Question 1

What is Best Buy Co.'s P/B ratio?

Accepted Answer

Best Buy Co. (BBY) P/B ratio is 4.9× 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 Best Buy Co.?

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 Best Buy Co. specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Best Buy Co.'s P/B ratio high or low?

Accepted Answer

Best Buy Co.'s P/B ratio of 4.9× is below its own 5-year average of 5.9× and above the sector median of 4.2×. That places the current reading at the 5th 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 Best Buy Co.'s historical P/B ratio range?

Accepted Answer

In the available daily series, Best Buy Co. (BBY) P/B ratio has ranged from a low of 1.2× in 2012 to a high of 8.1× in 2022. The 5-year average is 5.9× and the 5-year median is 5.9×.

Question 7

What was Best Buy Co.'s P/B ratio in 2026?

Accepted Answer

Best Buy Co. (BBY) P/B ratio at the end of 2026 was 4.6×. 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 Best Buy Co.'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.


2026	$13.74B	$2.96B	4.6×	-1.9×	Jan 31, 2026
2025	$18.34B	$2.81B	6.5×	+1.2×	Feb 1, 2025
2024	$16.34B	$3.05B	5.4×	-1.4×	Feb 3, 2024
2023	$18.82B	$2.79B	6.7×	-0.9×	Jan 28, 2023
2022	$23.10B	$3.02B	7.6×	+1.5×	Jan 29, 2022
2021	$28.23B	$4.59B	6.2×	-0.2×	Jan 30, 2021
2020	$21.99B	$3.48B	6.3×	+1.6×	Feb 1, 2020
2019	$15.73B	$3.31B	4.8×	-1.0×	Feb 2, 2019
2018	$20.65B	$3.61B	5.7×	+2.8×	Feb 3, 2018
2017	$13.62B	$4.71B	2.9×	+0.7×	Jan 28, 2017
2016	$9.48B	$4.38B	2.2×	-0.3×	Jan 30, 2016
2015	$12.36B	$5.00B	2.5×	+0.4×	Jan 31, 2015
2014	$8.15B	$3.99B	2.0×	+0.3×	Feb 1, 2014
2013	$5.45B	$3.06B	1.8×	-0.4×	Feb 2, 2013
2012	$8.32B	$3.75B	2.2×	+0.3×	Mar 3, 2012
2011	$12.55B	$6.60B	1.9×	-0.5×	Feb 26, 2011
2010	$15.34B	$6.32B	2.4×	-0.1×	Feb 27, 2010
2009	$11.97B	$4.64B	2.6×	-1.4×	Feb 28, 2009
2008	$17.69B	$4.48B	3.9×	+0.4×	Mar 1, 2008
2007	$22.19B	$6.20B	3.6×	-1.4×	Mar 3, 2007
2006	$26.19B	$5.26B	5.0×	+1.2×	Feb 25, 2006
2005	$16.92B	$4.45B	3.8×	-1.2×	Feb 26, 2005
2004	$17.28B	$3.42B	5.1×	+1.6×	Feb 28, 2004
2003	$9.36B	$2.73B	3.4×	-2.3×	Mar 1, 2003
2002	$14.51B	$2.52B	5.8×	—	Mar 2, 2002


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 Best Buy Co. (BBY)

P/B Ratio daily chart for Best Buy Co. (BBY)

Historical P/B Ratio for Best Buy Co. (BBY) from 2002 to 2026

About P/B Ratio at Best Buy Co. (BBY)

Best Buy Co. P/B Ratio by Year

Best Buy Co. P/B Ratio 2026: 4.6×

Best Buy Co. P/B Ratio 2025: 6.5×

Best Buy Co. P/B Ratio 2024: 5.4×

Best Buy Co. P/B Ratio 2023: 6.7×

Best Buy Co. P/B Ratio 2022: 7.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Best Buy Co. (BBY) Key Financials

P/B Ratio daily chart for Best Buy Co. (BBY)

Historical P/B Ratio for Best Buy Co. (BBY) from 2002 to 2026

About P/B Ratio at Best Buy Co. (BBY)

Best Buy Co. P/B Ratio by Year

Best Buy Co. P/B Ratio 2026: 4.6×

Best Buy Co. P/B Ratio 2025: 6.5×

Best Buy Co. P/B Ratio 2024: 5.4×

Best Buy Co. P/B Ratio 2023: 6.7×

Best Buy Co. P/B Ratio 2022: 7.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Best Buy Co.'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 Best Buy Co.?

+Is Best Buy Co.'s P/B ratio high or low?

+What is Best Buy Co.'s historical P/B ratio range?

+What was Best Buy Co.'s P/B ratio in 2026?

+Why does Best Buy Co.'s P/B ratio change over time?

Best Buy Co. (BBY) Key Financials