· Updated March 2026 Price-to-Book Ratio Rankings by Sector 2026
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Price-to-Book Ratio Rankings by Sector 2026

Sector Medians Comparison

Comparing median Price-to-Book ratios across all GICS sectors. A lower P/B generally indicates a sector may be undervalued relative to its assets.

Technology
6.35
Industrials
5.99
Consumer Cyclical
5.96
Consumer Defensive
3.50
Healthcare
3.14
Basic Materials
2.92
Energy
2.40
Real Estate
2.37
Utilities
2.35
Communication Services
2.30
Financial Services
1.99

S&P 500 Companies by P/B Ratio

Showing 467 companies with available data. P/B ratios below 1.0 are highlighted as historical signals of deep value.

TickerCompanySectorPrice ($)Book Value/Share ($)P/B RatioROE (%)
AREAlexandria Real Estate EquitiesReal Estate49.8890.710.55-5.86%
KHCThe Kraft Heinz CompanyConsumer Defensive24.5535.190.70-12.84%
MOSMosaic Company (The)Basic Materials26.9238.070.714.82%
GPNGlobal Payments Inc.Industrials73.9696.700.764.82%
TAPMolson Coors Beverage CompanyConsumer Defensive46.0053.620.86-18.17%
EGEverest Group, Ltd.Financial Services328.25379.880.8610.85%
CCitigroup, Inc.Financial Services103.75110.010.946.83%
TFCTruist Financial CorporationFinancial Services45.7347.740.968.24%
CFGCitizens Financial Group, Inc.Financial Services56.6656.391.007.24%
AIGAmerican International Group, IFinancial Services77.0876.441.017.40%
PRUPrudential Financial, Inc.Financial Services94.6693.231.0211.36%
COFCapital One Financial CorporatiFinancial Services181.57173.111.052.39%
IVZInvesco LtdFinancial Services23.2821.891.06-1.22%
CNCCentene CorporationHealthcare43.2840.581.07-28.68%
BENFranklin Resources, Inc.Financial Services25.0523.341.074.46%
PSKYParamount Skydance CorporationCommunication Services11.2110.401.08-0.86%
GMGeneral Motors CompanyConsumer Cyclical73.4067.611.094.32%
LENLennar CorporationConsumer Cyclical97.1988.911.098.41%
VTRSViatris Inc.Healthcare13.9912.781.10-21.08%
CAGConAgra Brands, Inc.Consumer Defensive18.8216.911.11-1.16%
VICIVICI Properties Inc.Real Estate29.2826.011.1310.22%
HPEHewlett Packard Enterprise CompTechnology21.2318.731.130.23%
HBANHuntington Bancshares IncorporaFinancial Services15.8513.791.1510.10%
CMCSAComcast CorporationCommunication Services30.9326.891.1521.41%
SWSmurfit WestRock plcConsumer Cyclical40.9335.191.163.91%
KEYKeyCorpFinancial Services19.2316.221.199.48%
MTBM&T Bank CorporationFinancial Services205.75173.501.199.80%
TSNTyson Foods, Inc.Consumer Defensive60.9851.191.191.26%
LLoews CorporationFinancial Services108.0890.711.199.43%
HUMHumana Inc.Healthcare176.34146.421.207.04%
BACBank of America CorporationFinancial Services47.3038.441.2310.22%
SWKStanley Black & Decker, Inc.Industrials72.5558.401.244.52%
PCGPacific Gas & Electric Co.Utilities18.1114.091.298.21%
RFRegions Financial CorporationFinancial Services26.3420.391.2911.65%
DDDuPont de Nemours, Inc.Basic Materials44.3434.021.300.52%
IFFInternational Flavors & FragranBasic Materials72.5855.351.31-2.56%
CVSCVS Health CorporationHealthcare77.6959.181.312.29%
FFord Motor CompanyConsumer Cyclical12.069.011.34-20.19%
IPInternational Paper CompanyConsumer Cyclical37.6528.081.34-24.68%
USBU.S. BancorpFinancial Services51.0637.541.3612.18%
STTState Street CorporationFinancial Services118.7087.011.3611.08%
EXEExpand Energy CorporationEnergy107.5577.651.3810.07%
ELVElevance Health, Inc.Healthcare278.97198.811.4013.25%
FANGDiamondback Energy, Inc.Energy183.04129.911.413.74%
RVTYRevvity, Inc.Healthcare91.2964.571.413.22%
SWKSSkyworks Solutions, Inc.Technology54.4438.421.426.49%
ADMArcher-Daniels-Midland CompanyConsumer Defensive67.1347.361.424.72%
BGBunge LimitedConsumer Defensive117.1882.231.435.96%
ZBHZimmer Biomet Holdings, Inc.Healthcare92.6464.951.435.60%
PNCPNC Financial Services Group, IFinancial Services200.44140.431.4312.16%
WFCWells Fargo & CompanyFinancial Services77.5953.191.4611.73%
ACGLArch Capital Group Ltd.Financial Services95.8765.371.4719.54%
BAXBaxter International Inc.Healthcare17.4911.921.47-13.71%
