Novanta (NOVT) Price to Book (2010 - 2026)
Novanta's (NOVT) Price to Book was 3.78 for Q2 2026, down 35.2% from 5.84 a year earlier but up 19.0% from the prior quarter.
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Analysis
Novanta (NOVT) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Price to Book at Novanta was 3.23, down 56.1% from FY2024.
- By year, Price to Book came in at 7.36 in FY2024 (-17.8%), 8.96 in FY2023 (+6.6%), 8.40 in FY2022 (-30.2%) and 12.04 in FY2021 (+38.1%).
- Five-year quarterly Price to Book spans a low of 3.18 in Q1 2026 and a high of 12.04 in Q4 2021.
- Year over year, Price to Book has now declined in each of the last seven quarters, with an average decline of 32.6% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q4 2021 (growth of 38.1%); the low point was Q4 2025 (a decline of 56.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.18 (Q1 2026), 3.23 (Q4 2025) and 4.52 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 323.56 Bn | 295.25 Bn | 7.76 Bn |
| 2 | Amphenol | 180.19 Bn | 174.89 Bn | 3.55 Bn |
| 3 | Deere | 173.53 Bn | 182.29 Bn | 4.66 Bn |
| 4 | Eaton | 143.22 Bn | 140.45 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 112.51 Bn | 110.65 Bn | 2.25 Bn |
| 6 | 3M | 90.71 Bn | 73.12 Bn | 2.78 Bn |
| 7 | Emerson Electric | 89.39 Bn | 82.15 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 79.53 Bn | 76.09 Bn | 1.90 Bn |
| 9 | Vertiv Holdings | 75.29 Bn | 65.91 Bn | 1.23 Bn |
| 10 | Novanta | 5.17 Bn | 3.59 Bn | 120.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.78 |
| Apr 3, 2026 | 3.18 |
| Dec 31, 2025 | 3.23 |
| Sep 26, 2025 | 4.52 |
| Jun 27, 2025 | 5.84 |
| Mar 28, 2025 | 6.03 |
| Dec 31, 2024 | 7.36 |
| Sep 27, 2024 | 8.54 |
| Jun 28, 2024 | 8.34 |
| Mar 29, 2024 | 9.20 |
| Dec 31, 2023 | 8.96 |
| Sep 29, 2023 | 7.97 |
| Jun 30, 2023 | 10.53 |
| Mar 31, 2023 | 9.52 |
| Dec 31, 2022 | 8.40 |
| Sep 30, 2022 | 7.61 |
| Jul 1, 2022 | 8.00 |
| Apr 1, 2022 | 9.43 |
| Dec 31, 2021 | 12.04 |
| Oct 1, 2021 | 10.91 |
API Access
Novanta 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=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NOVT", "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=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();