PB Ratio: 5.60

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 5.60 is 94% below its estimated 5-year average of 93.55, near the low end of its estimated 5-year range (5.16–278.88).

As of 2026-09-16T00:15:56.644Z. 23.57% below its estimated 12-month average of 7.33.

NVO PB Ratio Metrics

P/B vs. estimated history

At 5.60, P/B is below its estimated 20-year median — higher than 8% 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 Novo Nordisk A/S (NVO)?

The P/B ratio for NVO stock is 5.60.

Is Novo Nordisk A/S's P/B ratio high or low?

The P/B ratio of 5.60 is 94% below its estimated 5-year average of 93.55, near the low end of its estimated 5-year range (5.16–278.88).

What is the estimated TTM average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated TTM average P/B ratio for NVO stock is 7.33.

What is the estimated 3Y average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated 3Y average P/B ratio for NVO stock is 17.84.

What is the estimated 5Y average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated 5Y average P/B ratio for NVO stock is 93.55.

What is the estimated 10Y average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated 10Y average P/B ratio for NVO stock is 71.56.

What is the estimated 15Y average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated 15Y average P/B ratio for NVO stock is 40.93.

What is the estimated 20Y average P/B ratio for Novo Nordisk A/S (NVO)?

The estimated 20Y average P/B ratio for NVO stock is 14.14.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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