SYFSynchrony FinancialFinancial Services66.0344.741.4821.30%
KDPKeurig Dr Pepper Inc.Consumer Defensive27.9118.781.498.36%
KIMKimco Realty Corporation (HC)Real Estate22.9315.421.495.54%
BIIBBiogen Inc.Healthcare186.27124.361.507.39%
FITBFifth Third BancorpFinancial Services45.8930.181.5212.19%
ORealty Income CorporationReal Estate64.4242.231.532.70%
NWSANews CorporationCommunication Services24.4015.771.556.33%
UHSUniversal Health Services, Inc.Healthcare187.08119.151.5721.33%
EIXEdison InternationalUtilities69.7544.391.5724.10%
BXPBXP, Inc.Real Estate51.1432.461.584.92%
CINFCincinnati Financial CorporatioFinancial Services161.87102.391.5816.04%
DOWDow Inc.Basic Materials35.4422.321.59-13.82%
DOCHealthpeak Properties, Inc.Real Estate17.1610.791.591.16%
METMetLife, Inc.Financial Services69.5643.331.6112.02%
CTRACoterra Energy Inc.Energy31.4919.521.6112.28%
PFGPrincipal Financial Group IncFinancial Services89.1454.671.6310.52%
EQTEQT CorporationEnergy62.4438.061.649.01%
DISWalt Disney Company (The)Communication Services100.2261.081.6412.02%
HRLHormel Foods CorporationConsumer Defensive23.8614.431.656.12%
INVHInvitation Homes Inc.Real Estate25.8215.601.656.09%
APTVAptiv PLCConsumer Cyclical71.8443.281.661.95%
AMCRAmcor plcConsumer Cyclical41.9125.181.667.73%
EDConsolidated Edison, Inc.Utilities112.5166.991.688.77%
CIThe Cigna GroupHealthcare267.30158.321.6915.13%
ESEversource Energy (D/B/A)Utilities73.6343.151.7110.78%
CBChubb LimitedFinancial Services323.46188.591.7214.34%
COOThe Cooper Companies, Inc.Healthcare74.4442.871.744.87%
PNWPinnacle West Capital CorporatiUtilities101.2658.281.749.06%
NWSNews CorporationCommunication Services27.4015.771.746.33%
DHID.R. Horton, Inc.Consumer Cyclical143.6282.601.7413.48%
EXCExelon CorporationUtilities49.1128.161.749.94%
PFEPfizer, Inc.Healthcare26.6515.211.758.89%
XYZBlock, Inc.Technology65.1336.881.776.01%
TAT&T Inc.Communication Services27.8315.711.7718.80%
CHTRCharter Communications, Inc.Communication Services226.41126.781.7928.67%
TROWT. Rowe Price Group, Inc.Financial Services88.7849.691.7918.79%
DVNDevon Energy CorporationEnergy45.2224.961.8117.74%
NUENucor CorporationBasic Materials166.8591.701.829.36%
DALDelta Air Lines, Inc.Industrials58.8232.101.8327.69%
PHMPulteGroup, Inc.Consumer Cyclical123.6767.381.8417.67%
MOHMolina Healthcare IncHealthcare146.7479.781.8411.02%
WYWeyerhaeuser CompanyReal Estate24.0913.081.843.38%
BDXBecton, Dickinson and CompanyHealthcare163.9788.791.856.96%
GLGlobe Life Inc.Financial Services140.0375.541.8520.59%
AIZAssurant, Inc.Financial Services218.66117.921.8515.90%
EVRGEvergy, Inc.Utilities82.5344.391.868.57%
FISFidelity National Information STechnology50.8827.041.882.60%
ALLAllstate Corporation (The)Financial Services207.65110.031.8939.52%
BROBrown & Brown, Inc.Financial Services71.1737.341.9111.23%
UALUnited Airlines Holdings, Inc.Industrials90.2247.241.9123.99%
SREDBA SempraUtilities92.6348.401.915.19%
CPBThe Campbell's CompanyConsumer Defensive25.4613.281.9214.82%
WBDWarner Bros. Discovery, Inc. - Communication Services27.8214.481.922.08%
APAAPA CorporationEnergy33.1817.261.9225.32%
AFLAFLAC IncorporatedFinancial Services109.5156.851.9313.12%
PPLPPL CorporationUtilities38.2319.811.938.16%
INTCIntel CorporationTechnology44.4022.881.940.02%
ROPRoper Technologies, Inc.Technology361.94186.511.947.93%
DDominion Energy, Inc.Utilities62.7431.961.969.74%
OXYOccidental Petroleum CorporatioEnergy55.2828.141.965.93%
HSTHost Hotels & Resorts, Inc.Real Estate18.759.541.9711.49%
BKThe Bank of New York Mellon CorFinancial Services114.0257.361.9912.90%
TRVThe Travelers Companies, Inc.Financial Services301.51151.241.9920.70%
DUKDuke Energy Corporation (HoldinUtilities131.2965.382.019.72%
CVXChevron CorporationEnergy190.3894.162.027.23%
HIGThe Hartford Insurance Group, IFinancial Services137.0667.332.0421.66%
VZVerizon Communications Inc.Communication Services50.8924.772.0517.07%
CTSHCognizant Technology Solutions Technology64.6731.352.0615.16%
TXTTextron Inc.Industrials93.6445.182.0712.24%
