Fortive Corporation

FTV Technology Scientific & Technical Instruments

In the quarter to June 2026, revenue grew 7.91%, EPS grew 6.12%, free cash flow fell 9.82% and total debt fell 27.1%, each against the same quarter a year earlier. Member of the S&P 500.

57.79 0.01 +0.02%
Market cap
$17.5B
P/E
33.6×
Fwd P/E
30.8×
Dividend yield
0.43%
F-score
6/9
Altman Z
3.22
Beneish M
−2.71
Dividend safety
12/100

Fortive Corporation (FTV) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Fortive Corporation (FTV) trades at a P/B ratio of 2.9×. Over the past ten years it has ranged from 1.2× (March 2020) to 6.0× (July 2016); the current reading is higher than 73% of that period. That is in line with the Scientific & Technical Instruments industry median of 2.9× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× 46.55%
FY2024 1.9× 4.12%
FY2023 1.9× 4.36%
FY2022 1.8× (15.50%)
FY2021 2.1× 4.86%
FY2020 2.0× (8.19%)
FY2019 2.2× 1.42%
FY2018 2.2× (48.16%)
FY2017 4.2× (4.31%)
FY2016 4.4× 68.97%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.1× 8.98%
Mar 2026 2.8× (0.96%)
Dec 2025 2.8× 13.99%
Sep 2025 2.5× 46.06%
42 more quarters

Against its own ten years

Low 1.2× High 6.0×
Ten-year median 2.1×
Current reading's percentile 73

P/B ratio against peers

Company P/B ratio
ST Sensata Technologies Holding N.V. compare 2.0×
TDY Teledyne Technologies Incorporated compare 2.6×
TRMB Trimble Inc. compare 2.7×
FTV Fortive Corporation 2.9×
COHR Coherent Corp. compare 3.7×
ESE ESCO Technologies Inc. compare 4.0×
MKSI MKS Inc. compare 4.9×
CGNX Cognex Corporation compare 5.6×
GRMN Garmin Ltd. compare 6.1×
Scientific & Technical Instruments industry median 2.9×
Technology sector median 2.7×
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 →

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