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 30.13 is 150% above its 5-year average of 12.06, near the high end of its 5-year range (2.82–32.85).
As of Friday, September 4, 2026. 36.18% above its 12-month average of 22.12.
PB RATIO
30.13
PB RATIO AVG TTM
22.12
PB RATIO AVG 3Y
16.66
PB RATIO AVG 5Y
12.06
PB RATIO AVG 10Y
7.88
PB RATIO AVG 15Y
6.80
PB RATIO AVG 20Y
5.93
CURRENT VS TTM AVG
+36.18%
CURRENT VS 3Y AVG
+80.87%
CURRENT VS 5Y AVG
+149.83%
CURRENT VS 10Y AVG
+282.39%
CURRENT VS 15Y AVG
+343.05%
CURRENT VS 20Y AVG
+408.34%
SECTOR MEDIAN · INDUSTRIALS
5.33
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+465.29%
vs the sector median at left
Market Cap
$80.11B
PB Ratio
2.48
TTM Avg
2.11
3Y Avg
2.22
5Y Avg
2.57
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| 3M Company (MMM) | $86.39B | 30.13 | 22.12 | 16.66 | 12.06 |
| Waste Management, Inc. (WM)vs › | $87.05B | 8.90 | 9.24 | 10.39 | 9.99 |
| United Parcel Service, Inc. (UPS)vs › | $85.36B | 5.78 | 5.45 | 6.08 | 7.97 |
| Emerson Electric Co. (EMR)vs › | $85.24B | 4.21 | 3.92 | 3.39 | 4.04 |
| CSX Corporation (CSX)vs › | $90.77B | 6.52 | 5.84 | 5.43 | 5.41 |
| Bloom Energy Corporation (BE)vs › | $81.65B | 50.72 | 56.73 | 24.66 | 22.49 |
| Cintas Corporation (CTAS)vs › | $80.23B | 15.77 | 16.25 | 17.26 | 15.58 |
| Howmet Aerospace Inc. (HWM)vs › | $92.64B | 18.18 | 17.78 | 12.20 | 9.13 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.11B | 2.48 | 2.11 | 2.22 | 2.57 |
| Cummins Inc. (CMI)vs › | $77.49B | 6.05 | 6.39 | 4.93 | 4.45 |
At 30.13, P/B is above its 20-year median — higher than 99% of readings in its 20-year history.
20-year low
2.41
median
5.68
20-year high
32.85
P/B Ratio
30.13
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 |
|---|---|
| 2026-09-04 | 30.13 |
| 2026-09-03 | 30.08 |
| 2026-09-02 | 30.16 |
| 2026-09-01 | 30.43 |
| 2026-08-31 | 30.71 |
| 2026-08-28 | 31.16 |
| 2026-08-27 | 31.96 |
| 2026-08-26 | 32.17 |
| 2026-08-25 | 32.06 |
| 2026-08-24 | 31.99 |
| 2026-08-21 | 31.98 |
| 2026-08-20 | 31.83 |
| 2026-08-19 | 32.29 |
| 2026-08-18 | 32.34 |
| 2026-08-17 | 32.21 |
| 2026-08-14 | 32.64 |
| 2026-08-13 | 32.64 |
| 2026-08-12 | 32.85 |
| 2026-08-11 | 32.73 |
| 2026-08-10 | 32.54 |
| 2026-08-07 | 32.69 |
| 2026-08-06 | 32.30 |
| 2026-08-05 | 32.54 |
| 2026-08-04 | 32.43 |
| 2026-08-03 | 31.68 |
| 2026-07-31 | 31.51 |
| 2026-07-30 | 31.47 |
| 2026-07-29 | 31.80 |
| 2026-07-28 | 32.61 |
| 2026-07-27 | 31.85 |
| 2026-07-24 | 30.85 |
| 2026-07-23 | 30.31 |
| 2026-07-22 | 30.52 |
| 2026-07-21 | 30.52 |
| 2026-07-20 | 25.98 |
| 2026-07-17 | 26.10 |
| 2026-07-16 | 26.41 |
| 2026-07-15 | 26.21 |
| 2026-07-14 | 25.57 |
| 2026-07-13 | 25.75 |
| 2026-07-10 | 25.72 |
| 2026-07-09 | 25.36 |
| 2026-07-08 | 25.26 |
| 2026-07-07 | 25.80 |
| 2026-07-06 | 25.99 |
| 2026-07-02 | 26.20 |
| 2026-07-01 | 26.12 |
| 2026-06-30 | 26.44 |
| 2026-06-29 | 26.52 |
| 2026-06-26 | 26.78 |
| 2026-06-25 | 27.43 |
| 2026-06-24 | 27.09 |
| 2026-06-23 | 26.43 |
| 2026-06-22 | 26.65 |
| 2026-06-18 | 26.22 |
| 2026-06-17 | 26.00 |
| 2026-06-16 | 26.39 |
| 2026-06-15 | 25.84 |
| 2026-06-12 | 25.85 |
| 2026-06-11 | 25.78 |
| 2026-06-10 | 25.61 |
| 2026-06-09 | 25.54 |
| 2026-06-08 | 25.12 |
| 2026-06-05 | 25.11 |
| 2026-06-04 | 24.95 |
| 2026-06-03 | 24.76 |
| 2026-06-02 | 24.97 |
| 2026-06-01 | 24.64 |
| 2026-05-29 | 25.00 |
| 2026-05-28 | 24.96 |
| 2026-05-27 | 25.34 |
| 2026-05-26 | 25.15 |
| 2026-05-22 | 24.89 |
| 2026-05-21 | 24.75 |
| 2026-05-20 | 24.46 |
| 2026-05-19 | 24.39 |
| 2026-05-18 | 24.91 |
| 2026-05-15 | 23.88 |
| 2026-05-14 | 23.70 |
| 2026-05-13 | 24.02 |
| 2026-05-12 | 23.38 |
| 2026-05-11 | 23.41 |
| 2026-05-08 | 23.40 |
| 2026-05-07 | 23.47 |
| 2026-05-06 | 23.93 |
| 2026-05-05 | 23.32 |
| 2026-05-04 | 23.11 |
| 2026-05-01 | 23.27 |
| 2026-04-30 | 23.92 |
| 2026-04-29 | 23.49 |
| 2026-04-28 | 23.84 |
| 2026-04-27 | 23.80 |
| 2026-04-24 | 23.84 |
| 2026-04-23 | 23.65 |
| 2026-04-22 | 23.80 |
| 2026-04-21 | 24.24 |
| 2026-04-20 | 17.36 |
| 2026-04-17 | 17.72 |
| 2026-04-16 | 17.26 |
| 2026-04-15 | 17.34 |
| 2026-04-14 | 17.49 |
| 2026-04-13 | 17.51 |
| 2026-04-10 | 17.23 |
| 2026-04-09 | 17.25 |
| 2026-04-08 | 17.10 |
| 2026-04-07 | 16.55 |
| 2026-04-06 | 16.56 |
| 2026-04-02 | 16.56 |
| 2026-04-01 | 16.65 |
| 2026-03-31 | 16.65 |
| 2026-03-30 | 16.34 |
| 2026-03-27 | 16.40 |
| 2026-03-26 | 16.51 |
| 2026-03-25 | 16.97 |
| 2026-03-24 | 16.81 |
| 2026-03-23 | 16.80 |
| 2026-03-20 | 16.19 |
| 2026-03-19 | 16.36 |
| 2026-03-18 | 16.63 |
| 2026-03-17 | 17.09 |
| 2026-03-16 | 17.19 |
| 2026-03-13 | 17.30 |
| 2026-03-12 | 17.09 |
| 2026-03-11 | 17.79 |
| 2026-03-10 | 17.80 |
| 2026-03-09 | 17.38 |
| 2026-03-06 | 17.59 |
| 2026-03-05 | 17.91 |
| 2026-03-04 | 18.44 |
| 2026-03-03 | 18.17 |
| 2026-03-02 | 18.51 |
| 2026-02-27 | 18.95 |
| 2026-02-26 | 19.05 |
| 2026-02-25 | 18.98 |
| 2026-02-24 | 19.08 |
| 2026-02-23 | 19.07 |
| 2026-02-20 | 19.15 |
| 2026-02-19 | 18.92 |
| 2026-02-18 | 18.82 |
| 2026-02-17 | 19.21 |
| 2026-02-13 | 19.70 |
| 2026-02-12 | 20.02 |
| 2026-02-11 | 19.81 |
| 2026-02-10 | 19.88 |
| 2026-02-09 | 19.52 |
| 2026-02-06 | 19.79 |
| 2026-02-05 | 18.92 |
| 2026-02-04 | 18.78 |
| 2026-02-03 | 17.85 |