PYPLPayPal Holdings, Inc.Financial Services45.9522.022.0925.73%
FOXFox CorporationCommunication Services53.7925.702.0916.82%
NTRSNorthern Trust CorporationFinancial Services136.4264.792.1113.49%
AVBAvalonBay Communities, Inc.Real Estate175.1682.992.118.89%
EQREquity ResidentialReal Estate61.6729.182.1110.02%
REGRegency Centers CorporationReal Estate77.6636.632.127.68%
ATOAtmos Energy CorporationUtilities184.7486.342.149.24%
EPAMEPAM Systems, Inc.Technology145.2467.752.1410.33%
CTVACorteva, Inc.Basic Materials77.4935.922.164.97%
XELXcel Energy Inc.Utilities82.0837.862.179.36%
FSLRFirst Solar, Inc.Technology192.7288.882.1717.45%
OMCOmnicom Group Inc.Communication Services83.8038.472.180.48%
LYBLyondellBasell Industries NVBasic Materials68.9431.302.20-6.95%
SJMThe J.M. Smucker CompanyConsumer Defensive109.9749.072.24-20.68%
COPConocoPhillipsEnergy118.1452.632.2412.36%
JPMJP Morgan Chase & Co.Financial Services285.37126.992.2516.13%
PSXPhillips 66Energy164.2172.532.2615.43%
EXRExtra Space Storage IncReal Estate144.4063.622.277.01%
GSGoldman Sachs Group, Inc. (The)Financial Services814.08356.472.2813.86%
AEPAmerican Electric Power CompanyUtilities131.4857.572.2812.49%
AEEAmeren CorporationUtilities110.8948.482.2911.34%
FOXAFox CorporationCommunication Services59.1025.702.3016.82%
PLDPrologis, Inc.Real Estate132.2757.182.316.13%
SOLVSolventum CorporationHealthcare67.7729.102.3338.86%
BLDRBuilders FirstSource, Inc.Industrials92.0839.362.3410.06%
FEFirstEnergy Corp.Utilities50.7721.652.359.20%
RJFRaymond James Financial, Inc.Financial Services149.0063.402.3517.12%
NINiSource IncUtilities46.7519.752.379.07%
MDTMedtronic plc.Healthcare90.6438.172.379.39%
KMIKinder Morgan, Inc.Energy33.4114.012.399.83%
EOGEOG Resources, Inc.Energy133.5055.492.4116.83%
CSGPCoStar Group, Inc.Real Estate48.3319.942.420.09%
AJGArthur J. Gallagher & Co.Financial Services220.0290.742.426.91%
OKEONEOK, Inc.Energy86.7535.712.4315.49%
PEGPublic Service Enterprise GroupUtilities83.0034.102.4312.76%
XOMExxon Mobil CorporationEnergy151.5162.072.4411.08%
MSMorgan StanleyFinancial Services157.8164.372.4515.61%
MRNAModerna, Inc.Healthcare54.0921.952.46-28.87%
AESThe AES CorporationUtilities14.185.712.481.95%
AWKAmerican Water Works Company, IUtilities138.3755.522.4910.50%
LNTAlliant Energy CorporationUtilities71.3528.522.5011.30%
DTEDTE Energy CompanyUtilities148.4559.222.5112.18%
GISGeneral Mills, Inc.Consumer Defensive43.7817.462.5127.17%
REGNRegeneron Pharmaceuticals, Inc.Healthcare773.46304.652.5414.86%
CNPCenterPoint Energy, Inc (HoldinUtilities43.4517.082.549.64%
CPTCamden Property TrustReal Estate104.4941.022.558.60%
LHLabcorp Holdings Inc.Healthcare268.96104.862.5610.51%
XYLXylem Inc.Industrials122.0047.132.598.40%
BLKBlackRock, Inc.Financial Services949.42360.412.6310.72%
WRBW.R. Berkley CorporationFinancial Services67.7925.722.6419.70%
CMSCMS Energy CorporationUtilities77.0329.112.6510.86%
DHRDanaher CorporationHealthcare196.6774.322.657.05%
SLBSLB LimitedEnergy46.2317.462.6513.90%
ALBAlbemarle CorporationBasic Materials164.2862.002.65-4.66%
LUVSouthwest Airlines CompanyIndustrials41.0615.482.654.81%
SMCISuper Micro Computer, Inc.Technology31.3611.672.6913.19%
CCLCarnival CorporationConsumer Cyclical25.169.362.6925.63%
MAAMid-America Apartment CommunitiReal Estate131.0348.452.707.65%
CRLCharles River Laboratories InteHealthcare174.2164.302.71-4.23%
FTVFortive CorporationTechnology56.0420.592.726.40%
UNHUnitedHealth Group IncorporatedHealthcare283.04103.872.7212.54%
SNPSSynopsys, Inc.Technology435.85159.572.735.54%
HALHalliburton CompanyEnergy34.3412.532.7412.27%
VLOValero Energy CorporationEnergy217.6979.362.748.30%
DLRDigital Realty Trust, Inc.Real Estate177.5864.602.755.47%
HSICHenry Schein, Inc.Healthcare77.4028.032.768.70%
WECWEC Energy Group, Inc.Utilities115.5841.832.7611.58%
ETREntergy CorporationUtilities104.0037.412.7810.77%
KKRKKR & Co. Inc.Financial Services89.5231.812.818.56%
TRMBTrimble Inc.Technology69.6724.732.827.32%
APOApollo Global Management, Inc. Financial Services106.8837.902.8214.70%
