{
    "metric": "pb-ratio",
    "label": "P/B ratio",
    "as_of": "2026-09-18",
    "source": "Fair Value Calculator",
    "license": "CC BY 4.0",
    "url": "https://www.fairvalue-calculator.com/valuation-multiples/pb-ratio",
    "sectors": [
        {
            "sector": "Real Estate",
            "p10": 0.14,
            "p25": 0.32,
            "p50": 0.71,
            "p75": 1.26,
            "p90": 2.448,
            "n": 1453
        },
        {
            "sector": "Financials",
            "p10": 0.31,
            "p25": 0.67,
            "p50": 1.15,
            "p75": 1.84,
            "p90": 3.406,
            "n": 2865
        },
        {
            "sector": "Communication Services",
            "p10": 0.21,
            "p25": 0.52,
            "p50": 1.23,
            "p75": 2.775,
            "p90": 5.66,
            "n": 896
        },
        {
            "sector": "Consumer Staples",
            "p10": 0.232,
            "p25": 0.6,
            "p50": 1.39,
            "p75": 2.665,
            "p90": 4.956,
            "n": 1443
        },
        {
            "sector": "Utilities",
            "p10": 0.319,
            "p25": 0.75,
            "p50": 1.4,
            "p75": 2.2775,
            "p90": 3.904,
            "n": 590
        },
        {
            "sector": "Consumer Discretionary",
            "p10": 0.23,
            "p25": 0.63,
            "p50": 1.41,
            "p75": 2.84,
            "p90": 5.72,
            "n": 3001
        },
        {
            "sector": "Energy",
            "p10": 0.31,
            "p25": 0.78,
            "p50": 1.43,
            "p75": 2.48,
            "p90": 4.56,
            "n": 865
        },
        {
            "sector": "Materials",
            "p10": 0.24,
            "p25": 0.68,
            "p50": 1.47,
            "p75": 2.87,
            "p90": 5.15,
            "n": 2897
        },
        {
            "sector": "Industrials",
            "p10": 0.24,
            "p25": 0.7,
            "p50": 1.63,
            "p75": 3.31,
            "p90": 6.391,
            "n": 4610
        },
        {
            "sector": "Health Care",
            "p10": 0.27,
            "p25": 0.83,
            "p50": 1.8,
            "p75": 3.54,
            "p90": 6.94,
            "n": 2011
        },
        {
            "sector": "Information Technology",
            "p10": 0.24,
            "p25": 0.85,
            "p50": 2.27,
            "p75": 4.655,
            "p90": 8.804,
            "n": 2947
        }
    ],
    "industries": [
        {
            "industry": "Broadcasting",
            "sector": "Communication Services",
            "p25": 0.51,
            "p50": 0.795,
            "p75": 1.8025,
            "n": 48
        },
        {
            "industry": "Publishing",
            "sector": "Communication Services",
            "p25": 0.505,
            "p50": 0.95,
            "p75": 2.39,
            "n": 91
        },
        {
            "industry": "Electronic Gaming & Multimedia",
            "sector": "Communication Services",
            "p25": 0.42,
            "p50": 0.98,
            "p75": 3.12,
            "n": 109
        },
        {
            "industry": "Entertainment",
            "sector": "Communication Services",
            "p25": 0.425,
            "p50": 1.06,
            "p75": 2.4475,
            "n": 174
        },
        {
            "industry": "Advertising Agencies",
            "sector": "Communication Services",
            "p25": 0.475,
            "p50": 1.3,
            "p75": 2.485,
            "n": 154
        },
        {
            "industry": "Telecom Services",
            "sector": "Communication Services",
            "p25": 0.7425,
            "p50": 1.43,
            "p75": 2.93,
            "n": 206
        },
        {
            "industry": "Internet Content & Information",
            "sector": "Communication Services",
            "p25": 0.855,
            "p50": 1.67,
            "p75": 3.52,
            "n": 116
        },
        {
            "industry": "Residential Construction",
            "sector": "Consumer Discretionary",
            "p25": 0.43,
            "p50": 0.9,
            "p75": 1.465,
            "n": 59
        },
        {
            "industry": "Education & Training Services",
            "sector": "Consumer Discretionary",
            "p25": 0.355,
            "p50": 0.92,
            "p75": 2.775,
            "n": 107
        },
        {
            "industry": "Lodging",
            "sector": "Consumer Discretionary",
            "p25": 0.35,
            "p50": 1.1,
            "p75": 2.44,
            "n": 117
        },
        {
            "industry": "Textile Manufacturing",
            "sector": "Consumer Discretionary",
            "p25": 0.6375,
