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 15.53 is in line with its estimated 5-year average of 15.60, around the middle of its estimated 5-year range (10.84–23.12).
As of 2026-09-16T23:40:20.079Z. 4.25% below its estimated 12-month average of 16.22.
Calculation as of: 2026-09-16T23:40:20.079Z.
Quote observation: 2026-09-16T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5fafba15da241e186236df992a9f193411f078bb3af50877643990a3a608a859
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 2026-09-11.
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
15.53
PB RATIO AVG TTM
16.22
PB RATIO AVG 3Y
17.28
PB RATIO AVG 5Y
15.60
PB RATIO AVG 10Y
11.78
PB RATIO AVG 15Y
9.05
PB RATIO AVG 20Y
7.30
CURRENT VS TTM AVG
-4.25%
CURRENT VS 3Y AVG
-10.15%
CURRENT VS 5Y AVG
-0.43%
CURRENT VS 10Y AVG
+31.78%
CURRENT VS 15Y AVG
+71.69%
CURRENT VS 20Y AVG
+112.84%
SECTOR MEDIAN · INDUSTRIALS
4.98
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+211.85%
vs the sector median at left
Market Cap
$77.08B
PB Ratio
2.35
TTM Avg
2.11
3Y Avg
2.22
5Y Avg
2.56
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $79.82B | 15.53 | 16.22 | 17.28 | 15.60 |
| Bloom Energy Corporation (BE)vs › | $79.53B | 49.34 | 57.50 | 24.94 | 22.67 |
| Emerson Electric Co. (EMR)vs › | $81.70B | 4.01 | 3.92 | 3.39 | 4.03 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $77.08B | 2.35 | 2.11 | 2.22 | 2.56 |
| Illinois Tool Works Inc. (ITW)vs › | $76.91B | 26.58 | 24.11 | 24.03 | 22.79 |
| United Parcel Service, Inc. (UPS)vs › | $83.91B | 5.57 | 5.46 | 6.07 | 7.96 |
| 3M Company (MMM)vs › | $83.92B | 28.43 | 22.26 | 17.12 | 12.12 |
| Northrop Grumman Corporation (NOC)vs › | $75.40B | 4.22 | 5.17 | 4.93 | 5.03 |
| Waste Management, Inc. (WM)vs › | $85.54B | 8.62 | 9.24 | 10.40 | 9.99 |
| Cummins Inc. (CMI)vs › | $72.79B | 5.67 | 6.42 | 4.95 | 4.46 |
At 15.53, P/B is above its estimated 20-year median — higher than 88% of readings in its estimated 20-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 20-year low
1.19
median
5.74
estimated 20-year high
23.12
P/B Ratio
15.53
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 |
|---|---|
| 2026-09-11 | 15.85 |
| 2026-09-10 | 15.61 |
| 2026-09-09 | 15.74 |
| 2026-09-08 | 15.77 |
| 2026-09-04 | 15.77 |
| 2026-09-03 | 15.81 |
| 2026-09-02 | 15.58 |
| 2026-09-01 | 15.78 |
| 2026-08-31 | 15.87 |
| 2026-08-28 | 16.06 |
| 2026-08-27 | 16.06 |
| 2026-08-26 | 16.19 |
| 2026-08-25 | 16.11 |
| 2026-08-24 | 16.31 |
| 2026-08-21 | 16.03 |
| 2026-08-20 | 16.01 |
| 2026-08-19 | 15.97 |
| 2026-08-18 | 15.69 |
| 2026-08-17 | 15.56 |
| 2026-08-14 | 15.69 |
| 2026-08-13 | 15.79 |
| 2026-08-12 | 16.01 |
| 2026-08-11 | 16.15 |
| 2026-08-10 | 15.95 |
| 2026-08-07 | 15.97 |
