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 3.98 is 29% above its 5-year average of 3.09, near the high end of its 5-year range (2.05–4.53).
As of Tuesday, September 8, 2026. 4.47% above its 12-month average of 3.81.
PB RATIO
3.98
PB RATIO AVG TTM
3.81
PB RATIO AVG 3Y
3.52
PB RATIO AVG 5Y
3.09
PB RATIO AVG 10Y
2.47
PB RATIO AVG 15Y
2.81
PB RATIO AVG 20Y
2.86
CURRENT VS TTM AVG
+4.47%
CURRENT VS 3Y AVG
+13.03%
CURRENT VS 5Y AVG
+28.66%
CURRENT VS 10Y AVG
+60.90%
CURRENT VS 15Y AVG
+41.45%
CURRENT VS 20Y AVG
+39.27%
SECTOR MEDIAN · FINANCIAL SERVICES
2.13
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+86.85%
vs the sector median at left
Willis Towers Watson Public Limited Company
Market Cap
$29.69B
PB Ratio
3.98
TTM Avg
3.81
3Y Avg
3.52
5Y Avg
3.09
Market Cap
$25.92B
PB Ratio
1.58
TTM Avg
1.67
3Y Avg
1.62
5Y Avg
1.62
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Willis Towers Watson Public Limited Company (WTW) | $29.69B | 3.98 | 3.81 | 3.52 | 3.09 |
| Citizens Financial Group, Inc. (CFG)vs › | $29.46B | 1.14 | 1.03 | 0.82 | 0.80 |
| Cboe Global Markets, Inc. (CBOE)vs › | $30.75B | 5.47 | 5.66 | 5.28 | 4.72 |
| iShares Silver Trust (SLV)vs › | $32.93B | 1.20 | 0.94 | 500.58 | 723.15 |
| Arch Capital Group Ltd. (ACGL)vs › | $33.46B | 1.39 | 1.47 | 1.71 | 1.67 |
| Cincinnati Financial Corporation (CINF)vs › | $25.92B | 1.58 | 1.67 | 1.62 | 1.62 |
| Raymond James Financial, Inc. (RJF)vs › | $33.53B | 2.74 | 2.61 | 2.53 | 2.49 |
| W. R. Berkley Corporation (WRB)vs › | $25.81B | 2.68 | 2.88 | 2.93 | 2.81 |
| Regions Financial Corporation (RF)vs › | $25.60B | 1.37 | 1.30 | 1.18 | 1.18 |
| Huntington Bancshares Incorporated (HBAN)vs › | $33.81B | 1.01 | 1.08 | 1.07 | 1.07 |
At 3.98, P/B is above its 20-year median — higher than 86% of readings in its 20-year history.
20-year low
1.38
median
2.61
20-year high
6.22
P/B Ratio
3.98
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 |
|---|---|
| 2026-09-08 | 3.98 |
| 2026-09-04 | 4.09 |
| 2026-09-03 | 4.18 |
| 2026-09-02 | 4.13 |
| 2026-09-01 | 4.09 |
| 2026-08-31 | 4.14 |
| 2026-08-28 | 4.20 |
| 2026-08-27 | 4.15 |
| 2026-08-26 | 4.20 |
| 2026-08-25 | 4.24 |
| 2026-08-24 | 4.29 |
| 2026-08-21 | 4.18 |
| 2026-08-20 | 4.17 |
| 2026-08-19 | 4.10 |
| 2026-08-18 | 4.01 |
| 2026-08-17 | 3.99 |
| 2026-08-14 | 4.05 |
| 2026-08-13 | 4.08 |
| 2026-08-12 | 4.16 |
| 2026-08-11 | 4.19 |
| 2026-08-10 | 4.19 |
| 2026-08-07 | 4.22 |
| 2026-08-06 | 4.16 |
| 2026-08-05 | 4.13 |
| 2026-08-04 | 4.15 |
| 2026-08-03 | 4.18 |
| 2026-07-31 | 4.11 |
| 2026-07-30 | 4.11 |
| 2026-07-29 | 3.79 |