TDYTeledyne Technologies IncorporaTechnology643.61227.652.838.93%
STLDSteel Dynamics, Inc.Basic Materials177.5661.802.8713.28%
CRHCRH PLCBasic Materials103.7535.902.8915.68%
MDLZMondelez International, Inc.Consumer Defensive58.3820.162.909.33%
ZBRAZebra Technologies CorporationTechnology211.1972.352.9211.68%
ESSEssex Property Trust, Inc.Real Estate252.2285.992.9312.23%
PPGPPG Industries, Inc.Basic Materials104.8935.542.9521.08%
FRTFederal Realty Investment TrustReal Estate105.7735.812.9512.23%
FDXFedEx CorporationIndustrials354.28119.752.9615.89%
ONON Semiconductor CorporationTechnology57.4319.342.971.50%
AKAMAkamai Technologies, Inc.Technology102.4734.402.989.17%
ALGNAlign Technology, Inc.Healthcare169.1356.742.9810.39%
BALLBall CorporationConsumer Cyclical61.5920.433.0216.12%
SOSouthern Company (The)Utilities97.0632.183.0211.04%
MKCMcCormick & Company, IncorporatConsumer Defensive64.4921.373.0214.24%
DGXQuest Diagnostics IncorporatedHealthcare199.0965.183.0514.75%
STESTERIS plc (Ireland)Healthcare223.7472.933.0710.47%
CRMSalesforce, Inc.Technology198.6663.663.1212.40%
BKRBaker Hughes CompanyEnergy59.6319.093.1214.55%
HOLXHologic, Inc.Healthcare75.6023.513.2210.86%
SNASnap-On IncorporatedIndustrials368.39114.363.2218.33%
KVUEKenvue Inc.Consumer Defensive18.185.623.2414.39%
VTRVentas, Inc.Real Estate85.4026.383.242.17%
PCARPACCAR Inc.Industrials118.8436.663.2412.92%
ICEIntercontinental Exchange Inc.Financial Services165.8451.003.2511.88%
GEHCGE HealthCare Technologies Inc.Healthcare74.5722.773.2722.38%
QQnity Electronics, Inc.Technology111.2233.863.287.98%
IRIngersoll Rand Inc.Industrials85.0825.803.305.77%
HIIHuntington Ingalls Industries, Industrials427.50129.283.3112.42%
STZConstellation Brands, Inc.Consumer Defensive147.1944.473.3114.45%
TGTTarget CorporationConsumer Defensive118.2235.703.3124.03%
WELLWelltower Inc.Real Estate207.5360.493.432.54%
GPCGenuine Parts CompanyConsumer Cyclical111.2832.143.461.50%
NEENextEra Energy, Inc.Utilities91.3626.223.488.37%
CARRCarrier Global CorporationIndustrials57.7616.513.5010.93%
WTWWillis Towers Watson Public LimFinancial Services294.2983.893.5120.08%
TMOThermo Fisher Scientific IncHealthcare501.24141.963.5313.02%
LHXL3Harris Technologies, Inc.Industrials371.56105.093.548.19%
COINCoinbase Global, Inc. - 3Financial Services197.2355.233.5710.05%
IEXIDEX CorporationIndustrials193.2953.993.5812.34%
MLMMartin Marietta Materials, Inc.Basic Materials601.95166.343.6210.16%
NEMNewmont CorporationBasic Materials113.6431.113.6522.34%
CPRTCopart, Inc.Industrials37.3310.163.6717.13%
LWLamb Weston Holdings, Inc.Consumer Defensive46.5812.633.6923.16%
MPCMarathon Petroleum CorporationEnergy216.4158.693.6924.19%
INCYIncyte CorporationHealthcare96.1026.043.6929.87%
MGMMGM Resorts InternationalConsumer Cyclical34.769.413.7014.89%
ABTAbbott LaboratoriesHealthcare111.4830.023.7112.96%
CFCF Industries Holdings, Inc.Basic Materials117.1531.513.7223.40%
WABWestinghouse Air Brake TechnoloIndustrials243.3565.313.7311.10%
UDRUDR, Inc.Real Estate36.989.893.749.38%
DOVDover CorporationIndustrials206.7254.923.7615.29%
GDGeneral Dynamics CorporationIndustrials360.5494.903.8017.66%
EMREmerson Electric CompanyIndustrials137.8136.083.829.65%
FDSFactSet Research Systems Inc.Financial Services222.7958.213.8328.83%
PNRPentair plc.Industrials90.8423.703.8317.48%
SCHWCharles Schwab Corporation (TheFinancial Services93.5424.263.8618.10%
DGDollar General CorporationConsumer Defensive145.2137.193.9016.45%
APDAir Products and Chemicals, IncBasic Materials274.6469.223.97-1.67%
PGRProgressive Corporation (The)Financial Services205.9351.743.9840.45%
CMECME Group Inc.Financial Services319.9380.034.0014.75%
NDAQNasdaq, Inc.Financial Services87.7521.454.0915.25%
TMUST-Mobile US, Inc.Communication Services219.3553.484.1018.18%
NCLHNorwegian Cruise Line Holdings Consumer Cyclical19.964.854.1123.29%
VMCVulcan Materials Company (HoldiBasic Materials270.4665.284.1412.97%
ACNAccenture plcTechnology208.9350.164.1725.02%
TECHBio-Techne CorpHealthcare53.7612.904.173.97%
