AZO P/B: current value, 10-year range and year-by-year history
Cash & Leverage
AZO's p/b is lower than 65% of the last 10 years.
P/B History
AZO P/B by year
Yearly range of AZO’s p/b from 2016 to 2026. Over the full period it ranged from -34.1 to -8.3, averaging -15.3.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -22.8 | -19.5 | -17.2 | -17.6 |
| 2025 | -21.9 | -16.6 | -11.9 | -18.0 |
| 2024 | -12.5 | -11.0 | -8.8 | -11.9 |
| 2023 | -12.9 | -11.1 | -9.0 | -9.0 |
| 2022 | -21.2 | -13.8 | -10.7 | -12.6 |
| 2021 | -29.7 | -21.1 | -17.6 | -21.3 |
| 2020 | -34.1 | -20.5 | -10.2 | -27.4 |
| 2019 | -18.9 | -16.3 | -12.8 | -16.4 |
| 2018 | -15.5 | -13.7 | -12.1 | -13.2 |
| 2017 | -13.3 | -11.1 | -8.3 | -13.1 |
| 2016 | -13.0 | -12.5 | -12.1 | -12.4 |
Get notified when AZO P/B crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.
Price / Book Value Per ShareMost useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.
- Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
- Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.
Is AZO P/B High or Low Right Now?
AutoZone, Inc.'s P/B is currently -17.6, which is below average relative to its 10-year historical range. The 10-year median P/B for AZO is approximately -13.8. See all AZO valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.