Dover Corporation DOV

191.88 3.99 2.12% as of 25 Sep
Market cap
$25.3B
P/E
22.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Dover Corporation (DOV) P/B ratio

As of 25 September 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 34% of that period. That is above the Specialty Industrial Machinery 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 3.6× (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

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 34

P/B ratio against peers

Company P/B ratio
OTIS Otis Worldwide Corporation compare n/m
XYL Xylem Inc. compare 2.3×
IR Ingersoll Rand Inc. compare 2.9×
DOV Dover Corporation 3.4×
ITT ITT Inc. compare 3.8×
IEX IDEX Corporation compare 4.2×
SYM Symbotic Inc. compare 4.9×
NDSN Nordson Corporation compare 5.6×
ROK Rockwell Automation, Inc. compare 13.8×
Specialty Industrial Machinery 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))

The full definition of P/B ratio →

More on DOV