| 2026-08-06 | 15.90 |
| 2026-08-05 | 15.84 |
| 2026-08-04 | 16.02 |
| 2026-08-03 | 16.05 |
| 2026-07-31 | 16.10 |
| 2026-07-30 | 16.27 |
| 2026-07-29 | 18.40 |
| 2026-07-28 | 18.26 |
| 2026-07-27 | 17.93 |
| 2026-07-24 | 17.49 |
| 2026-07-23 | 17.27 |
| 2026-07-22 | 17.11 |
| 2026-07-21 | 17.03 |
| 2026-07-20 | 17.15 |
| 2026-07-17 | 17.37 |
| 2026-07-16 | 17.52 |
| 2026-07-15 | 16.34 |
| 2026-07-14 | 15.66 |
| 2026-07-13 | 15.61 |
| 2026-07-10 | 15.26 |
| 2026-07-09 | 15.10 |
| 2026-07-08 | 15.31 |
| 2026-07-07 | 15.45 |
| 2026-07-06 | 15.14 |
| 2026-07-02 | 15.41 |
| 2026-07-01 | 14.80 |
| 2026-06-30 | 14.45 |
| 2026-06-29 | 14.37 |
| 2026-06-26 | 14.61 |
| 2026-06-25 | 14.37 |
| 2026-06-24 | 14.52 |
| 2026-06-23 | 14.34 |
| 2026-06-22 | 14.40 |
| 2026-06-18 | 14.52 |
| 2026-06-17 | 14.41 |
| 2026-06-16 | 15.01 |
| 2026-06-15 | 14.85 |
| 2026-06-12 | 14.98 |
| 2026-06-11 | 15.45 |
| 2026-06-10 | 15.33 |
| 2026-06-09 | 15.28 |
| 2026-06-08 | 14.75 |
| 2026-06-05 | 15.28 |
| 2026-06-04 | 15.29 |
| 2026-06-03 | 14.84 |
| 2026-06-02 | 14.72 |
| 2026-06-01 | 14.69 |
| 2026-05-29 | 14.55 |
| 2026-05-28 | 14.70 |
| 2026-05-27 | 14.43 |
| 2026-05-26 | 14.54 |
| 2026-05-22 | 14.69 |
| 2026-05-21 | 14.64 |
| 2026-05-20 | 14.56 |
| 2026-05-19 | 14.63 |
| 2026-05-18 | 14.83 |
| 2026-05-15 | 14.30 |
| 2026-05-14 | 14.10 |
| 2026-05-13 | 13.90 |
| 2026-05-12 | 14.05 |
| 2026-05-11 | 13.99 |
| 2026-05-08 | 14.19 |
| 2026-05-07 | 14.45 |
| 2026-05-06 | 14.39 |
| 2026-05-05 | 14.38 |
| 2026-05-04 | 14.18 |
| 2026-05-01 | 14.41 |
| 2026-04-30 | 14.84 |
| 2026-04-29 | 14.78 |
| 2026-04-28 | 14.80 |
| 2026-04-27 | 14.79 |
| 2026-04-24 | 14.95 |
| 2026-04-23 | 15.09 |
| 2026-04-22 | 14.84 |
| 2026-04-21 | 14.98 |
| 2026-04-20 | 15.18 |
| 2026-04-17 | 15.22 |
| 2026-04-16 | 15.08 |
| 2026-04-15 | 14.99 |
| 2026-04-14 | 14.97 |
| 2026-04-13 | 14.93 |
| 2026-04-10 | 14.86 |
| 2026-04-09 | 14.80 |
| 2026-04-08 | 14.83 |
| 2026-04-07 | 15.53 |
| 2026-04-06 | 15.66 |
| 2026-04-02 | 15.90 |
| 2026-04-01 | 15.69 |
| 2026-03-31 | 15.43 |
| 2026-03-30 | 15.39 |
| 2026-03-27 | 15.12 |
| 2026-03-26 | 15.40 |
| 2026-03-25 | 16.13 |
| 2026-03-24 | 16.25 |
| 2026-03-23 | 16.53 |
| 2026-03-20 | 16.36 |
| 2026-03-19 | 16.59 |
| 2026-03-18 | 16.92 |
| 2026-03-17 | 17.59 |
| 2026-03-16 | 17.58 |
| 2026-03-13 | 17.72 |
| 2026-03-12 | 17.63 |
| 2026-03-11 | 18.09 |
| 2026-03-10 | 17.91 |
| 2026-03-09 | 18.31 |
| 2026-03-06 | 18.57 |
| 2026-03-05 | 18.66 |
| 2026-03-04 | 18.26 |
| 2026-03-03 | 18.39 |
| 2026-03-02 | 18.39 |
| 2026-02-27 | 18.35 |
| 2026-02-26 | 18.09 |
| 2026-02-25 | 17.95 |
| 2026-02-24 | 18.11 |
| 2026-02-23 | 18.09 |
| 2026-02-20 | 18.25 |
| 2026-02-19 | 18.06 |
| 2026-02-18 | 17.92 |
| 2026-02-17 | 17.78 |
