Axon Enterprise, Inc AXON
430.11
(14.89)
(3.35%)
as of 25 Sep
- Market cap
- $36.2B
- P/E
- 173×
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Axon Enterprise, Inc (AXON) P/B ratio
As of 25 September 2026, Axon Enterprise, Inc (AXON) trades at a P/B ratio of 9.4×. Over the past ten years it has ranged from 4.9× (January 2016) to 24.9× (December 2024); the current reading is higher than 51% of that period. That is above the Aerospace & Defense industry median of 3.2× and above the Industrials sector median of 2.4×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 13.7× | (29.29%) |
| FY2024 | 19.3× | 67.38% |
| FY2023 | 11.6× | 22.54% |
| FY2022 | 9.4× | (4.92%) |
| FY2021 | 9.9× | 27.90% |
| FY2020 | 7.8× | (2.84%) |
| FY2019 | 8.0× | 51.17% |
| FY2018 | 5.3× | (36.85%) |
| FY2017 | 8.4× | (2.56%) |
| FY2016 | 8.6× | 45.49% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 12.3× | 27.63% |
| Mar 2026 | 9.6× | (29.57%) |
| Dec 2025 | 13.7× | (26.42%) |
| Sep 2025 | 18.6× | (21.36%) |
| 42 more quarters | Free account |
Against its own ten years
Low 4.9×
High 24.9×
Ten-year median
9.3×
Current reading's percentile
51
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| TDG Transdigm Group Incorporated compare | n/m |
| LHX L3Harris Technologies Inc compare | 2.2× |
| HEI.A Heico Corporation compare | 6.5× |
| CW Curtiss-Wright Corporation compare | 7.2× |
| WWD Woodward, Inc. compare | 7.9× |
| ESLT Elbit Systems Ltd. compare | 8.1× |
| HEI Heico Corporation compare | 8.6× |
| AXON Axon Enterprise, Inc | 9.4× |
| RKLB Rocket Lab Corporation compare | 13.3× |
| Aerospace & Defense industry median | 3.2× |
| Industrials sector median | 2.4× |
| 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 AXON
- 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