 2026-06-12 | 3.73 |
| 2026-06-11 | 3.66 |
| 2026-06-10 | 3.66 |
| 2026-06-09 | 3.54 |
| 2026-06-08 | 3.52 |
| 2026-06-05 | 3.51 |
| 2026-06-04 | 3.49 |
| 2026-06-03 | 3.58 |
| 2026-06-02 | 3.72 |
| 2026-06-01 | 3.68 |
| 2026-05-29 | 3.70 |
| 2026-05-28 | 3.73 |
| 2026-05-27 | 3.76 |
| 2026-05-26 | 3.77 |
| 2026-05-22 | 3.78 |
| 2026-05-21 | 3.76 |
| 2026-05-20 | 3.75 |
| 2026-05-19 | 3.81 |
| 2026-05-18 | 3.76 |
| 2026-05-15 | 3.65 |
| 2026-05-14 | 3.71 |
| 2026-05-13 | 3.75 |
| 2026-05-12 | 3.81 |
| 2026-05-11 | 3.76 |
| 2026-05-08 | 3.82 |
| 2026-05-07 | 3.83 |
| 2026-05-06 | 3.81 |
| 2026-05-05 | 3.83 |
| 2026-05-04 | 3.83 |
| 2026-05-01 | 3.87 |
| 2026-04-30 | 3.86 |
| 2026-04-29 | 3.91 |
| 2026-04-28 | 3.68 |
| 2026-04-27 | 3.45 |
| 2026-04-24 | 3.58 |
| 2026-04-23 | 3.66 |
| 2026-04-22 | 3.57 |
| 2026-04-21 | 3.69 |
| 2026-04-20 | 3.74 |
| 2026-04-17 | 3.73 |
| 2026-04-16 | 3.72 |
| 2026-04-15 | 3.59 |
| 2026-04-14 | 3.59 |
| 2026-04-13 | 3.63 |
| 2026-04-10 | 3.69 |
| 2026-04-09 | 3.73 |
| 2026-04-08 | 3.73 |
| 2026-04-07 | 3.78 |
| 2026-04-06 | 3.75 |
| 2026-04-02 | 3.80 |
| 2026-04-01 | 3.85 |
| 2026-03-31 | 3.96 |
| 2026-03-30 | 4.04 |
| 2026-03-27 | 3.98 |
| 2026-03-26 | 3.99 |
| 2026-03-25 | 3.99 |
| 2026-03-24 | 3.99 |
| 2026-03-23 | 3.94 |
| 2026-03-20 | 3.93 |
| 2026-03-19 | 3.90 |
| 2026-03-18 | 3.90 |
| 2026-03-17 | 4.03 |
| 2026-03-16 | 4.05 |
| 2026-03-13 | 4.10 |
| 2026-03-12 | 4.05 |
| 2026-03-11 | 4.03 |
| 2026-03-10 | 4.13 |
| 2026-03-09 | 4.11 |
| 2026-03-06 | 4.18 |
| 2026-03-05 | 4.16 |
| 2026-03-04 | 4.15 |
| 2026-03-03 | 4.12 |
| 2026-03-02 | 4.08 |
| 2026-02-27 | 4.10 |
| 2026-02-26 | 4.02 |
| 2026-02-25 | 4.13 |
| 2026-02-24 | 4.19 |
| 2026-02-23 | 4.15 |
| 2026-02-20 | 4.07 |
| 2026-02-19 | 4.06 |
| 2026-02-18 | 4.02 |
| 2026-02-17 | 4.14 |
| 2026-02-13 | 4.14 |
| 2026-02-12 | 4.05 |
| 2026-02-11 | 3.95 |
| 2026-02-10 | 3.72 |
| 2026-02-09 | 3.68 |
| 2026-02-06 | 3.68 |
| 2026-02-05 | 3.76 |
| 2026-02-04 | 3.76 |
| 2026-02-03 | 3.68 |
| 2026-02-02 | 3.63 |
| 2026-01-30 | 3.67 |
| 2026-01-29 | 3.53 |
| 2026-01-28 | 3.47 |
| 2026-01-27 | 3.44 |
| 2026-01-26 | 3.50 |
| 2026-01-23 | 3.47 |
| 2026-01-22 | 3.45 |
| 2026-01-21 | 3.42 |
| 2026-01-20 | 3.42 |
| 2026-01-16 | 3.47 |
| 2026-01-15 | 3.55 |
| 2026-01-14 | 3.58 |
| 2026-01-13 | 3.53 |
| 2026-01-12 | 3.68 |
| 2026-01-09 | 3.74 |
| 2026-01-08 | 3.69 |
| 2026-01-07 | 3.68 |
| 2026-01-06 | 3.70 |
| 2026-01-05 | 3.74 |
| 2026-01-02 | 3.72 |
| 2025-12-31 | 3.78 |
| 2025-12-30 | 3.80 |
| 2025-12-29 | 3.78 |
| 2025-12-26 | 3.74 |
| 2025-12-24 | 3.71 |
| 2025-12-23 | 3.68 |
