Verizon Communications Inc.VZ

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

$43.66+0.48 (+1.11%)Previous close
NYSECommunication Services

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

1.7Historically cheap

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

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
VZ P/B historyVZ P/B from Oct 2023 to Oct 2026: low 1.47, high 2.06, latest 1.69.1.431.61.761.932.1Oct 23Jun 24Jan 25Aug 25Mar 26Oct 26med 1.78

VZ P/B by year

Yearly range of VZ’s p/b from 2016 to 2026. Over the full period it ranged from 1.3 to 10.0, averaging 3.3.

VZ P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.61.92.11.7
20251.51.72.01.6
20241.71.82.01.7
20231.31.61.91.6
20221.72.32.81.9
20212.63.13.52.6
20203.33.74.03.5
20193.94.24.64.0
20183.64.25.04.3
20176.37.69.37.6
20168.69.310.09.9

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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 VZ P/B High or Low Right Now?

Verizon Communications Inc.'s P/B is currently 1.7, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for VZ is approximately 2.9. See all VZ valuation metrics →

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