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 2115.64 is 75% above its 5-year average of 1208.11, around the middle of its 5-year range (166.53–4294.04).
As of Friday, September 4, 2026. 4.63% below its 12-month average of 2218.40.
PB RATIO
2115.64
PB RATIO AVG TTM
2218.40
PB RATIO AVG 3Y
2218.40
PB RATIO AVG 5Y
1208.11
PB RATIO AVG 10Y
76.52
PB RATIO AVG 15Y
23.73
PB RATIO AVG 20Y
16.83
CURRENT VS TTM AVG
-4.63%
CURRENT VS 3Y AVG
-4.63%
CURRENT VS 5Y AVG
+75.12%
CURRENT VS 10Y AVG
+2664.77%
CURRENT VS 15Y AVG
+8814.19%
CURRENT VS 20Y AVG
+12472.46%
SECTOR MEDIAN · HEALTHCARE
4.16
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+50756.73%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$26.79B
PB Ratio
2115.64
TTM Avg
2218.40
3Y Avg
2218.40
5Y Avg
1208.11
Market Cap
$23.79B
PB Ratio
8.11
TTM Avg
6.90
3Y Avg
7.85
5Y Avg
9.05
Market Cap
$30.16B
PB Ratio
2.85
TTM Avg
3.26
3Y Avg
4.15
5Y Avg
4.15
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $26.79B | 2115.64 | 2218.40 | 2218.40 | 1208.11 |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 3.11 | 2.65 | 2.47 | 2.26 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.99B | 3.53 | 3.04 | 2.71 | 2.71 |
| Incyte Corporation (INCY)vs › | $25.22B | 4.16 | 4.08 | 3.66 | 3.87 |
| BioNTech SE (BNTX)vs › | $24.78B | 1.30 | 1.12 | 1.15 | 1.86 |
| Medline Inc. (MDLN)vs › | $29.33B | 2.72 | 3.05 | 3.05 | 3.05 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.79B | 8.11 | 6.90 | 7.85 | 9.05 |
| Waters Corporation (WAT)vs › | $30.13B | 2.65 | 6.62 | 12.16 | 27.80 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 2.85 | 3.26 | 4.15 | 4.15 |
| Zoetis Inc. (ZTS)vs › | $30.86B | 10.06 | 11.91 | 14.57 | 16.13 |
At 2115.64, P/B is above its 20-year median — higher than 98% of readings in its 20-year history.
20-year low
3.06
median
10.12
20-year high
4294.04
P/B Ratio
2115.64
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 | 2115.64 |
| 2026-09-03 | 2132.90 |
| 2026-09-02 | 2151.00 |
| 2026-09-01 | 2163.93 |
| 2026-08-31 | 2209.82 |
| 2026-08-28 | 2199.50 |
| 2026-08-27 | 2213.42 |
| 2026-08-26 | 2199.31 |
| 2026-08-25 | 2205.27 |
| 2026-08-24 | 2199.99 |
| 2026-08-21 | 2194.26 |
| 2026-08-20 | 2191.09 |
| 2026-08-19 | 2241.19 |
| 2026-08-18 | 2201.21 |
| 2026-08-17 | 2229.13 |
| 2026-08-14 | 2231.64 |
| 2026-08-13 | 2250.11 |
| 2026-08-12 | 2262.33 |
| 2026-08-11 | 2260.20 |
| 2026-08-10 | 2245.03 |
| 2026-08-07 | 2248.06 |
| 2026-08-06 | 2235.14 |
| 2026-08-05 | 2235.58 |
| 2026-08-04 | 2259.92 |
| 2026-08-03 | 2272.50 |
| 2026-07-31 | 2227.37 |
| 2023-05-04 | 1333.28 |
| 2023-05-03 | 1348.55 |
| 2023-05-02 | 1357.94 |
| 2023-05-01 | 1373.14 |
| 2023-04-28 | 1348.01 |
| 2023-04-27 | 1316.45 |
| 2023-04-26 | 1321.04 |
| 2023-04-25 | 1328.88 |
| 2023-04-24 | 1422.77 |