| 2026-07-28 | 3.80 |
| 2026-07-27 | 3.63 |
| 2026-07-24 | 3.54 |
| 2026-07-23 | 3.46 |
| 2026-07-22 | 3.44 |
| 2026-07-21 | 3.47 |
| 2026-07-20 | 3.52 |
| 2026-07-17 | 3.52 |
| 2026-07-16 | 3.54 |
| 2026-07-15 | 3.42 |
| 2026-07-14 | 3.47 |
| 2026-07-13 | 3.55 |
| 2026-07-10 | 3.48 |
| 2026-07-09 | 3.47 |
| 2026-07-08 | 3.51 |
| 2026-07-07 | 3.53 |
| 2026-07-06 | 3.45 |
| 2026-07-02 | 3.44 |
| 2026-07-01 | 3.30 |
| 2026-06-30 | 3.14 |
| 2026-06-29 | 3.18 |
| 2026-06-26 | 3.19 |
| 2026-06-25 | 3.09 |
| 2026-06-24 | 3.14 |
| 2026-06-23 | 3.09 |
| 2026-06-22 | 3.04 |
| 2026-06-18 | 3.07 |
| 2026-06-17 | 3.12 |
| 2026-06-16 | 3.12 |
| 2026-06-15 | 3.10 |
| 2026-06-12 | 3.15 |
| 2026-06-11 | 3.13 |
| 2026-06-10 | 3.17 |
| 2026-06-09 | 3.14 |
| 2026-06-08 | 3.10 |
| 2026-06-05 | 3.17 |
| 2026-06-04 | 3.11 |
| 2026-06-03 | 3.01 |
| 2026-06-02 | 3.08 |
| 2026-06-01 | 3.09 |
| 2026-05-29 | 3.00 |
| 2026-05-28 | 3.03 |
| 2026-05-27 | 3.05 |
| 2026-05-26 | 3.08 |
| 2026-05-22 | 3.09 |
| 2026-05-21 | 3.10 |
| 2026-05-20 | 3.05 |
| 2026-05-19 | 3.05 |
| 2026-05-18 | 3.08 |
| 2026-05-15 | 2.98 |
| 2026-05-14 | 2.97 |
| 2026-05-13 | 2.91 |
| 2026-05-12 | 3.02 |
| 2026-05-11 | 3.00 |
| 2026-05-08 | 3.08 |
| 2026-05-07 | 3.10 |
| 2026-05-06 | 3.03 |
| 2026-05-05 | 3.12 |
| 2026-05-04 | 3.12 |
| 2026-05-01 | 3.08 |
| 2026-04-30 | 3.08 |
| 2026-04-29 | 3.53 |
| 2026-04-28 | 3.54 |
| 2026-04-27 | 3.52 |
| 2026-04-24 | 3.50 |
| 2026-04-23 | 3.54 |
| 2026-04-22 | 3.54 |
| 2026-04-21 | 3.62 |
| 2026-04-20 | 3.61 |
| 2026-04-17 | 3.62 |
| 2026-04-16 | 3.60 |
| 2026-04-15 | 3.55 |
| 2026-04-14 | 3.51 |
| 2026-04-13 | 3.50 |
| 2026-04-10 | 3.41 |
| 2026-04-09 | 3.50 |
| 2026-04-08 | 3.54 |
| 2026-04-07 | 3.47 |
| 2026-04-06 | 3.54 |
| 2026-04-02 | 3.51 |
| 2026-04-01 | 3.50 |
| 2026-03-31 | 3.54 |
| 2026-03-30 | 3.52 |
| 2026-03-27 | 3.43 |
| 2026-03-26 | 3.49 |
| 2026-03-25 | 3.52 |
| 2026-03-24 | 3.57 |
| 2026-03-23 | 3.57 |
| 2026-03-20 | 3.54 |
| 2026-03-19 | 3.49 |
| 2026-03-18 | 3.50 |
| 2026-03-17 | 3.53 |
| 2026-03-16 | 3.54 |
| 2026-03-13 | 3.52 |
| 2026-03-12 | 3.49 |
| 2026-03-11 | 3.53 |
| 2026-03-10 | 3.52 |
| 2026-03-09 | 3.58 |
| 2026-03-06 | 3.68 |
| 2026-03-05 | 3.65 |
| 2026-03-04 | 3.70 |
| 2026-03-03 | 3.69 |
| 2026-03-02 | 3.70 |
| 2026-02-27 | 3.71 |
| 2026-02-26 | 3.75 |
| 2026-02-25 | 3.61 |
| 2026-02-24 | 3.77 |
| 2026-02-23 | 3.77 |
| 2026-02-20 | 3.90 |
| 2026-02-19 | 3.89 |
| 2026-02-18 | 3.90 |
| 2026-02-17 | 3.82 |
| 2026-02-13 | 3.72 |
| 2026-02-12 | 3.66 |
| 2026-02-11 | 3.62 |
| 2026-02-10 | 3.75 |
