Marsh & McLennan Companies, Inc.MRSH

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

$185.74-2.72 (-1.44%)Previous close
NYSEFinancial Services

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

5.8Historically cheap

MRSH's p/b is lower than 83% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MRSH P/B historyMRSH P/B from Sep 2023 to Sep 2026: low 5.16, high 8.92, latest 5.83.4.865.957.048.139.22Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 7.8

MRSH P/B by year

Yearly range of MRSH’s p/b from 2016 to 2026. Over the full period it ranged from 4.9 to 9.0, averaging 6.8.

MRSH P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20265.25.76.25.8
20255.77.18.95.9
20247.58.08.57.8
20237.28.08.78.2
20226.67.68.98.5
20216.07.49.07.9
20204.96.87.76.5
20195.26.37.47.2
20185.15.56.05.4
20175.65.96.35.9
20164.95.25.45.2

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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 MRSH P/B High or Low Right Now?

Marsh & McLennan Companies, Inc.'s P/B is currently 5.8, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for MRSH is approximately 6.8. See all MRSH valuation metrics →

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