T. Rowe Price Group, Inc. TROW

105.51 1.24 1.19% as of 25 Sep
Market cap
$22.2B
P/E
10.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

T. Rowe Price Group, Inc. (TROW) P/B ratio

As of 25 September 2026, T. Rowe Price Group, Inc. (TROW) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.7× (April 2025) to 6.4× (August 2021); the current reading is higher than 5% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.0× (14.76%)
FY2024 2.4× (3.83%)
FY2023 2.5× (8.71%)
FY2022 2.7× (43.16%)
FY2021 4.8× 6.93%
FY2020 4.5× 11.29%
FY2019 4.0× 10.61%
FY2018 3.7× (14.47%)
FY2017 4.3× 14.83%
FY2016 3.7× (2.74%)

Quarterly

Period P/B ratio Change
Jun 2026 2.2× 21.56%
Mar 2026 1.8× (12.30%)
Dec 2025 2.0× (0.28%)
Sep 2025 2.1× 3.36%
42 more quarters

Against its own ten years

Low 1.7× High 6.4×
Ten-year median 3.7×
Current reading's percentile 5

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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