Air Products and Chemicals, Inc. APD
- Market cap
- $63.4B
- P/E
- 0.0×
Follow APD
Air Products and Chemicals, Inc. (APD) P/B ratio
As of 25 September 2026, Air Products and Chemicals, Inc. (APD) trades at a P/B ratio of 3.8×. Over the past ten years it has ranged from 2.9× (October 2018) to 5.7× (September 2020); the current reading is higher than 48% of that period. That is above the Specialty Chemicals industry median of 1.8× and above the Basic Materials sector median of 1.8×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.5× | (1.32%) |
| FY2024 | 3.5× | (10.45%) |
| FY2023 | 4.0× | 5.07% |
| FY2022 | 3.8× | (6.40%) |
| FY2021 | 4.0× | (23.92%) |
| FY2020 | 5.3× | 23.37% |
| FY2019 | 4.3× | 29.10% |
| FY2018 | 3.3× | 2.06% |
| FY2017 | 3.3× | (21.92%) |
| FY2016 | 4.2× | 21.42% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 3.9× | 10.37% |
| Mar 2026 | 3.6× | 15.57% |
| Dec 2025 | 3.1× | (11.86%) |
| Sep 2025 | 3.5× | (1.03%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| DD DuPont de Nemours, Inc. compare | 1.3× |
| ALB Albemarle Corporation compare | 1.6× |
| IFF International Flavors & Fragrances Inc. compare | 1.6× |
| LYB LyondellBasell Industries N.V. compare | 1.8× |
| PPG PPG Industries, Inc. compare | 2.8× |
| APD Air Products and Chemicals, Inc. | 3.8× |
| LIN Linde PLC compare | 5.4× |
| ECL Ecolab Inc. compare | 7.8× |
| SHW The Sherwin-Williams Company compare | 20.8× |
| Specialty Chemicals industry median | 1.8× |
| Basic Materials sector median | 1.8× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on APD
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement