Question 1

What is Avery Dennison's P/B ratio?

Accepted Answer

Avery Dennison (AVY) P/B ratio is 5.2× 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 Avery Dennison?

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 Avery Dennison specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Avery Dennison's P/B ratio high or low?

Accepted Answer

Avery Dennison's P/B ratio of 5.2× is below its own 5-year average of 7.3× and above the sector median of 4.2×. That places the current reading at the 0th 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 Avery Dennison's historical P/B ratio range?

Accepted Answer

In the available daily series, Avery Dennison (AVY) P/B ratio has ranged from a low of 1.5× in 2011 to a high of 11.6× in 2021. The 5-year average is 7.3× and the 5-year median is 7.1×.

Question 7

What was Avery Dennison's P/B ratio in 2025?

Accepted Answer

Avery Dennison (AVY) P/B ratio at the end of 2025 was 6.3×. 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 Avery Dennison'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	$14.08B	$2.24B	6.3×	-0.2×	Dec 31, 2025
2024	$15.04B	$2.31B	6.5×	-1.1×	Dec 28, 2024
2023	$16.27B	$2.13B	7.6×	+0.5×	Dec 30, 2023
2022	$14.63B	$2.03B	7.2×	—	Dec 31, 2022
2021	$12.90B	$1.50B	8.6×	—	Jan 2, 2021
2019	$10.97B	$1.20B	9.1×	+1.2×	Dec 28, 2019
2018	$7.53B	$955.10M	7.9×	-1.8×	Dec 29, 2018
2017	$10.11B	$1.05B	9.7×	+3.0×	Dec 30, 2017
2016	$6.20B	$925.50M	6.7×	—	Dec 31, 2016
2015	$4.68B	$1.07B	4.4×	—	Jan 3, 2015
2013	$4.86B	$1.49B	3.3×	+1.1×	Dec 28, 2013
2012	$3.44B	$1.58B	2.2×	+0.3×	Dec 29, 2012
2011	$3.06B	$1.66B	1.8×	—	Dec 31, 2011
2010	$3.85B	$1.36B	2.8×	—	Jan 2, 2010
2008	$3.09B	$1.75B	1.8×	-0.9×	Dec 27, 2008
2007	$5.26B	$1.99B	2.6×	-1.3×	Dec 29, 2007
2006	$6.66B	$1.68B	4.0×	+0.3×	Dec 30, 2006
2005	$5.52B	$1.51B	3.6×	—	Dec 31, 2005
2003	$5.45B	$1.32B	4.1×	-1.4×	Dec 27, 2003
2002	$5.86B	$1.06B	5.6×	-0.4×	Dec 28, 2002
2001	$5.51B	$929.40M	5.9×	—	Dec 29, 2001


V.F. (VFC)	3.5×
Carnival Corporation (CCL)	3.3×
Genuine Parts (GPC)	3.3×
Lululemon Athletica (LULU)	3.1×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
Alibaba (BABA)	1.9×
Li Auto (LI)	1.8×
PulteGroup (PHM)	1.7×
Amcor (AMCR)	1.7×
D.R. Horton (DHI)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Sonoco Products (SON)	1.5×
Leggett & Platt (LEG)	1.3×
International Paper (IP)	1.3×
Lennar (LEN)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
Smurfit Westrock (SW)	1.1×
General Motors (GM)	1.1×
Mohawk Industries (MHK)	0.7×

P/B Ratio for Avery Dennison (AVY)

P/B Ratio daily chart for Avery Dennison (AVY)

Historical P/B Ratio for Avery Dennison (AVY) from 2001 to 2025

About P/B Ratio at Avery Dennison (AVY)

Avery Dennison P/B Ratio by Year

Avery Dennison P/B Ratio 2025: 6.3×

Avery Dennison P/B Ratio 2024: 6.5×

Avery Dennison P/B Ratio 2023: 7.6×

Avery Dennison P/B Ratio 2022: 7.2×

Avery Dennison P/B Ratio 2021: 8.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Avery Dennison (AVY) Key Financials

P/B Ratio daily chart for Avery Dennison (AVY)

Historical P/B Ratio for Avery Dennison (AVY) from 2001 to 2025

About P/B Ratio at Avery Dennison (AVY)

Avery Dennison P/B Ratio by Year

Avery Dennison P/B Ratio 2025: 6.3×

Avery Dennison P/B Ratio 2024: 6.5×

Avery Dennison P/B Ratio 2023: 7.6×

Avery Dennison P/B Ratio 2022: 7.2×

Avery Dennison P/B Ratio 2021: 8.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Avery Dennison'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 Avery Dennison?

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

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

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

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

Avery Dennison (AVY) Key Financials