Air Products and Chemicals, Inc. APD

281.76 (2.73) (0.96%) as of 25 Sep
Market cap
$63.4B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 2.9× High 5.7×
Ten-year median 3.8×
Current reading's percentile 48

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))

The full definition of P/B ratio →

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