Question 1

What is Brookfield's P/B ratio?

Accepted Answer

Brookfield (BN) P/B ratio is 2.2× 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 Brookfield?

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 Brookfield specifically, the relevant sector benchmark is the current sector median of 1.7×.

Question 5

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

Accepted Answer

Brookfield's P/B ratio of 2.2× is above its own 5-year average of 1.6× and above the sector median of 1.7×. That places the current reading at the 88th 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 Brookfield's historical P/B ratio range?

Accepted Answer

In the available daily series, Brookfield (BN) P/B ratio has ranged from a low of 0.6× in 2003 to a high of 2.5× in 2026. The 5-year average is 1.6× and the 5-year median is 1.5×.

Question 7

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

Accepted Answer

Brookfield (BN) P/B ratio at the end of 2025 was 2.4×. 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 Brookfield'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	$114.80B	$47.80B	2.4×	+0.5×	Dec 31, 2025
2024	$86.65B	$45.98B	1.9×	+0.5×	Dec 31, 2024
2023	$61.80B	$45.78B	1.3×	+0.2×	Dec 31, 2023
2022	$49.54B	$43.75B	1.1×	-0.5×	Dec 31, 2022
2021	$75.39B	$46.35B	1.6×	+0.2×	Dec 31, 2021
2020	$50.06B	$35.84B	1.4×	+0.1×	Dec 31, 2020
2019	$46.72B	$35.01B	1.3×	+0.3×	Dec 31, 2019
2018	$29.47B	$29.82B	1.0×	-0.2×	Dec 31, 2018
2017	$33.52B	$28.24B	1.2×	+0.0×	Dec 31, 2017
2016	$30.57B	$26.45B	1.2×	+0.2×	Dec 31, 2016
2015	$25.20B	$25.31B	1.0×	-0.1×	Dec 31, 2015
2014	$25.37B	$23.70B	1.1×	+0.1×	Dec 31, 2014
2013	$19.82B	$20.88B	0.9×	+0.1×	Dec 31, 2013
2012	$18.65B	$22.24B	0.8×	+0.3×	Dec 31, 2012
2011	$11.85B	$20.53B	0.6×	-0.4×	Dec 31, 2011
2010	$13.41B	$14.45B	0.9×	-0.2×	Dec 31, 2010
2009	$8.64B	$7.55B	1.1×	+0.1×	Dec 31, 2009
2008	$6.00B	$5.78B	1.0×	-0.8×	Dec 31, 2008
2007	$14.15B	$7.51B	1.9×	-0.2×	Dec 31, 2007
2006	$12.92B	$6.08B	2.1×	+0.1×	Dec 31, 2006
2005	$8.94B	$4.33B	2.1×	+0.4×	Dec 31, 2005
2004	$6.45B	$3.87B	1.7×	+0.9×	Dec 31, 2004
2003	$3.57B	$4.88B	0.7×	+0.1×	Dec 31, 2003
2002	$2.40B	$3.83B	0.6×	+0.0×	Dec 31, 2002
2001	$2.13B	$3.68B	0.6×	—	Dec 31, 2001


UMB Financial (UMBF)	1.1×
RenaissanceRe Holdings (RNR)	1.1×
KeyCorp (KEY)	1.1×
Southside Bancshares (SBSI)	1.1×
Prudential Financial (PRU)	1.1×
United Bankshares (UBSI)	1.1×
Alerus Financial (ALRS)	1.0×
Capital One Financial (COF)	1.0×
Franklin Resources (BEN)	1.0×
Atlantic Union Bankshares (AUB)	1.0×
American International Group (AIG)	1.0×
Eagle Financial Services (EFSI)	1.0×
Everest Re Group (RE)	1.0×
Citizens Financial Group (CFG)	1.0×
Citigroup (C)	0.9×
Ares Capital (ARCC)	0.9×
Huntington Bancshares (HBAN)	0.9×
Auburn National Bancorporation (AUBN)	0.9×
Invesco (IVZ)	0.9×
Truist Financial (TFC)	0.9×
Everest Re Group (EG)	0.9×
PSB Holdings (PSBQ)	0.8×
Ally Financial (ALLY)	0.8×
Global Payments (GPN)	0.7×
Assured Guaranty (AGO)	0.7×

P/B Ratio for Brookfield (BN)

P/B Ratio daily chart for Brookfield (BN)

Historical P/B Ratio for Brookfield (BN) from 2001 to 2025

About P/B Ratio at Brookfield (BN)

Brookfield P/B Ratio by Year

Brookfield P/B Ratio 2025: 2.4×

Brookfield P/B Ratio 2024: 1.9×

Brookfield P/B Ratio 2023: 1.3×

Brookfield P/B Ratio 2022: 1.1×

Brookfield P/B Ratio 2021: 1.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Brookfield (BN) Key Financials

P/B Ratio daily chart for Brookfield (BN)

Historical P/B Ratio for Brookfield (BN) from 2001 to 2025

About P/B Ratio at Brookfield (BN)

Brookfield P/B Ratio by Year

Brookfield P/B Ratio 2025: 2.4×

Brookfield P/B Ratio 2024: 1.9×

Brookfield P/B Ratio 2023: 1.3×

Brookfield P/B Ratio 2022: 1.1×

Brookfield P/B Ratio 2021: 1.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Brookfield'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 Brookfield?

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

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

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

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

Brookfield (BN) Key Financials