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 9.47 is in line with its 5-year average of 9.23, around the middle of its 5-year range (7.38–11.96).
As of Thursday, August 27, 2026. 7.86% below its 12-month average of 10.28.
PB RATIO
9.47
PB RATIO AVG TTM
10.28
PB RATIO AVG 3Y
9.64
PB RATIO AVG 5Y
9.23
PB RATIO AVG 10Y
8.68
PB RATIO AVG 15Y
7.41
PB RATIO AVG 20Y
6.33
CURRENT VS TTM AVG
-7.86%
CURRENT VS 3Y AVG
-1.80%
CURRENT VS 5Y AVG
+2.57%
CURRENT VS 10Y AVG
+9.14%
CURRENT VS 15Y AVG
+27.79%
CURRENT VS 20Y AVG
+49.69%
SECTOR MEDIAN · INDUSTRIALS
5.42
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
+74.56%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI) | $46.95B | 9.47 | 10.28 | 9.64 | 9.23 |
| Thomson Reuters Corporation (TRI)vs › | $45.74B | 4.14 | 4.31 | 5.76 | 5.22 |
| Rockwell Automation, Inc. (ROK)vs › | $48.18B | 13.91 | 12.73 | 10.51 | 11.23 |
| HEICO Corporation (HEI-A)vs › | $48.34B | 6.40 | 7.83 | 7.53 | 7.34 |
| Carrier Global Corporation (CARR)vs › | $48.50B | 3.75 | 3.72 | 4.53 | 4.93 |
| Ferguson plc (FERG)vs › | $45.24B | 7.30 | 8.02 | 7.45 | 6.92 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.78B | 2.37 | 2.96 | 2.46 | 2.39 |
| Paychex, Inc. (PAYX)vs › | $44.99B | 11.98 | 9.93 | 11.71 | 12.45 |
| Axon Enterprise, Inc. (AXON)vs › | $49.26B | 13.64 | 14.87 | 16.25 | 13.54 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.21B | 4.50 | 3.70 | 3.09 | 2.55 |
At 9.47, P/B is above its 20-year median — higher than 87% of readings in its 20-year history.
20-year low
1.38
median
5.94
20-year high
12.87
P/B Ratio
9.47
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 |
|---|---|
| 2026-08-27 | 9.47 |
| 2026-08-26 | 10.23 |
| 2026-08-25 | 10.38 |
| 2026-08-24 | 10.43 |
| 2026-08-21 | 10.50 |
| 2026-08-20 | 10.36 |
| 2026-08-19 | 10.74 |
| 2026-08-18 | 10.88 |
| 2026-08-17 | 10.98 |
| 2026-08-14 | 11.08 |
| 2026-08-13 | 10.98 |
| 2026-08-12 | 11.03 |
| 2026-08-11 | 10.85 |
| 2026-08-10 | 10.76 |
| 2026-08-07 | 10.87 |
| 2026-08-06 | 10.74 |
| 2026-08-05 | 10.84 |
| 2026-08-04 | 10.87 |
| 2026-08-03 | 10.66 |
| 2026-07-31 | 10.53 |
| 2026-07-30 | 10.47 |
| 2026-07-29 | 10.50 |
| 2026-07-28 | 10.74 |
| 2026-07-27 | 10.56 |
| 2026-07-24 | 10.33 |
| 2026-07-23 | 10.07 |
| 2026-07-22 | 9.91 |
| 2026-07-21 | 10.06 |
| 2026-07-20 | 10.06 |
| 2026-07-17 | 10.13 |
| 2026-07-16 | 10.17 |
| 2026-07-15 | 10.39 |
| 2026-07-14 | 10.22 |
| 2026-07-13 | 10.17 |
| 2026-07-10 | 10.37 |
| 2026-07-09 | 10.41 |
| 2026-07-08 | 10.28 |
| 2026-07-07 | 10.58 |
| 2026-07-06 | 10.80 |
