Price
and Value to Book Ratio by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2026
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/pbvdata.xls
For global datasets: https://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
can be obtained by clicking here
on
which companies are included in each industry
| Industry Name | Number of firms | PBV | ROE | EV/ Invested Capital | ROIC |
| Advertising | 52 | 4.55 | -1.34% | 4.66 | 27.72% |
| Aerospace/Defense | 79 | 7.88 | 15.27% | 6.39 | 16.01% |
| Air Transport | 23 | 2.84 | 14.19% | 1.79 | 7.93% |
| Apparel | 35 | 3.89 | 10.42% | 2.89 | 15.77% |
| Auto & Truck | 33 | 7.72 | 3.16% | 3.46 | 2.25% |
| Auto Parts | 35 | 1.87 | 2.17% | 1.43 | 8.98% |
| Bank (Money Center) | 15 | 1.62 | 12.86% | 1.31 | NA |
| Banks (Regional) | 568 | 1.14 | 9.75% | 1.33 | NA |
| Beverage (Alcoholic) | 14 | 1.91 | 0.57% | 1.91 | 15.74% |
| Beverage (Soft) | 27 | 6.87 | 30.92% | 5.39 | 29.03% |
| Broadcasting | 24 | 1.66 | 3.99% | 1.69 | 14.57% |
| Brokerage & Investment Banking | 32 | 2.81 | 17.77% | 1.52 | NA |
| Building Materials | 41 | 3.62 | 16.00% | 3.68 | 20.16% |
| Business & Consumer Services | 155 | 5.30 | 18.20% | 6.00 | 28.30% |
| Cable TV | 9 | 1.31 | 11.06% | 1.53 | 12.06% |
| Chemical (Basic) | 29 | 1.12 | -8.29% | 1.18 | 3.72% |
| Chemical (Diversified) | 4 | 1.08 | -15.30% | 1.03 | 4.05% |
| Chemical (Specialty) | 59 | 2.45 | 3.50% | 2.53 | 10.95% |
| Coal & Related Energy | 16 | 2.25 | -2.51% | 2.18 | -4.76% |
| Computer Services | 64 | 4.73 | 18.25% | 5.20 | 26.35% |
| Computers/Peripherals | 36 | 34.08 | -0.17% | 13.40 | 44.76% |
| Construction Supplies | 40 | 5.46 | 22.86% | 3.88 | 16.71% |
| Diversified | 20 | 1.78 | 11.37% | 1.94 | 14.82% |
| Drugs (Biotechnology) | 496 | 8.22 | -5.67% | 3.21 | 3.53% |
| Drugs (Pharmaceutical) | 228 | 6.64 | 24.04% | 3.83 | 16.95% |
| Education | 32 | 2.60 | 15.90% | 3.05 | 15.94% |
| Electrical Equipment | 112 | 6.51 | 1.53% | 6.37 | 15.60% |
| Electronics (Consumer & Office) | 8 | 3.85 | -28.81% | 1.28 | -8.35% |
| Electronics (General) | 114 | 4.97 | 12.62% | 5.34 | 17.91% |
| Engineering/Construction | 48 | 5.49 | 26.14% | 6.14 | 25.32% |
| Entertainment | 92 | 4.80 | 6.09% | 4.97 | 12.42% |
| Environmental & Waste Services | 53 | 6.59 | 19.74% | 7.10 | 31.75% |
| Farming/Agriculture | 35 | 2.42 | 12.04% | 1.74 | 7.28% |
| Financial Svcs. (Non-bank & Insurance) | 176 | 3.66 | 28.82% | 1.29 | NA |
| Food Processing | 78 | 1.80 | 4.60% | 2.41 | 15.95% |
| Food Wholesalers | 13 | 4.88 | 18.22% | 3.19 | 17.84% |
| Furn/Home Furnishings | 27 | 2.45 | 3.11% | 2.24 | 10.59% |
| Green & Renewable Energy | 15 | 1.26 | -7.36% | 1.13 | 3.64% |
| Healthcare Products | 204 | 4.44 | 11.26% | 4.70 | 16.98% |
| Healthcare Support Services | 104 | 2.80 | 9.89% | 4.83 | 31.19% |
| Heathcare Information and Technology | 115 | 4.00 | 6.40% | 5.22 | 13.72% |
| Homebuilding | 30 | 1.63 | 14.23% | 1.64 | 14.91% |
| Hospitals/Healthcare Facilities | 31 | 5.62 | 50.84% | 2.79 | 22.16% |
| Hotel/Gaming | 63 | 12.30 | 45.38% | 3.86 | 14.58% |