            "p50": 1.12,
            "p75": 1.9775,
            "n": 244
        },
        {
            "industry": "Furnishings, Fixtures & Appliances",
            "sector": "Consumer Discretionary",
            "p25": 0.5575,
            "p50": 1.18,
            "p75": 2.545,
            "n": 256
        },
        {
            "industry": "Textiles",
            "sector": "Consumer Discretionary",
            "p25": 0.65,
            "p50": 1.19,
            "p75": 1.81,
            "n": 25
        },
        {
            "industry": "Apparel Manufacturing",
            "sector": "Consumer Discretionary",
            "p25": 0.5825,
            "p50": 1.24,
            "p75": 2.67,
            "n": 154
        },
        {
            "industry": "Department Stores",
            "sector": "Consumer Discretionary",
            "p25": 0.45,
            "p50": 1.26,
            "p75": 2.08,
            "n": 89
        },
        {
            "industry": "Specialty Retail",
            "sector": "Consumer Discretionary",
            "p25": 0.695,
            "p50": 1.34,
            "p75": 2.9625,
            "n": 190
        },
        {
            "industry": "Footwear & Accessories",
            "sector": "Consumer Discretionary",
            "p25": 0.565,
            "p50": 1.36,
            "p75": 2.75,
            "n": 75
        },
        {
            "industry": "Home Improvement Retail",
            "sector": "Consumer Discretionary",
            "p25": 0.91,
            "p50": 1.36,
            "p75": 2.36,
            "n": 33
        },
        {
            "industry": "Resorts & Casinos",
            "sector": "Consumer Discretionary",
            "p25": 0.4925,
            "p50": 1.43,
            "p75": 3.1675,
            "n": 50
        },
        {
            "industry": "Auto Manufacturers",
            "sector": "Consumer Discretionary",
            "p25": 0.57,
            "p50": 1.43,
            "p75": 3.19,
            "n": 93
        },
        {
            "industry": "Recreational Vehicles",
            "sector": "Consumer Discretionary",
            "p25": 0.685,
            "p50": 1.445,
            "p75": 2.465,
            "n": 32
        },
        {
            "industry": "Auto & Truck Dealerships",
            "sector": "Consumer Discretionary",
            "p25": 0.73,
            "p50": 1.45,
            "p75": 2.85,
            "n": 77
        },
        {
            "industry": "Consumer Electronics",
            "sector": "Consumer Discretionary",
            "p25": 0.5025,
            "p50": 1.495,
            "p75": 2.8625,
            "n": 94
        },
        {
            "industry": "Apparel Retail",
            "sector": "Consumer Discretionary",
            "p25": 0.65,
            "p50": 1.51,
            "p75": 3.04,
            "n": 85
        },
        {
            "industry": "Internet Retail",
            "sector": "Consumer Discretionary",
            "p25": 0.49,
            "p50": 1.53,
            "p75": 4.03,
            "n": 83
        },
        {
            "industry": "Restaurants",
            "sector": "Consumer Discretionary",
            "p25": 0.585,
            "p50": 1.565,
            "p75": 3.1575,
            "n": 174
        },
        {
            "industry": "Leisure",
            "sector": "Consumer Discretionary",
            "p25": 0.88,
            "p50": 1.57,
            "p75": 2.875,
            "n": 147
        },
        {
            "industry": "Auto Parts",
            "sector": "Consumer Discretionary",
            "p25": 0.81,
            "p50": 1.625,
            "p75": 3.14,
            "n": 536
        },
        {
            "industry": "Personal Services",
            "sector": "Consumer Discretionary",
            "p25": 0.755,
            "p50": 1.66,
            "p75": 3.29,
            "n": 34
        },
        {
            "industry": "Luxury Goods",
            "sector": "Consumer Discretionary",
            "p25": 0.7825,
            "p50": 1.715,
            "p75": 3.535,
            "n": 114
        },
        {
            "industry": "Travel Services",
            "sector": "Consumer Discretionary",
            "p25": 0.81,
            "p50": 2.21,
            "p75": 2.97,
            "n": 65
        },
        {
            "industry": "Gambling",
            "sector": "Consumer Discretionary",
            "p25": 0.83,
            "p50": 2.34,
            "p75": 4.71,
            "n": 43
        },
        {
            "industry": "Discount Stores",
            "sector": "Consumer Discretionary",
            "p25": 2.985,
            "p50": 4.59,
            "p75": 9.17,
            "n": 20
        },
        {
            "industry": "Agricultural Products",
            "sector": "Consumer Staples",
            "p25": 0.4475,
