Question 1

What is Allegion's P/B ratio?

Accepted Answer

Allegion (ALLE) P/B ratio is 5.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Allegion?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Allegion specifically, the relevant sector benchmark is the current sector median of 5.0×.

Question 5

Is Allegion's P/B ratio high or low?

Accepted Answer

Allegion's P/B ratio of 5.4× is below its own 5-year average of 9.4× and above the sector median of 5.0×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Allegion's historical P/B ratio range?

Accepted Answer

In the available daily series, Allegion (ALLE) P/B ratio has ranged from a low of 3.7× in 2013 to a high of 381.4× in 2015. The 5-year average is 9.4× and the 5-year median is 8.5×.

Question 7

What was Allegion's P/B ratio in 2025?

Accepted Answer

Allegion (ALLE) P/B ratio at the end of 2025 was 6.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Allegion's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.68B	$2.07B	6.6×	-0.9×	Dec 31, 2025
2024	$11.33B	$1.50B	7.5×	-0.9×	Dec 31, 2024
2023	$11.12B	$1.32B	8.4×	-1.4×	Dec 31, 2023
2022	$9.25B	$941.80M	9.8×	-5.7×	Dec 31, 2022
2021	$11.81B	$759.10M	15.6×	+2.8×	Dec 31, 2021
2020	$10.56B	$829.40M	12.7×	-2.5×	Dec 31, 2020
2019	$11.57B	$757.40M	15.3×	+3.7×	Dec 31, 2019
2018	$7.56B	$651.00M	11.6×	-7.2×	Dec 31, 2018
2017	$7.57B	$401.60M	18.8×	-35.2×	Dec 31, 2017
2016	$6.12B	$113.30M	54.0×	-193.2×	Dec 31, 2016
2015	$6.33B	$25.60M	247.2×	—	Dec 31, 2015
2014	$5.31B	−$4.80M	—	—	Dec 31, 2014
2013	$4.24B	−$66.10M	—	—	Dec 31, 2013


PACCAR (PCAR)	3.1×
Franklin Electric Co. (FELE)	3.0×
Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Fortive (FTV)	2.9×
Southwest Airlines (LUV)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.5×
Axon Enterprise (TASR)	2.4×
Builders FirstSource (BLDR)	2.3×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Delta Air Lines (DAL)	2.1×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Archer Aviation (ACHR)	1.9×
United Airlines Holdings (UAL)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
MDU Resources Group (MDU)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×
Alaska Air Group (ALK)	1.1×
Versant Media Group, Inc. Class A (VSNT)	0.7×

P/B Ratio for Allegion (ALLE)

P/B Ratio daily chart for Allegion (ALLE)

Historical P/B Ratio for Allegion (ALLE) from 2013 to 2025

About P/B Ratio at Allegion (ALLE)

Allegion P/B Ratio by Year

Allegion P/B Ratio 2025: 6.6×

Allegion P/B Ratio 2024: 7.5×

Allegion P/B Ratio 2023: 8.4×

Allegion P/B Ratio 2022: 9.8×

Allegion P/B Ratio 2021: 15.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Allegion (ALLE) Key Financials

P/B Ratio daily chart for Allegion (ALLE)

Historical P/B Ratio for Allegion (ALLE) from 2013 to 2025

About P/B Ratio at Allegion (ALLE)

Allegion P/B Ratio by Year

Allegion P/B Ratio 2025: 6.6×

Allegion P/B Ratio 2024: 7.5×

Allegion P/B Ratio 2023: 8.4×

Allegion P/B Ratio 2022: 9.8×

Allegion P/B Ratio 2021: 15.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Allegion's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Allegion?

+Is Allegion's P/B ratio high or low?

+What is Allegion's historical P/B ratio range?

+What was Allegion's P/B ratio in 2025?

+Why does Allegion's P/B ratio change over time?

Allegion (ALLE) Key Financials