Caterpillar (CAT) Price to Book (2009 - 2026)
Caterpillar (CAT) posted Price to Book of 25.24 for Q2 2026, up 44.33% on a QoQ basis from 17.49 in Q1 2026, and up 159.01% year-over-year from 9.75 in Q2 2025.
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Analysis
Caterpillar (CAT) Price to Book (2009 - 2026) Analysis & Trends
Caterpillar has reported Price to Book for 18 years, with the latest figure at 25.24 in Q2 2026.
- On a quarterly basis, Price to Book rose 159.01% year-over-year to 25.24 in Q2 2026; TTM through Jun 2026 was 25.24, a 159.01% increase from a year earlier, with the FY2025 full-year figure at 12.5, up 40.59% from the prior year.
- Price to Book was 25.24 for Q2 2026 at Caterpillar, up from 17.49 in the prior quarter.
- The five-year high for Price to Book was 25.24 in Q2 2026, with the low at 5.47 in Q3 2022.
- Average Price to Book over 5 years is 9.81, with a median of 8.75 recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Price to Book retreated 15.39% in 2025, then surged 159.01% in 2026.
- Over 5 years, Price to Book stood at 7.78 in 2022, then dropped by 2.74% to 7.57 in 2023, then increased by 17.47% to 8.89 in 2024, then jumped by 40.59% to 12.5 in 2025, then jumped by 101.87% to 25.24 in 2026.
- The last three Price to Book figures came in at 25.24 (Q2 2026), 17.49 (Q1 2026), and 12.5 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.24 |
| Mar 31, 2026 | 17.49 |
| Dec 31, 2025 | 12.50 |
| Sep 30, 2025 | 10.81 |
| Jun 30, 2025 | 9.75 |
| Mar 31, 2025 | 8.60 |
| Dec 31, 2024 | 8.89 |
| Sep 30, 2024 | 9.73 |
| Jun 30, 2024 | 9.43 |
| Mar 31, 2024 | 10.16 |
| Dec 31, 2023 | 7.57 |
| Sep 30, 2023 | 6.78 |
| Jun 30, 2023 | 6.88 |
| Mar 31, 2023 | 6.50 |
| Dec 31, 2022 | 7.78 |
| Sep 30, 2022 | 5.47 |
| Jun 30, 2022 | 5.99 |
| Mar 31, 2022 | 6.95 |
| Dec 31, 2021 | 6.71 |
| Sep 30, 2021 | 6.22 |
API Access
Caterpillar 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=CAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CAT", "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=CAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();