International Business Machines Corp P/B Ratio
Data as of October 02, 2026
P/B Ratio
6.48
Stock Price
$225.62
Book Value/Share
$34.84
Sector
Technology
How It's Calculated
6.48 = $225.62 ÷ $34.84
What This Means
International Business Machines Corp's P/B ratio of 6.48 is above 6. Asset-light business models and unrecognized intangible assets can make book value a limited denominator; the multiple alone does not determine fair value.
About International Business Machines Corp
International Business Machines Corp (IBM) operates in the Technology sector, specifically in Technology. With a market capitalization of about $212.23B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $225.62, within a 52-week range of $199.19 to $332.46 (-32.1% from the high, +13.3% from the low). Beta of 0.79 indicates relatively lower volatility versus the market.
Trailing profit margin is about 15.5%, signaling a solid profit margin for its industry.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For International Business Machines Corp, P/B is especially useful when earnings are volatile or temporarily depressed. In Technology, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Technology names on our S&P 100 coverage, International Business Machines Corp's P/B ratio of 6.48 can be compared with peers such as AAPL (66.18), MSFT (8.61), ORCL (9.35). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Technology stocks.
Key Takeaways
- IBM is grouped in the Technology sector for peer comparisons.
- Recent beta of 0.79 suggests lower-than-market price sensitivity.
- Trailing profit margin of 15.5% provides context for how much earnings support the headline multiple.
Related Tools & Guides
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Frequently Asked Questions
What does IBM's price-to-book ratio indicate?
P/B compares share price to book value per share. International Business Machines Corp's P/B of 6.48 reflects how the market prices net assets — especially relevant for asset-heavy Technology business models.
Is 6.48 above or below book value?
A P/B above 1.0 (6.48) means the market values IBM above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Technology?
Peer P/B levels in Technology (e.g. AAPL (66.18), ADSK (14.71), ORCL (9.35)) provide context; asset-light vs asset-heavy models differ materially.
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