Baxter International Inc. BAX

23.37 (0.11) (0.47%) as of 25 Sep
Market cap
$12.2B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Baxter International Inc. (BAX) P/B ratio

As of 25 September 2026, Baxter International Inc. (BAX) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.2× (November 2025) to 6.2× (April 2020); the current reading is higher than 9% of that period. That is below the Medical Instruments & Supplies industry median of 2.8× and below the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.6× (24.12%)
FY2024 2.1× (8.80%)
FY2023 2.3× (46.80%)
FY2022 4.4× (7.63%)
FY2021 4.7× 0.94%
FY2020 4.7× (12.99%)
FY2019 5.4× 20.39%
FY2018 4.5× 11.68%
FY2017 4.0× 36.53%
FY2016 2.9× 24.49%

Quarterly

Period P/B ratio Change
Jun 2026 1.8× 24.04%
Mar 2026 1.4× (10.48%)
Dec 2025 1.6× (0.97%)
Sep 2025 1.6× (23.83%)
42 more quarters

Against its own ten years

Low 1.2× High 6.2×
Ten-year median 3.6×
Current reading's percentile 9

P/B ratio against peers

Company P/B ratio
BLCO Bausch + Lomb Corporation compare 0.9×
COO The Cooper Companies, Inc. compare 1.3×
AVTR Avantor, Inc. compare 1.8×
BAX Baxter International Inc. 2.0×
ALGN Align Technology, Inc. compare 2.5×
ATR AptarGroup, Inc. compare 3.0×
STVN Stevanato Group S.p.A. compare 3.2×
SOLV Solventum Corporation compare 3.2×
RGEN Repligen Corporation compare 5.1×
Medical Instruments & Supplies industry median 2.8×
Healthcare sector median 2.5×
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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