Question 1

What is Tapestry's P/B ratio?

Accepted Answer

Tapestry (TPR) P/B ratio is 42.8× 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 Tapestry?

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 Tapestry specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Tapestry's P/B ratio high or low?

Accepted Answer

Tapestry's P/B ratio of 42.8× is above its own 5-year average of 12.0× and above the sector median of 4.2×. That places the current reading at the 90th 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 Tapestry's historical P/B ratio range?

Accepted Answer

In the available daily series, Tapestry (TPR) P/B ratio has ranged from a low of 1.5× in 2020 to a high of 72.5× in 2026. The 5-year average is 12.0× and the 5-year median is 3.9×.

Question 7

What was Tapestry's P/B ratio in 2025?

Accepted Answer

Tapestry (TPR) P/B ratio at the end of 2025 was 21.1×. 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 Tapestry'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	$18.10B	$857.80M	21.1×	+17.8×	Jun 28, 2025
2024	$9.66B	$2.90B	3.3×	-1.0×	Jun 30, 2024
2023	$9.85B	$2.28B	4.3×	+1.0×	Jun 30, 2023
2022	$7.57B	$2.29B	3.3×	-0.4×	Jun 30, 2022
2021	$12.14B	$3.26B	3.7×	+2.1×	Jun 30, 2021
2020	$3.66B	$2.28B	1.6×	-1.0×	Jun 30, 2020
2019	$9.05B	$3.51B	2.6×	-1.6×	Jun 30, 2019
2018	$13.45B	$3.24B	4.1×	-0.3×	Jun 30, 2018
2017	$13.41B	$3.00B	4.5×	+0.2×	Jun 30, 2017
2016	$11.33B	$2.68B	4.2×	+0.4×	Jun 30, 2016
2015	$9.57B	$2.49B	3.8×	-0.0×	Jun 30, 2015
2014	$9.38B	$2.42B	3.9×	-2.8×	Jun 30, 2014
2013	$16.04B	$2.41B	6.7×	-1.7×	Jun 30, 2013
2012	$16.64B	$1.99B	8.4×	-3.1×	Jun 30, 2012
2011	$18.53B	$1.61B	11.5×	+4.3×	Jun 30, 2011
2010	$10.83B	$1.51B	7.2×	+2.2×	Jun 30, 2010
2009	$8.56B	$1.70B	5.0×	-1.3×	Jun 30, 2009
2008	$9.58B	$1.52B	6.3×	-2.9×	Jun 30, 2008
2007	$17.64B	$1.91B	9.2×	-0.0×	Jun 30, 2007
2006	$11.01B	$1.19B	9.3×	-3.1×	Jun 30, 2006
2005	$12.74B	$1.03B	12.3×	+1.4×	Jun 30, 2005
2004	$8.54B	$782.29M	10.9×	+0.2×	Jun 30, 2004
2003	$4.57B	$426.93M	10.7×	+1.7×	Jun 30, 2003
2002	$2.34B	$260.36M	9.0×	—	Jun 30, 2002


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×
Leggett & Platt (LEG)	1.3×
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 Tapestry (TPR)

P/B Ratio daily chart for Tapestry (TPR)

Historical P/B Ratio for Tapestry (TPR) from 2002 to 2025

About P/B Ratio at Tapestry (TPR)

Tapestry P/B Ratio by Year

Tapestry P/B Ratio 2025: 21.1×

Tapestry P/B Ratio 2024: 3.3×

Tapestry P/B Ratio 2023: 4.3×

Tapestry P/B Ratio 2022: 3.3×

Tapestry P/B Ratio 2021: 3.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Tapestry (TPR) Key Financials

P/B Ratio daily chart for Tapestry (TPR)

Historical P/B Ratio for Tapestry (TPR) from 2002 to 2025

About P/B Ratio at Tapestry (TPR)

Tapestry P/B Ratio by Year

Tapestry P/B Ratio 2025: 21.1×

Tapestry P/B Ratio 2024: 3.3×

Tapestry P/B Ratio 2023: 4.3×

Tapestry P/B Ratio 2022: 3.3×

Tapestry P/B Ratio 2021: 3.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Tapestry'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 Tapestry?

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

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

+What was Tapestry's P/B ratio in 2025?

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

Tapestry (TPR) Key Financials