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 17.75 is 21% below its 5-year average of 22.34, near the low end of its 5-year range (11.95–43.67).
As of Tuesday, September 8, 2026. 12.43% above its 12-month average of 15.79.
PB RATIO
17.75
PB RATIO AVG TTM
15.79
PB RATIO AVG 3Y
21.25
PB RATIO AVG 5Y
22.34
PB RATIO AVG 10Y
17.50
PB RATIO AVG 15Y
13.52
PB RATIO AVG 20Y
10.92
CURRENT VS TTM AVG
+12.43%
CURRENT VS 3Y AVG
-16.48%
CURRENT VS 5Y AVG
-20.55%
CURRENT VS 10Y AVG
+1.45%
CURRENT VS 15Y AVG
+31.30%
CURRENT VS 20Y AVG
+62.47%
SECTOR MEDIAN · TECHNOLOGY
6.56
median of 188 covered companies
CURRENT VS SECTOR MEDIAN
+170.58%
vs the sector median at left
Automatic Data Processing, Inc.
Market Cap
$106.51B
PB Ratio
17.75
TTM Avg
15.79
3Y Avg
21.25
5Y Avg
22.34
Market Cap
$89.43B
PB Ratio
7.35
TTM Avg
5.11
3Y Avg
3.21
5Y Avg
2.61
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Automatic Data Processing, Inc. (ADP) | $106.51B | 17.75 | 15.79 | 21.25 | 22.34 |
| Accenture plc (ACN)vs › | $108.73B | 3.46 | 4.24 | 6.39 | 7.48 |
| AppLovin Corporation (APP)vs › | $104.14B | 33.33 | 103.61 | 85.70 | 58.84 |
| Cloudflare, Inc. (NET)vs › | $109.11B | 62.18 | 54.52 | 44.01 | 41.31 |
| Adobe Inc. (ADBE)vs › | $102.05B | 8.98 | 10.23 | 13.40 | 13.86 |
| Fortinet, Inc. (FTNT)vs › | $116.26B | 75.26 | 73.05 | 151.05 | 456.15 |
| Snowflake Inc. (SNOW)vs › | $116.55B | 54.51 | 36.46 | 22.29 | 18.15 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $89.43B | 7.35 | 5.11 | 3.21 | 2.61 |
| Intuit Inc. (INTU)vs › | $86.86B | 4.57 | 6.80 | 8.83 | 9.15 |
| Datadog, Inc. (DDOG)vs › | $79.10B | 17.73 | 16.89 | 18.05 | 23.35 |
At 17.75, P/B is above its 20-year median — higher than 79% of readings in its 20-year history.
20-year low
2.75
median
9.59
20-year high
43.67
P/B Ratio
17.75
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 |
|---|---|
| 2026-09-08 | 17.75 |
| 2026-09-04 | 18.39 |
| 2026-09-03 | 18.78 |
| 2026-09-02 | 18.62 |
| 2026-09-01 | 18.77 |
| 2026-08-31 | 18.95 |
| 2026-08-28 | 19.04 |
| 2026-08-27 | 18.85 |
| 2026-08-26 | 18.64 |
| 2026-08-25 | 18.73 |
| 2026-08-24 | 18.74 |
| 2026-08-21 | 18.60 |
| 2026-08-20 | 18.49 |
| 2026-08-19 | 18.36 |
| 2026-08-18 | 17.84 |
| 2026-08-17 | 17.62 |
| 2026-08-14 | 18.08 |
| 2026-08-13 | 18.29 |
| 2026-08-12 | 17.84 |
| 2026-08-11 | 17.95 |
| 2026-08-10 | 18.13 |
| 2026-08-07 | 17.97 |
| 2026-08-06 | 18.11 |
| 2026-08-05 | 17.89 |
| 2026-08-04 | 17.14 |
| 2026-08-03 | 17.09 |
| 2026-07-31 | 16.88 |
| 2026-07-30 | 16.72 |
| 2026-07-29 | 17.32 |
| 2026-07-28 | 16.74 |
| 2026-07-27 | 16.15 |
| 2026-07-24 | 15.84 |
| 2026-07-23 | 15.39 |