| 2026-07-02 | 10.70 |
| 2026-07-01 | 10.63 |
| 2026-06-30 | 10.53 |
| 2026-06-29 | 10.36 |
| 2026-06-26 | 10.20 |
| 2026-06-25 | 10.12 |
| 2026-06-24 | 9.91 |
| 2026-06-23 | 9.88 |
| 2026-06-22 | 9.79 |
| 2026-06-18 | 9.97 |
| 2026-06-17 | 9.97 |
| 2026-06-16 | 9.92 |
| 2026-06-15 | 9.94 |
| 2026-06-12 | 9.80 |
| 2026-06-11 | 10.03 |
| 2026-06-10 | 9.49 |
| 2026-06-09 | 9.65 |
| 2026-06-08 | 9.56 |
| 2026-06-05 | 9.80 |
| 2026-06-04 | 9.84 |
| 2026-06-03 | 9.73 |
| 2026-06-02 | 9.82 |
| 2026-06-01 | 9.85 |
| 2026-05-29 | 10.29 |
| 2026-05-28 | 10.81 |
| 2026-05-27 | 9.69 |
| 2026-05-26 | 9.67 |
| 2026-05-22 | 9.43 |
| 2026-05-21 | 9.43 |
| 2026-05-20 | 9.44 |
| 2026-05-19 | 9.16 |
| 2026-05-18 | 9.19 |
| 2026-05-15 | 9.05 |
| 2026-05-14 | 9.31 |
| 2026-05-13 | 9.14 |
| 2026-05-12 | 9.01 |
| 2026-05-11 | 9.08 |
| 2026-05-08 | 9.16 |
| 2026-05-07 | 9.07 |
| 2026-05-06 | 9.28 |
| 2026-05-05 | 8.69 |
| 2026-05-04 | 8.44 |
| 2026-05-01 | 8.40 |
| 2026-04-30 | 8.45 |
| 2026-04-29 | 8.17 |
| 2026-04-28 | 8.27 |
| 2026-04-27 | 8.34 |
| 2026-04-24 | 8.27 |
| 2026-04-23 | 8.42 |
| 2026-04-22 | 8.41 |
| 2026-04-21 | 8.65 |
| 2026-04-20 | 9.15 |
| 2026-04-17 | 9.13 |
| 2026-04-16 | 8.92 |
| 2026-04-15 | 9.16 |
| 2026-04-14 | 9.40 |
| 2026-04-13 | 9.20 |
| 2026-04-10 | 9.06 |
| 2026-04-09 | 9.18 |
| 2026-04-08 | 9.19 |
| 2026-04-07 | 8.63 |
| 2026-04-06 | 8.67 |
| 2026-04-02 | 8.51 |
| 2026-04-01 | 8.63 |
| 2026-03-31 | 8.59 |
| 2026-03-30 | 8.30 |
| 2026-03-27 | 8.56 |
| 2026-03-26 | 8.54 |
| 2026-03-25 | 8.74 |
| 2026-03-24 | 8.79 |
| 2026-03-23 | 8.76 |
| 2026-03-20 | 8.62 |
| 2026-03-19 | 8.68 |
| 2026-03-18 | 9.03 |
| 2026-03-17 | 9.15 |
| 2026-03-16 | 9.13 |
| 2026-03-13 | 9.03 |
| 2026-03-12 | 9.08 |
| 2026-03-11 | 9.61 |
| 2026-03-10 | 9.60 |
| 2026-03-09 | 9.72 |
| 2026-03-06 | 9.51 |
| 2026-03-05 | 9.63 |
| 2026-03-04 | 10.02 |
| 2026-03-03 | 10.23 |
| 2026-03-02 | 10.31 |
| 2026-02-27 | 10.01 |
| 2026-02-26 | 10.25 |
| 2026-02-25 | 11.29 |
| 2026-02-24 | 11.49 |
| 2026-02-23 | 11.34 |
| 2026-02-20 | 11.52 |
| 2026-02-19 | 11.34 |
| 2026-02-18 | 11.21 |
| 2026-02-17 | 11.05 |
| 2026-02-13 | 10.89 |
| 2026-02-12 | 10.76 |
| 2026-02-11 | 10.56 |
| 2026-02-10 | 10.59 |
| 2026-02-09 | 10.57 |
| 2026-02-06 | 10.70 |
| 2026-02-05 | 10.56 |
| 2026-02-04 | 10.63 |
| 2026-02-03 | 10.95 |
| 2026-02-02 | 10.89 |
| 2026-01-30 | 10.84 |
| 2026-01-29 | 10.88 |
| 2026-01-28 | 10.85 |
| 2026-01-27 | 11.09 |
| 2026-01-26 | 11.01 |
| 2026-01-23 | 10.96 |
| 2026-01-22 | 11.12 |
| 2026-01-21 | 11.39 |
