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 12.45 is 36% above its 5-year average of 9.16, near the high end of its 5-year range (4.78–14.28).
6.45% above its 12-month average of 11.70.
PB RATIO
12.45
PB RATIO AVG TTM
11.70
PB RATIO AVG 3Y
10.92
PB RATIO AVG 5Y
9.16
PB RATIO AVG 10Y
6.31
PB RATIO AVG 15Y
4.82
PB RATIO AVG 20Y
3.72
CURRENT VS TTM AVG
+6.45%
CURRENT VS 3Y AVG
+14.04%
CURRENT VS 5Y AVG
+35.98%
CURRENT VS 10Y AVG
+97.37%
CURRENT VS 15Y AVG
+158.29%
CURRENT VS 20Y AVG
+234.64%
SECTOR MEDIAN · INDUSTRIALS
5.90
median of 127 covered companies
CURRENT VS SECTOR MEDIAN
+111.02%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trane Technologies plc (TT) | $106.12B | 12.45 | 11.70 | 10.92 | 9.16 |
| General Dynamics Corporation (GD)vs › | $106.07B | 4.00 | 3.77 | 3.59 | 3.58 |
| Vertiv Holdings Co (VRT)vs › | $104.87B | 22.49 | 23.26 | 19.48 | 14.08 |
| Quanta Services, Inc. (PWR)vs › | $101.01B | 10.63 | 9.34 | 7.14 | 5.88 |
| Howmet Aerospace Inc. (HWM)vs › | $112.78B | 20.57 | 17.41 | 11.85 | 8.89 |
| 3M Company (MMM)vs › | $94.32B | 32.69 | 21.18 | 16.33 | 11.66 |
| CSX Corporation (CSX)vs › | $93.12B | 6.64 | 5.73 | 5.39 | 5.39 |
| Waste Management, Inc. (WM)vs › | $91.01B | 9.25 | 9.32 | 10.40 | 9.99 |
| Cummins Inc. (CMI)vs › | $88.90B | 6.95 | 6.26 | 4.85 | 4.42 |
| United Parcel Service, Inc. (UPS)vs › | $88.76B | 5.90 | 5.36 | 6.12 | 8.13 |
At 12.45, P/B is richer than usual, sitting higher than 98% of its 20-year history.
20-year low
0.28
median
2.33
20-year high
14.28
P/B Ratio
12.45
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 |
|---|---|
| 2026-08-07 | 12.45 |
| 2026-08-06 | 12.35 |
| 2026-08-05 | 12.48 |
| 2026-08-04 | 12.19 |
| 2026-08-03 | 11.90 |
| 2026-07-31 | 11.74 |
| 2026-07-30 | 11.36 |
| 2026-07-29 | 11.57 |
| 2026-07-28 | 12.18 |
| 2026-07-27 | 12.52 |
| 2026-07-24 | 12.46 |
| 2026-07-23 | 12.43 |
| 2026-07-22 | 12.27 |
| 2026-07-21 | 12.17 |
| 2026-07-20 | 12.13 |
| 2026-07-17 | 12.17 |
| 2026-07-16 | 12.30 |
| 2026-07-15 | 12.44 |
| 2026-07-14 | 12.53 |
| 2026-07-13 | 12.43 |
| 2026-07-10 | 12.43 |
| 2026-07-09 | 12.23 |
| 2026-07-08 | 12.23 |
| 2026-07-07 | 12.32 |
| 2026-07-06 | 12.62 |
| 2026-07-02 | 12.39 |
| 2026-07-01 | 12.55 |
| 2026-06-30 | 12.72 |
| 2026-06-29 | 12.44 |
| 2026-06-26 | 12.38 |
| 2026-06-25 | 13.04 |
| 2026-06-24 | 12.52 |
| 2026-06-23 | 12.29 |
| 2026-06-22 | 12.73 |
| 2026-06-18 | 12.52 |
| 2026-06-17 | 12.24 |
| 2026-06-16 | 12.31 |
| 2026-06-15 | 12.24 |
| 2026-06-12 | 11.87 |
| 2026-06-11 | 11.92 |
| 2026-06-10 | 11.63 |
