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 3.54 is 27% below its estimated 5-year average of 4.84, near the low end of its estimated 5-year range (2.50–10.13).
As of 2026-09-12T00:15:12.105Z. 1.93% below its estimated 12-month average of 3.61.
Calculation as of: 2026-09-12T00:15:12.105Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4db8f94ace5d3ec9d1fbd6c818fe2564ae9517b8aa384bb5bbcf10402690fde5
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 2026-09-10.
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
3.54
PB RATIO AVG TTM
3.61
PB RATIO AVG 3Y
4.67
PB RATIO AVG 5Y
4.84
PB RATIO AVG 10Y
4.90
PB RATIO AVG 15Y
4.07
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.93%
CURRENT VS 3Y AVG
-24.24%
CURRENT VS 5Y AVG
-26.86%
CURRENT VS 10Y AVG
-27.69%
CURRENT VS 15Y AVG
-12.94%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
2.05
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+72.68%
vs the sector median at left
Apollo Global Management, Inc.
Market Cap
$74.29B
PB Ratio
3.54
TTM Avg
3.61
3Y Avg
4.67
5Y Avg
4.84
Market Cap
$75.46B
PB Ratio
1.62
TTM Avg
9.01
3Y Avg
14.20
5Y Avg
13.38
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apollo Global Management, Inc. (APO) | $74.29B | 3.54 | 3.61 | 4.67 | 4.84 |
| Brookfield Asset Management Ltd. (BAM)vs › | $75.46B | 1.62 | 9.01 | 14.20 | 13.38 |
| VanEck Semiconductor ETF (SMH)vs › | $71.66B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $70.81B | 5.34 | 6.77 | 7.52 | 6.82 |
| The Travelers Companies, Inc. (TRV)vs › | $78.26B | 2.36 | 2.13 | 2.08 | 1.93 |
| iShares Russell 2000 ETF (IWM)vs › | $79.46B | N/A | N/A | N/A | N/A |
| Moody's Corporation (MCO)vs › | $82.29B | 27.20 | 23.93 | 22.76 | 23.21 |
| The Allstate Corporation (ALL)vs › | $65.31B | 1.94 | 1.99 | 2.30 | 2.03 |
| Aon plc (AON)vs › | $64.21B | 6.65 | 8.37 | 73.99 | 98.04 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 5.56 | 5.88 | 7.36 | 7.65 |
At 3.54, P/B is below its estimated 15-year median — higher than 31% of readings in its estimated 15-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 15-year low
0.62
median
4.42
estimated 15-year high
22.13
P/B Ratio
3.54
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 |
|---|---|
| 2026-09-10 | 3.71 |
| 2026-09-09 | 3.80 |
| 2026-09-08 | 3.83 |
| 2026-09-04 | 3.88 |
| 2026-09-03 | 3.91 |
| 2026-09-02 | 3.84 |
| 2026-09-01 | 3.82 |
| 2026-08-31 | 3.97 |
| 2026-08-28 | 3.92 |
| 2026-08-27 | 3.88 |
| 2026-08-26 | 3.88 |
| 2026-08-25 | 3.87 |
| 2026-08-24 | 3.86 |
| 2026-08-21 | 3.85 |
| 2026-08-20 | 3.77 |
| 2026-08-19 | 3.88 |
| 2026-08-18 | 3.89 |
| 2026-08-17 | 3.91 |
| 2026-08-14 | 4.09 |
| 2026-08-13 | 4.17 |