| 2026-02-09 | 3.75 |
| 2026-02-06 | 4.27 |
| 2026-02-05 | 4.23 |
| 2026-02-04 | 4.39 |
| 2026-02-03 | 4.33 |
| 2026-02-02 | 4.09 |
| 2026-01-30 | 4.10 |
| 2026-01-29 | 4.09 |
| 2026-01-28 | 4.06 |
| 2026-01-27 | 4.06 |
| 2026-01-26 | 4.16 |
| 2026-01-23 | 4.17 |
| 2026-01-22 | 4.17 |
| 2026-01-21 | 4.12 |
| 2026-01-20 | 4.16 |
| 2026-01-16 | 4.26 |
| 2026-01-15 | 4.25 |
| 2026-01-14 | 4.24 |
| 2026-01-13 | 4.23 |
| 2026-01-12 | 4.26 |
| 2026-01-09 | 4.27 |
| 2026-01-08 | 4.31 |
| 2026-01-07 | 4.28 |
| 2026-01-06 | 4.35 |
| 2026-01-05 | 4.33 |
| 2026-01-02 | 4.22 |
| 2025-12-31 | 4.25 |
| 2025-12-30 | 4.31 |
| 2025-12-29 | 4.32 |
| 2025-12-26 | 4.33 |
| 2025-12-24 | 4.32 |
| 2025-12-23 | 4.30 |
| 2025-12-22 | 4.30 |
| 2025-12-19 | 4.30 |
| 2025-12-18 | 4.26 |
| 2025-12-17 | 4.26 |
| 2025-12-16 | 4.26 |
| 2025-12-15 | 4.28 |
| 2025-12-12 | 4.23 |
| 2025-12-11 | 4.21 |
| 2025-12-10 | 4.07 |
| 2025-12-09 | 4.17 |
| 2025-12-08 | 4.14 |
| 2025-12-05 | 4.15 |
| 2025-12-04 | 4.14 |
| 2025-12-03 | 4.09 |
| 2025-12-02 | 4.08 |
| 2025-12-01 | 4.15 |
| 2025-11-28 | 4.15 |
| 2025-11-26 | 4.15 |
| 2025-11-25 | 4.15 |
| 2025-11-24 | 4.10 |
| 2025-11-21 | 4.07 |
| 2025-11-20 | 4.07 |
| 2025-11-19 | 4.10 |
| 2025-11-18 | 4.13 |
| 2025-11-17 | 4.12 |
| 2025-11-14 | 4.16 |
| 2025-11-13 | 4.19 |
| 2025-11-12 | 4.14 |
| 2025-11-11 | 4.16 |
| 2025-11-10 | 4.16 |
| 2025-11-07 | 4.22 |
| 2025-11-06 | 4.17 |
| 2025-11-05 | 4.18 |
| 2025-11-04 | 4.17 |
| 2025-11-03 | 4.06 |
| 2025-10-31 | 4.05 |
| 2025-10-30 | 4.10 |
| 2025-10-29 | 3.92 |
| 2025-10-28 | 3.96 |
| 2025-10-27 | 4.04 |
| 2025-10-24 | 4.05 |
| 2025-10-23 | 4.09 |
| 2025-10-22 | 4.12 |
| 2025-10-21 | 4.08 |
| 2025-10-20 | 4.07 |
| 2025-10-17 | 4.08 |
| 2025-10-16 | 4.05 |
| 2025-10-15 | 4.19 |
| 2025-10-14 | 4.24 |
| 2025-10-13 | 4.16 |
| 2025-10-10 | 4.16 |
| 2025-10-09 | 4.17 |
| 2025-10-08 | 4.24 |
| 2025-10-07 | 4.32 |
| 2025-10-06 | 4.31 |
| 2025-10-03 | 4.29 |
| 2025-10-02 | 4.27 |
| 2025-10-01 | 4.25 |
| 2025-09-30 | 4.26 |
| 2025-09-29 | 4.22 |
| 2025-09-26 | 4.22 |
| 2025-09-25 | 4.17 |
| 2025-09-24 | 4.24 |
| 2025-09-23 | 4.21 |
| 2025-09-22 | 4.18 |
| 2025-09-19 | 4.16 |
| 2025-09-18 | 4.10 |
| 2025-09-17 | 4.10 |
| 2025-09-16 | 4.08 |
| 2025-09-15 | 4.12 |
| 2025-09-12 | 4.18 |
| 2025-09-11 | 4.20 |
| 2025-09-10 | 4.08 |
| 2025-09-09 | 4.07 |
| 2025-09-08 | 4.10 |
| 2025-09-05 | 4.07 |
| 2025-09-04 | 4.07 |
| 2025-09-03 | 4.04 |
| 2025-09-02 | 4.02 |
| 2025-08-29 | 4.03 |
| 2025-08-28 | 4.04 |
| 2025-08-27 | 4.07 |
| 2025-08-26 | 4.12 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