| Household Products | 110 | 5.85 | 27.02% | 5.67 | 34.42% |
| Information Services | 15 | 3.79 | 14.95% | 4.92 | 22.17% |
| Insurance (General) | 21 | 3.45 | 19.07% | 6.55 | 44.51% |
| Insurance (Life) | 20 | 1.43 | 12.87% | 1.37 | 10.77% |
| Insurance (Prop/Cas.) | 57 | 2.02 | 18.71% | 2.03 | 18.49% |
| Investments & Asset Management | 283 | 2.49 | 15.88% | 2.42 | 14.25% |
| Machinery | 105 | 4.50 | 16.42% | 5.68 | 24.41% |
| Metals & Mining | 73 | 4.34 | 17.79% | 3.65 | 27.04% |
| Office Equipment & Services | 14 | 2.92 | 13.23% | 2.26 | 18.26% |
| Oil/Gas (Integrated) | 4 | 1.71 | 9.96% | 1.60 | 8.45% |
| Oil/Gas (Production and Exploration) | 142 | 1.36 | 12.21% | 1.26 | 13.73% |
| Oil/Gas Distribution | 23 | 2.88 | 18.03% | 1.92 | 12.35% |
| Oilfield Svcs/Equip. | 97 | 1.92 | 8.65% | 1.82 | 11.94% |
| Packaging & Container | 19 | 2.18 | 12.29% | 2.22 | 14.82% |
| Paper/Forest Products | 6 | 1.83 | 7.01% | 1.68 | 10.41% |
| Power | 46 | 2.28 | 12.40% | 1.57 | 6.92% |
| Precious Metals | 56 | 3.64 | 23.52% | 3.58 | 25.45% |
| Publishing & Newspapers | 19 | 2.28 | 13.83% | 3.18 | 17.63% |
| R.E.I.T. | 190 | 1.99 | 5.04% | 1.43 | 3.20% |
| Real Estate (Development) | 14 | 0.99 | 5.06% | 1.00 | 7.04% |
| Real Estate (General/Diversified) | 12 | 1.16 | 10.77% | 1.14 | 5.19% |
| Real Estate (Operations & Services) | 54 | 3.06 | 3.30% | 3.26 | 5.94% |
| Recreation | 49 | 4.03 | -12.76% | 2.26 | 8.02% |
| Reinsurance | 1 | 1.02 | 7.79% | 1.02 | 10.14% |
| Restaurant/Dining | 64 | 74.74 | 0.10% | 5.64 | 18.36% |
| Retail (Automotive) | 34 | 7.48 | 34.38% | 2.89 | 12.19% |
| Retail (Building Supply) | 14 | 132.20 | NA | 6.71 | 34.95% |
| Retail (Distributors) | 62 | 4.04 | 18.33% | 3.20 | 16.11% |
| Retail (General) | 23 | 7.19 | 26.05% | 4.26 | 13.59% |
| Retail (Grocery and Food) | 15 | 3.93 | 12.90% | 2.24 | 6.76% |
| Retail (REITs) | 26 | 2.08 | 6.36% | 1.54 | 5.16% |
| Retail (Special Lines) | 94 | 7.25 | 30.12% | 4.44 | 21.54% |
| Rubber& Tires | 3 | 0.79 | -36.41% | 0.85 | 3.17% |
| Semiconductor | 66 | 13.31 | 31.36% | 11.19 | 27.23% |
| Semiconductor Equip | 31 | 9.70 | 35.78% | 7.88 | 28.40% |
| Shipbuilding & Marine | 8 | 1.50 | 10.15% | 1.51 | 11.99% |
| Shoe | 11 | 6.06 | 19.49% | 5.22 | 20.93% |
| Software (Entertainment) | 77 | 9.10 | 36.51% | 6.05 | 27.02% |
| Software (Internet) | 29 | 10.86 | -1.47% | 5.69 | 3.43% |
| Software (System & Application) | 309 | 9.14 | 29.62% | 7.85 | 29.32% |
| Steel | 19 | 1.88 | 3.68% | 1.89 | 6.72% |
| Telecom (Wireless) | 12 | 3.47 | 16.06% | 2.06 | 10.37% |
| Telecom. Equipment | 57 | 8.37 | 24.96% | 7.90 | 25.47% |
| Telecom. Services | 39 | 1.64 | 19.82% | 1.47 | 12.04% |
| Tobacco | 10 | NA | NA | 10.00 | 63.08% |
| Transportation | 19 | 4.79 | 36.58% | 2.84 | 13.00% |
| Transportation (Railroads) | 4 | 5.83 | 29.07% | 2.90 | 14.24% |
| Trucking | 26 | 2.86 | 7.60% | 2.45 | 9.30% |
| Utility (General) | 14 | 1.81 | 10.42% | 1.38 | 5.99% |
| Utility (Water) | 14 | 2.00 | 10.28% | 1.57 | 7.25% |
| Total Market | 5994 | 4.61 | 17.21% | 2.74 | 8.96% |
| Total Market (without financials) | 4935 | 5.10 | 16.41% | 3.62 | 15.01% |