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 20.30 is 42% above its estimated 5-year average of 14.26, around the middle of its estimated 5-year range (2.15–34.75).
As of 2026-09-22T09:16:20.403Z. 14.80% below its estimated 12-month average of 23.83.
Calculation as of: 2026-09-22T09:16:20.403Z.
Quote observation: 2026-09-21T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b474d7c0f95b74259dd3cc5a046b7a8b138d55e68a5ae433f44a75d16af5a691
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 2026-09-09.
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
20.30
PB RATIO AVG TTM
23.83
PB RATIO AVG 3Y
19.94
PB RATIO AVG 5Y
14.26
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-14.80%
CURRENT VS 3Y AVG
+1.81%
CURRENT VS 5Y AVG
+42.38%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.15
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+294.17%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertiv Holdings Co (VRT) | $96.58B | 20.30 | 23.83 | 19.94 | 14.26 |
| Quanta Services, Inc. (PWR)vs › | $96.61B | 10.02 | 9.62 | 7.30 | 6.01 |
| General Dynamics Corporation (GD)vs › | $95.75B | 3.57 | 3.79 | 3.61 | 3.58 |
| Trane Technologies plc (TT)vs › | $95.34B | 11.03 | 11.67 | 11.02 | 9.24 |
| Howmet Aerospace Inc. (HWM)vs › | $90.97B | 15.87 | 17.83 | 12.27 | 9.18 |
| CSX Corporation (CSX)vs › | $85.20B | 6.05 | 5.87 | 5.44 | 5.42 |
| 3M Company (MMM)vs › | $85.07B | 28.82 | 22.26 | 17.12 | 12.12 |
| Emerson Electric Co. (EMR)vs › | $84.92B | 4.17 | 3.92 | 3.39 | 4.03 |
| Waste Management, Inc. (WM)vs › | $82.76B | 8.34 | 9.24 | 10.40 | 9.99 |
| United Parcel Service, Inc. (UPS)vs › | $80.49B | 5.34 | 5.46 | 6.07 | 7.96 |
At 20.30, P/B is above its estimated 8-year median — higher than 82% of readings in its estimated 8-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 8-year low
0.97
median
11.32
estimated 8-year high
34.75
P/B Ratio
20.30
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 |
|---|---|
| 2026-09-09 | 21.70 |
| 2026-09-08 | 24.01 |
| 2026-09-04 | 23.16 |
| 2026-09-03 | 22.19 |
| 2026-09-02 | 21.19 |
| 2026-09-01 | 21.13 |
| 2026-08-31 | 21.36 |
| 2026-08-28 | 21.22 |
| 2026-08-27 | 22.23 |
| 2026-08-26 | 21.78 |
| 2026-08-25 | 21.11 |
| 2026-08-24 | 21.05 |
| 2026-08-21 | 21.62 |
| 2026-08-20 | 21.85 |
| 2026-08-19 | 21.55 |
| 2026-08-18 | 22.50 |
| 2026-08-17 | 24.14 |
| 2026-08-14 | 24.26 |
| 2026-08-13 | 23.70 |
| 2026-08-12 | 23.80 |
| 2026-08-11 | 23.26 |
| 2026-08-10 | 22.30 |
| 2026-08-07 | 22.49 |
| 2026-08-06 | 22.72 |
| 2026-08-05 | 22.94 |
| 2026-08-04 | 22.28 |
| 2026-08-03 | 21.72 |
| 2026-07-31 | 19.94 |
| 2026-07-30 | 18.78 |
| 2026-07-29 | 20.60 |
| 2026-07-28 | 24.90 |
