McCormick & Company, IncorporatedMKC

Where MKC's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$50.39-0.93 (-1.81%)Previous close
NYSEConsumer DefensiveDividend King

MKC P/B: current value, 10-year range and year-by-year history

1.8Near historic low

MKC's p/b is lower than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MKC P/B historyMKC P/B from Sep 2023 to Sep 2026: low 1.63, high 4.26, latest 1.79.1.412.182.943.74.47Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 3.5

MKC P/B by year

Yearly range of MKC’s p/b from 2016 to 2026. Over the full period it ranged from 1.6 to 7.7, averaging 5.0.

MKC P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.62.13.31.8
20253.03.54.23.2
20243.43.84.23.9
20233.24.35.13.6
20224.25.36.34.8
20214.85.56.65.9
20204.36.47.56.5
20195.16.16.76.6
20184.45.36.65.9
20174.76.47.75.3
20166.66.97.37.2

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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.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most 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.

Key caveats
  • 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 MKC P/B High or Low Right Now?

McCormick & Company, Incorporated's P/B is currently 1.8, which is near historic low relative to its 10-year historical range. The 10-year median P/B for MKC is approximately 5.1. See all MKC valuation metrics →

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