ITW P/B: current value, 10-year range and year-by-year history
Cash & Leverage
ITW's p/b is higher than 95% of the last 10 years.
P/B History
ITW P/B by year
Yearly range of ITW’s p/b from 2016 to 2026. Over the full period it ranged from 8.3 to 29.5, averaging 19.3.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 22.0 | 25.0 | 29.5 | 26.6 |
| 2025 | 19.8 | 22.8 | 24.6 | 22.2 |
| 2024 | 22.2 | 24.6 | 27.0 | 22.6 |
| 2023 | 21.6 | 23.6 | 26.6 | 26.4 |
| 2022 | 15.6 | 19.3 | 23.5 | 22.6 |
| 2021 | 18.7 | 21.1 | 23.2 | 21.4 |
| 2020 | 12.6 | 22.7 | 27.2 | 20.4 |
| 2019 | 12.6 | 16.1 | 19.8 | 19.1 |
| 2018 | 11.2 | 12.4 | 13.7 | 12.9 |
| 2017 | 9.9 | 10.7 | 11.7 | 11.5 |
| 2016 | 8.3 | 8.9 | 9.5 | 9.1 |
Get notified when ITW 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 ITW P/B High or Low Right Now?
Illinois Tool Works Inc.'s P/B is currently 26.6, which is near historic high relative to its 10-year historical range. The 10-year median P/B for ITW is approximately 21.2. See all ITW valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.