Carrier Global Corporation CARR
56.37
1.50
2.73%
as of 25 Sep
- Market cap
- $45.3B
- P/E
- 38.9×
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Carrier Global Corporation (CARR) P/B ratio
As of 25 September 2026, Carrier Global Corporation (CARR) trades at a P/B ratio of 3.5×. Over the past ten years it has ranged from 0.7× (March 2020) to 7.1× (August 2021); the current reading is higher than 7% of that period. That is above the Building Products & Equipment industry median of 3.0× and above the Industrials sector median of 2.4×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.2× | (25.15%) |
| FY2024 | 4.3× | (18.85%) |
| FY2023 | 5.2× | 20.79% |
| FY2022 | 4.3× | (34.50%) |
| FY2021 | 6.6× | 33.52% |
| FY2020 | 5.0× | 590.00% |
| FY2019 | 0.7× | 0.00% |
| FY2018 | 0.7× | 0.00% |
| FY2017 | 0.7× | — |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 4.5× | 32.34% |
| Mar 2026 | 3.4× | 6.86% |
| Dec 2025 | 3.2× | (6.64%) |
| Sep 2025 | 3.4× | (18.06%) |
| 26 more quarters | Free account |
Against its own ten years
Low 0.7×
High 7.1×
Ten-year median
4.7×
Current reading's percentile
7
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MAS Masco Corporation compare | n/m |
| OC Owens Corning Inc compare | 2.6× |
| CARR Carrier Global Corporation | 3.5× |
| SPXC SPX Technologies, Inc. compare | 3.7× |
| WMS Advanced Drainage Systems, Inc. compare | 5.6× |
| JCI Johnson Controls International plc compare | 6.8× |
| CSL Carlisle Companies Incorporated compare | 8.1× |
| LII Lennox International, Inc. compare | 10.0× |
| TT Trane Technologies plc compare | 11.6× |
| Building Products & Equipment industry median | 3.0× |
| 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 CARR
- 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