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 2.14 is 28% above its estimated 5-year average of 1.67, near the high end of its estimated 5-year range (1.21–2.50).
As of 2026-09-18T22:55:22.677Z. 4.47% above its estimated 12-month average of 2.05.
Calculation as of: 2026-09-18T22:55:22.677Z.
Quote observation: 2026-09-18T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 8228ea3b288e2e47cdb1246f9d8cbc6f932e4b4eef95a987475f6be2f94f29e9
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
2.14
PB RATIO AVG TTM
2.05
PB RATIO AVG 3Y
1.77
PB RATIO AVG 5Y
1.67
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+4.47%
CURRENT VS 3Y AVG
+21.00%
CURRENT VS 5Y AVG
+27.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
3.08
median of 53 covered companies
CURRENT VS SECTOR MEDIAN
-30.52%
vs the sector median at left
Market Cap
$63.28B
PB Ratio
4.56
TTM Avg
4.09
3Y Avg
4.09
5Y Avg
4.23
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corteva, Inc. (CTVA) | $53.86B | 2.14 | 2.05 | 1.77 | 1.67 |
| AngloGold Ashanti plc (AU)vs › | $52.16B | 5.82 | 5.74 | 3.67 | 3.01 |
| Nucor Corporation (NUE)vs › | $56.57B | 2.56 | 2.11 | 1.89 | 2.05 |
| CRH plc (CRH)vs › | $57.57B | 2.40 | 3.71 | 3.24 | 2.69 |
| Vale S.A. (VALE)vs › | $60.60B | 1.60 | 1.59 | 1.40 | 1.66 |
| Air Products and Chemicals, Inc. (APD)vs › | $63.28B | 4.56 | 4.09 | 4.09 | 4.23 |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.58B | 7.08 | 6.66 | 4.84 | 4.07 |
| Nutrien Ltd. (NTR)vs › | $37.01B | 1.43 | 1.28 | 1.13 | 1.36 |
| Barrick Mining Corporation (B)vs › | $72.50B | 2.66 | 2.60 | 1.76 | 1.61 |
| Steel Dynamics, Inc. (STLD)vs › | $33.72B | 3.58 | 3.19 | 2.54 | 2.44 |
At 2.14, P/B is above its estimated 7-year median — higher than 94% of readings in its estimated 7-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 7-year low
0.27
median
1.53
estimated 7-year high
2.50
P/B Ratio
2.14
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 | 2.24 |
| 2026-09-10 | 2.26 |
| 2026-09-09 | 2.26 |
| 2026-09-08 | 2.29 |
| 2026-09-04 | 2.35 |
| 2026-09-03 | 2.37 |
| 2026-09-02 | 2.40 |
| 2026-09-01 | 2.34 |
| 2026-08-31 | 2.26 |
| 2026-08-28 | 2.24 |
| 2026-08-27 | 2.20 |
| 2026-08-26 | 2.21 |
| 2026-08-25 | 2.22 |
| 2026-08-24 | 2.21 |
| 2026-08-21 | 2.18 |
| 2026-08-20 | 2.12 |
| 2026-08-19 | 2.10 |
| 2026-08-18 | 2.08 |
| 2026-08-17 | 2.03 |
| 2026-08-14 | 2.05 |
| 2026-08-13 | 2.02 |
| 2026-08-12 | 2.02 |
| 2026-08-11 | 2.03 |
| 2026-08-10 | 2.04 |
| 2026-08-07 | 2.05 |
| 2026-08-06 | 2.05 |
| 2026-08-05 | 2.10 |
| 2026-08-04 | 2.09 |
| 2026-08-03 | 2.03 |
