Question 1

What is Seagate Technology's P/B ratio?

Accepted Answer

Seagate Technology (STX) P/B ratio is 177.2× 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 Seagate Technology?

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 Seagate Technology specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Seagate Technology's P/B ratio high or low?

Accepted Answer

Seagate Technology's P/B ratio of 177.2× is above its own 5-year average of 74.0× and above the sector median of 6.0×. That places the current reading at the 85th 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 Seagate Technology's historical P/B ratio range?

Accepted Answer

In the available daily series, Seagate Technology (STX) P/B ratio has ranged from a low of 1.1× in 2008 to a high of 294.7× in 2026. The 5-year average is 74.0× and the 5-year median is 47.5×.

Question 7

What was Seagate Technology's P/B ratio in 2022?

Accepted Answer

Seagate Technology (STX) P/B ratio at the end of 2022 was 139.6×. 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 Seagate Technology'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	$29.99B	−$453.00M	—	—	Jun 27, 2025
2024	$21.69B	−$1.49B	—	—	Jun 28, 2024
2023	$12.81B	−$1.20B	—	—	Jun 30, 2023
2022	$15.22B	$109.00M	139.6×	+107.8×	Jun 30, 2022
2021	$20.05B	$631.00M	31.8×	+24.8×	Jun 30, 2021
2020	$12.44B	$1.79B	7.0×	+0.9×	Jun 30, 2020
2019	$13.07B	$2.16B	6.0×	-3.7×	Jun 30, 2019
2018	$16.21B	$1.67B	9.7×	+1.4×	Jun 30, 2018
2017	$11.39B	$1.36B	8.4×	+3.8×	Jun 30, 2017
2016	$7.28B	$1.59B	4.6×	-0.5×	Jun 30, 2016
2015	$15.34B	$3.02B	5.1×	-1.5×	Jun 30, 2015
2014	$18.52B	$2.83B	6.5×	+1.9×	Jun 30, 2014
2013	$16.32B	$3.50B	4.7×	+1.8×	Jun 30, 2013
2012	$10.16B	$3.50B	2.9×	-0.0×	Jun 30, 2012
2011	$7.18B	$2.46B	2.9×	+0.6×	Jun 30, 2011
2010	$6.40B	$2.72B	2.4×	-1.0×	Jun 30, 2010
2009	$5.14B	$1.52B	3.4×	+1.4×	Jun 30, 2009
2008	$9.22B	$4.59B	2.0×	-0.5×	Jun 30, 2008
2007	$11.76B	$4.74B	2.5×	+0.0×	Jun 30, 2007
2006	$12.75B	$5.21B	2.4×	-1.1×	Jun 30, 2006
2005	$8.95B	$2.54B	3.5×	+0.0×	Jun 30, 2005
2004	$6.52B	$1.85B	3.5×	-3.0×	Jun 30, 2004
2003	$8.58B	$1.32B	6.5×	-0.7×	Jun 30, 2003
2002	$4.62B	$641.00M	7.2×	—	Jun 30, 2002


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P/B Ratio for Seagate Technology (STX)

P/B Ratio daily chart for Seagate Technology (STX)

Historical P/B Ratio for Seagate Technology (STX) from 2002 to 2025

About P/B Ratio at Seagate Technology (STX)

Seagate Technology P/B Ratio by Year

Seagate Technology P/B Ratio 2022: 139.6×

Seagate Technology P/B Ratio 2021: 31.8×

Seagate Technology P/B Ratio 2020: 7.0×

Seagate Technology P/B Ratio 2019: 6.0×

Seagate Technology P/B Ratio 2018: 9.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Seagate Technology (STX) Key Financials

P/B Ratio daily chart for Seagate Technology (STX)

Historical P/B Ratio for Seagate Technology (STX) from 2002 to 2025

About P/B Ratio at Seagate Technology (STX)

Seagate Technology P/B Ratio by Year

Seagate Technology P/B Ratio 2022: 139.6×

Seagate Technology P/B Ratio 2021: 31.8×

Seagate Technology P/B Ratio 2020: 7.0×

Seagate Technology P/B Ratio 2019: 6.0×

Seagate Technology P/B Ratio 2018: 9.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Seagate Technology'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 Seagate Technology?

+Is Seagate Technology's P/B ratio high or low?

+What is Seagate Technology's historical P/B ratio range?

+What was Seagate Technology's P/B ratio in 2022?

+Why does Seagate Technology's P/B ratio change over time?

Seagate Technology (STX) Key Financials