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NOCNorthrop Grumman Corporation

Is the P/B ratio high or low?

The P/B ratio of 4.13 is 19% below its 5-year average of 5.07, near the low end of its 5-year range (4.13–6.58).

22.80% below its 12-month average of 5.35.

PB Ratio

NOC PB Ratio Chart

4.13
-14.49% 1Y
NOC PB Ratio

NOC Average PB Ratio Chart

NOC PB Ratio

NOC Current vs Average PB Ratio Chart

NOC PB Ratio Metrics

PB RATIO

4.13

PB RATIO AVG TTM

5.35

PB RATIO AVG 3Y

4.91

PB RATIO AVG 5Y

5.07

PB RATIO AVG 10Y

5.86

PB RATIO AVG 15Y

5.15

PB RATIO AVG 20Y

4.01

CURRENT VS TTM AVG

-22.80%

CURRENT VS 3Y AVG

-15.83%

CURRENT VS 5Y AVG

-18.53%

CURRENT VS 10Y AVG

-29.48%

CURRENT VS 15Y AVG

-19.75%

CURRENT VS 20Y AVG

+3.06%

NOC Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Northrop Grumman Corporation (NOC)$70.45B4.135.354.915.07
United Rentals, Inc. (URI)vs ›$70.33B7.966.345.614.98
Norfolk Southern Corporation (NSC)vs ›$71.12B4.514.334.144.25
Comfort Systems USA, Inc. (FIX)vs ›$68.60B24.4017.4011.058.33
Canadian National Railway Company (CNI)vs ›$72.94B4.774.074.664.88
Cintas Corporation (CTAS)vs ›$67.66B14.3716.8317.1215.39
TransDigm Group Incorporated (TDG)vs ›$74.02BN/A10.327.986.45
Republic Services, Inc. (RSG)vs ›$66.05B5.545.735.655.21
Illinois Tool Works Inc. (ITW)vs ›$76.95B23.9523.5623.8922.58
W.W. Grainger, Inc. (GWW)vs ›$63.89B16.3213.9714.2513.74

P/B vs. its own history

At 4.13, P/B is in its normal range, sitting higher than 43% of its 20-year history.

20-year low

0.60

median

4.60

20-year high

9.06

cheaperricher

Book Value Analysis

P/B Ratio

4.13

Market Price / Book Value per Share

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 Northrop Grumman Corporation (NOC)?
The P/B ratio for NOC stock is 4.13.
Is Northrop Grumman Corporation's P/B ratio high or low?
The P/B ratio of 4.13 is 19% below its 5-year average of 5.07, near the low end of its 5-year range (4.13–6.58).
What is the TTM average P/B ratio for Northrop Grumman Corporation (NOC)?
The TTM average P/B ratio for NOC stock is 5.35.
What is the 3Y average P/B ratio for Northrop Grumman Corporation (NOC)?
The 3Y average P/B ratio for NOC stock is 4.91.
What is the 5Y average P/B ratio for Northrop Grumman Corporation (NOC)?
The 5Y average P/B ratio for NOC stock is 5.07.
What is the 10Y average P/B ratio for Northrop Grumman Corporation (NOC)?
The 10Y average P/B ratio for NOC stock is 5.86.
What is the 15Y average P/B ratio for Northrop Grumman Corporation (NOC)?
The 15Y average P/B ratio for NOC stock is 5.15.
What is the 20Y average P/B ratio for Northrop Grumman Corporation (NOC)?
The 20Y average P/B ratio for NOC stock is 4.01.

