Fortive Corporation FTV
56.09
0.65
1.17%
as of 25 Sep
- Market cap
- $16.7B
- P/E
- 32.6×
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Fortive Corporation (FTV) P/B ratio
As of 25 September 2026, Fortive Corporation (FTV) trades at a P/B ratio of 2.8×. Over the past ten years it has ranged from 1.2× (March 2020) to 6.0× (July 2016); the current reading is higher than 70% of that period. That is below the Scientific & Technical Instruments industry median of 3.0× and below the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 1.2×
High 6.0×
Ten-year median
2.1×
Current reading's percentile
70
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| ST Sensata Technologies Holding N.V. compare | 2.1× |
| TDY Teledyne Technologies Incorporated compare | 2.6× |
| TRMB Trimble Inc. compare | 2.6× |
| FTV Fortive Corporation | 2.8× |
| NOVT Novanta Inc. compare | 3.7× |
| ESE ESCO Technologies Inc. compare | 4.3× |
| MKSI MKS Inc. compare | 5.9× |
| CGNX Cognex Corporation compare | 6.0× |
| GRMN Garmin Ltd. compare | 6.3× |
| Scientific & Technical Instruments industry median | 3.0× |
| Technology sector median | 3.0× |
| 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 FTV
- Revenue
- Net income
- 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
- 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
- The full statement