| 2026-02-13 | 17.65 |
| 2026-02-12 | 17.89 |
| 2026-02-11 | 18.28 |
| 2026-02-10 | 18.18 |
| 2026-02-09 | 17.77 |
| 2026-02-06 | 17.87 |
| 2026-02-05 | 17.71 |
| 2026-02-04 | 17.57 |
| 2026-02-03 | 17.40 |
| 2026-02-02 | 17.42 |
| 2026-01-30 | 17.46 |
| 2026-01-29 | 17.30 |
| 2026-01-28 | 17.26 |
| 2026-01-27 | 17.44 |
| 2026-01-26 | 17.69 |
| 2026-01-23 | 17.60 |
| 2026-01-22 | 17.61 |
| 2026-01-21 | 17.83 |
| 2026-01-20 | 17.67 |
| 2026-01-16 | 17.83 |
| 2026-01-15 | 17.84 |
| 2026-01-14 | 17.72 |
| 2026-01-13 | 17.58 |
| 2026-01-12 | 17.61 |
| 2026-01-09 | 17.62 |
| 2026-01-08 | 17.36 |
| 2026-01-07 | 16.07 |
| 2026-01-06 | 16.13 |
| 2026-01-05 | 15.96 |
| 2026-01-02 | 15.91 |
| 2025-12-31 | 16.19 |
| 2025-12-30 | 16.38 |
| 2025-12-29 | 16.44 |
| 2025-12-26 | 16.45 |
| 2025-12-24 | 16.45 |
| 2025-12-23 | 16.41 |
| 2025-12-22 | 16.52 |
| 2025-12-19 | 16.14 |
| 2025-12-18 | 16.34 |
| 2025-12-17 | 16.13 |
| 2025-12-16 | 16.15 |
| 2025-12-15 | 16.22 |
| 2025-12-12 | 16.14 |
| 2025-12-11 | 16.25 |
| 2025-12-10 | 15.97 |
| 2025-12-09 | 15.76 |
| 2025-12-08 | 15.75 |
| 2025-12-05 | 16.07 |
| 2025-12-04 | 15.84 |
| 2025-12-03 | 15.90 |
| 2025-12-02 | 15.85 |
| 2025-12-01 | 15.96 |
| 2025-11-28 | 16.01 |
| 2025-11-26 | 15.89 |
| 2025-11-25 | 15.81 |
| 2025-11-24 | 15.68 |
| 2025-11-21 | 15.99 |
| 2025-11-20 | 15.77 |
| 2025-11-19 | 15.79 |
| 2025-11-18 | 15.83 |
| 2025-11-17 | 15.82 |
| 2025-11-14 | 16.07 |
| 2025-11-13 | 16.17 |
| 2025-11-12 | 15.95 |
| 2025-11-11 | 15.99 |
| 2025-11-10 | 15.94 |
| 2025-11-07 | 15.93 |
| 2025-11-06 | 15.91 |
| 2025-11-05 | 15.99 |
| 2025-11-04 | 15.85 |
| 2025-11-03 | 15.67 |
| 2025-10-31 | 15.77 |
| 2025-10-30 | 15.83 |
| 2025-10-29 | 15.83 |
| 2025-10-28 | 16.34 |
| 2025-10-27 | 16.24 |
| 2025-10-24 | 16.42 |
| 2025-10-23 | 16.55 |
| 2025-10-22 | 16.66 |
| 2025-10-21 | 16.91 |
| 2025-10-20 | 16.55 |
| 2025-10-17 | 16.19 |
| 2025-10-16 | 15.87 |
| 2025-10-15 | 16.13 |
| 2025-10-14 | 16.20 |
| 2025-10-13 | 16.17 |
| 2025-10-10 | 16.18 |
| 2025-10-09 | 16.50 |
| 2025-10-08 | 17.39 |
| 2025-10-07 | 17.42 |
| 2025-10-06 | 17.41 |
| 2025-10-03 | 17.72 |
| 2025-10-02 | 17.75 |
| 2025-10-01 | 17.81 |
| 2025-09-30 | 17.95 |
| 2025-09-29 | 17.83 |
| 2025-09-26 | 17.86 |
| 2025-09-25 | 17.67 |
| 2025-09-24 | 17.49 |
| 2025-09-23 | 17.54 |
| 2025-09-22 | 17.72 |
| 2025-09-19 | 17.50 |
| 2025-09-18 | 17.45 |
| 2025-09-17 | 17.49 |
| 2025-09-16 | 17.43 |
| 2025-09-15 | 17.47 |
| 2025-09-12 | 17.70 |
| 2025-09-11 | 17.88 |
| 2025-09-10 | 17.61 |
| 2025-09-09 | 17.67 |
| 2025-09-08 | 17.73 |
| 2025-09-05 | 17.88 |
| 2025-09-04 | 18.09 |
| 2025-09-03 | 17.98 |
| 2025-09-02 | 17.97 |
| 2025-08-29 | 18.37 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.