Johnson & Johnson (JNJ) - P/B ratio

P/B ratio as of February 2026 : 6.91

According to Johnson & Johnson's latest financial reports the company has a price-to-book ratio of 5.9416.
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.

Johnson & Johnson - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	6.30	29%
2024-12-31	4.88	-10.96%
2023-12-31	5.49	-8.76%
2022-12-31	6.01	-1.16%
2021-12-31	6.08	-7.08%
2020-12-31	6.55	1.4%
2019-12-31	6.46	12.3%
2018-12-31	5.75	-7.84%
2017-12-31	6.24	40.18%
2016-12-31	4.45	11.42%
2015-12-31	3.99	-4.26%
2014-12-31	4.17	19.6%
2013-12-31	3.49	16.11%
2012-12-31	3.00	-4.24%
2011-12-31	3.14	4.51%
2010-12-31	3.00	-14.54%
2009-12-31	3.51	-10.04%
2008-12-31	3.90	-10.71%
2007-12-31	4.37	-9.98%
2006-12-31	4.86	5.2%
2005-12-31	4.62	-22.03%
2004-12-31	5.92	3.79%
2003-12-31	5.71	-18.76%
2002-12-31	7.02

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Novartis NVS	6.37	-7.70%	🇨🇭 Switzerland
Pfizer PFE	1.61	-76.62%	🇺🇸 USA
Abbott Laboratories ABT	3.71	-46.27%	🇺🇸 USA
Medtronic MDT	2.70	-60.86%	🇮🇪 Ireland
Eli Lilly LLY	39.0	464.44%	🇺🇸 USA
Sanofi SNY	1.32	-80.83%	🇫🇷 France
Gilead Sciences GILD	8.21	18.86%	🇺🇸 USA
Stryker Corporation SYK	6.49	-6.07%	🇺🇸 USA
Merck MRK	5.31	-23.17%	🇺🇸 USA
GSK plc GSK	4.92	-28.69%	🇬🇧 UK

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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