| 2026-07-31 | 2.18 |
| 2026-07-30 | 2.47 |
| 2026-07-29 | 2.50 |
| 2026-07-28 | 2.46 |
| 2026-07-27 | 2.42 |
| 2026-07-24 | 2.47 |
| 2026-07-23 | 2.45 |
| 2026-07-22 | 2.45 |
| 2026-07-21 | 2.40 |
| 2026-07-20 | 2.40 |
| 2026-07-17 | 2.41 |
| 2026-07-16 | 2.40 |
| 2026-07-15 | 2.34 |
| 2026-07-14 | 2.35 |
| 2026-07-13 | 2.38 |
| 2026-07-10 | 2.37 |
| 2026-07-09 | 2.32 |
| 2026-07-08 | 2.36 |
| 2026-07-07 | 2.40 |
| 2026-07-06 | 2.39 |
| 2026-07-02 | 2.37 |
| 2026-07-01 | 2.31 |
| 2026-06-30 | 2.34 |
| 2026-06-29 | 2.31 |
| 2026-06-26 | 2.28 |
| 2026-06-25 | 2.26 |
| 2026-06-24 | 2.21 |
| 2026-06-23 | 2.19 |
| 2026-06-22 | 2.18 |
| 2026-06-18 | 2.17 |
| 2026-06-17 | 2.14 |
| 2026-06-16 | 2.13 |
| 2026-06-15 | 2.09 |
| 2026-06-12 | 2.11 |
| 2026-06-11 | 2.07 |
| 2026-06-10 | 2.06 |
| 2026-06-09 | 2.07 |
| 2026-06-08 | 2.10 |
| 2026-06-05 | 2.13 |
| 2026-06-04 | 2.14 |
| 2026-06-03 | 2.15 |
| 2026-06-02 | 2.14 |
| 2026-06-01 | 2.15 |
| 2026-05-29 | 2.16 |
| 2026-05-28 | 2.23 |
| 2026-05-27 | 2.21 |
| 2026-05-26 | 2.19 |
| 2026-05-22 | 2.20 |
| 2026-05-21 | 2.19 |
| 2026-05-20 | 2.18 |
| 2026-05-19 | 2.18 |
| 2026-05-18 | 2.24 |
| 2026-05-15 | 2.27 |
| 2026-05-14 | 2.30 |
| 2026-05-13 | 2.30 |
| 2026-05-12 | 2.28 |
| 2026-05-11 | 2.29 |
| 2026-05-08 | 2.24 |
| 2026-05-07 | 2.19 |
| 2026-05-06 | 2.29 |
| 2026-05-05 | 2.34 |
| 2026-05-04 | 2.28 |
| 2026-05-01 | 2.26 |
| 2026-04-30 | 2.26 |
| 2026-04-29 | 2.22 |
| 2026-04-28 | 2.21 |
| 2026-04-27 | 2.22 |
| 2026-04-24 | 2.23 |
| 2026-04-23 | 2.23 |
| 2026-04-22 | 2.22 |
| 2026-04-21 | 2.25 |
| 2026-04-20 | 2.24 |
| 2026-04-17 | 2.25 |
| 2026-04-16 | 2.27 |
| 2026-04-15 | 2.27 |
| 2026-04-14 | 2.32 |
| 2026-04-13 | 2.33 |
| 2026-04-10 | 2.34 |
| 2026-04-09 | 2.34 |
| 2026-04-08 | 2.35 |
| 2026-04-07 | 2.38 |
| 2026-04-06 | 2.35 |
| 2026-04-02 | 2.39 |
| 2026-04-01 | 2.34 |
| 2026-03-31 | 2.34 |
| 2026-03-30 | 2.32 |
| 2026-03-27 | 2.29 |
| 2026-03-26 | 2.31 |
| 2026-03-25 | 2.29 |
| 2026-03-24 | 2.25 |
| 2026-03-23 | 2.17 |
| 2026-03-20 | 2.16 |
| 2026-03-19 | 2.18 |
| 2026-03-18 | 2.22 |
| 2026-03-17 | 2.24 |
| 2026-03-16 | 2.21 |
| 2026-03-13 | 2.21 |
| 2026-03-12 | 2.23 |
| 2026-03-11 | 2.20 |
| 2026-03-10 | 2.13 |
| 2026-03-09 | 2.19 |
| 2026-03-06 | 2.15 |
| 2026-03-05 | 2.14 |
| 2026-03-04 | 2.18 |
| 2026-03-03 | 2.21 |
| 2026-03-02 | 2.25 |
| 2026-02-27 | 2.24 |
| 2026-02-26 | 2.20 |
| 2026-02-25 | 2.17 |
| 2026-02-24 | 2.18 |
| 2026-02-23 | 2.14 |
| 2026-02-20 | 2.13 |
| 2026-02-19 | 2.15 |
| 2026-02-18 | 2.14 |
| 2026-02-17 | 2.11 |
| 2026-02-13 | 2.10 |
| 2026-02-12 | 1.99 |
| 2026-02-11 | 2.03 |