| 2023-04-21 | 1409.37 |
| 2023-04-20 | 1391.45 |
| 2023-04-19 | 1445.16 |
| 2023-04-18 | 1436.33 |
| 2023-04-17 | 1442.38 |
| 2023-04-14 | 1425.24 |
| 2023-04-13 | 1429.54 |
| 2023-04-12 | 1385.92 |
| 2023-04-11 | 1380.43 |
| 2023-04-10 | 1375.24 |
| 2023-04-06 | 1356.52 |
| 2023-04-05 | 1382.69 |
| 2023-04-04 | 1382.39 |
| 2023-04-03 | 1383.30 |
| 2023-03-31 | 1383.00 |
| 2023-03-30 | 1355.46 |
| 2023-03-29 | 1352.36 |
| 2023-03-28 | 1331.87 |
| 2023-03-27 | 1339.00 |
| 2023-03-24 | 1319.32 |
| 2023-03-23 | 1311.50 |
| 2023-03-22 | 1312.55 |
| 2023-03-21 | 1355.89 |
| 2023-03-20 | 1332.84 |
| 2023-03-17 | 1315.12 |
| 2023-03-16 | 1328.45 |
| 2023-03-15 | 1300.45 |
| 2023-03-14 | 1328.46 |
| 2023-03-13 | 1301.08 |
| 2023-03-10 | 1295.36 |
| 2023-03-09 | 1333.61 |
| 2023-03-08 | 1346.87 |
| 2023-03-07 | 1331.45 |
| 2023-03-06 | 1361.04 |
| 2023-03-03 | 1363.50 |
| 2023-03-02 | 1337.16 |
| 2023-03-01 | 1281.55 |
| 2023-02-28 | 1295.78 |
| 2023-02-27 | 1293.86 |
| 2023-02-24 | 1290.70 |
| 2023-02-23 | 1326.46 |
| 2023-02-22 | 1315.39 |
| 2023-02-21 | 1318.66 |
| 2023-02-17 | 1368.28 |
| 2023-02-16 | 1386.88 |
| 2023-02-15 | 1411.55 |
| 2023-02-14 | 1396.81 |
| 2023-02-13 | 1404.71 |
| 2023-02-10 | 1367.72 |
| 2022-11-03 | 3852.44 |
| 2022-11-02 | 3893.10 |
| 2022-11-01 | 4025.19 |
| 2022-10-31 | 3975.19 |
| 2022-10-28 | 3973.99 |
| 2022-10-27 | 3937.95 |
| 2022-10-26 | 3968.59 |
| 2022-10-25 | 3868.21 |
| 2022-10-24 | 3762.15 |
| 2022-10-21 | 3690.62 |
| 2022-10-20 | 3594.84 |
| 2022-10-19 | 3667.34 |
| 2022-10-18 | 3771.14 |
| 2022-10-17 | 3686.66 |
| 2022-10-14 | 3510.39 |
| 2022-10-13 | 3556.28 |
| 2022-10-12 | 3465.27 |
| 2022-10-11 | 3498.55 |
| 2022-10-10 | 3541.98 |
| 2022-10-07 | 3635.66 |
| 2022-10-06 | 3781.13 |
| 2022-10-05 | 3778.90 |
| 2022-10-04 | 3705.80 |
| 2022-10-03 | 3561.71 |
| 2022-09-30 | 3406.97 |
| 2022-09-29 | 3447.07 |
| 2022-09-28 | 3485.47 |
| 2022-09-27 | 3470.33 |
| 2022-09-26 | 3512.97 |
| 2022-09-23 | 3557.47 |
| 2022-09-22 | 3568.53 |
| 2022-09-21 | 3645.62 |
| 2022-09-20 | 3669.16 |
| 2022-09-19 | 3786.28 |
| 2022-09-16 | 3766.42 |
| 2022-09-15 | 3908.75 |
| 2022-09-14 | 3928.43 |
| 2022-09-13 | 3993.10 |
| 2022-09-12 | 4130.62 |
| 2022-09-09 | 4088.38 |
| 2022-09-08 | 4036.09 |
| 2022-09-07 | 3929.78 |
| 2022-09-06 | 3842.51 |
| 2022-09-02 | 3755.49 |
| 2022-09-01 | 3797.32 |
| 2022-08-31 | 3810.29 |
| 2022-08-30 | 3845.68 |
| 2022-08-29 | 3872.86 |
| 2022-08-26 | 3934.27 |
| 2022-08-25 | 4160.70 |
| 2022-08-24 | 4075.22 |
| 2022-08-23 | 4031.44 |
| 2022-08-22 | 4111.39 |
| 2022-08-19 | 4191.62 |
| 2022-08-18 | 4269.93 |
| 2022-08-17 | 4263.27 |
| 2022-08-16 | 4261.70 |
| 2022-08-15 | 4294.04 |
| 2022-08-12 | 4286.84 |
| 2022-08-11 | 4232.44 |
| 2022-08-10 | 4232.41 |
| 2022-08-09 | 4131.38 |
| 2022-08-08 | 4217.73 |
