Illinois Tool Works Inc. ITW

274.32 2.32 0.85% as of 25 Sep
Market cap
$77.5B
P/E
24.8×
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Growth Flags show if company had growth for consecutive years,
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Illinois Tool Works Inc. (ITW) P/B ratio

As of 25 September 2026, Illinois Tool Works Inc. (ITW) trades at a P/B ratio of 27.1×. Over the past ten years it has ranged from 5.4× (January 2015) to 29.4× (August 2026); the current reading is higher than 99% of that period. That is above the Specialty Industrial Machinery industry median of 3.0× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 22.3× (1.91%)
FY2024 22.7× (13.31%)
FY2023 26.2× 18.52%
FY2022 22.1× 2.96%
FY2021 21.4× 5.63%
FY2020 20.3× 5.74%
FY2019 19.2× 47.40%
FY2018 13.0× 5.12%
FY2017 12.4× 21.35%
FY2016 10.2× 56.58%

Quarterly

Period P/B ratio Change
Jun 2026 26.8× 15.17%
Mar 2026 23.2× 4.39%
Dec 2025 22.3× (5.82%)
Sep 2025 23.6× 4.99%
42 more quarters

Against its own ten years

Low 5.4× High 29.4×
Ten-year median 19.4×
Current reading's percentile 99

P/B ratio against peers

Company P/B ratio
IR Ingersoll Rand Inc. compare 2.9×
EMR Emerson Electric Co. compare 4.3×
SYM Symbotic Inc. compare 4.9×
AME AMETEK, Inc. compare 5.1×
CMI Cummins Inc. compare 5.2×
PH Parker-Hannifin Corporation compare 8.0×
ETN Eaton Corporation, PLC compare 8.4×
ROK Rockwell Automation, Inc. compare 13.8×
ITW Illinois Tool Works Inc. 27.1×
Specialty Industrial Machinery industry median 3.0×
Industrials sector median 2.4×
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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