T-Mobile US, Inc.TMUS

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

$182.33+5.17 (+2.92%)Previous close
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TMUS P/B: current value, 10-year range and year-by-year history

3.5Historically pricey

TMUS's p/b is higher than 82% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
TMUS P/B historyTMUS P/B from Sep 2023 to Sep 2026: low 2.48, high 5.18, latest 3.51.2.263.053.834.625.4Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 3.76

TMUS P/B by year

Yearly range of TMUS’s p/b from 2016 to 2026. Over the full period it ranged from 1.8 to 5.2, averaging 2.9.

TMUS P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20263.23.74.23.5
20253.64.45.23.8
20243.03.54.54.2
20232.32.62.92.9
20221.82.42.72.5
20212.02.42.82.1
20202.02.84.72.6
20192.32.52.72.4
20182.12.32.62.2
20172.42.83.12.7
20162.12.42.72.7

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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 TMUS P/B High or Low Right Now?

T-Mobile US, Inc.'s P/B is currently 3.5, which is historically pricey relative to its 10-year historical range. The 10-year median P/B for TMUS is approximately 2.6. See all TMUS valuation metrics →

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