Thermo Fisher Scientific (TMO) Price to Book (2009 - 2026)
Thermo Fisher Scientific's Price to Book came in at 3.60 for Q2 2026, up 17.9% from 3.05 a year earlier and up 6.3% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Thermo Fisher Scientific's Price to Book was 4.03, up 1.7% from FY2024.
- Going back by year, Price to Book was 3.96 in FY2024 (-8.6%), 4.33 in FY2023 (-10.1%), 4.82 in FY2022 (-24.6%) and 6.39 in FY2021 (+20.2%).
- The five-year range for quarterly Price to Book is 3.05 (Q2 2025) to 6.39 (Q4 2021).
- Year-over-year, Price to Book increased in three of the last eight quarters, with an average decline of 8.9%.
- The fastest year-over-year change in Price to Book over five years came in Q4 2021 (growth of 20.2%), and the weakest in Q2 2025 (a decline of 31.4%).
- Business Quant data shows TMO's Price to Book at 3.39 (Q1 2026), 4.03 (Q4 2025) and 3.42 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Thermo Fisher Scientific 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=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TMO", "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=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();