TKOTKO Group Holdings, Inc.Communication Services201.9148.064.205.63%
PKGPackaging Corporation of AmericConsumer Cyclical218.0551.894.2017.20%
PAYCPaycom Software, Inc.Technology136.4232.364.2227.42%
SPGIS&P Global Inc.Financial Services444.38104.174.2713.09%
TYLTyler Technologies, Inc.Technology367.9585.874.288.90%
NSCNorfolk Southern CorporationIndustrials298.7969.284.3119.25%
RTXRTX CorporationIndustrials209.8848.614.3210.95%
CBRECBRE Group IncReal Estate133.4030.494.3713.57%
BSXBoston Scientific CorporationHealthcare71.9116.344.4012.45%
LULUlululemon athletica inc.Consumer Cyclical168.4038.184.4141.02%
FCXFreeport-McMoRan, Inc.Basic Materials58.2013.164.4213.95%
GNRCGenerac Holdlings Inc.Industrials202.2044.864.516.28%
JJacobs Solutions Inc.Industrials132.3529.294.529.73%
ADIAnalog Devices, Inc.Technology315.1169.214.557.86%
FFIVF5, Inc.Technology283.3262.204.5620.84%
LDOSLeidos Holdings, Inc.Technology178.0338.904.5831.03%
BBYBest Buy Co., Inc.Consumer Cyclical64.7214.124.5837.04%
TELTE Connectivity plcTechnology203.8644.224.6116.10%
IQVIQVIA Holdings, Inc.Healthcare179.1138.344.6721.44%
EWEdwards Lifesciences CorporatioHealthcare83.4717.804.6910.35%
AAgilent Technologies, Inc.Healthcare114.8024.444.7019.95%
AMEAMETEK, Inc.Industrials221.9046.414.7814.59%
NDSNNordson CorporationIndustrials268.0255.794.8017.47%
NVRNVR, Inc.Consumer Cyclical6762.311380.614.9033.19%
WDAYWorkday, Inc.Technology148.5030.124.938.23%
PTCPTC Inc.Technology162.9532.325.0423.14%
NXPINXP Semiconductors N.V.Technology201.1239.775.0620.70%
AMDAdvanced Micro Devices, Inc.Technology197.2538.655.107.08%
UPSUnited Parcel Service, Inc.Industrials98.1419.115.1333.77%
GRMNGarmin Ltd.Technology239.4746.585.1419.78%
AOSA.O. Smith CorporationIndustrials69.6113.415.1929.20%
MCHPMicrochip Technology IncorporatTechnology63.5112.125.24-1.09%
EFXEquifax, Inc.Industrials202.3938.245.2913.76%
IBKRInteractive Brokers Group, Inc.Financial Services65.2412.045.4223.51%
TTDThe Trade Desk, Inc.Communication Services28.485.225.4616.32%
MRKMerck & Company, Inc.Healthcare116.1921.265.4736.88%
AMZNAmazon.com, Inc.Consumer Cyclical209.9638.315.4822.29%
WSTWest Pharmaceutical Services, IHealthcare244.5144.115.5416.86%
DECKDeckers Outdoor CorporationConsumer Cyclical102.1818.335.5739.69%
JKHYJack Henry & Associates, Inc.Technology170.4430.535.5824.28%
JBHTJ.B. Hunt Transport Services, IIndustrials211.7737.695.6215.79%
UBERUber Technologies, Inc.Technology73.7313.085.6439.93%
CSXCSX CorporationIndustrials40.057.075.6622.51%
URIUnited Rentals, Inc.Industrials810.27142.135.7028.36%
CPAYCorpay, Inc.Technology325.0256.815.7229.07%
ERIEErie Indemnity CompanyFinancial Services251.0043.675.7526.19%
MRSHMarshFinancial Services180.4131.145.7929.35%
RMDResMed Inc.Healthcare252.3543.395.8225.68%
AVGOBroadcom Inc.Technology346.2059.225.8533.37%
LINLinde plcBasic Materials482.6082.485.8517.82%
GENGen Digital Inc.Technology22.543.855.8626.90%
NKENike, Inc.Consumer Cyclical56.149.525.9017.95%
CDWCDW CorporationTechnology119.7320.145.9443.02%
RSGRepublic Services, Inc.Industrials231.1338.865.9518.30%
CHDChurch & Dwight Company, Inc.Consumer Defensive101.4316.926.0017.62%
CMICummins Inc.Industrials538.8289.426.0323.93%
AVYAvery Dennison CorporationConsumer Cyclical175.8929.166.0330.21%
KRKroger Company (The)Consumer Defensive74.6912.346.0514.41%
DEDeere & CompanyIndustrials593.8397.376.1019.57%
JCIJohnson Controls International Industrials132.0421.576.1212.64%
AXPAmerican Express CompanyFinancial Services299.3148.806.1333.99%
SYKStryker CorporationHealthcare362.5158.616.1815.08%
ALLEAllegion plcIndustrials148.7424.026.1936.08%
VRTXVertex Pharmaceuticals IncorporHealthcare455.3573.496.2022.54%
CSCOCisco Systems, Inc.Technology76.3412.096.3223.75%
AMPAmeriprise Financial, Inc.Financial Services453.5471.766.3260.51%
POOLPool CorporationIndustrials207.0132.406.3933.06%
QCOMQUALCOMM IncorporatedTechnology137.2821.486.3921.48%
NOCNorthrop Grumman CorporationIndustrials755.69117.426.4426.17%
EQIXEquinix, Inc.Real Estate936.37144.126.509.72%
