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 9.11 is in line with its 5-year average of 9.99, near the low end of its 5-year range (8.23–12.73).
As of Thursday, August 13, 2026. 2.04% below its 12-month average of 9.30.
PB RATIO
9.11
PB RATIO AVG TTM
9.30
PB RATIO AVG 3Y
10.40
PB RATIO AVG 5Y
9.99
PB RATIO AVG 10Y
8.33
PB RATIO AVG 15Y
6.72
PB RATIO AVG 20Y
5.75
CURRENT VS TTM AVG
-2.04%
CURRENT VS 3Y AVG
-12.38%
CURRENT VS 5Y AVG
-8.79%
CURRENT VS 10Y AVG
+9.41%
CURRENT VS 15Y AVG
+35.63%
CURRENT VS 20Y AVG
+58.55%
SECTOR MEDIAN · INDUSTRIALS
5.92
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+54.02%
vs the sector median at left
Market Cap
$82.63B
PB Ratio
2.54
TTM Avg
2.45
3Y Avg
2.34
5Y Avg
2.70
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $89.94B | 9.11 | 9.30 | 10.40 | 9.99 |
| United Parcel Service, Inc. (UPS)vs › | $88.83B | 5.96 | 5.38 | 6.11 | 8.10 |
| Emerson Electric Co. (EMR)vs › | $91.25B | 4.52 | 3.88 | 3.35 | 4.07 |
| Cummins Inc. (CMI)vs › | $87.41B | 6.81 | 6.29 | 4.87 | 4.43 |
| CSX Corporation (CSX)vs › | $93.13B | 6.62 | 5.75 | 5.40 | 5.40 |
| 3M Company (MMM)vs › | $94.66B | 32.65 | 21.39 | 16.49 | 11.74 |
| Illinois Tool Works Inc. (ITW)vs › | $83.34B | 28.86 | 23.85 | 23.93 | 22.68 |
| Northrop Grumman Corporation (NOC)vs › | $82.89B | 4.58 | 5.25 | 4.93 | 5.04 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $82.63B | 2.54 | 2.45 | 2.34 | 2.70 |
| Cintas Corporation (CTAS)vs › | $79.78B | 15.79 | 16.42 | 17.21 | 15.52 |
At 9.11, P/B is above its 20-year median — higher than 80% of readings in its 20-year history.
20-year low
1.86
median
5.40
20-year high
12.73
P/B Ratio
9.11
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 |
|---|---|
| 2026-08-13 | 9.11 |
| 2026-08-12 | 9.20 |
| 2026-08-11 | 9.22 |
| 2026-08-10 | 9.21 |
| 2026-08-07 | 9.25 |
| 2026-08-06 | 9.30 |
| 2026-08-05 | 9.11 |
| 2026-08-04 | 9.15 |
| 2026-08-03 | 9.20 |
| 2026-07-31 | 9.20 |
| 2026-07-30 | 9.20 |
| 2026-07-29 | 9.61 |
| 2026-07-28 | 9.66 |
| 2026-07-27 | 9.60 |
| 2026-07-24 | 9.63 |
| 2026-07-23 | 9.57 |
| 2026-07-22 | 9.54 |
| 2026-07-21 | 9.41 |
| 2026-07-20 | 9.65 |
| 2026-07-17 | 9.66 |
| 2026-07-16 | 9.78 |
| 2026-07-15 | 9.39 |
| 2026-07-14 | 9.45 |
| 2026-07-13 | 9.55 |
| 2026-07-10 | 9.42 |
| 2026-07-09 | 9.35 |
| 2026-07-08 | 9.44 |
| 2026-07-07 | 9.57 |
| 2026-07-06 | 9.24 |
| 2026-07-02 | 9.30 |
| 2026-07-01 | 9.04 |
| 2026-06-30 | 8.99 |
| 2026-06-29 | 9.01 |
| 2026-06-26 | 9.10 |
| 2026-06-25 | 9.00 |
| 2026-06-24 | 9.01 |
