PB Ratio: 11.35

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 11.35 is 12% below its 5-year average of 12.84, near the low end of its 5-year range (5.43–26.40).

As of Tuesday, September 8, 2026. 18.30% below its 12-month average of 13.89.

AXON PB Ratio Metrics

P/B vs. its own history

At 11.35, P/B is above its 20-year median — higher than 80% of readings in its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for Axon Enterprise, Inc. (AXON)?

The P/B ratio for AXON stock is 11.35.

Is Axon Enterprise, Inc.'s P/B ratio high or low?

The P/B ratio of 11.35 is 12% below its 5-year average of 12.84, near the low end of its 5-year range (5.43–26.40).

What is the TTM average P/B ratio for Axon Enterprise, Inc. (AXON)?

The TTM average P/B ratio for AXON stock is 13.89.

What is the 3Y average P/B ratio for Axon Enterprise, Inc. (AXON)?

The 3Y average P/B ratio for AXON stock is 16.26.

What is the 5Y average P/B ratio for Axon Enterprise, Inc. (AXON)?

The 5Y average P/B ratio for AXON stock is 12.84.

What is the 10Y average P/B ratio for Axon Enterprise, Inc. (AXON)?

The 10Y average P/B ratio for AXON stock is 10.25.

What is the 15Y average P/B ratio for Axon Enterprise, Inc. (AXON)?

The 15Y average P/B ratio for AXON stock is 9.06.

What is the 20Y average P/B ratio for Axon Enterprise, Inc. (AXON)?

The 20Y average P/B ratio for AXON stock is 7.73.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

Related Metrics