DLTRDollar Tree, Inc.Consumer Defensive113.5517.266.5820.07%
HUBBHubbell IncIndustrials477.2572.266.6124.54%
BMYBristol-Myers Squibb CompanyHealthcare60.199.076.6340.44%
CEGConstellation Energy CorporatioUtilities318.4846.486.8516.36%
ETNEaton Corporation, PLCIndustrials345.7450.086.9021.53%
PGProcter & Gamble Company (The)Consumer Defensive155.3322.496.9131.56%
INTUIntuit Inc.Technology474.9568.676.9223.46%
WMBWilliams Companies, Inc. (The)Energy73.3910.457.0218.55%
WATWaters CorporationHealthcare302.1143.017.0229.28%
RLRalph Lauren CorporationConsumer Cyclical340.1047.667.1433.85%
JNJJohnson & JohnsonHealthcare242.8533.877.1735.03%
MUMicron Technology, Inc.Technology379.5052.237.2722.55%
IBMInternational Business MachinesTechnology254.4134.847.3035.16%
METAMeta Platforms, Inc.Communication Services636.1185.877.4130.24%
VLTOVeralto CorpIndustrials93.1112.507.4536.50%
RCLRoyal Caribbean Cruises Ltd.Consumer Cyclical276.7437.127.4647.73%
DASHDoorDash, Inc.Consumer Cyclical174.4123.107.5510.44%
KEYSKeysight Technologies Inc.Technology277.3436.187.6717.22%
HOODRobinhood Markets, Inc.Financial Services77.8810.147.6821.99%
BRBroadridge Financial Solutions,Technology189.7624.677.6941.79%
AONAon plcFinancial Services335.5343.607.7046.94%
MSFTMicrosoft CorporationTechnology407.5752.627.7534.39%
GILDGilead Sciences, Inc.Healthcare145.0918.297.9340.66%
ELEstee Lauder Companies, Inc. (TConsumer Defensive89.6311.158.04-4.34%
PHParker-Hannifin CorporationIndustrials913.83113.398.0625.78%
UNPUnion Pacific CorporationIndustrials251.0931.138.0740.38%
EAElectronic Arts Inc.Communication Services198.6924.598.0810.03%
EXPDExpeditors International of WasIndustrials144.2017.598.2035.43%
SNDKSandisk CorporationTechnology569.0869.018.25-9.37%
ARESAres Management CorporationFinancial Services107.9612.698.5113.52%
EMEEMCOR Group, Inc.Industrials707.0282.528.5738.49%
GOOGAlphabet Inc.Communication Services301.3334.358.7735.71%
GOOGLAlphabet Inc.Communication Services301.6234.358.7835.71%
MNSTMonster Beverage CorporationConsumer Defensive74.318.448.8126.82%
EBAYeBay Inc.Consumer Cyclical92.2510.288.9840.85%
PAYXPaychex, Inc.Technology98.3210.819.1040.88%
GLWCorning IncorporatedTechnology125.5013.789.1114.90%
ODFLOld Dominion Freight Line, Inc.Industrials190.2520.679.2023.93%
PWRQuanta Services, Inc.Industrials563.4659.769.4312.74%
DXCMDexCom, Inc.Healthcare67.807.149.5034.50%
ABNBAirbnb, Inc.Consumer Cyclical131.5513.629.6630.23%
ISRGIntuitive Surgical, Inc.Healthcare487.2150.199.7116.69%
HSYThe Hershey CompanyConsumer Defensive222.1722.869.7218.89%
WMTWalmart Inc.Consumer Defensive123.4512.509.8821.85%
BXBlackstone Inc.Financial Services109.7511.069.9229.23%
NOWServiceNow, Inc.Technology123.6112.389.9915.49%
WMWaste Management, Inc.Industrials247.9124.7910.0029.70%
ADBEAdobe Inc.Technology281.8828.1410.0255.43%
TSCOTractor Supply CompanyConsumer Cyclical50.314.9010.2745.18%
KOCoca-Cola Company (The)Consumer Defensive77.457.4810.3643.32%
WSMWilliams-Sonoma, Inc.Consumer Cyclical181.9517.1810.5956.92%
ULTAUlta Beauty, Inc.Consumer Cyclical629.0859.1710.6347.97%
HONHoneywell International Inc.Industrials234.8921.8910.7326.14%
TXNTexas Instruments IncorporatedTechnology193.0117.9410.7630.15%
PEPPepsico, Inc.Consumer Defensive160.6814.9310.7642.85%
ROSTRoss Stores, Inc.Consumer Cyclical209.1519.3510.8136.68%
PSAPublic StorageReal Estate302.5327.9110.8418.76%
TTTrane Technologies plcIndustrials420.4038.7410.8536.96%
DRIDarden Restaurants, Inc.Consumer Cyclical197.3518.0410.9454.10%
PODDInsulet CorporationHealthcare236.2021.5310.9718.12%
ROKRockwell Automation, Inc.Industrials368.3633.3411.0523.74%
TTWOTake-Two Interactive Software, Communication Services212.7518.8911.27-86.22%
CHRWC.H. Robinson Worldwide, Inc.Industrials178.8415.5811.4832.91%
ECLEcolab Inc.Basic Materials278.6523.4611.8822.52%
SPGSimon Property Group, Inc.Real Estate188.9315.8911.89104.11%
AMATApplied Materials, Inc.Technology329.1827.3612.0338.86%
DDOGDatadog, Inc.Technology128.5710.5912.143.34%
APHAmphenol CorporationTechnology134.4910.9412.3036.85%
