BlackRock BLK

1,086.31 12.86 1.20% as of 25 Sep
Market cap
$174.4B
P/E
25.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

BlackRock (BLK) P/B ratio

As of 25 September 2026, BlackRock (BLK) trades at a P/B ratio of 2.9×. Over the past ten years it has ranged from 1.5× (March 2020) to 4.0× (August 2021); the current reading is higher than 68% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 3.0× (8.36%)
FY2024 3.2× 6.65%
FY2023 3.0× 6.63%
FY2022 2.8× (23.04%)
FY2021 3.7× 17.59%
FY2020 3.1× 34.34%
FY2019 2.3× 20.18%
FY2018 1.9× (25.08%)
FY2017 2.6× 18.89%
FY2016 2.2× 9.95%

Quarterly

Period P/B ratio Change
Jun 2026 2.6× (1.70%)
Mar 2026 2.6× (11.23%)
Dec 2025 3.0× (8.76%)
Sep 2025 3.2× (1.70%)
42 more quarters

Against its own ten years

Low 1.5× High 4.0×
Ten-year median 2.6×
Current reading's percentile 68

P/B ratio against peers

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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