Baxter International Inc. BAX
23.37
(0.11)
(0.47%)
as of 25 Sep
- Market cap
- $12.2B
- P/E
- 0.0×
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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 | Free account |
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))
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