Air Products & Chemicals (APD) Price to Book (2009 - 2026)
Air Products & Chemicals' (APD) Price to Book stood at 3.93 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 11.3% from 3.53 a year earlier and up 10.4% from the prior quarter.
Air Products & Chemicals (APD) Price to Book (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Air Products & Chemicals' Price to Book came in at 3.51, down 1.1% from FY2024.
- Across earlier fiscal years, Price to Book came in at 3.55 in FY2024 (-11.8%), 4.02 in FY2023 (+6.6%), 3.77 in FY2022 (-6.3%) and 4.03 in FY2021 (-23.9%).
- The fiscal Q3 2026 figure is the highest quarterly Price to Book since fiscal Q4 2023.
- On a year-over-year basis, Price to Book rose in three of the last eight quarters, with an average decline of 1.0%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 18.6% in fiscal Q2 2025, against a decline of 24.1% in fiscal Q2 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 3.56 (Q2 2026), 3.08 (Q1 2026) and 3.51 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.93 |
| Mar 31, 2026 | 3.56 |
| Dec 31, 2025 | 3.08 |
| Sep 30, 2025 | 3.51 |
| Jun 30, 2025 | 3.53 |
| Mar 31, 2025 | 3.91 |
| Dec 31, 2024 | 3.44 |
| Sep 30, 2024 | 3.55 |
| Jun 30, 2024 | 3.44 |
| Mar 31, 2024 | 3.30 |
| Dec 31, 2023 | 3.77 |
| Sep 30, 2023 | 4.02 |
| Jun 30, 2023 | 4.33 |
| Mar 31, 2023 | 4.34 |
| Dec 31, 2022 | 4.72 |
| Sep 30, 2022 | 3.77 |
| Jun 30, 2022 | 3.75 |
| Mar 31, 2022 | 3.82 |
| Dec 31, 2021 | 4.69 |
| Sep 30, 2021 | 4.03 |
Air Products & Chemicals Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=APD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "APD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();