WDCWestern Digital CorporationTechnology257.9820.9112.3341.13%
PANWPalo Alto Networks, Inc.Technology166.5613.3612.4716.26%
CVNACarvana Co.Consumer Cyclical312.1224.1912.9067.95%
FASTFastenal CompanyIndustrials46.463.4413.5333.29%
ANETArista Networks, Inc.Technology135.259.8513.7431.40%
COSTCostco Wholesale CorporationConsumer Defensive1003.9872.3213.8829.65%
AXONAxon Enterprise, Inc.Industrials561.8840.4313.904.48%
GWWW.W. Grainger, Inc.Industrials1098.7778.7913.9546.10%
ADPAutomatic Data Processing, Inc.Technology223.4615.8614.0973.84%
MPWRMonolithic Power Systems, Inc.Technology1029.4072.5014.2019.17%
ORCLOracle CorporationTechnology150.1510.4314.4069.03%
CDNSCadence Design Systems, Inc.Technology294.9920.1414.6521.86%
CATCaterpillar, Inc.Industrials691.7845.8215.1043.53%
LIILennox International, Inc.Industrials507.2333.4315.1775.83%
ZTSZoetis Inc.Healthcare119.687.8415.2765.99%
NFLXNetflix, Inc.Communication Services97.656.3015.4942.76%
VVisa Inc.Financial Services314.2920.0315.6953.95%
CIENCiena CorporationTechnology311.6019.7415.788.20%
CMGChipotle Mexican Grill, Inc.Consumer Cyclical34.612.1715.9547.36%
TERTeradyne, Inc.Technology287.8917.9116.0719.73%
TRGPTarga Resources, Inc.Energy236.1414.2916.5251.38%
MMM3M CompanyIndustrials149.338.8716.8475.50%
NTAPNetApp, Inc.Technology98.605.8516.86112.59%
SHWSherwin-Williams Company (The)Basic Materials324.4018.6717.3759.39%
TJXTJX Companies, Inc. (The)Consumer Cyclical157.709.0617.4159.13%
SYYSysco CorporationConsumer Defensive83.844.7717.5982.34%
GEGE AerospaceIndustrials317.0117.8117.8044.69%
TSLATesla, Inc.Consumer Cyclical390.2421.9017.824.93%
CTASCintas CorporationIndustrials200.7711.1418.0243.40%
ADSKAutodesk, Inc.Technology260.3114.3618.1239.67%
HWMHowmet Aerospace Inc.Industrials250.7213.3318.8130.44%
JBLJabil Inc.Technology240.0412.5819.0847.82%
FIXComfort Systems USA, Inc.Industrials1331.5969.7319.1049.24%
GEVGE Vernova Inc.Industrials822.2441.4719.8342.64%
MCOMoody's CorporationFinancial Services458.8222.8320.0962.08%
ROLRollins, Inc.Consumer Cyclical57.652.8620.1838.94%
VSTVistra Corp.Utilities160.627.7520.7217.66%
LVSLas Vegas Sands Corp.Consumer Cyclical53.122.3622.5573.26%
EXPEExpedia Group, Inc.Consumer Cyclical237.4910.4822.6648.67%
KMBKimberly-Clark CorporationConsumer Defensive103.054.5322.77126.60%
LMTLockheed Martin CorporationIndustrials673.9929.3522.9676.87%
AMGNAmgen Inc.Healthcare374.0616.0723.28106.10%
AMTAmerican Tower Corporation (REIReal Estate186.367.8323.7926.28%
ITWIllinois Tool Works Inc.Industrials272.8511.1824.4293.72%
HASHasbro, Inc.Consumer Cyclical93.723.8424.43-36.35%
CRWDCrowdStrike Holdings, Inc.Technology437.8017.4825.05-4.14%
LRCXLam Research CorporationTechnology205.138.1125.3065.56%
TPLTexas Pacific Land CorporationEnergy539.2921.1625.4837.15%
HDHome Depot, Inc. (The)Consumer Cyclical347.9412.9026.97145.54%
NVDANVIDIA CorporationTechnology180.196.4727.84101.48%
NRGNRG Energy, Inc.Utilities152.175.4228.1041.55%
IDXXIDEXX Laboratories, Inc.Healthcare601.8920.1429.8966.20%
MSIMotorola Solutions, Inc.Technology458.1914.5431.50104.20%
BABoeing Company (The)Industrials225.006.9432.41290.08%
KLACKLA CorporationTechnology1393.9241.6833.44100.73%
LLYEli Lilly and CompanyHealthcare1001.3829.6633.77101.16%
CORCencora, Inc.Healthcare358.909.8136.59133.47%
ITGartner, Inc.Technology166.754.5136.9386.86%
AAPLApple Inc.Technology257.916.0043.00152.02%
PLTRPalantir Technologies Inc.Technology154.783.0950.1125.98%
FTNTFortinet, Inc.Technology83.911.6750.37135.72%
TPRTapestry, Inc.Consumer Cyclical142.072.7252.2555.34%
GDDYGoDaddy Inc.Technology92.821.6058.16192.90%
MAMastercard IncorporatedFinancial Services515.218.6559.53209.91%
APPApplovin CorporationCommunication Services508.946.3180.66212.94%
VRSKVerisk Analytics, Inc.Industrials212.482.2395.15437.95%
LYVLive Nation Entertainment, Inc.Communication Services165.261.16142.7136.70%
STXSeagate Technology Holdings PLCTechnology361.982.10172.04-
CLColgate-Palmolive CompanyConsumer Defensive93.080.071389.18497.47%

