Question 1

What is Leidos Holdings's P/B ratio?

Accepted Answer

Leidos Holdings (LDOS) P/B ratio is 3.2× 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 Leidos Holdings?

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

Question 5

Is Leidos Holdings's P/B ratio high or low?

Accepted Answer

Leidos Holdings's P/B ratio of 3.2× is below its own 5-year average of 3.8× and below the sector median of 6.0×. That places the current reading at the 17th 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 Leidos Holdings's historical P/B ratio range?

Accepted Answer

In the available daily series, Leidos Holdings (LDOS) P/B ratio has ranged from a low of 1.0× in 2012 to a high of 5.8× in 2024. The 5-year average is 3.8× and the 5-year median is 4.0×.

Question 7

What was Leidos Holdings's P/B ratio in 2026?

Accepted Answer

Leidos Holdings (LDOS) P/B ratio at the end of 2026 was 4.9×. 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 Leidos Holdings'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.


2026	$24.29B	$4.92B	4.9×	+0.5×	Jan 2, 2026
2025	$19.57B	$4.41B	4.4×	—	Jan 3, 2025
2023	—	—	—	—	Dec 31, 2023
2022	—	—	—	—	Dec 31, 2022
2021	$12.45B	$4.29B	2.9×	—	Dec 31, 2021
2020	—	—	—	—	Dec 31, 2020
2019	—	—	—	—	Dec 31, 2019
2018	—	—	—	—	Dec 31, 2018
2017	—	—	—	—	Dec 31, 2017
2016	—	—	—	—	Dec 31, 2016
2015	$4.05B	$1.07B	3.8×	—	Dec 31, 2015
2014	$3.63B	$1.59B	2.3×	+1.2×	Jan 31, 2014
2013	$2.78B	$2.62B	1.1×	-0.3×	Jan 31, 2013
2012	$2.90B	$2.18B	1.3×	-0.3×	Jan 31, 2012
2011	$3.95B	$2.49B	1.6×	-0.5×	Jan 31, 2011
2010	$4.79B	$2.29B	2.1×	-0.5×	Jan 31, 2010
2009	$5.31B	$2.08B	2.5×	-0.2×	Jan 31, 2009
2008	$5.22B	$1.90B	2.7×	-0.6×	Jan 31, 2008
2007	$5.15B	$1.54B	3.4×	—	Jan 31, 2007


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P/B Ratio for Leidos Holdings (LDOS)

P/B Ratio daily chart for Leidos Holdings (LDOS)

Historical P/B Ratio for Leidos Holdings (LDOS) from 2007 to 2026

About P/B Ratio at Leidos Holdings (LDOS)

Leidos Holdings P/B Ratio by Year

Leidos Holdings P/B Ratio 2026: 4.9×

Leidos Holdings P/B Ratio 2025: 4.4×

Leidos Holdings P/B Ratio 2021: 2.9×

Leidos Holdings P/B Ratio 2015: 3.8×

Leidos Holdings P/B Ratio 2014: 2.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Leidos Holdings (LDOS) Key Financials

P/B Ratio daily chart for Leidos Holdings (LDOS)

Historical P/B Ratio for Leidos Holdings (LDOS) from 2007 to 2026

About P/B Ratio at Leidos Holdings (LDOS)

Leidos Holdings P/B Ratio by Year

Leidos Holdings P/B Ratio 2026: 4.9×

Leidos Holdings P/B Ratio 2025: 4.4×

Leidos Holdings P/B Ratio 2021: 2.9×

Leidos Holdings P/B Ratio 2015: 3.8×

Leidos Holdings P/B Ratio 2014: 2.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Leidos Holdings'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 Leidos Holdings?

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

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

+What was Leidos Holdings's P/B ratio in 2026?

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

Leidos Holdings (LDOS) Key Financials