Dow Inc.
Dow Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.0 billion, down 6.97% from fiscal 2024. In the quarter to June 2026, revenue grew 19.7%, EPS grew 183.9%, free cash flow grew 169.7% and total debt rose 7.57%, each against the same quarter a year earlier. Member of the S&P 500.
Follow DOW
Dow Inc. (DOW) P/B ratio
As of 9 October 2026, Dow Inc. (DOW) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.8× (October 2025) to 3.8× (March 2021); the current reading is higher than 13% of that period. That is above the Chemicals industry median of 1.1× and below the Basic Materials sector median of 1.7×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 0.9× | (39.99%) |
| FY2024 | 1.6× | (22.57%) |
| FY2023 | 2.0× | 17.98% |
| FY2022 | 1.7× | (23.05%) |
| FY2021 | 2.3× | (28.77%) |
| FY2020 | 3.2× | 9.60% |
| FY2019 | 2.9× | 160.51% |
| FY2018 | 1.1× | 0.00% |
| FY2017 | 1.1× | 0.00% |
| FY2016 | 1.1× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.1× | (36.39%) |
| Mar 2026 | 1.8× | 88.72% |
| Dec 2025 | 0.9× | 10.91% |
| Sep 2025 | 0.9× | (15.28%) |
| 28 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| HUN Huntsman Corporation compare | 0.5× |
| TROX Tronox Holdings PLC compare | 0.5× |
| WLKP Westlake Chemical Partners LP compare | 1.0× |
| OLN Olin Corporation compare | 1.0× |
| CE Celanese Corporation compare | 1.1× |
| GPRE Green Plains, Inc. compare | 1.1× |
| DOW Dow Inc. | 1.2× |
| LXU Lsb Industries Inc. compare | 1.3× |
| REX REX American Resources Corporation compare | 1.8× |
| Chemicals industry median | 1.1× |
| Basic Materials sector median | 1.7× |
| 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 DOW
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement