Question 1

What is Colgate-Palmolive's P/B ratio?

Accepted Answer

Colgate-Palmolive (CL) P/B ratio is 508.8× as of July 22, 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 Colgate-Palmolive?

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 Colgate-Palmolive specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Colgate-Palmolive's P/B ratio high or low?

Accepted Answer

Colgate-Palmolive's P/B ratio of 508.8× is above its own 5-year average of 287.0× and above the sector median of 3.4×. That places the current reading at the 90th 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 Colgate-Palmolive's historical P/B ratio range?

Accepted Answer

In the available daily series, Colgate-Palmolive (CL) P/B ratio has ranged from a low of 12.9× in 2009 to a high of 1477.4× in 2026. The 5-year average is 287.0× and the 5-year median is 195.1×.

Question 7

What was Colgate-Palmolive's P/B ratio in 2025?

Accepted Answer

Colgate-Palmolive (CL) P/B ratio at the end of 2025 was 1177.5×. 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 Colgate-Palmolive'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	$63.6B	$54M	1177.5×	+826.9×	Dec 31, 2025
2024	$74.3B	$212M	350.6×	+242.9×	Dec 31, 2024
2023	$65.6B	$609M	107.8×	-55.8×	Dec 31, 2023
2022	$65.6B	$401M	163.6×	+45.6×	Dec 31, 2022
2021	$71.9B	$609M	118.0×	+19.7×	Dec 31, 2021
2020	$73B	$743M	98.3×	-405.8×	Dec 31, 2020
2019	$59B	$117M	504.1×	—	Dec 31, 2019
2018	$51.6B	-$102M	—	—	Dec 31, 2018
2017	$66.2B	-$60M	—	—	Dec 31, 2017
2016	$58.1B	-$243M	—	—	Dec 31, 2016
2015	$59.7B	-$299M	—	—	Dec 31, 2015
2014	$63B	$1.15B	55.1×	+28.9×	Dec 31, 2014
2013	$60.4B	$2.31B	26.2×	+3.6×	Dec 31, 2013
2012	$49.3B	$2.19B	22.5×	+3.7×	Dec 31, 2012
2011	$44.7B	$2.38B	18.8×	+4.4×	Dec 31, 2011
2010	$38.7B	$2.68B	14.5×	+1.4×	Dec 31, 2010
2009	$40.9B	$3.12B	13.1×	-4.8×	Dec 31, 2009
2008	$34.5B	$1.92B	18.0×	+0.6×	Dec 31, 2008
2007	$39.7B	$2.29B	17.4×	-6.6×	Dec 31, 2007
2006	$33.9B	$1.41B	24.0×	+2.9×	Dec 31, 2006
2005	$28.5B	$1.35B	21.1×	-0.5×	Dec 31, 2005
2004	$27B	$1.25B	21.7×	-8.7×	Dec 31, 2004
2003	$26.9B	$887M	30.3×	-50.6×	Dec 31, 2003
2002	$28.4B	$350M	81.0×	—	Dec 31, 2002


Albertsons Companies (ACI)	5.0×
Coca-Cola Europacific Partners (CCEP)	4.4×
Marzetti (MZTI)	3.6×
Lamb Weston (LW)	3.6×
Target (TGT)	3.6×
Tootsie Roll Industries (TR)	3.4×
Kenvue (KVUE)	3.1×
Brown-Forman (BF-B)	2.9×
Mondelez International (MDLZ)	2.9×
Dollar General (DG)	2.9×
Constellation Brands (STZ)	2.8×
Performance Food Group (PFGC)	2.7×
General Mills (GIS)	2.5×
J. M. Smucker (SJM)	1.9×
McCormick & Company (MKC)	1.8×
Archer-Daniels-Midland (ADM)	1.5×
Bunge Global S.A. (BG)	1.5×
Campbell Soup (CPB)	1.5×
Hormel Foods (HRL)	1.5×
Keurig Dr Pepper (KDP)	1.4×
Tyson Foods (TSN)	1.2×
Conagra Brands (CAG)	1.0×
Universal Corporation (UVV)	0.9×
Molson Coors Beverage (TAP)	0.8×
Kraft Heinz (KHC)	0.6×

P/B Ratio for Colgate-Palmolive (CL) 2002-2026

P/B Ratio daily chart for Colgate-Palmolive (CL)

Historical P/B Ratio for Colgate-Palmolive (CL) from 2002 to 2025

About P/B Ratio at Colgate-Palmolive (CL)

Colgate-Palmolive P/B Ratio by Year

Colgate-Palmolive P/B Ratio 2025: 1177.5×

Colgate-Palmolive P/B Ratio 2024: 350.6×

Colgate-Palmolive P/B Ratio 2023: 107.8×

Colgate-Palmolive P/B Ratio 2022: 163.6×

Colgate-Palmolive P/B Ratio 2021: 118.0×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Colgate-Palmolive (CL) Key Financials