| 2026-01-20 | 11.29 |
| 2026-01-16 | 11.55 |
| 2026-01-15 | 11.73 |
| 2026-01-14 | 11.54 |
| 2026-01-13 | 11.54 |
| 2026-01-12 | 11.69 |
| 2026-01-09 | 11.58 |
| 2026-01-08 | 11.49 |
| 2026-01-07 | 11.50 |
| 2026-01-06 | 11.39 |
| 2026-01-05 | 11.19 |
| 2026-01-02 | 10.79 |
| 2025-12-31 | 10.60 |
| 2025-12-30 | 10.75 |
| 2025-12-29 | 10.79 |
| 2025-12-26 | 10.97 |
| 2025-12-24 | 11.08 |
| 2025-12-23 | 11.07 |
| 2025-12-22 | 10.96 |
| 2025-12-19 | 11.12 |
| 2025-12-18 | 10.51 |
| 2025-12-17 | 10.44 |
| 2025-12-16 | 10.56 |
| 2025-12-15 | 10.62 |
| 2025-12-12 | 10.57 |
| 2025-12-11 | 10.73 |
| 2025-12-10 | 10.51 |
| 2025-12-09 | 10.40 |
| 2025-12-08 | 10.71 |
| 2025-12-05 | 10.63 |
| 2025-12-04 | 10.74 |
| 2025-12-03 | 10.53 |
| 2025-12-02 | 10.49 |
| 2025-12-01 | 10.54 |
| 2025-11-28 | 10.79 |
| 2025-11-26 | 10.73 |
| 2025-11-25 | 10.71 |
| 2025-11-24 | 10.41 |
| 2025-11-21 | 10.32 |
| 2025-11-20 | 10.32 |
| 2025-11-19 | 10.46 |
| 2025-11-18 | 10.55 |
| 2025-11-17 | 10.58 |
| 2025-11-14 | 10.67 |
| 2025-11-13 | 10.80 |
| 2025-11-12 | 11.09 |
| 2025-11-11 | 11.20 |
| 2025-11-10 | 11.25 |
| 2025-11-07 | 10.99 |
| 2025-11-06 | 10.81 |
| 2025-11-05 | 10.83 |
| 2025-11-04 | 10.76 |
| 2025-11-03 | 10.71 |
| 2025-10-31 | 10.82 |
| 2025-10-30 | 10.56 |
| 2025-10-29 | 10.57 |
| 2025-10-28 | 10.64 |
| 2025-10-27 | 10.75 |
| 2025-10-24 | 10.78 |
| 2025-10-23 | 10.81 |
| 2025-10-22 | 10.62 |
| 2025-10-21 | 10.73 |
| 2025-10-20 | 10.65 |
| 2025-10-17 | 10.45 |
| 2025-10-16 | 10.46 |
| 2025-10-15 | 10.46 |
| 2025-10-14 | 10.65 |
| 2025-10-13 | 10.60 |
| 2025-10-10 | 10.44 |
| 2025-10-09 | 10.75 |
| 2025-10-08 | 10.92 |
| 2025-10-07 | 10.79 |
| 2025-10-06 | 10.96 |
| 2025-10-03 | 10.91 |
| 2025-10-02 | 10.82 |
| 2025-10-01 | 10.88 |
| 2025-09-30 | 10.99 |
| 2025-09-29 | 10.82 |
| 2025-09-26 | 10.90 |
| 2025-09-25 | 10.82 |
| 2025-09-24 | 10.78 |
| 2025-09-23 | 10.89 |
| 2025-09-22 | 10.90 |
| 2025-09-19 | 10.85 |
| 2025-09-18 | 10.95 |
| 2025-09-17 | 10.79 |
| 2025-09-16 | 10.99 |
| 2025-09-15 | 11.01 |
| 2025-09-12 | 10.85 |
| 2025-09-11 | 10.92 |
| 2025-09-10 | 10.77 |
| 2025-09-09 | 10.77 |
| 2025-09-08 | 10.80 |
| 2025-09-05 | 10.95 |
| 2025-09-04 | 10.97 |
| 2025-09-03 | 10.85 |
| 2025-09-02 | 10.75 |
| 2025-08-29 | 10.62 |
| 2025-08-28 | 10.83 |
| 2025-08-27 | 10.77 |
| 2025-08-26 | 11.77 |
| 2025-08-25 | 10.82 |
| 2025-08-22 | 10.97 |
| 2025-08-21 | 10.90 |
| 2025-08-20 | 10.89 |
| 2025-08-19 | 10.79 |
| 2025-08-18 | 10.92 |
| 2025-08-15 | 10.91 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.