| 2026-02-10 | 2.00 |
| 2026-02-09 | 1.98 |
| 2026-02-06 | 1.95 |
| 2026-02-05 | 1.95 |
| 2026-02-04 | 2.02 |
| 2026-02-03 | 2.02 |
| 2026-02-02 | 1.97 |
| 2026-01-30 | 1.96 |
| 2026-01-29 | 1.99 |
| 2026-01-28 | 1.97 |
| 2026-01-27 | 1.96 |
| 2026-01-26 | 1.95 |
| 2026-01-23 | 1.93 |
| 2026-01-22 | 1.93 |
| 2026-01-21 | 1.92 |
| 2026-01-20 | 1.85 |
| 2026-01-16 | 1.87 |
| 2026-01-15 | 1.90 |
| 2026-01-14 | 1.88 |
| 2026-01-13 | 1.85 |
| 2026-01-12 | 1.84 |
| 2026-01-09 | 1.85 |
| 2026-01-08 | 1.89 |
| 2026-01-07 | 1.84 |
| 2026-01-06 | 1.87 |
| 2026-01-05 | 1.83 |
| 2026-01-02 | 1.82 |
| 2025-12-31 | 1.80 |
| 2025-12-30 | 1.81 |
| 2025-12-29 | 1.82 |
| 2025-12-26 | 1.81 |
| 2025-12-24 | 1.81 |
| 2025-12-23 | 1.81 |
| 2025-12-22 | 1.81 |
| 2025-12-19 | 1.78 |
| 2025-12-18 | 1.80 |
| 2025-12-17 | 1.79 |
| 2025-12-16 | 1.76 |
| 2025-12-15 | 1.77 |
| 2025-12-12 | 1.78 |
| 2025-12-11 | 1.78 |
| 2025-12-10 | 1.75 |
| 2025-12-09 | 1.77 |
| 2025-12-08 | 1.75 |
| 2025-12-05 | 1.78 |
| 2025-12-04 | 1.78 |
| 2025-12-03 | 1.76 |
| 2025-12-02 | 1.77 |
| 2025-12-01 | 1.79 |
| 2025-11-28 | 1.82 |
| 2025-11-26 | 1.79 |
| 2025-11-25 | 1.78 |
| 2025-11-24 | 1.77 |
| 2025-11-21 | 1.76 |
| 2025-11-20 | 1.73 |
| 2025-11-19 | 1.74 |
| 2025-11-18 | 1.74 |
| 2025-11-17 | 1.72 |
| 2025-11-14 | 1.78 |
| 2025-11-13 | 1.78 |
| 2025-11-12 | 1.79 |
| 2025-11-11 | 1.77 |
| 2025-11-10 | 1.76 |
| 2025-11-07 | 1.73 |
| 2025-11-06 | 1.70 |
| 2025-11-05 | 1.68 |
| 2025-11-04 | 1.65 |
| 2025-11-03 | 1.64 |
| 2025-10-31 | 1.62 |
| 2025-10-30 | 1.63 |
| 2025-10-29 | 1.67 |
| 2025-10-28 | 1.67 |
| 2025-10-27 | 1.69 |
| 2025-10-24 | 1.68 |
| 2025-10-23 | 1.67 |
| 2025-10-22 | 1.66 |
| 2025-10-21 | 1.63 |
| 2025-10-20 | 1.63 |
| 2025-10-17 | 1.62 |
| 2025-10-16 | 1.61 |
| 2025-10-15 | 1.63 |
| 2025-10-14 | 1.65 |
| 2025-10-13 | 1.65 |
| 2025-10-10 | 1.63 |
| 2025-10-09 | 1.65 |
| 2025-10-08 | 1.66 |
| 2025-10-07 | 1.73 |
| 2025-10-06 | 1.70 |
| 2025-10-03 | 1.67 |
| 2025-10-02 | 1.67 |
| 2025-10-01 | 1.62 |
| 2025-09-30 | 1.78 |
| 2025-09-29 | 1.79 |
| 2025-09-26 | 1.80 |
| 2025-09-25 | 1.77 |
| 2025-09-24 | 1.84 |
| 2025-09-23 | 1.83 |
| 2025-09-22 | 1.84 |
| 2025-09-19 | 1.87 |
| 2025-09-18 | 1.86 |
| 2025-09-17 | 1.86 |
| 2025-09-16 | 1.84 |
| 2025-09-15 | 1.85 |
| 2025-09-12 | 1.96 |
| 2025-09-11 | 1.92 |
| 2025-09-10 | 1.89 |
| 2025-09-09 | 1.91 |
| 2025-09-08 | 1.92 |
| 2025-09-05 | 1.91 |
| 2025-09-04 | 1.92 |
| 2025-09-03 | 1.91 |
| 2025-09-02 | 1.95 |
| 2025-08-29 | 1.96 |
Showing the most recent 260 of 1,830 data points. The chart above shows the full history.