| 2026-08-12 | 4.03 |
| 2026-08-11 | 4.07 |
| 2026-08-10 | 3.94 |
| 2026-08-07 | 3.80 |
| 2026-08-06 | 3.82 |
| 2026-08-05 | 3.87 |
| 2026-08-04 | 3.97 |
| 2026-08-03 | 3.86 |
| 2026-07-31 | 3.75 |
| 2026-07-30 | 3.59 |
| 2026-07-29 | 3.57 |
| 2026-07-28 | 3.72 |
| 2026-07-27 | 3.71 |
| 2026-07-24 | 3.66 |
| 2026-07-23 | 3.55 |
| 2026-07-22 | 3.55 |
| 2026-07-21 | 3.53 |
| 2026-07-20 | 3.53 |
| 2026-07-17 | 3.59 |
| 2026-07-16 | 3.68 |
| 2026-07-15 | 3.63 |
| 2026-07-14 | 3.58 |
| 2026-07-13 | 3.54 |
| 2026-07-10 | 3.59 |
| 2026-07-09 | 3.57 |
| 2026-07-08 | 3.52 |
| 2026-07-07 | 3.56 |
| 2026-07-06 | 3.64 |
| 2026-07-02 | 3.54 |
| 2026-07-01 | 3.53 |
| 2026-06-30 | 3.53 |
| 2026-06-29 | 3.42 |
| 2026-06-26 | 3.53 |
| 2026-06-25 | 3.62 |
| 2026-06-24 | 3.66 |
| 2026-06-23 | 3.90 |
| 2026-06-22 | 4.03 |
| 2026-06-18 | 4.10 |
| 2026-06-17 | 4.14 |
| 2026-06-16 | 4.13 |
| 2026-06-15 | 4.06 |
| 2026-06-12 | 3.99 |
| 2026-06-11 | 3.99 |
| 2026-06-10 | 3.91 |
| 2026-06-09 | 3.96 |
| 2026-06-08 | 3.80 |
| 2026-06-05 | 3.82 |
| 2026-06-04 | 3.83 |
| 2026-06-03 | 3.71 |
| 2026-06-02 | 3.84 |
| 2026-06-01 | 3.82 |
| 2026-05-29 | 3.84 |
| 2026-05-28 | 3.80 |
| 2026-05-27 | 3.89 |
| 2026-05-26 | 3.87 |
| 2026-05-22 | 3.83 |
| 2026-05-21 | 3.90 |
| 2026-05-20 | 3.94 |
| 2026-05-19 | 3.91 |
| 2026-05-18 | 4.00 |
| 2026-05-15 | 4.04 |
| 2026-05-14 | 4.04 |
| 2026-05-13 | 3.92 |
| 2026-05-12 | 3.93 |
| 2026-05-11 | 3.89 |
| 2026-05-08 | 3.97 |
| 2026-05-07 | 3.33 |
| 2026-05-06 | 3.37 |
| 2026-05-05 | 3.39 |
| 2026-05-04 | 3.36 |
| 2026-05-01 | 3.40 |
| 2026-04-30 | 3.35 |
| 2026-04-29 | 3.18 |
| 2026-04-28 | 3.22 |
| 2026-04-27 | 3.21 |
| 2026-04-24 | 3.24 |
| 2026-04-23 | 3.25 |
| 2026-04-22 | 3.36 |
| 2026-04-21 | 3.31 |
| 2026-04-20 | 3.32 |
| 2026-04-17 | 3.25 |
| 2026-04-16 | 3.15 |
| 2026-04-15 | 3.14 |
| 2026-04-14 | 2.99 |
| 2026-04-13 | 2.86 |
| 2026-04-10 | 2.72 |
| 2026-04-09 | 2.79 |
| 2026-04-08 | 2.79 |
| 2026-04-07 | 2.74 |
| 2026-04-06 | 2.76 |
| 2026-04-02 | 2.79 |
| 2026-04-01 | 2.87 |
| 2026-03-31 | 2.90 |
| 2026-03-30 | 2.86 |
| 2026-03-27 | 2.82 |
| 2026-03-26 | 2.86 |
| 2026-03-25 | 2.86 |
| 2026-03-24 | 2.90 |
| 2026-03-23 | 2.88 |
| 2026-03-20 | 2.92 |
| 2026-03-19 | 2.90 |
| 2026-03-18 | 2.90 |
| 2026-03-17 | 2.84 |
| 2026-03-16 | 2.69 |
| 2026-03-13 | 2.72 |
| 2026-03-12 | 2.61 |
| 2026-03-11 | 2.76 |
| 2026-03-10 | 2.82 |
| 2026-03-09 | 2.82 |
| 2026-03-06 | 2.83 |
| 2026-03-05 | 2.90 |
| 2026-03-04 | 2.86 |
| 2026-03-03 | 2.79 |
| 2026-03-02 | 2.77 |
| 2026-02-27 | 2.72 |
| 2026-02-26 | 2.98 |
| 2026-02-25 | 3.08 |
| 2026-02-24 | 3.00 |
| 2026-02-23 | 2.99 |
| 2026-02-20 | 3.15 |
| 2026-02-19 | 3.11 |
| 2026-02-18 | 3.29 |