| 2026-06-23 | 8.83 |
| 2026-06-22 | 8.61 |
| 2026-06-18 | 8.66 |
| 2026-06-17 | 8.71 |
| 2026-06-16 | 8.82 |
| 2026-06-15 | 8.75 |
| 2026-06-12 | 8.86 |
| 2026-06-11 | 8.83 |
| 2026-06-10 | 9.05 |
| 2026-06-09 | 8.93 |
| 2026-06-08 | 8.72 |
| 2026-06-05 | 8.89 |
| 2026-06-04 | 8.84 |
| 2026-06-03 | 8.80 |
| 2026-06-02 | 8.55 |
| 2026-06-01 | 8.58 |
| 2026-05-29 | 8.53 |
| 2026-05-28 | 8.65 |
| 2026-05-27 | 8.70 |
| 2026-05-26 | 8.69 |
| 2026-05-22 | 8.79 |
| 2026-05-21 | 8.79 |
| 2026-05-20 | 8.86 |
| 2026-05-19 | 8.97 |
| 2026-05-18 | 8.99 |
| 2026-05-15 | 8.87 |
| 2026-05-14 | 8.83 |
| 2026-05-13 | 8.73 |
| 2026-05-12 | 8.78 |
| 2026-05-11 | 8.64 |
| 2026-05-08 | 8.69 |
| 2026-05-07 | 8.94 |
| 2026-05-06 | 8.90 |
| 2026-05-05 | 9.06 |
| 2026-05-04 | 9.19 |
| 2026-05-01 | 9.23 |
| 2026-04-30 | 9.38 |
| 2026-04-29 | 9.29 |
| 2026-04-28 | 9.21 |
| 2026-04-27 | 9.16 |
| 2026-04-24 | 9.29 |
| 2026-04-23 | 9.43 |
| 2026-04-22 | 9.07 |
| 2026-04-21 | 9.05 |
| 2026-04-20 | 9.08 |
| 2026-04-17 | 9.07 |
| 2026-04-16 | 9.07 |
| 2026-04-15 | 9.11 |
| 2026-04-14 | 9.19 |
| 2026-04-13 | 9.35 |
| 2026-04-10 | 9.29 |
| 2026-04-09 | 9.44 |
| 2026-04-08 | 9.37 |
| 2026-04-07 | 9.45 |
| 2026-04-06 | 9.47 |
| 2026-04-02 | 9.53 |
| 2026-04-01 | 9.35 |
| 2026-03-31 | 9.30 |
| 2026-03-30 | 9.31 |
| 2026-03-27 | 9.11 |
| 2026-03-26 | 9.17 |
| 2026-03-25 | 9.10 |
| 2026-03-24 | 9.11 |
| 2026-03-23 | 9.21 |
| 2026-03-20 | 9.36 |
| 2026-03-19 | 9.47 |
| 2026-03-18 | 9.47 |
| 2026-03-17 | 9.56 |
| 2026-03-16 | 9.59 |
| 2026-03-13 | 9.66 |
| 2026-03-12 | 9.66 |
| 2026-03-11 | 9.58 |
| 2026-03-10 | 9.54 |
| 2026-03-09 | 9.98 |
| 2026-03-06 | 9.96 |
| 2026-03-05 | 9.96 |
| 2026-03-04 | 9.88 |
| 2026-03-03 | 9.86 |
| 2026-03-02 | 9.84 |
| 2026-02-27 | 9.75 |
| 2026-02-26 | 9.47 |
| 2026-02-25 | 9.24 |
| 2026-02-24 | 9.30 |
| 2026-02-23 | 9.34 |
| 2026-02-20 | 9.33 |
| 2026-02-19 | 9.45 |
| 2026-02-18 | 9.48 |
| 2026-02-17 | 9.52 |
| 2026-02-13 | 9.50 |
| 2026-02-12 | 9.35 |
| 2026-02-11 | 9.50 |
| 2026-02-10 | 9.38 |
| 2026-02-09 | 9.33 |
| 2026-02-06 | 9.63 |
| 2026-02-05 | 9.62 |
| 2026-02-04 | 9.62 |
| 2026-02-03 | 9.56 |
| 2026-02-02 | 9.48 |
| 2026-01-30 | 9.44 |
| 2026-01-29 | 9.48 |
| 2026-01-28 | 9.84 |
| 2026-01-27 | 9.83 |
| 2026-01-26 | 9.78 |
| 2026-01-23 | 9.74 |
| 2026-01-22 | 9.73 |
| 2026-01-21 | 9.62 |
| 2026-01-20 | 9.40 |
| 2026-01-16 | 9.40 |
| 2026-01-15 | 9.34 |
| 2026-01-14 | 9.29 |
| 2026-01-13 | 9.18 |
| 2026-01-12 | 9.28 |
| 2026-01-09 | 9.38 |
