United Parcel Service, Inc. UPS
- Market cap
- $78.7B
- P/E
- 17.4×
Follow UPS
United Parcel Service, Inc. (UPS) P/B ratio
As of 25 September 2026, United Parcel Service, Inc. (UPS) trades at a P/B ratio of 5.3×. Over the past ten years it has ranged from 4.4× (September 2025) to 243× (January 2017); the current reading is higher than 5% of that period. That is above the Integrated Freight & Logistics industry median of 1.7× and above the Industrials sector median of 2.4×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 5.2× | (19.55%) |
| FY2024 | 6.4× | (17.74%) |
| FY2023 | 7.8× | 1.77% |
| FY2022 | 7.7× | (41.14%) |
| FY2021 | 13.1× | (94.02%) |
| FY2020 | 218× | 608.41% |
| FY2019 | 30.8× | 10.77% |
| FY2018 | 27.8× | (73.56%) |
| FY2017 | 105× | (55.59%) |
| FY2016 | 237× | 580.52% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 6.1× | 14.41% |
| Mar 2026 | 5.3× | 2.34% |
| Dec 2025 | 5.2× | 15.77% |
| Sep 2025 | 4.5× | (17.52%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| PBI Pitney Bowes Inc. compare | n/m |
| ZTO ZTO Express (Cayman) Inc. compare | 1.6× |
| GXO GXO Logistics, Inc. compare | 1.7× |
| FDX FedEx Corporation compare | 2.1× |
| UPS United Parcel Service, Inc. | 5.3× |
| JBHT J.B. Hunt Transport Services, Inc. compare | 6.0× |
| LSTR Landstar System, Inc. compare | 6.6× |
| CHRW C.H. Robinson Worldwide, Inc. compare | 10.7× |
| EXPD Expeditors International of Washington, Inc. compare | 11.6× |
| Integrated Freight & Logistics industry median | 1.7× |
| Industrials sector median | 2.4× |
| Market median | 1.8× |
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))
More on UPS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement