AT&T Inc. T

25.38 (0.07) (0.28%) as of 25 Sep
Market cap
$174.2B
P/E
8.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

AT&T Inc. (T) P/B ratio

As of 25 September 2026, AT&T Inc. (T) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.7× (December 2021) to 1.8× (September 2025); the current reading is higher than 70% of that period. That is below the Telecom Services industry median of 1.5× and below the Communication Services sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.4× 1.55%
FY2024 1.4× 31.43%
FY2023 1.1× (16.39%)
FY2022 1.3× 74.14%
FY2021 0.7× (16.48%)
FY2020 0.9× (18.94%)
FY2019 1.1× 41.95%
FY2018 0.8× (40.35%)
FY2017 1.3× (21.74%)
FY2016 1.6× 36.49%

Quarterly

Period P/B ratio Change
Jun 2026 1.1× (29.86%)
Mar 2026 1.6× 15.03%
Dec 2025 1.4× (11.70%)
Sep 2025 1.6× (7.23%)
42 more quarters

Against its own ten years

Low 0.7× High 1.8×
Ten-year median 1.1×
Current reading's percentile 70

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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