Question 1

What is Boeing's P/B ratio?

Accepted Answer

Boeing (BA) P/B ratio is 29.4× 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 Boeing?

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 Boeing specifically, the relevant sector benchmark is the current sector median of 5.0×.

Question 5

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

Accepted Answer

Boeing's P/B ratio of 29.4× is above its own 5-year average of 28.9× and above the sector median of 5.0×. That places the current reading at the 13th 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 Boeing's historical P/B ratio range?

Accepted Answer

In the available daily series, Boeing (BA) P/B ratio has ranged from a low of 2.5× in 2002 to a high of 1776.1× in 2019. The 5-year average is 28.9× and the 5-year median is 28.9×.

Question 7

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

Accepted Answer

Boeing (BA) P/B ratio at the end of 2025 was 30.6×. 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 Boeing'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	$166.77B	$5.45B	30.6×	—	Dec 31, 2025
2024	$127.10B	−$3.91B	—	—	Dec 31, 2024
2023	$149.88B	−$17.23B	—	—	Dec 31, 2023
2022	$113.93B	−$15.88B	—	—	Dec 31, 2022
2021	$118.81B	−$15.00B	—	—	Dec 31, 2021
2020	$123.03B	−$18.32B	—	—	Dec 31, 2020
2019	$183.81B	−$8.62B	—	—	Dec 31, 2019
2018	$184.04B	$339.00M	542.9×	+47.3×	Dec 31, 2018
2017	$175.93B	$355.00M	495.6×	+377.4×	Dec 31, 2017
2016	$96.55B	$817.00M	118.2×	+102.8×	Dec 31, 2016
2015	$97.60B	$6.33B	15.4×	+4.7×	Dec 31, 2015
2014	$92.95B	$8.66B	10.7×	+3.8×	Dec 31, 2014
2013	$103.25B	$14.88B	6.9×	-2.8×	Dec 31, 2013
2012	$57.13B	$5.87B	9.7×	-5.7×	Dec 31, 2012
2011	$54.27B	$3.52B	15.4×	-1.8×	Dec 31, 2011
2010	$47.57B	$2.77B	17.2×	-1.2×	Dec 31, 2010
2009	$39.13B	$2.13B	18.4×	—	Dec 31, 2009
2008	$30.25B	−$1.29B	—	—	Dec 31, 2008
2007	$65.54B	$9.00B	7.3×	-7.1×	Dec 31, 2007
2006	$68.23B	$4.74B	14.4×	+9.5×	Dec 31, 2006
2005	$54.41B	$11.06B	4.9×	+1.3×	Dec 31, 2005
2004	$40.80B	$11.29B	3.6×	-0.6×	Dec 31, 2004
2003	$34.61B	$8.14B	4.3×	+1.1×	Dec 31, 2003
2002	$24.61B	$7.70B	3.2×	+0.3×	Dec 31, 2002
2001	$31.05B	$10.82B	2.9×	—	Dec 31, 2001


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 Boeing (BA)

P/B Ratio daily chart for Boeing (BA)

Historical P/B Ratio for Boeing (BA) from 2001 to 2025

About P/B Ratio at Boeing (BA)

Boeing P/B Ratio by Year

Boeing P/B Ratio 2025: 30.6×

Boeing P/B Ratio 2018: 542.9×

Boeing P/B Ratio 2017: 495.6×

Boeing P/B Ratio 2016: 118.2×

Boeing P/B Ratio 2015: 15.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Boeing (BA) Key Financials

P/B Ratio daily chart for Boeing (BA)

Historical P/B Ratio for Boeing (BA) from 2001 to 2025

About P/B Ratio at Boeing (BA)

Boeing P/B Ratio by Year

Boeing P/B Ratio 2025: 30.6×

Boeing P/B Ratio 2018: 542.9×

Boeing P/B Ratio 2017: 495.6×

Boeing P/B Ratio 2016: 118.2×

Boeing P/B Ratio 2015: 15.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Boeing'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 Boeing?

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

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

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

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

Boeing (BA) Key Financials