| 2025-12-22 | 3.65 |
| 2025-12-19 | 3.66 |
| 2025-12-18 | 3.73 |
| 2025-12-17 | 3.71 |
| 2025-12-16 | 3.69 |
| 2025-12-15 | 3.65 |
| 2025-12-12 | 3.64 |
| 2025-12-11 | 3.64 |
| 2025-12-10 | 3.64 |
| 2025-12-09 | 3.75 |
| 2025-12-08 | 3.81 |
| 2025-12-05 | 3.91 |
| 2025-12-04 | 3.88 |
| 2025-12-03 | 3.88 |
| 2025-12-02 | 3.91 |
| 2025-12-01 | 3.85 |
| 2025-11-28 | 3.89 |
| 2025-11-26 | 3.85 |
| 2025-11-25 | 3.85 |
| 2025-11-24 | 3.86 |
| 2025-11-21 | 3.90 |
| 2025-11-20 | 3.92 |
| 2025-11-19 | 3.94 |
| 2025-11-18 | 3.97 |
| 2025-11-17 | 4.02 |
| 2025-11-14 | 4.03 |
| 2025-11-13 | 4.00 |
| 2025-11-12 | 3.96 |
| 2025-11-11 | 3.95 |
| 2025-11-10 | 3.84 |
| 2025-11-07 | 3.86 |
| 2025-11-06 | 3.74 |
| 2025-11-05 | 3.81 |
| 2025-11-04 | 3.84 |
| 2025-11-03 | 3.79 |
| 2025-10-31 | 3.91 |
| 2025-10-30 | 3.92 |
| 2025-10-29 | 4.01 |
| 2025-10-28 | 4.10 |
| 2025-10-27 | 4.11 |
| 2025-10-24 | 4.06 |
| 2025-10-23 | 4.10 |
| 2025-10-22 | 4.22 |
| 2025-10-21 | 4.25 |
| 2025-10-20 | 4.27 |
| 2025-10-17 | 4.26 |
| 2025-10-16 | 4.21 |
| 2025-10-15 | 4.21 |
| 2025-10-14 | 4.26 |
| 2025-10-13 | 4.18 |
| 2025-10-10 | 4.25 |
| 2025-10-09 | 4.20 |
| 2025-10-08 | 4.21 |
| 2025-10-07 | 4.23 |
| 2025-10-06 | 4.18 |
| 2025-10-03 | 4.28 |
| 2025-10-02 | 4.27 |
| 2025-10-01 | 4.33 |
| 2025-09-30 | 4.45 |
| 2025-09-29 | 4.42 |
| 2025-09-26 | 4.41 |
| 2025-09-25 | 4.42 |
| 2025-09-24 | 4.43 |
| 2025-09-23 | 4.45 |
| 2025-09-22 | 4.41 |
| 2025-09-19 | 4.42 |
| 2025-09-18 | 4.44 |
| 2025-09-17 | 4.45 |
| 2025-09-16 | 4.41 |
| 2025-09-15 | 4.45 |
| 2025-09-12 | 4.49 |
| 2025-09-11 | 4.48 |
| 2025-09-10 | 4.46 |
| 2025-09-09 | 4.51 |
| 2025-09-08 | 4.51 |
| 2025-09-05 | 4.69 |
| 2025-09-04 | 4.68 |
| 2025-09-03 | 4.69 |
| 2025-09-02 | 4.75 |
| 2025-08-29 | 4.68 |
| 2025-08-28 | 4.65 |
| 2025-08-27 | 4.67 |
| 2025-08-26 | 4.67 |
| 2025-08-25 | 4.68 |
| 2025-08-22 | 4.68 |
| 2025-08-21 | 4.79 |
| 2025-08-20 | 4.81 |
| 2025-08-19 | 4.80 |
| 2025-08-18 | 4.74 |
| 2025-08-15 | 4.73 |
| 2025-08-14 | 4.65 |
| 2025-08-13 | 4.66 |
| 2025-08-12 | 4.69 |
| 2025-08-11 | 4.62 |
| 2025-08-08 | 4.55 |
| 2025-08-07 | 4.51 |
| 2025-08-06 | 4.44 |
| 2025-08-05 | 4.44 |
| 2025-08-04 | 4.48 |
| 2025-08-01 | 4.41 |
| 2025-07-31 | 4.43 |
| 2025-07-30 | 4.49 |
| 2025-07-29 | 4.44 |
| 2025-07-28 | 4.42 |
| 2025-07-25 | 4.52 |
| 2025-07-24 | 4.60 |
| 2025-07-23 | 4.34 |
| 2025-07-22 | 4.37 |
| 2025-07-21 | 4.36 |
| 2025-07-18 | 4.26 |
| 2025-07-17 | 4.25 |
| 2025-07-16 | 4.28 |
| 2025-07-15 | 4.23 |
| 2025-07-14 | 4.27 |
Showing the most recent 260 of 4,847 data points. The chart above shows the full history.