Frequently Asked Questions

What is the Price-to-Book (P/B) ratio?

The Price-to-Book ratio compares a company's current market price to its book value per share. Book value is essentially the net asset value of a company (total assets minus total liabilities). It represents what would theoretically be left if the company liquidated all assets and paid off all debts.

Why is a P/B ratio below 1 significant?

A P/B ratio below 1 indicates that the stock is trading for less than the value of its assets. Historically, this is considered a signal of "deep value," suggesting the market may be undervaluing the company, or that there are fundamental issues with the business's ability to generate returns on its assets.

Why do some sectors have naturally higher P/B ratios?

Technology and healthcare companies often have high P/B ratios because their primary assets are intangible (intellectual property, patents, brand value, software), which aren't fully reflected on the balance sheet. In contrast, financial and industrial companies have significant tangible assets, leading to naturally lower P/B ratios.

Is a low P/B ratio always a good buy signal?

No. A low P/B can sometimes represent a "value trap." If a company has poor management, declining revenues, or assets that are incorrectly valued on the balance sheet (like obsolete inventory or bad loans), the low P/B is justified by poor fundamentals.

How does Return on Equity (ROE) relate to P/B?

ROE and P/B are closely related. A high ROE generally justifies a high P/B ratio because the company is efficiently generating profits from its equity. If a company has a low P/B but a high ROE, it might be an attractive value investment.

Methodology & Disclaimer

Methodology: Data for this study was collected in early 2026 using financial data APIs including Yahoo Finance. The universe consists of currently active S&P 500 constituents. Companies missing valid Book Value or Market Price data were excluded from the analysis. Sector classifications follow standard GICS definitions provided by the data source. Sector medians are calculated using the available constituent data, minimizing the impact of extreme outliers.


Disclaimer: The data and analysis provided in this report are for informational and educational purposes only. Westmount Fundamentals does not provide investment advice. Data may be delayed or contain errors. Always conduct your own due diligence before making investment decisions.

Cite This Page

Westmount Fundamentals. "Price-to-Book Ratio Rankings by Sector 2026." westmountfundamentals.com/price-to-book, 2026.

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