Question 1

What is J. M. Smucker's P/B ratio?

Accepted Answer

J. M. Smucker (SJM) P/B ratio is 2.3× 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 J. M. Smucker?

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 J. M. Smucker specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is J. M. Smucker's P/B ratio high or low?

Accepted Answer

J. M. Smucker's P/B ratio of 2.3× is above its own 5-year average of 1.8× and below the sector median of 3.4×. That places the current reading at the 100th 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 J. M. Smucker's historical P/B ratio range?

Accepted Answer

In the available daily series, J. M. Smucker (SJM) P/B ratio has ranged from a low of 0.8× in 2009 to a high of 3.0× in 2002. The 5-year average is 1.8× and the 5-year median is 1.8×.

Question 7

What was J. M. Smucker's P/B ratio in 2026?

Accepted Answer

J. M. Smucker (SJM) P/B ratio at the end of 2026 was 1.9×. 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 J. M. Smucker'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	$10.5B	$5.54B	1.9×	-0.1×	Apr 30, 2026
2025	$12.4B	$6.08B	2.0×	+0.4×	Apr 30, 2025
2024	$12.2B	$7.69B	1.6×	-0.7×	Apr 30, 2024
2023	$16.6B	$7.29B	2.3×	+0.5×	Apr 30, 2023
2022	$14.7B	$8.14B	1.8×	+0.1×	Apr 30, 2022
2021	$14.3B	$8.12B	1.8×	+0.2×	Apr 30, 2021
2020	$13.1B	$8.19B	1.6×	-0.2×	Apr 30, 2020
2019	$13.9B	$7.97B	1.7×	+0.1×	Apr 30, 2019
2018	$13B	$7.89B	1.6×	-0.5×	Apr 30, 2018
2017	$14.5B	$6.85B	2.1×	-0.0×	Apr 30, 2017
2016	$15.1B	$7.01B	2.2×	+0.4×	Apr 30, 2016
2015	$12.7B	$7.09B	1.8×	-0.2×	Apr 30, 2015
2014	$9.91B	$5.03B	2.0×	-0.2×	Apr 30, 2014
2013	$11.1B	$5.15B	2.1×	+0.4×	Apr 30, 2013
2012	$8.87B	$5.16B	1.7×	+0.1×	Apr 30, 2012
2011	$8.68B	$5.29B	1.6×	+0.3×	Apr 30, 2011
2010	$7.27B	$5.33B	1.4×	+0.6×	Apr 30, 2010
2009	$3.93B	$4.94B	0.8×	-0.8×	Apr 30, 2009
2008	$2.81B	$1.8B	1.6×	-0.2×	Apr 30, 2008
2007	$3.15B	$1.8B	1.8×	+0.5×	Apr 30, 2007
2006	$2.26B	$1.73B	1.3×	-0.4×	Apr 30, 2006
2005	$2.87B	$1.69B	1.7×	-0.4×	Apr 30, 2005
2004	$2.6B	$1.21B	2.1×	+0.6×	Apr 30, 2004
2003	$1.76B	$1.12B	1.6×	-1.4×	Apr 30, 2003
2002	$833M	$280M	3.0×	—	Apr 30, 2002


Church & Dwight Co. (CHD)	5.3×
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×
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 J. M. Smucker (SJM) 2002-2026

P/B Ratio daily chart for J. M. Smucker (SJM)

Historical P/B Ratio for J. M. Smucker (SJM) from 2002 to 2026

About P/B Ratio at J. M. Smucker (SJM)

J. M. Smucker P/B Ratio by Year

J. M. Smucker P/B Ratio 2026: 1.9×

J. M. Smucker P/B Ratio 2025: 2.0×

J. M. Smucker P/B Ratio 2024: 1.6×

J. M. Smucker P/B Ratio 2023: 2.3×

J. M. Smucker P/B Ratio 2022: 1.8×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

J. M. Smucker (SJM) Key Financials