| 2022-08-05 | 4235.36 |
| 2022-08-04 | 4232.72 |
| 2022-08-03 | 4273.70 |
| 2022-08-02 | 4212.11 |
| 2022-08-01 | 4245.14 |
| 2022-07-29 | 4241.68 |
| 2022-07-28 | 353.89 |
| 2022-07-27 | 346.97 |
| 2022-07-26 | 336.69 |
| 2022-07-25 | 335.16 |
| 2022-07-22 | 333.50 |
| 2022-07-21 | 337.90 |
| 2022-07-20 | 317.78 |
| 2022-07-19 | 315.18 |
| 2022-07-18 | 305.90 |
| 2022-07-15 | 315.75 |
| 2022-07-14 | 310.10 |
| 2022-07-13 | 319.39 |
| 2022-07-12 | 324.36 |
| 2022-07-11 | 333.15 |
| 2022-07-08 | 332.73 |
| 2022-07-07 | 328.92 |
| 2022-07-06 | 319.19 |
| 2022-07-05 | 320.24 |
| 2022-07-01 | 316.53 |
| 2022-06-30 | 312.97 |
| 2022-06-29 | 312.22 |
| 2022-06-28 | 308.07 |
| 2022-06-27 | 311.74 |
| 2022-06-24 | 312.46 |
| 2022-06-23 | 308.51 |
| 2022-06-22 | 300.16 |
| 2022-06-21 | 299.02 |
| 2022-06-17 | 299.08 |
| 2022-06-16 | 304.73 |
| 2022-06-15 | 318.01 |
| 2022-06-14 | 315.38 |
| 2022-06-13 | 319.50 |
| 2022-06-10 | 327.05 |
| 2022-06-09 | 341.79 |
| 2022-06-08 | 352.62 |
| 2022-06-07 | 358.34 |
| 2022-06-06 | 355.29 |
| 2022-06-03 | 353.87 |
| 2022-06-02 | 361.34 |
| 2022-06-01 | 344.20 |
| 2022-05-31 | 350.39 |
| 2022-05-27 | 361.40 |
| 2022-05-26 | 342.86 |
| 2022-05-25 | 335.10 |
| 2022-05-24 | 335.50 |
| 2022-05-23 | 339.86 |
| 2022-05-20 | 337.44 |
| 2022-05-19 | 332.30 |
| 2022-05-18 | 325.43 |
| 2022-05-17 | 336.84 |
| 2022-05-16 | 336.06 |
| 2022-05-13 | 341.94 |
| 2022-05-12 | 330.50 |
| 2022-05-11 | 321.32 |
| 2022-05-10 | 332.28 |
| 2022-05-09 | 325.86 |
| 2022-05-06 | 358.50 |
| 2022-05-05 | 177.64 |
| 2022-05-04 | 186.88 |
| 2022-05-03 | 180.75 |
| 2022-05-02 | 175.15 |
| 2022-04-29 | 173.05 |
| 2022-04-28 | 175.22 |
| 2022-04-27 | 170.42 |
| 2022-04-26 | 169.97 |
| 2022-04-25 | 176.45 |
| 2022-04-22 | 174.02 |
| 2022-04-21 | 179.65 |
| 2022-04-20 | 184.56 |
| 2022-04-19 | 180.30 |
| 2022-04-18 | 176.72 |
| 2022-04-14 | 178.58 |
| 2022-04-13 | 181.87 |
| 2022-04-12 | 177.96 |
| 2022-04-11 | 182.60 |
| 2022-04-08 | 187.18 |
| 2022-04-07 | 185.41 |
| 2022-04-06 | 179.87 |
| 2022-04-05 | 182.74 |
| 2022-04-04 | 183.88 |
| 2022-04-01 | 185.80 |
| 2022-03-31 | 186.01 |
| 2022-03-30 | 190.42 |
| 2022-03-29 | 192.80 |
| 2022-03-28 | 189.06 |
| 2022-03-25 | 188.07 |
| 2022-03-24 | 186.87 |
| 2022-03-23 | 184.13 |
| 2022-03-22 | 189.59 |
| 2022-03-21 | 188.91 |
| 2022-03-18 | 190.35 |
| 2022-03-17 | 188.17 |
| 2022-03-16 | 184.07 |
| 2022-03-15 | 178.73 |
| 2022-03-14 | 174.65 |
| 2022-03-11 | 177.62 |
| 2022-03-10 | 181.29 |
| 2022-03-09 | 188.06 |
| 2022-03-08 | 178.41 |
| 2022-03-07 | 181.44 |
| 2022-03-04 | 188.12 |
| 2022-03-03 | 190.28 |
| 2022-03-02 | 187.92 |
| 2022-03-01 | 188.74 |
| 2022-02-28 | 190.83 |
| 2022-02-25 | 196.08 |
| 2022-02-24 | 191.32 |
Showing the most recent 260 of 4,155 data points. The chart above shows the full history.
