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Axon Enterprise price to book ratio AXON

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026
9.3×
10-year median
9.8×
Against its 10-year history
44th
percentile: 0 is its lowest day, 100 its highest
10-year range
5.3× to 25.0×
Peer median
6.7×

Axon Enterprise's price to book ratio is 9.3× as of Oct 23, 2026.

That is below its ten-year median of 9.8×, close to the middle of its last ten years.

Over that time it ranged from 5.3× in Dec 2018 to 25.0× in Dec 2024.

The median for 10 aerospace and defense stocks of a similar size is 6.7×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far9.3×8.6×16.6×
202515.2×13.6×24.9×
202422.2×11.6×25.0×
202312.7×9.5×12.9×
20229.6×5.5×10.9×
20219.7×8.1×13.9×
20208.7×5.8×10.7×
20198.5×5.9×9.0×
20185.5×5.3×19.8×
20178.4×6.7×10.1×
20169.0×5.2×11.3×
20156.2×6.1×13.3×
201412.0×4.9×12.0×
20139.0×4.6×10.8×
20125.8×2.4×5.9×
20113.0×2.1×3.7×

Against its peers

Companies in Aerospace & Defense nearest Axon Enterprise's size, closest first, today.

CompanyPrice to book ratio
AXONAxon Enterprise9.3×
HEIHEICO8.4×
LHXL3Harris Technologies2.4×
HONAHoneywell Aerospacen/m
TDGTransDigmn/m
WWDWoodward7.2×
CWCurtiss-Wright6.2×
FTAIFTAI Aviation39.2×
HWMHowmet Aerospace12.9×
NOCNorthrop Grumman4.4×
TXTTextron1.6×
Peer median6.7×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Axon Enterprise

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.