| 2026-06-09 | 12.19 |
| 2026-06-08 | 11.89 |
| 2026-06-05 | 11.83 |
| 2026-06-04 | 12.01 |
| 2026-06-03 | 12.07 |
| 2026-06-02 | 11.89 |
| 2026-06-01 | 11.62 |
| 2026-05-29 | 11.69 |
| 2026-05-28 | 11.72 |
| 2026-05-27 | 11.86 |
| 2026-05-26 | 11.95 |
| 2026-05-22 | 11.68 |
| 2026-05-21 | 11.60 |
| 2026-05-20 | 11.70 |
| 2026-05-19 | 11.61 |
| 2026-05-18 | 11.93 |
| 2026-05-15 | 12.09 |
| 2026-05-14 | 12.48 |
| 2026-05-13 | 12.20 |
| 2026-05-12 | 12.11 |
| 2026-05-11 | 12.34 |
| 2026-05-08 | 12.08 |
| 2026-05-07 | 12.17 |
| 2026-05-06 | 12.65 |
| 2026-05-05 | 12.37 |
| 2026-05-04 | 12.60 |
| 2026-05-01 | 12.60 |
| 2026-04-30 | 12.76 |
| 2026-04-29 | 12.46 |
| 2026-04-28 | 12.50 |
| 2026-04-27 | 12.63 |
| 2026-04-24 | 12.65 |
| 2026-04-23 | 12.62 |
| 2026-04-22 | 12.41 |
| 2026-04-21 | 12.46 |
| 2026-04-20 | 12.41 |
| 2026-04-17 | 12.38 |
| 2026-04-16 | 11.97 |
| 2026-04-15 | 12.03 |
| 2026-04-14 | 12.23 |
| 2026-04-13 | 12.30 |
| 2026-04-10 | 12.11 |
| 2026-04-09 | 11.96 |
| 2026-04-08 | 11.68 |
| 2026-04-07 | 11.23 |
| 2026-04-06 | 11.20 |
| 2026-04-02 | 11.10 |
| 2026-04-01 | 11.13 |
| 2026-03-31 | 10.83 |
| 2026-03-30 | 10.50 |
| 2026-03-27 | 10.66 |
| 2026-03-26 | 10.58 |
| 2026-03-25 | 11.28 |
| 2026-03-24 | 11.18 |
| 2026-03-23 | 11.05 |
| 2026-03-20 | 10.67 |
| 2026-03-19 | 11.00 |
| 2026-03-18 | 11.09 |
| 2026-03-17 | 11.06 |
| 2026-03-16 | 10.96 |
| 2026-03-13 | 10.98 |
| 2026-03-12 | 10.97 |
| 2026-03-11 | 11.24 |
| 2026-03-10 | 11.27 |
| 2026-03-09 | 11.11 |
| 2026-03-06 | 11.00 |
| 2026-03-05 | 11.34 |
| 2026-03-04 | 11.57 |
| 2026-03-03 | 11.59 |
| 2026-03-02 | 12.12 |
| 2026-02-27 | 12.02 |
| 2026-02-26 | 11.88 |
| 2026-02-25 | 11.96 |
| 2026-02-24 | 12.06 |
| 2026-02-23 | 11.96 |
| 2026-02-20 | 12.14 |
| 2026-02-19 | 12.05 |
| 2026-02-18 | 11.94 |
| 2026-02-17 | 12.23 |
| 2026-02-13 | 12.10 |
| 2026-02-12 | 11.97 |
| 2026-02-11 | 12.28 |
| 2026-02-10 | 11.99 |
| 2026-02-09 | 11.95 |
| 2026-02-06 | 11.82 |
| 2026-02-05 | 11.34 |
| 2026-02-04 | 11.86 |
| 2026-02-03 | 11.71 |
| 2026-02-02 | 11.43 |
| 2026-01-30 | 11.31 |
| 2026-01-29 | 11.46 |
| 2026-01-28 | 10.60 |
| 2026-01-27 | 10.55 |
| 2026-01-26 | 10.60 |
| 2026-01-23 | 10.38 |
| 2026-01-22 | 10.49 |
| 2026-01-21 | 10.63 |
| 2026-01-20 | 10.41 |
| 2026-01-16 | 10.47 |
| 2026-01-15 | 10.41 |
| 2026-01-14 | 10.37 |
| 2026-01-13 | 10.51 |
| 2026-01-12 | 10.36 |
| 2026-01-09 | 10.26 |
| 2026-01-08 | 10.17 |
| 2026-01-07 | 10.12 |
| 2026-01-06 | 10.25 |
| 2026-01-05 | 10.51 |
| 2026-01-02 | 10.70 |
| 2025-12-31 | 10.46 |
| 2025-12-30 | 10.53 |