| 2026-07-22 | 15.40 |
| 2026-07-21 | 15.60 |
| 2026-07-20 | 16.17 |
| 2026-07-17 | 16.17 |
| 2026-07-16 | 16.25 |
| 2026-07-15 | 15.68 |
| 2026-07-14 | 15.61 |
| 2026-07-13 | 15.90 |
| 2026-07-10 | 15.33 |
| 2026-07-09 | 15.29 |
| 2026-07-08 | 15.29 |
| 2026-07-07 | 15.56 |
| 2026-07-06 | 15.17 |
| 2026-07-02 | 15.35 |
| 2026-07-01 | 14.93 |
| 2026-06-30 | 14.19 |
| 2026-06-29 | 14.25 |
| 2026-06-26 | 14.16 |
| 2026-06-25 | 13.70 |
| 2026-06-24 | 13.93 |
| 2026-06-23 | 13.97 |
| 2026-06-22 | 13.60 |
| 2026-06-18 | 13.84 |
| 2026-06-17 | 13.86 |
| 2026-06-16 | 14.06 |
| 2026-06-15 | 14.14 |
| 2026-06-12 | 14.33 |
| 2026-06-11 | 14.30 |
| 2026-06-10 | 14.64 |
| 2026-06-09 | 14.65 |
| 2026-06-08 | 14.51 |
| 2026-06-05 | 14.69 |
| 2026-06-04 | 14.65 |
| 2026-06-03 | 14.43 |
| 2026-06-02 | 14.65 |
| 2026-06-01 | 14.81 |
| 2026-05-29 | 14.05 |
| 2026-05-28 | 13.93 |
| 2026-05-27 | 13.79 |
| 2026-05-26 | 13.83 |
| 2026-05-22 | 14.27 |
| 2026-05-21 | 13.94 |
| 2026-05-20 | 13.98 |
| 2026-05-19 | 13.97 |
| 2026-05-18 | 14.12 |
| 2026-05-15 | 13.59 |
| 2026-05-14 | 13.20 |
| 2026-05-13 | 13.22 |
| 2026-05-12 | 13.55 |
| 2026-05-11 | 13.41 |
| 2026-05-08 | 13.49 |
| 2026-05-07 | 13.56 |
| 2026-05-06 | 13.13 |
| 2026-05-05 | 13.34 |
| 2026-05-04 | 13.39 |
| 2026-05-01 | 13.57 |
| 2026-04-30 | 13.43 |
| 2026-04-29 | 13.61 |
| 2026-04-28 | 12.61 |
| 2026-04-27 | 12.49 |
| 2026-04-24 | 12.44 |
| 2026-04-23 | 12.57 |
| 2026-04-22 | 12.77 |
| 2026-04-21 | 12.84 |
| 2026-04-20 | 12.81 |
| 2026-04-17 | 12.69 |
| 2026-04-16 | 12.69 |
| 2026-04-15 | 12.47 |
| 2026-04-14 | 12.35 |
| 2026-04-13 | 12.37 |
| 2026-04-10 | 11.95 |
| 2026-04-09 | 12.41 |
| 2026-04-08 | 12.71 |
| 2026-04-07 | 12.89 |
| 2026-04-06 | 12.94 |
| 2026-04-02 | 12.91 |
| 2026-04-01 | 12.74 |
| 2026-03-31 | 12.86 |
| 2026-03-30 | 13.01 |
| 2026-03-27 | 12.74 |
| 2026-03-26 | 12.95 |
| 2026-03-25 | 12.79 |
| 2026-03-24 | 12.97 |
| 2026-03-23 | 13.28 |
| 2026-03-20 | 13.21 |
| 2026-03-19 | 13.34 |
| 2026-03-18 | 13.18 |
| 2026-03-17 | 13.28 |
| 2026-03-16 | 13.24 |
| 2026-03-13 | 13.20 |
| 2026-03-12 | 13.13 |
| 2026-03-11 | 13.48 |
| 2026-03-10 | 13.76 |
| 2026-03-09 | 14.12 |
| 2026-03-06 | 14.32 |
| 2026-03-05 | 14.10 |
| 2026-03-04 | 13.75 |
| 2026-03-03 | 13.69 |
| 2026-03-02 | 13.61 |
| 2026-02-27 | 13.57 |
| 2026-02-26 | 13.82 |
| 2026-02-25 | 13.56 |
| 2026-02-24 | 13.02 |
| 2026-02-23 | 13.02 |
| 2026-02-20 | 13.58 |
| 2026-02-19 | 13.67 |
| 2026-02-18 | 13.75 |
| 2026-02-17 | 13.49 |
| 2026-02-13 | 13.43 |
| 2026-02-12 | 13.29 |
| 2026-02-11 | 13.77 |
| 2026-02-10 | 14.28 |
| 2026-02-09 | 14.35 |
| 2026-02-06 | 14.65 |
| 2026-02-05 | 14.81 |
