Garmin (GRMN) Price to Book (2009 - 2026)
Garmin's Price to Book came in at 4.97 for Q2 2026, up 0.6% from 4.94 a year earlier and up 3.7% from the prior quarter.
Analysis
Garmin (GRMN) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Garmin's Price to Book was 4.41, down 14.1% from FY2024.
- Going back by year, Price to Book was 5.13 in FY2024 (+46.1%), 3.51 in FY2023 (+23.3%), 2.85 in FY2022 (-32.7%) and 4.24 in FY2021 (+1.5%).
- The five-year range for quarterly Price to Book is 2.71 (Q3 2022) to 5.67 (Q3 2021).
- Year-over-year, Price to Book increased in six of the last eight quarters, with growth averaging 16.1%.
- The fastest year-over-year change in Price to Book over five years came in Q3 2021 (growth of 61.8%), and the weakest in Q3 2022 (a decline of 52.3%).
- Business Quant data shows GRMN's Price to Book at 4.79 (Q1 2026), 4.41 (Q4 2025) and 5.46 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,061.41 Bn | 4,808.90 Bn | 54.77 Bn |
| 2 | Cisco Systems | 411.09 Bn | 347.02 Bn | 11.06 Bn |
| 3 | Dell Technologies | 292.97 Bn | 248.73 Bn | 9.83 Bn |
| 4 | Arista Networks | 215.85 Bn | 169.30 Bn | 1.91 Bn |
| 5 | Sandisk | 187.64 Bn | 176.16 Bn | 7.58 Bn |
| 6 | Sony | 156.45 Bn | 93.71 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 139.09 Bn | 134.09 Bn | 1.90 Bn |
| 8 | Western Digital | 121.51 Bn | 109.64 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 73.19 Bn | 51.07 Bn | 4.93 Bn |
| 10 | Garmin | 56.50 Bn | 45.85 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.97 |
| Mar 28, 2026 | 4.79 |
| Dec 27, 2025 | 4.41 |
| Sep 27, 2025 | 5.46 |
| Jun 28, 2025 | 4.94 |
| Mar 29, 2025 | 5.03 |
| Dec 28, 2024 | 5.13 |
| Sep 28, 2024 | 4.45 |
| Jun 29, 2024 | 4.47 |
| Mar 30, 2024 | 3.95 |
| Dec 30, 2023 | 3.51 |
| Sep 30, 2023 | 3.17 |
| Jul 1, 2023 | 3.26 |
| Apr 1, 2023 | 3.02 |
| Dec 31, 2022 | 2.85 |
| Sep 24, 2022 | 2.71 |
| Jun 25, 2022 | 3.30 |
| Mar 26, 2022 | 3.60 |
| Dec 25, 2021 | 4.24 |
| Sep 25, 2021 | 5.67 |
API Access
Garmin 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=GRMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "GRMN", "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=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();