| 2026-02-02 | 17.97 |
| 2026-01-30 | 17.94 |
| 2026-01-29 | 18.32 |
| 2026-01-28 | 18.27 |
| 2026-01-27 | 18.51 |
| 2026-01-26 | 18.69 |
| 2026-01-23 | 19.06 |
| 2026-01-22 | 18.82 |
| 2026-01-21 | 18.26 |
| 2026-01-20 | 18.29 |
| 2026-01-16 | 19.66 |
| 2026-01-15 | 20.04 |
| 2026-01-14 | 19.91 |
| 2026-01-13 | 19.84 |
| 2026-01-12 | 19.67 |
| 2026-01-09 | 19.36 |
| 2026-01-08 | 19.36 |
| 2026-01-07 | 19.08 |
| 2026-01-06 | 19.47 |
| 2026-01-05 | 19.16 |
| 2026-01-02 | 18.95 |
| 2025-12-31 | 18.75 |
| 2025-12-30 | 18.88 |
| 2025-12-29 | 18.94 |
| 2025-12-26 | 18.99 |
| 2025-12-24 | 18.78 |
| 2025-12-23 | 18.76 |
| 2025-12-22 | 18.74 |
| 2025-12-19 | 18.97 |
| 2025-12-18 | 18.95 |
| 2025-12-17 | 19.00 |
| 2025-12-16 | 19.12 |
| 2025-12-15 | 19.41 |
| 2025-12-12 | 19.78 |
| 2025-12-11 | 19.75 |
| 2025-12-10 | 19.40 |
| 2025-12-09 | 19.34 |
| 2025-12-08 | 19.21 |
| 2025-12-05 | 19.62 |
| 2025-12-04 | 19.83 |
| 2025-12-03 | 20.27 |
| 2025-12-02 | 20.10 |
| 2025-12-01 | 19.97 |
| 2025-11-28 | 20.15 |
| 2025-11-26 | 20.01 |
| 2025-11-25 | 20.09 |
| 2025-11-24 | 19.86 |
| 2025-11-21 | 19.69 |
| 2025-11-20 | 19.28 |
| 2025-11-19 | 19.51 |
| 2025-11-18 | 19.42 |
| 2025-11-17 | 19.37 |
| 2025-11-14 | 19.63 |
| 2025-11-13 | 19.99 |
| 2025-11-12 | 20.04 |
| 2025-11-11 | 19.76 |
| 2025-11-10 | 19.64 |
| 2025-11-07 | 19.31 |
| 2025-11-06 | 19.19 |
| 2025-11-05 | 19.25 |
| 2025-11-04 | 18.81 |
| 2025-11-03 | 19.00 |
| 2025-10-31 | 19.50 |
| 2025-10-30 | 19.50 |
| 2025-10-29 | 19.28 |
| 2025-10-28 | 19.54 |
| 2025-10-27 | 19.73 |
| 2025-10-24 | 19.74 |
| 2025-10-23 | 20.10 |
| 2025-10-22 | 19.59 |
| 2025-10-21 | 19.52 |
| 2025-10-20 | 19.63 |
| 2025-10-17 | 19.36 |
| 2025-10-16 | 19.21 |
| 2025-10-15 | 19.47 |
| 2025-10-14 | 19.35 |
| 2025-10-13 | 19.17 |
| 2025-10-10 | 18.87 |
| 2025-10-09 | 19.39 |
| 2025-10-08 | 19.79 |
| 2025-10-07 | 19.70 |
| 2025-10-06 | 19.78 |
| 2025-10-03 | 20.13 |
| 2025-10-02 | 20.14 |
| 2025-10-01 | 19.79 |
| 2025-09-30 | 19.69 |
| 2025-09-29 | 19.55 |
| 2025-09-26 | 19.38 |
| 2025-09-25 | 19.41 |
| 2025-09-24 | 19.61 |
| 2025-09-23 | 19.83 |
| 2025-09-22 | 19.52 |
| 2025-09-19 | 19.87 |
| 2025-09-18 | 19.71 |
| 2025-09-17 | 19.68 |
| 2025-09-16 | 19.85 |
| 2025-09-15 | 19.87 |
| 2025-09-12 | 20.03 |
| 2025-09-11 | 20.23 |
| 2025-09-10 | 19.48 |
| 2025-09-09 | 19.42 |
| 2025-09-08 | 19.54 |
| 2025-09-05 | 19.70 |
| 2025-09-04 | 19.73 |
| 2025-09-03 | 19.28 |
| 2025-09-02 | 19.57 |
| 2025-08-29 | 19.73 |
| 2025-08-28 | 19.99 |
| 2025-08-27 | 19.86 |
| 2025-08-26 | 19.86 |
| 2025-08-25 | 19.77 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.