Morgan Stanley MS
NYSE MS
$179.49 -4.44 (-2.41%)
At close: Oct 23, 2026 · 4:00 PM EDT

Morgan Stanley (MS) Price to Book (2009 - 2026)

Updated

Morgan Stanley's (MS) Price to Book came in at 2.80 for Q2 2026, up 35.8% from 2.06 a year earlier and up 24.2% from the prior quarter.

Analysis

Morgan Stanley (MS) Price to Book (2009 - 2026) Analysis & Trends

For FY2025, Morgan Stanley's Price to Book stood at 2.49, up 30.2% from FY2024.

  • Annual Price to Book has increased for three consecutive years.
  • In prior years, Morgan Stanley's Price to Book was 1.92 in FY2024 (+26.3%), 1.52 in FY2023 (+7.8%), 1.41 in FY2022 (-13.8%) and 1.63 in FY2021 (+35.7%).
  • The Q2 2026 figure stands as the highest quarterly Price to Book in data going back to Q4 2009.
  • On a year-over-year basis, Price to Book has increased in each of the last 13 quarters, with growth averaging 28.8% over the last eight quarters.
  • The strongest year-over-year quarter for Price to Book in the past five years was Q3 2021, with growth of 92.6%; the weakest was Q3 2022, with a decline of 19.8%.
  • According to Business Quant data, Price to Book for the three prior quarters was 2.25 (Q1 2026), 2.49 (Q4 2025) and 2.28 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 881.30 Bn 881.30 Bn -
2 Bank Of America 354.90 Bn -2,021.17 Bn -
3 Hsbc Holdings 311.39 Bn -1,517.77 Bn -
4 Morgan Stanley 282.15 Bn -226.95 Bn -
5 Royal Bank Of Canada 281.68 Bn -548.32 Bn -
6 Goldman Sachs 255.22 Bn -3,301.89 Bn -
7 Mitsubishi Ufj Financial 249.82 Bn -82.42 Bn 10.89 Bn
8 Wells Fargo & Company 249.49 Bn 251.62 Bn -
9 Toronto Dominion Bank 210.53 Bn -465.35 Bn -
10 American Express 210.06 Bn 9.55 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.80
Mar 31, 2026 2.25
Dec 31, 2025 2.49
Sep 30, 2025 2.28
Jun 30, 2025 2.06
Mar 31, 2025 1.74
Dec 31, 2024 1.92
Sep 30, 2024 1.61
Jun 30, 2024 1.55
Mar 31, 2024 1.53
Dec 31, 2023 1.52
Sep 30, 2023 1.34
Jun 30, 2023 1.40
Mar 31, 2023 1.44
Dec 31, 2022 1.41
Sep 30, 2022 1.31
Jun 30, 2022 1.28
Mar 31, 2022 1.47
Dec 31, 2021 1.63
Sep 30, 2021 1.63
API Access

Morgan Stanley 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=MS&period=max&api_key=YOUR_API_KEY