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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |