Price T Rowe (TROW) Price to Book (2009 - 2026)
Price T Rowe's Price to Book came in at 2.17 for Q2 2026, up 9.8% from 1.98 a year earlier and up 23.0% from the prior quarter.
Analysis
Price T Rowe (TROW) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price T Rowe's Price to Book was 2.03, down 15.4% from FY2024.
- Price to Book has declined in each of the last four years.
- Going back by year, Price to Book was 2.40 in FY2024 (-3.4%), 2.48 in FY2023 (-8.4%), 2.71 in FY2022 (-44.0%) and 4.84 in FY2021 (+8.0%).
- The Q2 2026 figure represents the highest quarterly Price to Book since Q4 2024.
- Year-over-year, Price to Book increased in 1 of the last eight quarters, with an average decline of 10.7%.
- The fastest year-over-year change in Price to Book over five years came in Q3 2021 (growth of 31.4%), and the weakest in Q3 2022 (a decline of 51.9%).
- Business Quant data shows TROW's Price to Book at 1.77 (Q1 2026), 2.03 (Q4 2025) and 2.04 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | Price T Rowe | 22.20 Bn | 9.23 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.17 |
| Mar 31, 2026 | 1.77 |
| Dec 31, 2025 | 2.03 |
| Sep 30, 2025 | 2.04 |
| Jun 30, 2025 | 1.98 |
| Mar 31, 2025 | 1.92 |
| Dec 31, 2024 | 2.40 |
| Sep 30, 2024 | 2.32 |
| Jun 30, 2024 | 2.53 |
| Mar 31, 2024 | 2.73 |
| Dec 31, 2023 | 2.48 |
| Sep 30, 2023 | 2.44 |
| Jun 30, 2023 | 2.65 |
| Mar 31, 2023 | 2.74 |
| Dec 31, 2022 | 2.71 |
| Sep 30, 2022 | 2.57 |
| Jun 30, 2022 | 2.80 |
| Mar 31, 2022 | 3.68 |
| Dec 31, 2021 | 4.84 |
| Sep 30, 2021 | 5.35 |
API Access
Price T Rowe 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=TROW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TROW", "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=TROW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();