Intuitive Surgical, Inc. ISRG

405.18 5.66 1.42% as of 25 Sep
Market cap
$140.7B
P/E
45.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Intuitive Surgical, Inc. (ISRG) P/B ratio

As of 25 September 2026, Intuitive Surgical, Inc. (ISRG) trades at a P/B ratio of 7.8×. Over the past ten years it has ranged from 4.1× (October 2015) to 13.1× (January 2025); the current reading is higher than 33% of that period. That is above the Medical Instruments & Supplies industry median of 2.8× and above the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 11.3× 0.44%
FY2024 11.2× 29.27%
FY2023 8.7× 2.05%
FY2022 8.5× (20.58%)
FY2021 10.7× 9.12%
FY2020 9.8× 19.15%
FY2019 8.2× 1.13%
FY2018 8.1× (7.13%)
FY2017 8.8× 106.10%
FY2016 4.3× (9.30%)

Quarterly

Period P/B ratio Change
Jun 2026 7.7× (17.22%)
Mar 2026 9.3× (17.48%)
Dec 2025 11.3× 20.39%
Sep 2025 9.4× (13.76%)
42 more quarters

Against its own ten years

Low 4.1× High 13.1×
Ten-year median 8.6×
Current reading's percentile 33

P/B ratio against peers

Company P/B ratio
ALC Alcon compare 1.5×
MDLN Medline Inc. compare 1.6×
BAX Baxter International Inc. compare 2.0×
BDX Becton, Dickinson and Company compare 2.1×
SOLV Solventum Corporation compare 3.2×
RMD ResMed Inc. compare 4.9×
RGEN Repligen Corporation compare 5.1×
ISRG Intuitive Surgical, Inc. 7.8×
WST West Pharmaceutical Services, Inc. compare 8.8×
Medical Instruments & Supplies industry median 2.8×
Healthcare sector median 2.5×
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))

The full definition of P/B ratio →

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