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.

Revenue
+7.51%
EPS
+12.7%
Free cash flow
+3.58%
Total debt
+22.3%

Quarter to September 2026, against a year earlier

203.32 9.34 −4.39%
Market cap
$26.9B
P/E
23.5×
Fwd P/E
22.9×
Dividend yield
1.03%
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 5 November 2026, Dover Corporation (DOV) trades at a P/B ratio of 3.6×. Over the past ten years it has ranged from 1.8× (January 2016) to 6.8× (September 2021); the current reading is higher than 38% 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× 31.15%
FY2017 2.9× 15.69%
FY2016 2.5× 18.20%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.3× (16.21%)
Jun 2026 3.9× 4.43%
Mar 2026 3.8× 4.05%
Dec 2025 3.6× 20.83%
43 more quarters

Against its own ten years

Low 1.8× High 6.8×
Ten-year median 4.2×
Current reading's percentile 32

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 3.0×
DOV Dover Corporation 3.6×
ITT ITT Inc. compare 3.7×
SYM Symbotic Inc. compare 4.0×
IEX IDEX Corporation compare 4.1×
NDSN Nordson Corporation compare 5.3×
ROK Rockwell Automation, Inc. compare 12.1×
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