Union Pacific Corporation UNP

273.79 (0.28) (0.10%) as of 25 Sep
Market cap
$162.8B
P/E
22.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Union Pacific Corporation (UNP) P/B ratio

As of 25 September 2026, Union Pacific Corporation (UNP) trades at a P/B ratio of 7.9×. Over the past ten years it has ranged from 2.9× (January 2016) to 14.5× (March 2022); the current reading is higher than 52% of that period. That is above the Railroads industry median of 4.3× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 7.5× (9.15%)
FY2024 8.2× (18.20%)
FY2023 10.0× (5.64%)
FY2022 10.6× (8.63%)
FY2021 11.6× 39.86%
FY2020 8.3× 18.53%
FY2019 7.0× 38.05%
FY2018 5.1× 16.53%
FY2017 4.4× 1.87%
FY2016 4.3× 30.85%

Quarterly

Period P/B ratio Change
Jun 2026 7.8× 5.37%
Mar 2026 7.4× (0.59%)
Dec 2025 7.5× (7.90%)
Sep 2025 8.1× (3.75%)
42 more quarters

Against its own ten years

Low 2.9× High 14.5×
Ten-year median 7.7×
Current reading's percentile 52

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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