Question 1

What is Kimberly-Clark's P/B ratio?

Accepted Answer

Kimberly-Clark (KMB) P/B ratio is 20.2× 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 Kimberly-Clark?

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 Kimberly-Clark specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Kimberly-Clark's P/B ratio high or low?

Accepted Answer

Kimberly-Clark's P/B ratio of 20.2× is below its own 5-year average of 58.0× and above 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 Kimberly-Clark's historical P/B ratio range?

Accepted Answer

In the available daily series, Kimberly-Clark (KMB) P/B ratio has ranged from a low of 3.7× in 2003 to a high of 734.8× in 2015. The 5-year average is 58.0× and the 5-year median is 55.5×.

Question 7

What was Kimberly-Clark's P/B ratio in 2025?

Accepted Answer

Kimberly-Clark (KMB) P/B ratio at the end of 2025 was 22.4×. 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 Kimberly-Clark'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	$33.6B	$1.5B	22.4×	-29.7×	Dec 31, 2025
2024	$43.7B	$840M	52.0×	+7.3×	Dec 31, 2024
2023	$41B	$915M	44.8×	-39.0×	Dec 31, 2023
2022	$45.8B	$547M	83.7×	-9.9×	Dec 31, 2022
2021	$48.1B	$514M	93.6×	+20.7×	Dec 31, 2021
2020	$45.7B	$626M	73.0×	—	Dec 31, 2020
2019	$47B	-$33M	—	—	Dec 31, 2019
2018	$39.3B	-$287M	—	—	Dec 31, 2018
2017	$42.3B	$629M	67.2×	—	Dec 31, 2017
2016	$40.9B	-$102M	—	—	Dec 31, 2016
2015	$46.1B	-$174M	—	—	Dec 31, 2015
2014	$42.4B	$729M	58.2×	+50.3×	Dec 31, 2014
2013	$38.3B	$4.86B	7.9×	+1.9×	Dec 31, 2013
2012	$31.5B	$5.29B	6.0×	+0.7×	Dec 31, 2012
2011	$27.8B	$5.25B	5.3×	+1.1×	Dec 31, 2011
2010	$24.6B	$5.92B	4.2×	-0.5×	Dec 31, 2010
2009	$25.3B	$5.41B	4.7×	-0.6×	Dec 31, 2009
2008	$20.7B	$3.88B	5.3×	-0.0×	Dec 31, 2008
2007	$28B	$5.22B	5.4×	+0.5×	Dec 31, 2007
2006	$29.9B	$6.1B	4.9×	+0.2×	Dec 31, 2006
2005	$26.2B	$5.56B	4.7×	+0.2×	Dec 31, 2005
2004	$30.2B	$6.63B	4.6×	+0.4×	Dec 31, 2004
2003	$27.8B	$6.77B	4.1×	+0.1×	Dec 31, 2003
2002	$22.8B	$5.65B	4.0×	—	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 Kimberly-Clark (KMB) 2002-2026

P/B Ratio daily chart for Kimberly-Clark (KMB)

Historical P/B Ratio for Kimberly-Clark (KMB) from 2002 to 2025

About P/B Ratio at Kimberly-Clark (KMB)

Kimberly-Clark P/B Ratio by Year

Kimberly-Clark P/B Ratio 2025: 22.4×

Kimberly-Clark P/B Ratio 2024: 52.0×

Kimberly-Clark P/B Ratio 2023: 44.8×

Kimberly-Clark P/B Ratio 2022: 83.7×

Kimberly-Clark P/B Ratio 2021: 93.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Kimberly-Clark (KMB) Key Financials