| 2026-02-17 | 3.29 |
| 2026-02-13 | 3.29 |
| 2026-02-12 | 3.29 |
| 2026-02-11 | 3.34 |
| 2026-02-10 | 3.48 |
| 2026-02-09 | 3.52 |
| 2026-02-06 | 3.49 |
| 2026-02-05 | 3.31 |
| 2026-02-04 | 3.49 |
| 2026-02-03 | 3.33 |
| 2026-02-02 | 3.50 |
| 2026-01-30 | 3.53 |
| 2026-01-29 | 3.53 |
| 2026-01-28 | 3.49 |
| 2026-01-27 | 3.46 |
| 2026-01-26 | 3.46 |
| 2026-01-23 | 3.58 |
| 2026-01-22 | 3.67 |
| 2026-01-21 | 3.67 |
| 2026-01-20 | 3.64 |
| 2026-01-16 | 3.78 |
| 2026-01-15 | 3.79 |
| 2026-01-14 | 3.78 |
| 2026-01-13 | 3.76 |
| 2026-01-12 | 3.78 |
| 2026-01-09 | 3.83 |
| 2026-01-08 | 3.84 |
| 2026-01-07 | 3.79 |
| 2026-01-06 | 4.01 |
| 2026-01-05 | 3.93 |
| 2026-01-02 | 3.85 |
| 2025-12-31 | 3.80 |
| 2025-12-30 | 3.84 |
| 2025-12-29 | 3.87 |
| 2025-12-26 | 3.90 |
| 2025-12-24 | 3.91 |
| 2025-12-23 | 3.90 |
| 2025-12-22 | 3.91 |
| 2025-12-19 | 3.84 |
| 2025-12-18 | 3.84 |
| 2025-12-17 | 3.85 |
| 2025-12-16 | 3.87 |
| 2025-12-15 | 3.86 |
| 2025-12-12 | 3.89 |
| 2025-12-11 | 3.95 |
| 2025-12-10 | 3.92 |
| 2025-12-09 | 3.78 |
| 2025-12-08 | 3.61 |
| 2025-12-05 | 3.63 |
| 2025-12-04 | 3.59 |
| 2025-12-03 | 3.53 |
| 2025-12-02 | 3.47 |
| 2025-12-01 | 3.45 |
| 2025-11-28 | 3.46 |
| 2025-11-26 | 3.42 |
| 2025-11-25 | 3.43 |
| 2025-11-24 | 3.42 |
| 2025-11-21 | 3.42 |
| 2025-11-20 | 3.33 |
| 2025-11-19 | 3.34 |
| 2025-11-18 | 3.27 |
| 2025-11-17 | 3.27 |
| 2025-11-14 | 3.43 |
| 2025-11-13 | 3.38 |
| 2025-11-12 | 3.51 |
| 2025-11-11 | 3.49 |
| 2025-11-10 | 4.00 |
| 2025-11-07 | 4.04 |
| 2025-11-06 | 3.94 |
| 2025-11-05 | 4.09 |
| 2025-11-04 | 3.99 |
| 2025-11-03 | 3.79 |
| 2025-10-31 | 3.80 |
| 2025-10-30 | 3.77 |
| 2025-10-29 | 3.82 |
| 2025-10-28 | 3.80 |
| 2025-10-27 | 3.86 |
| 2025-10-24 | 3.82 |
| 2025-10-23 | 3.76 |
| 2025-10-22 | 3.87 |
| 2025-10-21 | 3.85 |
| 2025-10-20 | 3.83 |
| 2025-10-17 | 3.71 |
| 2025-10-16 | 3.69 |
| 2025-10-15 | 3.90 |
| 2025-10-14 | 3.90 |
| 2025-10-13 | 3.74 |
| 2025-10-10 | 3.61 |
| 2025-10-09 | 3.77 |
| 2025-10-08 | 3.81 |
| 2025-10-07 | 3.85 |
| 2025-10-06 | 3.87 |
| 2025-10-03 | 3.85 |
| 2025-10-02 | 3.89 |
| 2025-10-01 | 3.97 |
| 2025-09-30 | 4.07 |
| 2025-09-29 | 4.23 |
| 2025-09-26 | 4.21 |
| 2025-09-25 | 4.16 |
| 2025-09-24 | 4.19 |
| 2025-09-23 | 4.43 |
| 2025-09-22 | 4.40 |
| 2025-09-19 | 4.42 |
| 2025-09-18 | 4.38 |
| 2025-09-17 | 4.24 |
| 2025-09-16 | 4.28 |
| 2025-09-15 | 4.23 |
| 2025-09-12 | 4.22 |
| 2025-09-11 | 4.17 |
| 2025-09-10 | 4.08 |
| 2025-09-09 | 4.11 |
| 2025-09-08 | 4.11 |
| 2025-09-05 | 4.02 |
| 2025-09-04 | 4.12 |
| 2025-09-03 | 4.05 |
| 2025-09-02 | 4.15 |
| 2025-08-29 | 4.16 |
| 2025-08-28 | 4.17 |
Showing the most recent 260 of 3,714 data points. The chart above shows the full history.