NOC PB Ratio History

DATEPB RATIO
2026-06-294.13
2026-06-264.16
2026-06-254.16
2026-06-244.19
2026-06-234.27
2026-06-224.22
2026-06-184.34
2026-06-174.58
2026-06-164.59
2026-06-154.54
2026-06-124.58
2026-06-114.60
2026-06-104.51
2026-06-094.57
2026-06-084.50
2026-06-054.53
2026-06-044.54
2026-06-034.38
2026-06-024.47
2026-06-014.49
2026-05-294.69
2026-05-284.66
2026-05-274.59
2026-05-264.64
2026-05-224.63
2026-05-214.59
2026-05-204.60
2026-05-194.63
2026-05-184.58
2026-05-154.50
2026-05-144.57
2026-05-134.59
2026-05-124.65
2026-05-114.56
2026-05-084.58
2026-05-074.60
2026-05-064.65
2026-05-054.65
2026-05-044.72
2026-05-014.73
2026-04-304.82
2026-04-294.77
2026-04-284.81
2026-04-274.79
2026-04-244.79
2026-04-234.89
2026-04-224.91
2026-04-215.09
2026-04-205.63
2026-04-175.70
2026-04-165.77
2026-04-155.82
2026-04-145.83
2026-04-135.84
2026-04-105.77
2026-04-095.92
2026-04-085.89
2026-04-075.92
2026-04-065.96
2026-04-026.02
2026-04-015.97
2026-03-315.85
2026-03-305.76
2026-03-275.82
2026-03-265.93
2026-03-255.92
2026-03-245.85
2026-03-235.83
2026-03-206.06
2026-03-196.12
2026-03-186.21
2026-03-176.21
2026-03-166.31
2026-03-136.29
2026-03-126.31
2026-03-116.28
2026-03-106.30
2026-03-096.40
2026-03-066.48
2026-03-056.34
2026-03-046.46
2026-03-036.51
2026-03-026.58
2026-02-276.21
2026-02-266.09
2026-02-256.03
2026-02-246.24
2026-02-236.22
2026-02-206.20
2026-02-196.32
2026-02-186.21
2026-02-176.01
2026-02-136.02
2026-02-125.96
2026-02-115.82
2026-02-105.87
2026-02-095.98
2026-02-066.08
2026-02-055.97
2026-02-045.91
2026-02-036.04
2026-02-025.87
2026-01-305.93
2026-01-295.96
2026-01-285.91
2026-01-275.82
2026-01-265.93
2026-01-236.04
2026-01-226.02
2026-01-215.96
2026-01-205.90
2026-01-165.99
2026-01-155.88
2026-01-145.86
2026-01-135.61
2026-01-125.65
2026-01-095.55
2026-01-085.30
2026-01-075.18
2026-01-065.48
2026-01-055.49
2026-01-025.26
2025-12-315.12
2025-12-305.16
2025-12-295.19
2025-12-265.18
2025-12-245.23
2025-12-235.21
2025-12-225.25
2025-12-195.10
2025-12-185.02
2025-12-175.06
2025-12-165.10
2025-12-155.17
2025-12-125.11
2025-12-115.03
2025-12-104.98
2025-12-094.94
2025-12-084.97
2025-12-054.93
2025-12-044.96
2025-12-034.97
2025-12-024.91
2025-12-014.90
2025-11-285.14
2025-11-265.09
2025-11-255.11
2025-11-245.08
2025-11-215.09
2025-11-205.09
2025-11-195.07
2025-11-185.09
2025-11-175.05
2025-11-145.01
2025-11-135.01
2025-11-125.01
2025-11-115.09
2025-11-105.05
2025-11-075.10
2025-11-065.13
2025-11-055.12
2025-11-045.18
2025-11-035.16
2025-10-315.24
2025-10-305.19
2025-10-295.25
2025-10-285.34
2025-10-275.35
2025-10-245.44
2025-10-235.44
2025-10-225.35
2025-10-215.38
2025-10-205.60
2025-10-175.53
2025-10-165.58
2025-10-155.67
2025-10-145.84
2025-10-135.76
2025-10-105.80
2025-10-095.91
2025-10-085.94
2025-10-075.79
2025-10-065.76
2025-10-035.67
2025-10-025.63
2025-10-015.64
2025-09-305.67
2025-09-295.53
2025-09-265.53
2025-09-255.45
2025-09-245.46
2025-09-235.37
2025-09-225.36
2025-09-195.33
2025-09-185.34
2025-09-175.37
2025-09-165.39
2025-09-155.35
2025-09-125.36
2025-09-115.43
2025-09-105.40
2025-09-095.32
2025-09-085.42
2025-09-055.41
2025-09-045.40
2025-09-035.41
2025-09-025.49
2025-08-295.49
2025-08-285.47
2025-08-275.46
2025-08-265.52
2025-08-255.46
2025-08-225.51
2025-08-215.56
2025-08-205.52
2025-08-195.46
2025-08-185.44
2025-08-155.44
2025-08-145.43
2025-08-135.42
2025-08-125.41
2025-08-115.40
2025-08-085.41
2025-08-075.47
2025-08-065.48
2025-08-055.49
2025-08-045.49
2025-08-015.46
2025-07-315.37
2025-07-305.33
2025-07-295.34
2025-07-285.29
2025-07-255.30
2025-07-245.29
2025-07-235.29
2025-07-225.25
2025-07-214.98
2025-07-185.02
2025-07-175.07
2025-07-165.03
2025-07-155.00
2025-07-145.04
2025-07-114.98
2025-07-104.97
2025-07-094.91
2025-07-084.88
2025-07-074.91
2025-07-034.88
2025-07-024.82
2025-07-014.87
2025-06-304.83
2025-06-274.78
2025-06-264.77
2025-06-254.71
2025-06-244.68
2025-06-234.83
2025-06-204.81
2025-06-184.78
2025-06-174.87
2025-06-164.81

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

About Northrop Grumman Corporation

Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.

Falls Church, VA
97,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Kathy J. Warden