Question 1

What is Keysight Technologies's P/B ratio?

Accepted Answer

Keysight Technologies (KEYS) P/B ratio is 9.0× 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 Keysight Technologies?

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

Question 5

Is Keysight Technologies's P/B ratio high or low?

Accepted Answer

Keysight Technologies's P/B ratio of 9.0× is above its own 5-year average of 6.3× and above the sector median of 6.0×. That places the current reading at the 92th 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 Keysight Technologies's historical P/B ratio range?

Accepted Answer

In the available daily series, Keysight Technologies (KEYS) P/B ratio has ranged from a low of 2.8× in 2016 to a high of 10.2× in 2026. The 5-year average is 6.3× and the 5-year median is 5.9×.

Question 7

What was Keysight Technologies's P/B ratio in 2025?

Accepted Answer

Keysight Technologies (KEYS) P/B ratio at the end of 2025 was 5.4×. 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 Keysight Technologies'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	$31.65B	$5.88B	5.4×	+0.3×	Oct 31, 2025
2024	$25.78B	$5.11B	5.0×	+0.4×	Oct 31, 2024
2023	$21.48B	$4.65B	4.6×	-2.9×	Oct 31, 2023
2022	$31.17B	$4.16B	7.5×	-1.3×	Oct 31, 2022
2021	$33.13B	$3.78B	8.8×	+2.8×	Oct 31, 2021
2020	$19.61B	$3.30B	5.9×	-0.3×	Oct 31, 2020
2019	$18.87B	$3.00B	6.3×	+1.9×	Oct 31, 2019
2018	$10.67B	$2.43B	4.4×	+0.8×	Oct 31, 2018
2017	$8.21B	$2.31B	3.6×	-0.1×	Oct 31, 2017
2016	$5.58B	$1.51B	3.7×	-0.6×	Oct 31, 2016
2015	$5.62B	$1.30B	4.3×	-2.5×	Oct 31, 2015
2014	$5.26B	$769.00M	6.8×	+3.1×	Oct 31, 2014
2013	$4.72B	$1.25B	3.8×	—	Oct 31, 2013


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P/B Ratio for Keysight Technologies (KEYS)

P/B Ratio daily chart for Keysight Technologies (KEYS)

Historical P/B Ratio for Keysight Technologies (KEYS) from 2013 to 2025

About P/B Ratio at Keysight Technologies (KEYS)

Keysight Technologies P/B Ratio by Year

Keysight Technologies P/B Ratio 2025: 5.4×

Keysight Technologies P/B Ratio 2024: 5.0×

Keysight Technologies P/B Ratio 2023: 4.6×

Keysight Technologies P/B Ratio 2022: 7.5×

Keysight Technologies P/B Ratio 2021: 8.8×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Keysight Technologies (KEYS) Key Financials

P/B Ratio daily chart for Keysight Technologies (KEYS)

Historical P/B Ratio for Keysight Technologies (KEYS) from 2013 to 2025

About P/B Ratio at Keysight Technologies (KEYS)

Keysight Technologies P/B Ratio by Year

Keysight Technologies P/B Ratio 2025: 5.4×

Keysight Technologies P/B Ratio 2024: 5.0×

Keysight Technologies P/B Ratio 2023: 4.6×

Keysight Technologies P/B Ratio 2022: 7.5×

Keysight Technologies P/B Ratio 2021: 8.8×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Keysight Technologies'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 Keysight Technologies?

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

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

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

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

Keysight Technologies (KEYS) Key Financials