Fortive (FTV) - P/B ratio

P/B ratio as of November 2024 : 2.48

According to Fortive's latest financial reports the company has a price-to-book ratio of 4.23438.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Fortive - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.51	6.81%
2022-12-31	2.35	-18.37%
2021-12-31	2.87	8%
2020-12-31	2.66	-23.27%
2019-12-31	3.47	1.34%
2018-12-31	3.42	-48.17%
2017-12-31	6.60	-4.17%
2016-12-31	6.89
2015-12-31	N/A
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Mesa Laboratories MLAB	3.52	41.67%	🇺🇸 USA
MKS Instruments MKSI	3.40	37.02%	🇺🇸 USA
Luna Innovations LUNA	0.5758	-76.82%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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