Garmin Ltd. GRMN
294.14
(0.90)
(0.31%)
as of 25 Sep
- Market cap
- $57.3B
- P/E
- 30.2×
Follow GRMN
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
Garmin Ltd. (GRMN) P/B ratio
As of 25 September 2026, Garmin Ltd. (GRMN) trades at a P/B ratio of 6.3×. Over the past ten years it has ranged from 1.8× (January 2016) to 6.7× (August 2026); the current reading is higher than 99% of that period. That is above the Scientific & Technical Instruments industry median of 3.0× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 4.4× | (13.79%) |
| FY2024 | 5.0× | 46.11% |
| FY2023 | 3.5× | 18.96% |
| FY2022 | 2.9× | (32.16%) |
| FY2021 | 4.3× | 3.25% |
| FY2020 | 4.1× | 7.23% |
| FY2019 | 3.9× | 34.73% |
| FY2018 | 2.9× | (1.16%) |
| FY2017 | 2.9× | 6.83% |
| FY2016 | 2.7× | 28.29% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 5.1× | 5.22% |
| Mar 2026 | 4.8× | 10.81% |
| Dec 2025 | 4.4× | (22.15%) |
| Sep 2025 | 5.6× | 13.02% |
| 42 more quarters | Free account |
Against its own ten years
Low 1.8×
High 6.7×
Ten-year median
3.4×
Current reading's percentile
99
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| TDY Teledyne Technologies Incorporated compare | 2.6× |
| TRMB Trimble Inc. compare | 2.6× |
| FTV Fortive Corporation compare | 2.8× |
| ESE ESCO Technologies Inc. compare | 4.3× |
| COHR Coherent Corp. compare | 4.7× |
| MKSI MKS Inc. compare | 5.9× |
| CGNX Cognex Corporation compare | 6.0× |
| GRMN Garmin Ltd. | 6.3× |
| KEYS Keysight Technologies Inc. compare | 9.4× |
| 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 GRMN
- 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