| 2026-07-27 | 26.57 |
| 2026-07-24 | 26.82 |
| 2026-07-23 | 28.09 |
| 2026-07-22 | 27.82 |
| 2026-07-21 | 28.13 |
| 2026-07-20 | 26.94 |
| 2026-07-17 | 26.75 |
| 2026-07-16 | 27.17 |
| 2026-07-15 | 28.14 |
| 2026-07-14 | 28.04 |
| 2026-07-13 | 28.26 |
| 2026-07-10 | 29.46 |
| 2026-07-09 | 29.92 |
| 2026-07-08 | 29.36 |
| 2026-07-07 | 28.23 |
| 2026-07-06 | 29.42 |
| 2026-07-02 | 27.76 |
| 2026-07-01 | 28.77 |
| 2026-06-30 | 30.93 |
| 2026-06-29 | 28.36 |
| 2026-06-26 | 28.08 |
| 2026-06-25 | 30.07 |
| 2026-06-24 | 29.23 |
| 2026-06-23 | 29.41 |
| 2026-06-22 | 33.07 |
| 2026-06-18 | 30.77 |
| 2026-06-17 | 29.34 |
| 2026-06-16 | 27.68 |
| 2026-06-15 | 28.81 |
| 2026-06-12 | 27.98 |
| 2026-06-11 | 27.52 |
| 2026-06-10 | 25.96 |
| 2026-06-09 | 26.74 |
| 2026-06-08 | 27.77 |
| 2026-06-05 | 27.76 |
| 2026-06-04 | 29.92 |
| 2026-06-03 | 30.62 |
| 2026-06-02 | 30.90 |
| 2026-06-01 | 29.87 |
| 2026-05-29 | 29.16 |
| 2026-05-28 | 29.02 |
| 2026-05-27 | 29.54 |
| 2026-05-26 | 29.92 |
| 2026-05-22 | 30.25 |
| 2026-05-21 | 29.87 |
| 2026-05-20 | 29.16 |
| 2026-05-19 | 29.80 |
| 2026-05-18 | 31.38 |
| 2026-05-15 | 34.27 |
| 2026-05-14 | 34.75 |
| 2026-05-13 | 34.18 |
| 2026-05-12 | 33.91 |
| 2026-05-11 | 33.99 |
| 2026-05-08 | 31.41 |
| 2026-05-07 | 31.41 |
| 2026-05-06 | 33.16 |
| 2026-05-05 | 31.50 |
| 2026-05-04 | 30.57 |
| 2026-05-01 | 30.33 |
| 2026-04-30 | 30.34 |
| 2026-04-29 | 28.28 |
| 2026-04-28 | 28.18 |
| 2026-04-27 | 29.78 |
| 2026-04-24 | 29.88 |
| 2026-04-23 | 29.72 |
| 2026-04-22 | 30.32 |
| 2026-04-21 | 31.05 |
| 2026-04-20 | 31.24 |
| 2026-04-17 | 30.54 |
| 2026-04-16 | 29.23 |
| 2026-04-15 | 29.93 |
| 2026-04-14 | 30.86 |
| 2026-04-13 | 29.81 |
| 2026-04-10 | 29.33 |
| 2026-04-09 | 28.58 |
| 2026-04-08 | 27.93 |
| 2026-04-07 | 26.07 |
| 2026-04-06 | 25.71 |
| 2026-04-02 | 25.97 |
| 2026-04-01 | 25.78 |
| 2026-03-31 | 24.90 |
| 2026-03-30 | 23.28 |
| 2026-03-27 | 24.95 |
| 2026-03-26 | 25.08 |
| 2026-03-25 | 27.44 |
| 2026-03-24 | 26.92 |
| 2026-03-23 | 25.44 |
| 2026-03-20 | 25.43 |
| 2026-03-19 | 26.75 |
| 2026-03-18 | 26.31 |
| 2026-03-17 | 26.67 |
| 2026-03-16 | 26.31 |
| 2026-03-13 | 25.73 |
| 2026-03-12 | 26.37 |
| 2026-03-11 | 26.66 |
| 2026-03-10 | 26.84 |
| 2026-03-09 | 26.27 |
| 2026-03-06 | 24.03 |
| 2026-03-05 | 24.82 |
| 2026-03-04 | 24.97 |
| 2026-03-03 | 24.29 |
| 2026-03-02 | 25.61 |
| 2026-02-27 | 25.33 |
| 2026-02-26 | 25.76 |
| 2026-02-25 | 26.06 |
| 2026-02-24 | 25.16 |
| 2026-02-23 | 24.39 |
| 2026-02-20 | 24.22 |
| 2026-02-19 | 24.15 |
| 2026-02-18 | 24.17 |
| 2026-02-17 | 24.20 |
| 2026-02-13 | 26.09 |
| 2026-02-12 | 26.31 |
| 2026-02-11 | 27.64 |
| 2026-02-10 | 22.20 |
| 2026-02-09 | 22.47 |