| 2025-12-29 | 10.60 |
| 2025-12-26 | 10.56 |
| 2025-12-24 | 10.57 |
| 2025-12-23 | 10.59 |
| 2025-12-22 | 10.48 |
| 2025-12-19 | 10.48 |
| 2025-12-18 | 10.36 |
| 2025-12-17 | 10.28 |
| 2025-12-16 | 10.65 |
| 2025-12-15 | 10.62 |
| 2025-12-12 | 10.52 |
| 2025-12-11 | 10.85 |
| 2025-12-10 | 10.73 |
| 2025-12-09 | 10.73 |
| 2025-12-08 | 10.68 |
| 2025-12-05 | 10.79 |
| 2025-12-04 | 10.90 |
| 2025-12-03 | 11.00 |
| 2025-12-02 | 11.06 |
| 2025-12-01 | 11.03 |
| 2025-11-28 | 11.33 |
| 2025-11-26 | 11.28 |
| 2025-11-25 | 11.26 |
| 2025-11-24 | 11.02 |
| 2025-11-21 | 11.03 |
| 2025-11-20 | 10.76 |
| 2025-11-19 | 10.94 |
| 2025-11-18 | 10.94 |
| 2025-11-17 | 11.12 |
| 2025-11-14 | 11.24 |
| 2025-11-13 | 11.15 |
| 2025-11-12 | 11.34 |
| 2025-11-11 | 11.34 |
| 2025-11-10 | 11.66 |
| 2025-11-07 | 11.68 |
| 2025-11-06 | 11.71 |
| 2025-11-05 | 11.73 |
| 2025-11-04 | 11.64 |
| 2025-11-03 | 12.00 |
| 2025-10-31 | 12.06 |
| 2025-10-30 | 12.00 |
| 2025-10-29 | 12.28 |
| 2025-10-28 | 12.25 |
| 2025-10-27 | 12.31 |
| 2025-10-24 | 12.24 |
| 2025-10-23 | 11.95 |
| 2025-10-22 | 11.74 |
| 2025-10-21 | 12.19 |
| 2025-10-20 | 12.02 |
| 2025-10-17 | 11.95 |
| 2025-10-16 | 11.95 |
| 2025-10-15 | 12.14 |
| 2025-10-14 | 12.18 |
| 2025-10-13 | 12.03 |
| 2025-10-10 | 11.90 |
| 2025-10-09 | 12.03 |
| 2025-10-08 | 12.25 |
| 2025-10-07 | 12.16 |
| 2025-10-06 | 12.20 |
| 2025-10-03 | 12.19 |
| 2025-10-02 | 12.17 |
| 2025-10-01 | 12.22 |
| 2025-09-30 | 12.12 |
| 2025-09-29 | 11.91 |
| 2025-09-26 | 11.93 |
| 2025-09-25 | 11.68 |
| 2025-09-24 | 11.61 |
| 2025-09-23 | 11.64 |
| 2025-09-22 | 11.71 |
| 2025-09-19 | 11.68 |
| 2025-09-18 | 11.56 |
| 2025-09-17 | 11.46 |
| 2025-09-16 | 11.49 |
| 2025-09-15 | 11.56 |
| 2025-09-12 | 11.52 |
| 2025-09-11 | 11.92 |
| 2025-09-10 | 11.99 |
| 2025-09-09 | 11.76 |
| 2025-09-08 | 11.92 |
| 2025-09-05 | 11.89 |
| 2025-09-04 | 11.87 |
| 2025-09-03 | 11.73 |
| 2025-09-02 | 11.81 |
| 2025-08-29 | 11.94 |
| 2025-08-28 | 12.20 |
| 2025-08-27 | 12.19 |
| 2025-08-26 | 12.25 |
| 2025-08-25 | 12.06 |
| 2025-08-22 | 12.19 |
| 2025-08-21 | 12.13 |
| 2025-08-20 | 12.25 |
| 2025-08-19 | 12.32 |
| 2025-08-18 | 12.32 |
| 2025-08-15 | 12.17 |
| 2025-08-14 | 12.31 |
| 2025-08-13 | 12.50 |
| 2025-08-12 | 12.61 |
| 2025-08-11 | 12.30 |
| 2025-08-08 | 12.36 |
| 2025-08-07 | 12.30 |
| 2025-08-06 | 12.27 |
| 2025-08-05 | 12.32 |
| 2025-08-04 | 12.47 |
| 2025-08-01 | 12.62 |
| 2025-07-31 | 12.59 |
| 2025-07-30 | 12.40 |
| 2025-07-29 | 14.23 |
| 2025-07-28 | 14.28 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.