Question 1

What is Charles River's P/B ratio?

Accepted Answer

Charles River (CRL) P/B ratio is 3.6× 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 Charles River?

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 Charles River specifically, the relevant sector benchmark is the current sector median of 3.2×.

Question 5

Is Charles River's P/B ratio high or low?

Accepted Answer

Charles River's P/B ratio of 3.6× is below its own 5-year average of 4.0× and above the sector median of 3.2×. That places the current reading at the 64th 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 Charles River's historical P/B ratio range?

Accepted Answer

In the available daily series, Charles River (CRL) P/B ratio has ranged from a low of 1.5× in 2008 to a high of 10.1× in 2021. The 5-year average is 4.0× and the 5-year median is 3.3×.

Question 7

What was Charles River's P/B ratio in 2025?

Accepted Answer

Charles River (CRL) P/B ratio at the end of 2025 was 3.2×. 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 Charles River'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	$10B	$3.16B	3.2×	+0.4×	Dec 27, 2025
2024	$9.44B	$3.46B	2.7×	-0.6×	Dec 31, 2024
2023	$12.1B	$3.6B	3.4×	-0.4×	Dec 31, 2023
2022	$11.1B	$2.98B	3.7×	-3.8×	Dec 31, 2022
2021	$19B	$2.53B	7.5×	+1.6×	Dec 31, 2021
2020	$12.4B	$2.11B	5.9×	+1.3×	Dec 31, 2020
2019	$7.47B	$1.63B	4.6×	+0.4×	Dec 31, 2019
2018	$5.45B	$1.32B	4.1×	-0.8×	Dec 31, 2018
2017	$5.12B	$1.05B	4.9×	+0.6×	Dec 31, 2017
2016	$3.6B	$837M	4.3×	-0.8×	Dec 31, 2016
2015	$3.72B	$733M	5.1×	+0.7×	Dec 31, 2015
2014	$2.96B	$672M	4.4×	+0.5×	Dec 31, 2014
2013	$2.5B	$641M	3.9×	+0.9×	Dec 31, 2013
2012	$1.78B	$601M	3.0×	+0.5×	Dec 31, 2012
2011	$1.32B	$526M	2.5×	-0.4×	Dec 31, 2011
2010	$2.02B	$687M	2.9×	+1.3×	Dec 31, 2010
2009	$2.2B	$1.38B	1.6×	+0.1×	Dec 31, 2009
2008	$1.75B	$1.2B	1.5×	-0.9×	Dec 31, 2008
2007	$4.45B	$1.86B	2.4×	+0.6×	Dec 31, 2007
2006	$2.83B	$1.6B	1.8×	+0.1×	Dec 31, 2006
2005	$3.04B	$1.83B	1.7×	-0.4×	Dec 31, 2005
2004	$3.08B	$1.47B	2.1×	-1.7×	Dec 31, 2004
2003	$1.77B	$465M	3.8×	-2.3×	Dec 31, 2003
2002	$2.19B	$357M	6.1×	—	Dec 31, 2002


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P/B Ratio for Charles River (CRL) 2002-2026

P/B Ratio daily chart for Charles River (CRL)

Historical P/B Ratio for Charles River (CRL) from 2002 to 2025

About P/B Ratio at Charles River (CRL)

Charles River P/B Ratio by Year

Charles River P/B Ratio 2025: 3.2×

Charles River P/B Ratio 2024: 2.7×

Charles River P/B Ratio 2023: 3.4×

Charles River P/B Ratio 2022: 3.7×

Charles River P/B Ratio 2021: 7.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Charles River (CRL) Key Financials