| 2026-02-06 | 21.75 |
| 2026-02-05 | 19.77 |
| 2026-02-04 | 20.31 |
| 2026-02-03 | 21.15 |
| 2026-02-02 | 21.13 |
| 2026-01-30 | 20.71 |
| 2026-01-29 | 21.70 |
| 2026-01-28 | 21.55 |
| 2026-01-27 | 21.05 |
| 2026-01-26 | 20.16 |
| 2026-01-23 | 20.30 |
| 2026-01-22 | 20.15 |
| 2026-01-21 | 20.18 |
| 2026-01-20 | 19.48 |
| 2026-01-16 | 19.68 |
| 2026-01-15 | 19.19 |
| 2026-01-14 | 19.00 |
| 2026-01-13 | 19.21 |
| 2026-01-12 | 18.91 |
| 2026-01-09 | 18.19 |
| 2026-01-08 | 17.88 |
| 2026-01-07 | 19.08 |
| 2026-01-06 | 19.46 |
| 2026-01-05 | 19.35 |
| 2026-01-02 | 19.53 |
| 2025-12-31 | 18.02 |
| 2025-12-30 | 18.28 |
| 2025-12-29 | 18.42 |
| 2025-12-26 | 18.64 |
| 2025-12-24 | 18.56 |
| 2025-12-23 | 18.49 |
| 2025-12-22 | 18.49 |
| 2025-12-19 | 17.78 |
| 2025-12-18 | 17.17 |
| 2025-12-17 | 16.66 |
| 2025-12-16 | 17.87 |
| 2025-12-15 | 17.99 |
| 2025-12-12 | 17.94 |
| 2025-12-11 | 19.87 |
| 2025-12-10 | 20.22 |
| 2025-12-09 | 19.84 |
| 2025-12-08 | 20.64 |
| 2025-12-05 | 21.02 |
| 2025-12-04 | 20.30 |
| 2025-12-03 | 19.90 |
| 2025-12-02 | 20.12 |
| 2025-12-01 | 19.93 |
| 2025-11-28 | 19.99 |
| 2025-11-26 | 19.13 |
| 2025-11-25 | 18.86 |
| 2025-11-24 | 18.79 |
| 2025-11-21 | 17.78 |
| 2025-11-20 | 17.75 |
| 2025-11-19 | 18.98 |
| 2025-11-18 | 18.34 |
| 2025-11-17 | 18.54 |
| 2025-11-14 | 19.02 |
| 2025-11-13 | 18.20 |
| 2025-11-12 | 19.28 |
| 2025-11-11 | 19.91 |
| 2025-11-10 | 20.89 |
| 2025-11-07 | 20.00 |
| 2025-11-06 | 20.36 |
| 2025-11-05 | 21.21 |
| 2025-11-04 | 20.11 |
| 2025-11-03 | 21.29 |
| 2025-10-31 | 21.45 |
| 2025-10-30 | 21.55 |
| 2025-10-29 | 22.16 |
| 2025-10-28 | 21.20 |
| 2025-10-27 | 21.46 |
| 2025-10-24 | 20.69 |
| 2025-10-23 | 20.38 |
| 2025-10-22 | 21.40 |
| 2025-10-21 | 21.80 |
| 2025-10-20 | 21.92 |
| 2025-10-17 | 21.70 |
| 2025-10-16 | 22.18 |
| 2025-10-15 | 22.52 |
| 2025-10-14 | 21.85 |
| 2025-10-13 | 22.33 |
| 2025-10-10 | 21.08 |
| 2025-10-09 | 21.07 |
| 2025-10-08 | 20.88 |
| 2025-10-07 | 19.82 |
| 2025-10-06 | 20.31 |
| 2025-10-03 | 19.98 |
| 2025-10-02 | 20.16 |
| 2025-10-01 | 20.16 |
| 2025-09-30 | 18.82 |
| 2025-09-29 | 17.88 |
| 2025-09-26 | 17.29 |
| 2025-09-25 | 17.43 |
| 2025-09-24 | 17.66 |
| 2025-09-23 | 17.79 |
| 2025-09-22 | 18.95 |
| 2025-09-19 | 17.91 |
| 2025-09-18 | 17.71 |
| 2025-09-17 | 17.07 |
| 2025-09-16 | 17.05 |
| 2025-09-15 | 17.25 |
| 2025-09-12 | 16.82 |
| 2025-09-11 | 16.93 |
| 2025-09-10 | 17.06 |
| 2025-09-09 | 15.66 |
| 2025-09-08 | 15.20 |
| 2025-09-05 | 15.47 |
| 2025-09-04 | 15.68 |
| 2025-09-03 | 15.67 |
| 2025-09-02 | 15.47 |
| 2025-08-29 | 15.91 |
| 2025-08-28 | 16.74 |
| 2025-08-27 | 16.13 |
Showing the most recent 260 of 1,968 data points. The chart above shows the full history.