            "p50": 0.535,
            "p75": 0.645,
            "n": 12
        },
        {
            "industry": "Farm Products",
            "sector": "Consumer Staples",
            "p25": 0.285,
            "p50": 0.77,
            "p75": 1.67,
            "n": 250
        },
        {
            "industry": "Food Products",
            "sector": "Consumer Staples",
            "p25": 0.58,
            "p50": 0.82,
            "p75": 2.385,
            "n": 10
        },
        {
            "industry": "Confectioners",
            "sector": "Consumer Staples",
            "p25": 0.4775,
            "p50": 0.93,
            "p75": 2.055,
            "n": 54
        },
        {
            "industry": "Beverages - Wineries & Distilleries",
            "sector": "Consumer Staples",
            "p25": 0.555,
            "p50": 1.12,
            "p75": 2.11,
            "n": 87
        },
        {
            "industry": "Packaged Foods",
            "sector": "Consumer Staples",
            "p25": 0.7,
            "p50": 1.47,
            "p75": 2.67,
            "n": 519
        },
        {
            "industry": "Pharmaceutical Retailers",
            "sector": "Consumer Staples",
            "p25": 0.69,
            "p50": 1.52,
            "p75": 2.835,
            "n": 43
        },
        {
            "industry": "Food Distribution",
            "sector": "Consumer Staples",
            "p25": 0.52,
            "p50": 1.58,
            "p75": 2.71,
            "n": 67
        },
        {
            "industry": "Household & Personal Products",
            "sector": "Consumer Staples",
            "p25": 0.5475,
            "p50": 1.605,
            "p75": 2.985,
            "n": 188
        },
        {
            "industry": "Grocery Stores",
            "sector": "Consumer Staples",
            "p25": 1.015,
            "p50": 1.71,
            "p75": 3.155,
            "n": 71
        },
        {
            "industry": "Beverages - Brewers",
            "sector": "Consumer Staples",
            "p25": 1.0175,
            "p50": 1.835,
            "p75": 2.7025,
            "n": 52
        },
        {
            "industry": "Beverages - Non-Alcoholic",
            "sector": "Consumer Staples",
            "p25": 0.935,
            "p50": 2.35,
            "p75": 4.6725,
            "n": 76
        },
        {
            "industry": "Tobacco",
            "sector": "Consumer Staples",
            "p25": 0.67,
            "p50": 2.62,
            "p75": 4.4125,
            "n": 28
        },
        {
            "industry": "Thermal Coal",
            "sector": "Energy",
            "p25": 0.77,
            "p50": 1.18,
            "p75": 2.1625,
            "n": 88
        },
        {
            "industry": "Oil & Gas Equipment & Services",
            "sector": "Energy",
            "p25": 0.595,
            "p50": 1.28,
            "p75": 2.62,
            "n": 163
        },
        {
            "industry": "Oil & Gas E&P",
            "sector": "Energy",
            "p25": 0.7725,
            "p50": 1.315,
            "p75": 2.3975,
            "n": 258
        },
        {
            "industry": "Oil & Gas Drilling",
            "sector": "Energy",
            "p25": 0.73,
            "p50": 1.35,
            "p75": 1.93,
            "n": 31
        },
        {
            "industry": "Oil & Gas Refining & Marketing",
            "sector": "Energy",
            "p25": 0.86,
            "p50": 1.41,
            "p75": 2.42,
            "n": 94
        },
        {
            "industry": "Oil & Gas Integrated",
            "sector": "Energy",
            "p25": 0.835,
            "p50": 1.575,
            "p75": 2.245,
            "n": 48
        },
        {
            "industry": "Uranium",
            "sector": "Energy",
            "p25": 1.14,
            "p50": 1.74,
            "p75": 3.27,
            "n": 25
        },
        {
            "industry": "Oil & Gas Midstream",
            "sector": "Energy",
            "p25": 1.3525,
            "p50": 2.205,
            "p75": 3.21,
            "n": 78
        },
        {
            "industry": "Financial Services",
            "sector": "Financials",
            "p25": 0.275,
            "p50": 0.555,
            "p75": 0.8525,
            "n": 10
        },
        {
            "industry": "REIT - Mortgage",
            "sector": "Financials",
            "p25": 0.45,
            "p50": 0.59,
            "p75": 0.875,
            "n": 38
        },
        {
            "industry": "Mortgage Finance",
            "sector": "Financials",
            "p25": 0.295,
            "p50": 0.72,
            "p75": 1.5025,
            "n": 60
        },
        {
            "industry": "Asset Management",
            "sector": "Financials",
