Verizon Communications Inc. VZ

47.08 (0.24) (0.51%) as of 25 Sep
Market cap
$197.0B
P/E
12.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Verizon Communications Inc. (VZ) P/B ratio

As of 25 September 2026, Verizon Communications Inc. (VZ) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 1.3× (October 2023) to 19.3× (April 2015); the current reading is higher than 28% of that period. That is above the Telecom Services industry median of 1.5× and above the Communication Services sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.6× (2.94%)
FY2024 1.7× (3.92%)
FY2023 1.7× (4.27%)
FY2022 1.8× (29.62%)
FY2021 2.6× (26.22%)
FY2020 3.5× (13.16%)
FY2019 4.0× (4.68%)
FY2018 4.2× (13.29%)
FY2017 4.9× (47.20%)
FY2016 9.3× (12.44%)

Quarterly

Period P/B ratio Change
Jun 2026 1.7× (16.86%)
Mar 2026 2.0× 23.95%
Dec 2025 1.6× (6.84%)
Sep 2025 1.7× (0.23%)
42 more quarters

Against its own ten years

Low 1.3× High 19.3×
Ten-year median 3.6×
Current reading's percentile 28

P/B ratio against peers

Company P/B ratio
ORANY Orange compare n/m
VOD Vodafone Group PLC compare n/m
CMCSA Comcast Corporation compare 0.9×
T AT&T Inc. compare 1.4×
ECHO EchoStar Corporation compare 1.8×
VZ Verizon Communications Inc. 1.9×
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 2.8×
CHT Chunghwa Telecom Co., Ltd. compare 3.0×
TMUS T-Mobile US, Inc. compare 3.2×
Telecom Services industry median 1.5×
Communication Services sector median 1.6×
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))

The full definition of P/B ratio →

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