Fortive
FTV
$77.32
Share price
0.21%
Change (1 day)
17.69%
Change (1 year)
Categories
Fortive is an American industrial technology conglomerate company, the companies controls over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution.
Fortive (FTV) - P/B ratio
P/B ratio as of May 2024 : 2.59
According to Fortive's latest financial reports the company has a price-to-book ratio of 2.59.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Fortive - P/B ratio (from 2016 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 2.51 | 6.81% |
| 2022-12-31 | 2.35 | -18.37% |
| 2021-12-31 | 2.87 | 8% |
| 2020-12-31 | 2.66 | -23.27% |
| 2019-12-31 | 3.47 | 1.34% |
| 2018-12-31 | 3.42 | -48.17% |
| 2017-12-31 | 6.60 | -4.17% |
| 2016-12-31 | 6.89 | |
| 2015-12-31 | N/A | |
| 2014-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 MKS Instruments MKSI | 3.49 | 34.55% | 🇺🇸 USA |
 Mesa Laboratories MLAB | 1.64 | -36.86% | 🇺🇸 USA |
 Luna Innovations
LUNA | 1.10 | -57.40% | 🇺🇸 USA |