            "p25": 0.56,
            "p50": 0.89,
            "p75": 1.98,
            "n": 569
        },
        {
            "industry": "Credit Services",
            "sector": "Financials",
            "p25": 0.53,
            "p50": 1,
            "p75": 2.065,
            "n": 275
        },
        {
            "industry": "Banks - Regional",
            "sector": "Financials",
            "p25": 0.81,
            "p50": 1.14,
            "p75": 1.49,
            "n": 1018
        },
        {
            "industry": "Capital Markets",
            "sector": "Financials",
            "p25": 0.62,
            "p50": 1.2,
            "p75": 2.2,
            "n": 365
        },
        {
            "industry": "Insurance - Reinsurance",
            "sector": "Financials",
            "p25": 0.775,
            "p50": 1.22,
            "p75": 1.89,
            "n": 27
        },
        {
            "industry": "Insurance - Life",
            "sector": "Financials",
            "p25": 0.7825,
            "p50": 1.28,
            "p75": 2.0875,
            "n": 86
        },
        {
            "industry": "Insurance - Specialty",
            "sector": "Financials",
            "p25": 1.09,
            "p50": 1.305,
            "p75": 2.1325,
            "n": 28
        },
        {
            "industry": "Specialized Finance",
            "sector": "Financials",
            "p25": 0.6375,
            "p50": 1.37,
            "p75": 1.85,
            "n": 12
        },
        {
            "industry": "Shell Companies",
            "sector": "Financials",
            "p25": 0.65,
            "p50": 1.41,
            "p75": 3.43,
            "n": 45
        },
        {
            "industry": "Insurance - Diversified",
            "sector": "Financials",
            "p25": 0.89,
            "p50": 1.48,
            "p75": 2.08,
            "n": 75
        },
        {
            "industry": "Financial Conglomerates",
            "sector": "Financials",
            "p25": 0.785,
            "p50": 1.48,
            "p75": 2.545,
            "n": 47
        },
        {
            "industry": "Insurance - Property & Casualty",
            "sector": "Financials",
            "p25": 0.8475,
            "p50": 1.505,
            "p75": 2.32,
            "n": 104
        },
        {
            "industry": "Banks - Diversified",
            "sector": "Financials",
            "p25": 0.765,
            "p50": 1.54,
            "p75": 2.01,
            "n": 47
        },
        {
            "industry": "Insurance Brokers",
            "sector": "Financials",
            "p25": 1.825,
            "p50": 2.945,
            "p75": 4.71,
            "n": 28
        },
        {
            "industry": "Financial Data & Stock Exchanges",
            "sector": "Financials",
            "p25": 2.53,
            "p50": 4.3,
            "p75": 6.72,
            "n": 45
        },
        {
            "industry": "Medical Distribution",
            "sector": "Health Care",
            "p25": 0.63,
            "p50": 0.91,
            "p75": 1.48,
            "n": 65
        },
        {
            "industry": "Pharmaceuticals",
            "sector": "Health Care",
            "p25": 0.94,
            "p50": 1.15,
            "p75": 2.09,
            "n": 21
        },
        {
            "industry": "Medical Care Facilities",
            "sector": "Health Care",
            "p25": 0.81,
            "p50": 1.53,
            "p75": 3.0325,
            "n": 220
        },
        {
            "industry": "Biotechnology",
            "sector": "Health Care",
            "p25": 0.62,
            "p50": 1.615,
            "p75": 3.4475,
            "n": 518
        },
        {
            "industry": "Medical Devices",
            "sector": "Health Care",
            "p25": 0.7325,
            "p50": 1.82,
            "p75": 3.4625,
            "n": 284
        },
        {
            "industry": "Drug Manufacturers - Specialty & Generic",
            "sector": "Health Care",
            "p25": 0.945,
            "p50": 1.89,
            "p75": 3.33,
            "n": 451
        },
        {
            "industry": "Health Information Services",
            "sector": "Health Care",
            "p25": 0.9375,
            "p50": 2,
            "p75": 4.1225,
            "n": 112
        },
        {
            "industry": "Diagnostics & Research",
            "sector": "Health Care",
            "p25": 0.855,
            "p50": 2.035,
            "p75": 4.5375,
            "n": 114
        },
        {
            "industry": "Medical Instruments & Supplies",
            "sector": "Health Care",
            "p25": 1.31,
            "p50": 2.07,
            "p75": 3.6,
            "n": 175
        },
        {
            "industry": "Healthcare Plans",
