Thermo Fisher Scientific TMO
NYSE TMO
$613.75 -4.62 (-0.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

Thermo Fisher Scientific (TMO) Price to Book (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Price to Book came in at 3.6 in Q2 2026, up 17.88% on a YoY basis from 3.05 in Q2 2025, and up 6.31% quarter-over-quarter from 3.39 in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Price to Book (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Price to Book for 18 consecutive years, with 3.6 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book rose 17.88% year-over-year to 3.6; the trailing twelve-month figure through Jun 2026 stood at 3.6 (up 17.88% YoY), and the FY2025 full-year result was 4.03, up 1.74% from the prior year.
  • Price to Book grew to 3.6 in Q2 2026 per TMO's latest filing, from 3.39 in the prior quarter.
  • Across five years, Price to Book topped out at 5.65 in Q2 2022 and bottomed at 3.05 in Q2 2025.
  • Historically, Price to Book has averaged 4.33 across 5 years, with a median of 4.39 in 2023.
  • The sharpest annual moves came in 2025 and 2026: Price to Book slumped 31.44% in 2025, then gained 17.88% in 2026.
  • Over 5 years, Price to Book stood at 4.82 in 2022, then decreased by 10.14% to 4.33 in 2023, then retreated by 8.56% to 3.96 in 2024, then climbed by 1.74% to 4.03 in 2025, then decreased by 10.66% to 3.6 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 3.6, 3.39, and 4.03 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 226.93 Bn 222.99 Bn 8.34 Bn
2 Danaher 145.94 Bn 141.60 Bn 3.61 Bn
3 Agilent Technologies 42.55 Bn 40.79 Bn 1.04 Bn
4 Illumina 32.95 Bn 31.78 Bn 770.00 Mn
5 Revvity 14.53 Bn 13.51 Bn 416.87 Mn
6 Bio-Techne 11.31 Bn 11.04 Bn 211.39 Mn
7 Bio-Rad Laboratories 10.34 Bn 8.72 Bn 345.80 Mn
8 Repligen 9.46 Bn 8.44 Bn 110.04 Mn
9 Bruker 8.91 Bn 8.73 Bn 416.00 Mn
10 10x Genomics 8.16 Bn 7.61 Bn 112.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 3.60
Mar 28, 2026 3.39
Dec 31, 2025 4.03
Sep 27, 2025 3.42
Jun 28, 2025 3.05
Mar 29, 2025 3.83
Dec 31, 2024 3.96
Sep 28, 2024 4.80
Jun 29, 2024 4.45
Mar 30, 2024 4.88
Dec 31, 2023 4.33
Sep 30, 2023 4.31
Jul 1, 2023 4.60
Apr 1, 2023 5.25
Dec 31, 2022 4.82
Oct 1, 2022 4.56
Jul 2, 2022 5.07
Apr 2, 2022 5.65
Dec 31, 2021 6.39
Oct 2, 2021 5.82