Price and Value to Book Ratio by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2022

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 49 4.10 20.18% 9.18 50.20%
Aerospace/Defense 73 4.60 9.09% 4.38 14.76%
Air Transport 21 3.71 -27.28% 1.81 -19.81%
Apparel 39 3.83 20.78% 3.36 20.35%
Auto & Truck 26 9.88 13.68% 3.92 4.74%
Auto Parts 38 2.95 6.72% 2.16 14.77%
Bank (Money Center) 7 1.21 14.97% 1.33 -0.01%
Banks (Regional) 563 1.39 12.53% 1.93 -0.08%
Beverage (Alcoholic) 21 3.32 4.39% 3.47 15.28%
Beverage (Soft) 32 8.42 32.80% 7.04 27.30%
Broadcasting 28 1.33 19.35% 1.83 17.22%
Brokerage & Investment Banking 31 1.74 21.61% 1.30 0.37%
Building Materials 44 5.12 31.26% 5.34 30.44%
Business & Consumer Services 160 4.86 13.67% 6.63 23.26%
Cable TV 11 2.91 16.38% 2.48 12.77%
Chemical (Basic) 35 2.51 47.24% 2.07 27.31%
Chemical (Diversified) 4 2.62 28.12% 1.85 13.74%
Chemical (Specialty) 81 3.49 16.00% 3.75 15.02%
Coal & Related Energy 18 2.61 -14.40% 2.01 -4.04%
Computer Services 83 4.84 14.61% 5.34 21.41%
Computers/Peripherals 46 26.30 0.61% 11.00 44.93%
Construction Supplies 48 3.77 17.17% 2.95 12.88%
Diversified 22 1.88 19.92% 2.06 21.45%
Drugs (Biotechnology) 581 5.99 -0.76% 3.10 7.30%
Drugs (Pharmaceutical) 298 5.43 14.55% 3.40 19.66%
Education 35 2.35 8.61% 3.49 7.10%
Electrical Equipment 104 5.17 16.80% 6.01 22.78%
Electronics (Consumer & Office) 16 3.97 43.57% 3.91 18.32%
Electronics (General) 137 4.54 14.72% 4.66 17.59%
Engineering/Construction 48 2.96 6.48% 3.54 15.99%
Entertainment 108 5.13 4.28% 6.33 10.06%
Environmental & Waste Services 58 5.78 13.95% 7.03 25.56%
Farming/Agriculture 36 3.23 26.60% 2.13 13.48%
Financial Svcs. (Non-bank & Insurance) 223 2.39 0.28% 1.09 0.59%
Food Processing 92 2.59 13.44% 3.41 19.54%
Food Wholesalers 15 4.63 11.18% 3.34 12.29%
Furn/Home Furnishings 32 2.86 25.40% 2.79 24.76%
Green & Renewable Energy 20 1.91 -24.12% 1.46 5.73%
Healthcare Products 244 6.30 14.18% 6.92 18.64%
Healthcare Support Services 131 3.59 14.68% 6.43 32.05%
Heathcare Information and Technology 142 5.79 19.74% 8.13 23.06%
Homebuilding 29 2.20 27.38% 2.09 22.92%
Hospitals/Healthcare Facilities 31 5.92 95.71% 2.77 23.17%
Hotel/Gaming 66 7.56 -40.21% 3.25 -4.69%
Household Products 118 10.39 35.95% 9.00 39.78%
Information Services 79 7.64 17.51% 11.13 29.04%
Insurance (General) 23 1.95 13.50% 2.06 12.97%
Insurance (Life) 24 0.75 7.86% 0.86 6.49%
Insurance (Prop/Cas.) 52 1.56 15.64% 1.58 17.38%
Investments & Asset Management 687 2.78 23.77% 2.69 9.72%
Machinery 111 4.68 21.13% 6.35 27.22%
Metals & Mining 74 3.46 28.96% 2.92 36.12%
Office Equipment & Services 18 2.70 8.50% 2.71 13.47%
Oil/Gas (Integrated) 4 1.58 1.15% 1.42 5.12%
Oil/Gas (Production and Exploration) 183 2.20 3.30% 1.80 -1.54%
Oil/Gas Distribution 21 1.95 6.44% 1.51 6.81%
Oilfield Svcs/Equip. 100 1.58 5.62% 1.56 2.82%
Packaging & Container 26 3.33 21.02% 2.85 15.40%
Paper/Forest Products 11 2.84 43.67% 2.28 44.89%
Power 50 2.08 8.14% 1.56 6.06%
Precious Metals 76 2.13 7.99% 2.22 14.75%
Publishing & Newspapers 21 2.04 8.44% 2.67 15.77%
R.E.I.T. 238 2.81 7.81% 1.81 2.75%
Real Estate (Development) 19 1.43 -0.46% 1.24 1.29%
Real Estate (General/Diversified) 10 1.33 6.29% 1.28 5.01%
Real Estate (Operations & Services) 51 3.66 -10.81% 2.36 -2.80%
Recreation 60 5.35 22.76% 3.85 18.44%
Reinsurance 2 0.75 5.83% 0.80 6.69%
Restaurant/Dining 70 NA NA 6.54 14.72%
Retail (Automotive) 32 7.06 47.18% 3.09 15.47%
Retail (Building Supply) 16 116.15 0.97% 10.48 54.62%
Retail (Distributors) 68 4.23 19.55% 3.11 16.27%
Retail (General) 16 5.89 20.06% 4.60 20.88%
Retail (Grocery and Food) 15 3.35 14.88% 1.99 7.01%
Retail (Online) 60 12.90 44.11% 5.32 12.18%
Retail (Special Lines) 76 5.45 35.23% 3.23 17.28%
Rubber& Tires 2 1.33 9.59% 1.10 7.28%
Semiconductor 67 7.45 31.91% 5.93 21.70%
Semiconductor Equip 34 10.29 46.38% 8.04 37.24%
Shipbuilding & Marine 8 1.49 10.29% 1.45 15.01%
Shoe 12 13.65 47.91% 12.24 40.95%
Software (Entertainment) 88 7.52 31.40% 5.93 25.46%
Software (Internet) 36 10.50 -11.29% 9.65 1.65%
Software (System & Application) 375 14.52 30.47% 11.73 25.03%
Steel 28 1.84 40.05% 1.80 37.25%
Telecom (Wireless) 17 1.92 5.93% 1.47 5.18%
Telecom. Equipment 82 6.15 24.93% 6.52 26.84%
Telecom. Services 42 1.53 10.41% 1.64 15.33%
Tobacco 16 NA NA 8.44 64.45%
Transportation 17 6.20 40.24% 4.19 21.05%
Transportation (Railroads) 4 7.76 28.35% 3.78 15.31%
Trucking 34 4.90 5.54% 3.20 5.76%
Utility (General) 16 2.09 8.44% 1.56 5.91%
Utility (Water) 14 3.94 18.12% 2.58 8.61%
Total Market 7229 4.29 18.12% 2.70 8.61%
Total Market (without financials) 5619 5.28 17.96% 3.90 14.70%

Last Updated in January 2022
By Aswath Damodaran