            "sector": "Health Care",
            "p25": 1.7625,
            "p50": 2.8,
            "p75": 4.5325,
            "n": 14
        },
        {
            "industry": "Drug Manufacturers - General",
            "sector": "Health Care",
            "p25": 1.4425,
            "p50": 2.98,
            "p75": 6.405,
            "n": 64
        },
        {
            "industry": "Conglomerates",
            "sector": "Industrials",
            "p25": 0.3325,
            "p50": 0.88,
            "p75": 2,
            "n": 282
        },
        {
            "industry": "Rental & Leasing Services",
            "sector": "Industrials",
            "p25": 0.425,
            "p50": 0.93,
            "p75": 2.28,
            "n": 75
        },
        {
            "industry": "Infrastructure Operations",
            "sector": "Industrials",
            "p25": 0.5725,
            "p50": 0.995,
            "p75": 1.8675,
            "n": 62
        },
        {
            "industry": "Marine Shipping",
            "sector": "Industrials",
            "p25": 0.65,
            "p50": 1.13,
            "p75": 1.67,
            "n": 205
        },
        {
            "industry": "Engineering & Construction",
            "sector": "Industrials",
            "p25": 0.5,
            "p50": 1.22,
            "p75": 2.75,
            "n": 693
        },
        {
            "industry": "Integrated Freight & Logistics",
            "sector": "Industrials",
            "p25": 0.4975,
            "p50": 1.235,
            "p75": 2.285,
            "n": 180
        },
        {
            "industry": "Trucking",
            "sector": "Industrials",
            "p25": 0.9025,
            "p50": 1.285,
            "p75": 2.29,
            "n": 36
        },
        {
            "industry": "Waste Management",
            "sector": "Industrials",
            "p25": 0.4725,
            "p50": 1.305,
            "p75": 2.46,
            "n": 146
        },
        {
            "industry": "Railroads",
            "sector": "Industrials",
            "p25": 0.8175,
            "p50": 1.31,
            "p75": 2.535,
            "n": 104
        },
        {
            "industry": "Building Products & Equipment",
            "sector": "Industrials",
            "p25": 0.505,
            "p50": 1.33,
            "p75": 2.9425,
            "n": 212
        },
        {
            "industry": "Business Equipment & Supplies",
            "sector": "Industrials",
            "p25": 0.65,
            "p50": 1.39,
            "p75": 2.46,
            "n": 61
        },
        {
            "industry": "Industrial Distribution",
            "sector": "Industrials",
            "p25": 0.65,
            "p50": 1.41,
            "p75": 3.5,
            "n": 101
        },
        {
            "industry": "Construction & Engineering",
            "sector": "Industrials",
            "p25": 0.96,
            "p50": 1.455,
            "p75": 3.03,
            "n": 14
        },
        {
            "industry": "Staffing & Employment Services",
            "sector": "Industrials",
            "p25": 0.99,
            "p50": 1.56,
            "p75": 3.05,
            "n": 77
        },
        {
            "industry": "Pollution & Treatment Controls",
            "sector": "Industrials",
            "p25": 0.56,
            "p50": 1.6,
            "p75": 2.65,
            "n": 76
        },
        {
            "industry": "Farm & Heavy Construction Machinery",
            "sector": "Industrials",
            "p25": 1.025,
            "p50": 1.645,
            "p75": 2.7775,
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        {
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            "industry": "Airports & Air Services",
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        {
            "industry": "Airlines",
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        {
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        {
            "industry": "Specialty Industrial Machinery",
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        {
            "industry": "Electrical Equipment & Parts",
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        {
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        {
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        {
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        {
            "industry": "Electronics & Computer Distribution",
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        {
            "industry": "IT Services",
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        {
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        },
        {
            "industry": "Computer Hardware",
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            "p50": 2.01,