| 2026-01-08 | 9.25 |
| 2026-01-07 | 9.17 |
| 2026-01-06 | 9.30 |
| 2026-01-05 | 9.32 |
| 2026-01-02 | 9.28 |
| 2025-12-31 | 9.33 |
| 2025-12-30 | 9.43 |
| 2025-12-29 | 9.44 |
| 2025-12-26 | 9.39 |
| 2025-12-24 | 9.40 |
| 2025-12-23 | 9.36 |
| 2025-12-22 | 9.33 |
| 2025-12-19 | 9.19 |
| 2025-12-18 | 9.27 |
| 2025-12-17 | 9.33 |
| 2025-12-16 | 9.30 |
| 2025-12-15 | 9.27 |
| 2025-12-12 | 9.16 |
| 2025-12-11 | 9.01 |
| 2025-12-10 | 8.88 |
| 2025-12-09 | 8.89 |
| 2025-12-08 | 8.93 |
| 2025-12-05 | 9.07 |
| 2025-12-04 | 9.10 |
| 2025-12-03 | 9.18 |
| 2025-12-02 | 9.11 |
| 2025-12-01 | 9.17 |
| 2025-11-28 | 9.25 |
| 2025-11-26 | 9.23 |
| 2025-11-25 | 9.18 |
| 2025-11-24 | 9.00 |
| 2025-11-21 | 9.20 |
| 2025-11-20 | 9.21 |
| 2025-11-19 | 9.16 |
| 2025-11-18 | 8.97 |
| 2025-11-17 | 8.83 |
| 2025-11-14 | 8.88 |
| 2025-11-13 | 8.69 |
| 2025-11-12 | 8.66 |
| 2025-11-11 | 8.63 |
| 2025-11-10 | 8.51 |
| 2025-11-07 | 8.58 |
| 2025-11-06 | 8.48 |
| 2025-11-05 | 8.52 |
| 2025-11-04 | 8.52 |
| 2025-11-03 | 8.36 |
| 2025-10-31 | 8.48 |
| 2025-10-30 | 8.52 |
| 2025-10-29 | 8.39 |
| 2025-10-28 | 8.67 |
| 2025-10-27 | 9.39 |
| 2025-10-24 | 9.43 |
| 2025-10-23 | 9.50 |
| 2025-10-22 | 9.51 |
| 2025-10-21 | 9.44 |
| 2025-10-20 | 9.46 |
| 2025-10-17 | 9.47 |
| 2025-10-16 | 9.37 |
| 2025-10-15 | 9.39 |
| 2025-10-14 | 9.58 |
| 2025-10-13 | 9.54 |
| 2025-10-10 | 9.63 |
| 2025-10-09 | 9.56 |
| 2025-10-08 | 9.67 |
| 2025-10-07 | 9.56 |
| 2025-10-06 | 9.57 |
| 2025-10-03 | 9.66 |
| 2025-10-02 | 9.53 |
| 2025-10-01 | 9.66 |
| 2025-09-30 | 9.70 |
| 2025-09-29 | 9.64 |
| 2025-09-26 | 9.61 |
| 2025-09-25 | 9.54 |
| 2025-09-24 | 9.64 |
| 2025-09-23 | 9.59 |
| 2025-09-22 | 9.53 |
| 2025-09-19 | 9.51 |
| 2025-09-18 | 9.49 |
| 2025-09-17 | 9.48 |
| 2025-09-16 | 9.40 |
| 2025-09-15 | 9.50 |
| 2025-09-12 | 9.59 |
| 2025-09-11 | 9.69 |
| 2025-09-10 | 9.57 |
| 2025-09-09 | 9.63 |
| 2025-09-08 | 9.63 |
| 2025-09-05 | 9.67 |
| 2025-09-04 | 9.88 |
| 2025-09-03 | 9.86 |
| 2025-09-02 | 9.92 |
| 2025-08-29 | 9.95 |
| 2025-08-28 | 9.87 |
| 2025-08-27 | 9.92 |
| 2025-08-26 | 9.90 |
| 2025-08-25 | 9.84 |
| 2025-08-22 | 9.98 |
| 2025-08-21 | 10.09 |
| 2025-08-20 | 10.11 |
| 2025-08-19 | 10.04 |
| 2025-08-18 | 9.85 |
| 2025-08-15 | 9.97 |
| 2025-08-14 | 9.94 |
| 2025-08-13 | 10.10 |
| 2025-08-12 | 10.24 |
| 2025-08-11 | 10.42 |
| 2025-08-08 | 10.33 |
| 2025-08-07 | 10.25 |
| 2025-08-06 | 10.18 |
| 2025-08-05 | 10.10 |
| 2025-08-04 | 10.13 |
| 2025-08-01 | 10.06 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.