Dover Corporation

DOV Industrials Specialty Industrial Machinery

Dover Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.1 billion, up 4.48% from fiscal 2024. In the quarter to June 2026, revenue grew 6.85%, EPS grew 14.3%, free cash flow grew 22.7% and total debt rose 22.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

195.80 1.71 +0.88%
Market cap
$26.1B
P/E
23.4×
Fwd P/E
23.7×
Dividend yield
1.06%
F-score
6/9
Altman Z
5.27
Beneish M
−2.56
Dividend safety
86/100

Dover Corporation (DOV) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Dover Corporation (DOV) trades at a P/B ratio of 3.4×. Over the past ten years it has ranged from 1.8× (January 2016) to 6.8× (September 2021); the current reading is higher than 35% of that period. That is above the Specialty Industrial Machinery industry median of 3.0× and above the Industrials sector median of 2.2×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 3.6× (2.84%)
FY2024 3.7× (10.45%)
FY2023 4.1× (7.71%)
FY2022 4.5× (27.93%)
FY2021 6.2× 16.14%
FY2020 5.4× (2.66%)
FY2019 5.5× 43.68%
FY2018 3.8× 31.64%
FY2017 2.9× 15.69%
FY2016 2.5× 17.76%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.9× 4.43%
Mar 2026 3.8× 4.05%
Dec 2025 3.6× 20.83%
Sep 2025 3.0× (11.58%)
42 more quarters

Against its own ten years

Low 1.8× High 6.8×
Ten-year median 4.2×
Current reading's percentile 29

P/B ratio against peers

Company P/B ratio
OTIS Otis Worldwide Corporation compare n/m
XYL Xylem Inc. compare 2.4×
IR Ingersoll Rand Inc. compare 3.0×
DOV Dover Corporation 3.4×
ITT ITT Inc. compare 3.7×
IEX IDEX Corporation compare 4.4×
SYM Symbotic Inc. compare 4.4×
NDSN Nordson Corporation compare 5.5×
ROK Rockwell Automation, Inc. compare 13.5×
Specialty Industrial Machinery industry median 3.0×
Industrials sector median 2.2×
Market median 1.7×

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 →

More on DOV