Morgan Stanley MS

196.31 (0.01) (0.01%) as of 25 Sep
Market cap
$309.4B
P/E
15.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Morgan Stanley (MS) P/B ratio

As of 25 September 2026, Morgan Stanley (MS) trades at a P/B ratio of 2.8×. Over the past ten years it has ranged from 0.6× (February 2016) to 3.4× (June 2026); the current reading is higher than 97% of that period. That is above the Capital Markets industry median of 1.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.7× 29.89%
FY2024 2.1× 24.77%
FY2023 1.7× 6.90%
FY2022 1.6× (11.58%)
FY2021 1.8× 51.52%
FY2020 1.2× 4.98%
FY2019 1.1× 19.93%
FY2018 0.9× (30.04%)
FY2017 1.3× 16.22%
FY2016 1.1× 29.21%

Quarterly

Period P/B ratio Change
Jun 2026 3.0× 24.04%
Mar 2026 2.4× (10.44%)
Dec 2025 2.7× 10.15%
Sep 2025 2.5× 10.44%
42 more quarters

Against its own ten years

Low 0.6× High 3.4×
Ten-year median 1.3×
Current reading's percentile 97

P/B ratio against peers

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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