PB Ratio: 26.24

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 26.24 is 12% above its estimated 5-year average of 23.36, near the high end of its estimated 5-year range (15.42–29.42).

As of 2026-09-09T20:00:02.000Z. 10.29% above its estimated 12-month average of 23.79.

ITW PB Ratio Metrics

P/B vs. estimated history

At 26.24, P/B is above its estimated 20-year median — higher than 97% 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.

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 Illinois Tool Works Inc. (ITW)?

The P/B ratio for ITW stock is 26.24.

Is Illinois Tool Works Inc.'s P/B ratio high or low?

The P/B ratio of 26.24 is 12% above its estimated 5-year average of 23.36, near the high end of its estimated 5-year range (15.42–29.42).

What is the estimated TTM average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated TTM average P/B ratio for ITW stock is 23.79.

What is the estimated 3Y average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated 3Y average P/B ratio for ITW stock is 23.98.

What is the estimated 5Y average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated 5Y average P/B ratio for ITW stock is 23.36.

What is the estimated 10Y average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated 10Y average P/B ratio for ITW stock is 19.31.

What is the estimated 15Y average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated 15Y average P/B ratio for ITW stock is 14.33.

What is the estimated 20Y average P/B ratio for Illinois Tool Works Inc. (ITW)?

The estimated 20Y average P/B ratio for ITW stock is 11.43.

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

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