Question 1

What is Fiserv's P/B ratio?

Accepted Answer

Fiserv (FISV) P/B ratio is 1.1× 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 Fiserv?

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 Fiserv specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

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

Accepted Answer

Fiserv's P/B ratio of 1.1× is below its own 5-year average of 2.6× and below the sector median of 6.0×. That places the current reading at the 0th 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 Fiserv's historical P/B ratio range?

Accepted Answer

In the available daily series, Fiserv (FISV) P/B ratio has ranged from a low of 1.1× in 2026 to a high of 14.6× in 2019. The 5-year average is 2.6× and the 5-year median is 2.3×.

Question 7

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

Accepted Answer

Fiserv (FISV) P/B ratio at the end of 2025 was 1.4×. 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 Fiserv'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	$36.07B	$25.79B	1.4×	-3.0×	Dec 31, 2025
2024	$118.88B	$27.07B	4.4×	+1.7×	Dec 31, 2024
2023	$79.79B	$29.86B	2.7×	+0.6×	Dec 31, 2023
2022	$64.27B	$30.83B	2.1×	-0.1×	Dec 31, 2022
2021	$67.46B	$30.95B	2.2×	-0.2×	Dec 31, 2021
2020	$76.18B	$32.33B	2.4×	-0.0×	Dec 31, 2020
2019	$78.62B	$32.98B	2.4×	-10.2×	Dec 31, 2019
2018	$28.84B	$2.29B	12.6×	+2.7×	Dec 31, 2018
2017	$27.06B	$2.73B	9.9×	+0.9×	Dec 31, 2017
2016	$22.90B	$2.54B	9.0×	+1.3×	Dec 31, 2016
2015	$20.61B	$2.66B	7.7×	+2.6×	Dec 31, 2015
2014	$17.06B	$3.29B	5.2×	+0.9×	Dec 31, 2014
2013	$15.16B	$3.58B	4.2×	+1.1×	Dec 31, 2013
2012	$10.54B	$3.42B	3.1×	+0.6×	Dec 31, 2012
2011	$8.23B	$3.26B	2.5×	-0.2×	Dec 31, 2011
2010	$8.67B	$3.23B	2.7×	+0.2×	Dec 31, 2010
2009	$7.45B	$3.03B	2.5×	+0.2×	Dec 31, 2009
2008	$5.75B	$2.59B	2.2×	-1.5×	Dec 31, 2008
2007	$9.11B	$2.47B	3.7×	-0.0×	Dec 31, 2007
2006	$9.03B	$2.43B	3.7×	+0.5×	Dec 31, 2006
2005	$7.94B	$2.47B	3.2×	+0.2×	Dec 31, 2005
2004	$7.84B	$2.56B	3.1×	-0.4×	Dec 31, 2004
2003	$7.67B	$2.20B	3.5×	-0.1×	Dec 31, 2003
2002	$6.51B	$1.83B	3.6×	-1.5×	Dec 31, 2002
2001	$8.07B	$1.60B	5.0×	—	Dec 31, 2001


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P/B Ratio for Fiserv (FISV)

P/B Ratio daily chart for Fiserv (FISV)

Historical P/B Ratio for Fiserv (FISV) from 2001 to 2025

About P/B Ratio at Fiserv (FISV)

Fiserv P/B Ratio by Year

Fiserv P/B Ratio 2025: 1.4×

Fiserv P/B Ratio 2024: 4.4×

Fiserv P/B Ratio 2023: 2.7×

Fiserv P/B Ratio 2022: 2.1×

Fiserv P/B Ratio 2021: 2.2×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Fiserv (FISV) Key Financials

P/B Ratio daily chart for Fiserv (FISV)

Historical P/B Ratio for Fiserv (FISV) from 2001 to 2025

About P/B Ratio at Fiserv (FISV)

Fiserv P/B Ratio by Year

Fiserv P/B Ratio 2025: 1.4×

Fiserv P/B Ratio 2024: 4.4×

Fiserv P/B Ratio 2023: 2.7×

Fiserv P/B Ratio 2022: 2.1×

Fiserv P/B Ratio 2021: 2.2×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Fiserv'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 Fiserv?

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

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

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

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

Fiserv (FISV) Key Financials