MSA Safety Incorporporated

MSA Industrials Security & Protection Services

MSA Safety Incorporporated’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 3.69% from fiscal 2024.

Revenue
+14.5%
EPS
−14.9%
Free cash flow
−32.1%
Total debt
+75.4%

Quarter to September 2026, against a year earlier

169.00 0.99 −0.58%
Market cap
$6.6B
P/E
21.8×
Fwd P/E
21.0×
Dividend yield
1.26%
F-score
5/9
Altman Z
5.51
Beneish M
−2.50
Dividend safety
82/100

MSA Safety Incorporporated (MSA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, MSA Safety Incorporporated (MSA) trades at a P/B ratio of 4.6×. Over the past ten years it has ranged from 2.7× (September 2015) to 8.9× (June 2023); the current reading is higher than 18% of that period. That is above the Security & Protection Services industry median of 2.1× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.6× (19.56%)
FY2024 5.7× (16.44%)
FY2023 6.9× 12.19%
FY2022 6.1× (14.18%)
FY2021 7.1× 3.37%
FY2020 6.9× 2.78%
FY2019 6.7× 17.82%
FY2018 5.7× 13.66%
FY2017 5.0× 7.45%
FY2016 4.7× 47.50%

Quarterly newest first

Period P/B ratio Change
Sep 2026 4.8× (0.57%)
Jun 2026 4.8× 2.33%
Mar 2026 4.7× 2.32%
Dec 2025 4.6× (11.24%)
43 more quarters

Against its own ten years

Low 2.7× High 8.9×
Ten-year median 5.7×
Current reading's percentile 11

P/B ratio against peers

Company P/B ratio
CXW CoreCivic, Inc. compare 1.2×
ADT ADT Inc. compare 2.0×
GEO Geo Group Inc (The) compare 2.2×
BRC Brady Corporation compare 2.8×
MSA MSA Safety Incorporporated 4.6×
NSSC NAPCO Security Technologies, Inc. compare 5.4×
EVLV Evolv Technologies Holdings, Inc. compare 6.9×
ALLE Allegion PLC compare 7.3×
BCO Brink's Company (The) compare 11.9×
Security & Protection Services industry median 2.1×
Industrials sector median 2.2×
Market median 1.7×

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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