Question 1

What is Vertiv Holdings's P/B ratio?

Accepted Answer

Vertiv Holdings (VRT) P/B ratio is 27.8× 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 Vertiv 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 Vertiv Holdings specifically, the relevant sector benchmark is the current sector median of 5.0×.

Question 5

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

Accepted Answer

Vertiv Holdings's P/B ratio of 27.8× is above its own 5-year average of 11.5× and above the sector median of 5.0×. That places the current reading at the 94th 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 Vertiv Holdings's historical P/B ratio range?

Accepted Answer

In the available daily series, Vertiv Holdings (VRT) P/B ratio has ranged from a low of 1.3× in 2018 to a high of 34.8× in 2026. The 5-year average is 11.5× and the 5-year median is 10.6×.

Question 7

What was Vertiv Holdings's P/B ratio in 2025?

Accepted Answer

Vertiv Holdings (VRT) P/B ratio at the end of 2025 was 15.7×. 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 Vertiv 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.


2025	$61.96B	$3.94B	15.7×	-1.9×	Dec 31, 2025
2024	$42.79B	$2.43B	17.6×	+8.5×	Dec 31, 2024
2023	$18.33B	$2.01B	9.1×	+5.5×	Dec 31, 2023
2022	$5.15B	$1.44B	3.6×	-2.9×	Dec 31, 2022
2021	$9.18B	$1.42B	6.5×	-5.6×	Dec 31, 2021
2020	$6.17B	$512.10M	12.0×	+10.1×	Dec 31, 2020
2019	$1.30B	$678.30M	1.9×	+0.7×	Dec 31, 2019
2018	$845.25M	$671.91M	1.3×	—	Dec 31, 2018


PACCAR (PCAR)	3.1×
Franklin Electric Co. (FELE)	3.0×
Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Fortive (FTV)	2.9×
Southwest Airlines (LUV)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.5×
Axon Enterprise (TASR)	2.4×
Builders FirstSource (BLDR)	2.3×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Delta Air Lines (DAL)	2.1×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Archer Aviation (ACHR)	1.9×
United Airlines Holdings (UAL)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
MDU Resources Group (MDU)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×
Alaska Air Group (ALK)	1.1×
Versant Media Group, Inc. Class A (VSNT)	0.7×

P/B Ratio for Vertiv Holdings (VRT)

P/B Ratio daily chart for Vertiv Holdings (VRT)

Historical P/B Ratio for Vertiv Holdings (VRT) from 2018 to 2025

About P/B Ratio at Vertiv Holdings (VRT)

Vertiv Holdings P/B Ratio by Year

Vertiv Holdings P/B Ratio 2025: 15.7×

Vertiv Holdings P/B Ratio 2024: 17.6×

Vertiv Holdings P/B Ratio 2023: 9.1×

Vertiv Holdings P/B Ratio 2022: 3.6×

Vertiv Holdings P/B Ratio 2021: 6.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Vertiv Holdings (VRT) Key Financials

P/B Ratio daily chart for Vertiv Holdings (VRT)

Historical P/B Ratio for Vertiv Holdings (VRT) from 2018 to 2025

About P/B Ratio at Vertiv Holdings (VRT)

Vertiv Holdings P/B Ratio by Year

Vertiv Holdings P/B Ratio 2025: 15.7×

Vertiv Holdings P/B Ratio 2024: 17.6×

Vertiv Holdings P/B Ratio 2023: 9.1×

Vertiv Holdings P/B Ratio 2022: 3.6×

Vertiv Holdings P/B Ratio 2021: 6.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Vertiv 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 Vertiv Holdings?

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

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

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

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

Vertiv Holdings (VRT) Key Financials