Question 1

What is Campbell Soup's P/B ratio?

Accepted Answer

Campbell Soup (CPB) P/B ratio is 1.6× 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 Campbell Soup?

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 Campbell Soup specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Campbell Soup's P/B ratio high or low?

Accepted Answer

Campbell Soup's P/B ratio of 1.6× is below its own 5-year average of 3.6× and below the sector median of 3.4×. That places the current reading at the 4th 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 Campbell Soup's historical P/B ratio range?

Accepted Answer

In the available daily series, Campbell Soup (CPB) P/B ratio has ranged from a low of 1.5× in 2026 to a high of 2956.1× in 2002. The 5-year average is 3.6× and the 5-year median is 3.7×.

Question 7

What was Campbell Soup's P/B ratio in 2025?

Accepted Answer

Campbell Soup (CPB) P/B ratio at the end of 2025 was 2.5×. 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 Campbell Soup'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	$9.62B	$3.90B	2.5×	-1.2×	Aug 3, 2025
2024	$13.96B	$3.79B	3.7×	-0.0×	Jul 31, 2024
2023	$13.65B	$3.66B	3.7×	-0.7×	Jul 31, 2023
2022	$14.77B	$3.33B	4.4×	+0.2×	Jul 31, 2022
2021	$13.25B	$3.15B	4.2×	-1.6×	Jul 31, 2021
2020	$14.97B	$2.56B	5.8×	-5.4×	Jul 31, 2020
2019	$12.44B	$1.10B	11.3×	+2.3×	Jul 31, 2019
2018	$12.31B	$1.36B	9.0×	-0.8×	Jul 31, 2018
2017	$16.01B	$1.64B	9.8×	-2.8×	Jul 31, 2017
2016	$19.11B	$1.52B	12.5×	+1.5×	Jul 31, 2016
2015	$15.29B	$1.38B	11.1×	+3.0×	Jul 31, 2015
2014	$13.06B	$1.61B	8.1×	-4.0×	Jul 31, 2014
2013	$14.70B	$1.22B	12.1×	+0.5×	Jul 31, 2013
2012	$10.43B	$898.00M	11.6×	+1.7×	Jul 31, 2012
2011	$10.74B	$1.09B	9.9×	-3.3×	Jul 31, 2011
2010	$12.21B	$926.00M	13.2×	-1.8×	Jul 31, 2010
2009	$10.92B	$728.00M	15.0×	+4.7×	Jul 31, 2009
2008	$13.57B	$1.32B	10.3×	-0.7×	Jul 31, 2008
2007	$14.22B	$1.29B	11.0×	+2.5×	Jul 31, 2007
2006	$14.93B	$1.77B	8.4×	-1.4×	Jul 31, 2006
2005	$12.56B	$1.27B	9.9×	-2.1×	Jul 31, 2005
2004	$10.47B	$874.00M	12.0×	-13.7×	Jul 31, 2004
2003	$9.93B	$387.00M	25.6×	—	Jul 31, 2003
2002	$9.55B	−$114.00M	—	—	Jul 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×
Constellation Brands (STZ)	3.4×
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×
Performance Food Group (PFGC)	2.7×
McCormick & Company (MKC)	2.7×
General Mills (GIS)	2.6×
J. M. Smucker (SJM)	2.1×
Andersons (ANDE)	1.9×
Archer-Daniels-Midland (ADM)	1.5×
Bunge Global S.A. (BG)	1.5×
Hormel Foods (HRL)	1.5×
Keurig Dr Pepper (KDP)	1.4×
Tyson Foods (TSN)	1.2×
Conagra Brands (CAG)	1.1×
Universal Corporation (UVV)	0.9×
Molson Coors Beverage (TAP)	0.8×
Kraft Heinz (KHC)	0.6×

P/B Ratio for Campbell Soup (CPB)

P/B Ratio daily chart for Campbell Soup (CPB)

Historical P/B Ratio for Campbell Soup (CPB) from 2002 to 2025

About P/B Ratio at Campbell Soup (CPB)

Campbell Soup P/B Ratio by Year

Campbell Soup P/B Ratio 2025: 2.5×

Campbell Soup P/B Ratio 2024: 3.7×

Campbell Soup P/B Ratio 2023: 3.7×

Campbell Soup P/B Ratio 2022: 4.4×

Campbell Soup P/B Ratio 2021: 4.2×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Campbell Soup (CPB) Key Financials

P/B Ratio daily chart for Campbell Soup (CPB)

Historical P/B Ratio for Campbell Soup (CPB) from 2002 to 2025

About P/B Ratio at Campbell Soup (CPB)

Campbell Soup P/B Ratio by Year

Campbell Soup P/B Ratio 2025: 2.5×

Campbell Soup P/B Ratio 2024: 3.7×

Campbell Soup P/B Ratio 2023: 3.7×

Campbell Soup P/B Ratio 2022: 4.4×

Campbell Soup P/B Ratio 2021: 4.2×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Campbell Soup'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 Campbell Soup?

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

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

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

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

Campbell Soup (CPB) Key Financials