| 2026-02-04 | 14.86 |
| 2026-02-03 | 14.88 |
| 2026-02-02 | 15.67 |
| 2026-01-30 | 15.62 |
| 2026-01-29 | 15.57 |
| 2026-01-28 | 16.00 |
| 2026-01-27 | 16.24 |
| 2026-01-26 | 16.48 |
| 2026-01-23 | 16.46 |
| 2026-01-22 | 16.59 |
| 2026-01-21 | 16.40 |
| 2026-01-20 | 16.28 |
| 2026-01-16 | 16.62 |
| 2026-01-15 | 16.61 |
| 2026-01-14 | 16.50 |
| 2026-01-13 | 16.41 |
| 2026-01-12 | 16.77 |
| 2026-01-09 | 16.98 |
| 2026-01-08 | 16.96 |
| 2026-01-07 | 16.68 |
| 2026-01-06 | 16.67 |
| 2026-01-05 | 16.42 |
| 2026-01-02 | 16.14 |
| 2025-12-31 | 16.42 |
| 2025-12-30 | 16.57 |
| 2025-12-29 | 16.57 |
| 2025-12-26 | 16.52 |
| 2025-12-24 | 16.47 |
| 2025-12-23 | 16.40 |
| 2025-12-22 | 16.58 |
| 2025-12-19 | 16.46 |
| 2025-12-18 | 16.66 |
| 2025-12-17 | 16.94 |
| 2025-12-16 | 16.73 |
| 2025-12-15 | 16.91 |
| 2025-12-12 | 16.98 |
| 2025-12-11 | 16.89 |
| 2025-12-10 | 16.55 |
| 2025-12-09 | 16.48 |
| 2025-12-08 | 16.51 |
| 2025-12-05 | 16.70 |
| 2025-12-04 | 16.56 |
| 2025-12-03 | 16.61 |
| 2025-12-02 | 16.42 |
| 2025-12-01 | 16.33 |
| 2025-11-28 | 16.30 |
| 2025-11-26 | 16.23 |
| 2025-11-25 | 16.36 |
| 2025-11-24 | 15.96 |
| 2025-11-21 | 16.16 |
| 2025-11-20 | 15.90 |
| 2025-11-19 | 15.98 |
| 2025-11-18 | 15.94 |
| 2025-11-17 | 16.01 |
| 2025-11-14 | 16.15 |
| 2025-11-13 | 16.25 |
| 2025-11-12 | 16.25 |
| 2025-11-11 | 16.29 |
| 2025-11-10 | 16.22 |
| 2025-11-07 | 16.22 |
| 2025-11-06 | 16.11 |
| 2025-11-05 | 16.57 |
| 2025-11-04 | 16.55 |
| 2025-11-03 | 16.41 |
| 2025-10-31 | 16.61 |
| 2025-10-30 | 17.23 |
| 2025-10-29 | 17.21 |
| 2025-10-28 | 18.42 |
| 2025-10-27 | 18.48 |
| 2025-10-24 | 18.51 |
| 2025-10-23 | 18.55 |
| 2025-10-22 | 18.71 |
| 2025-10-21 | 18.71 |
| 2025-10-20 | 18.65 |
| 2025-10-17 | 18.53 |
| 2025-10-16 | 18.46 |
| 2025-10-15 | 18.73 |
| 2025-10-14 | 18.84 |
| 2025-10-13 | 18.73 |
| 2025-10-10 | 18.79 |
| 2025-10-09 | 18.84 |
| 2025-10-08 | 19.15 |
| 2025-10-07 | 19.30 |
| 2025-10-06 | 19.14 |
| 2025-10-03 | 19.19 |
| 2025-10-02 | 19.10 |
| 2025-10-01 | 19.21 |
| 2025-09-30 | 19.34 |
| 2025-09-29 | 19.28 |
| 2025-09-26 | 19.21 |
| 2025-09-25 | 19.03 |
| 2025-09-24 | 19.21 |
| 2025-09-23 | 19.05 |
| 2025-09-22 | 19.35 |
| 2025-09-19 | 19.24 |
| 2025-09-18 | 19.17 |
| 2025-09-17 | 19.02 |
| 2025-09-16 | 19.02 |
| 2025-09-15 | 19.16 |
| 2025-09-12 | 19.34 |
| 2025-09-11 | 19.64 |
| 2025-09-10 | 19.26 |
| 2025-09-09 | 19.58 |
| 2025-09-08 | 19.66 |
| 2025-09-05 | 19.50 |
| 2025-09-04 | 19.84 |
| 2025-09-03 | 19.69 |
| 2025-09-02 | 19.75 |
| 2025-08-29 | 20.03 |
| 2025-08-28 | 20.04 |
| 2025-08-27 | 19.97 |
| 2025-08-26 | 19.99 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.