Question 1

What is Leggett & Platt's P/B ratio?

Accepted Answer

Leggett & Platt (LEG) P/B ratio is 1.4× 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 Leggett & Platt?

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 Leggett & Platt specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Leggett & Platt's P/B ratio high or low?

Accepted Answer

Leggett & Platt's P/B ratio of 1.4× is below its own 5-year average of 2.4× and below the sector median of 4.2×. That places the current reading at the 7th 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 Leggett & Platt's historical P/B ratio range?

Accepted Answer

In the available daily series, Leggett & Platt (LEG) P/B ratio has ranged from a low of 1.1× in 2024 to a high of 6.6× in 2016. The 5-year average is 2.4× and the 5-year median is 2.5×.

Question 7

What was Leggett & Platt's P/B ratio in 2025?

Accepted Answer

Leggett & Platt (LEG) P/B ratio at the end of 2025 was 1.5×. 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 Leggett & Platt'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	$1.54B	$1.02B	1.5×	-0.4×	Dec 31, 2025
2024	$1.32B	$689.40M	1.9×	-0.8×	Dec 31, 2024
2023	$3.57B	$1.33B	2.7×	+0.0×	Dec 31, 2023
2022	$4.38B	$1.64B	2.7×	-0.7×	Dec 31, 2022
2021	$5.62B	$1.65B	3.4×	-0.9×	Dec 31, 2021
2020	$6.02B	$1.39B	4.3×	-0.9×	Dec 31, 2020
2019	$6.87B	$1.31B	5.2×	+1.1×	Dec 31, 2019
2018	$4.80B	$1.16B	4.1×	-1.3×	Dec 31, 2018
2017	$6.47B	$1.19B	5.4×	-0.7×	Dec 31, 2017
2016	$6.71B	$1.09B	6.1×	+0.8×	Dec 31, 2016
2015	$5.88B	$1.10B	5.4×	+0.2×	Dec 31, 2015
2014	$6.01B	$1.15B	5.2×	+2.0×	Dec 31, 2014
2013	$4.46B	$1.40B	3.2×	+0.4×	Dec 31, 2013
2012	$3.95B	$1.44B	2.7×	+0.2×	Dec 31, 2012
2011	$3.29B	$1.30B	2.5×	+0.3×	Dec 31, 2011
2010	$3.42B	$1.51B	2.3×	+0.3×	Dec 31, 2010
2009	$3.11B	$1.55B	2.0×	+0.5×	Dec 31, 2009
2008	$2.45B	$1.65B	1.5×	+0.1×	Dec 31, 2008
2007	$3.02B	$2.13B	1.4×	-0.4×	Dec 31, 2007
2006	$4.37B	$2.35B	1.9×	-0.1×	Dec 31, 2006
2005	$4.30B	$2.25B	1.9×	-0.5×	Dec 31, 2005
2004	$5.53B	$2.31B	2.4×	+0.4×	Dec 31, 2004
2003	$4.20B	$2.11B	2.0×	-0.3×	Dec 31, 2003
2002	$4.43B	$1.98B	2.2×	-0.2×	Dec 31, 2002
2001	$4.59B	$1.87B	2.5×	—	Dec 31, 2001


Norwegian Cruise Line (NCLH)	3.5×
V.F. (VFC)	3.5×
Carnival Corporation (CCL)	3.3×
Genuine Parts (GPC)	3.3×
Lululemon Athletica (LULU)	3.1×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
Alibaba (BABA)	1.9×
Li Auto (LI)	1.8×
PulteGroup (PHM)	1.7×
Amcor (AMCR)	1.7×
D.R. Horton (DHI)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Sonoco Products (SON)	1.5×
International Paper (IP)	1.3×
Lennar (LEN)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
Smurfit Westrock (SW)	1.1×
General Motors (GM)	1.1×
Mohawk Industries (MHK)	0.7×

P/B Ratio for Leggett & Platt (LEG)

P/B Ratio daily chart for Leggett & Platt (LEG)

Historical P/B Ratio for Leggett & Platt (LEG) from 2001 to 2025

About P/B Ratio at Leggett & Platt (LEG)

Leggett & Platt P/B Ratio by Year

Leggett & Platt P/B Ratio 2025: 1.5×

Leggett & Platt P/B Ratio 2024: 1.9×

Leggett & Platt P/B Ratio 2023: 2.7×

Leggett & Platt P/B Ratio 2022: 2.7×

Leggett & Platt P/B Ratio 2021: 3.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Leggett & Platt (LEG) Key Financials

P/B Ratio daily chart for Leggett & Platt (LEG)

Historical P/B Ratio for Leggett & Platt (LEG) from 2001 to 2025

About P/B Ratio at Leggett & Platt (LEG)

Leggett & Platt P/B Ratio by Year

Leggett & Platt P/B Ratio 2025: 1.5×

Leggett & Platt P/B Ratio 2024: 1.9×

Leggett & Platt P/B Ratio 2023: 2.7×

Leggett & Platt P/B Ratio 2022: 2.7×

Leggett & Platt P/B Ratio 2021: 3.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Leggett & Platt'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 Leggett & Platt?

+Is Leggett & Platt's P/B ratio high or low?

+What is Leggett & Platt's historical P/B ratio range?

+What was Leggett & Platt's P/B ratio in 2025?

+Why does Leggett & Platt's P/B ratio change over time?

Leggett & Platt (LEG) Key Financials