Westinghouse Air Brake Technologies CorporationWAB

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

$278.42-4.80 (-1.69%)Previous close
NYSEIndustrials

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

4.2Near historic high

WAB's p/b is higher than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
WAB P/B historyWAB P/B from Sep 2023 to Sep 2026: low 1.71, high 4.61, latest 4.2.1.472.323.1644.85Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 3.1

WAB P/B by year

Yearly range of WAB’s p/b from 2016 to 2026. Over the full period it ranged from 0.8 to 4.6, averaging 2.4.

WAB P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20263.34.04.64.2
20252.63.23.63.2
20242.12.83.53.2
20231.71.92.22.2
20221.51.71.91.8
20211.31.61.81.7
20200.81.21.61.4
20190.81.52.61.5
20182.23.13.82.4
20172.32.93.72.9
20163.94.34.64.3

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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 WAB P/B High or Low Right Now?

Westinghouse Air Brake Technologies Corporation's P/B is currently 4.2, which is near historic high relative to its 10-year historical range. The 10-year median P/B for WAB is approximately 2.2. See all WAB valuation metrics →

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