International Business Machines IBM
NYSE IBM
$232.13 -2.76 (-1.18%)
As of: Sep 8, 2026 · 3:59 PM EDT

International Business Machines (IBM) Price to Book (2009 - 2026)

International Business Machines (IBM) posted Price to Book of 7.67 for Q2 2026, up 11.29% on a QoQ basis from 6.89 in Q1 2026, and down 22.94% year-over-year from 9.95 in Q2 2025.

Analysis

International Business Machines (IBM) Price to Book (2009 - 2026) Analysis & Trends

International Business Machines has reported Price to Book for 18 years, with the latest figure at 7.67 in Q2 2026.

  • On a quarterly basis, Price to Book fell 22.94% year-over-year to 7.67 in Q2 2026; TTM through Jun 2026 was 7.67, a 22.94% decrease from a year earlier, with the FY2025 full-year figure at 8.49, up 14.05% from the prior year.
  • Price to Book was 7.67 for Q2 2026 at International Business Machines, up from 6.89 in the prior quarter.
  • The five-year high for Price to Book was 9.95 in Q2 2025, with the low at 5.33 in Q3 2022.
  • Average Price to Book over 5 years is 7.1, with a median of 6.76 recorded in 2023.
  • The sharpest annual moves came in 2024 and 2026: Price to Book jumped 50.63% in 2024, then dropped 22.94% in 2026.
  • Over 5 years, Price to Book stood at 5.8 in 2022, then gained by 14.25% to 6.63 in 2023, then rose by 12.23% to 7.44 in 2024, then advanced by 14.05% to 8.49 in 2025, then dropped by 9.62% to 7.67 in 2026.
  • The last three Price to Book figures came in at 7.67 (Q2 2026), 6.89 (Q1 2026), and 8.49 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,667.18 Bn 3,534.43 Bn 60.48 Bn
2 International Business Machines 219.09 Bn 207.74 Bn 9.91 Bn
3 Nebius 58.78 Bn 50.74 Bn 448.70 Mn
4 CoreWeave 55.00 Bn 49.46 Bn 1.70 Bn
5 Nutanix 17.90 Bn 15.89 Bn 610.79 Mn
6 DigitalOcean Holdings 13.16 Bn 12.39 Bn 154.66 Mn
7 Kingsoft Cloud Holdings 2.84 Bn 2.15 Bn 68.71 Mn
8 Tuya 1.14 Bn 160.97 Mn 43.05 Mn
9 SharonAI Holdings 1.07 Bn -787.99 Mn 1.17 Mn
10 Backblaze 791.99 Mn 740.61 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.67
Mar 31, 2026 6.89
Dec 31, 2025 8.49
Sep 30, 2025 9.42
Jun 30, 2025 9.95
Mar 31, 2025 8.57
Dec 31, 2024 7.44
Sep 30, 2024 8.33
Jun 30, 2024 6.61
Mar 31, 2024 7.52
Dec 31, 2023 6.63
Sep 30, 2023 5.53
Jun 30, 2023 5.47
Mar 31, 2023 5.49
Dec 31, 2022 5.80
Sep 30, 2022 5.33
Jun 30, 2022 6.55
Mar 31, 2022 6.12
Dec 31, 2021 6.33
Sep 30, 2021 5.33