            "p75": 3.8325,
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        {
            "industry": "Information Technology Services",
            "sector": "Information Technology",
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            "p50": 2.08,
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        {
            "industry": "Communication Equipment",
            "sector": "Information Technology",
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        {
            "industry": "Software - Application",
            "sector": "Information Technology",
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            "p50": 2.355,
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        },
        {
            "industry": "Electronic Components",
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        },
        {
            "industry": "Scientific & Technical Instruments",
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        {
            "industry": "Software - Infrastructure",
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        {
            "industry": "Semiconductors",
            "sector": "Information Technology",
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        {
            "industry": "Semiconductor Equipment & Materials",
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        {
            "industry": "Other",
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        {
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        {
            "industry": "Coking Coal",
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            "p75": 1.2525,
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        {
            "industry": "Paper & Paper Products",
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        {
            "industry": "Building Materials",
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            "p75": 1.77,
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        {
            "industry": "Steel",
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            "p50": 1.095,
            "p75": 1.985,
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        {
            "industry": "Packaging & Containers",
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            "p75": 2.13,
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        {
            "industry": "Agricultural Inputs",
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        {
            "industry": "Containers & Packaging",
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        {
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        {
            "industry": "Chemicals",
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            "p75": 2.675,
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        {
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        {
            "industry": "Specialty Chemicals",
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        {
            "industry": "Other Precious Metals & Mining",
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            "industry": "Gold",
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            "industry": "Silver",
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        {
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            "p75": 1.0675,
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        {
            "industry": "Real Estate - Development",
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        {
            "industry": "Real Estate Services",
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        {
            "industry": "REIT - Diversified",
            "sector": "Real Estate",
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        {
            "industry": "REIT - Hotel & Motel",
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        {
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        {
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        {
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            "p75": 1.55,
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        {
            "industry": "Real Estate Development",
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        {
            "industry": "REIT - Specialty",
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            "industry": "Utilities - Renewable",
            "sector": "Utilities",
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        {
            "industry": "Utilities - Independent Power Producers",
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        {
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    ]
}